As you can see from the screenshot below, one witness, @complexring, is testing version 0.19.3 of the steemd blockchain.
The current version, used by the majority of witnesses, is 0.19.2, so that's a bit strange, because there was no official announcement of that, on either @steemitblog or @steemitdev accounts. Even stranger than that is that on GitHub the latest release is still 0.19.2.
There are at least two options here:
- either @complexring uses 0.19.2 and it just tagged it in the scripts with 0.19.3, just to fool around
- or there is already a new version out there, tagged 0.19.3, but it's not released yet for public
Either way, I think we should prepare for hardfork 0.19.3 (which, as far as I know, won't impact end users, being a maintenance release with no significant changes).
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
https://steemit.com/~witnesses
If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform):
Why is the feed price variance so big?
Can it be arbitraged?
How does one buy or sell from or to a witness?
Each witness set up his own price feed and the final value is a median across all price feeds, so some of them are trying to arbitrage it by publishing big deviations.
You don't buy or sell from a witness, you can buy or sell from anyone in the internal market. The price feed doesn't represent the price at which the witness is selling his stake, just a price proposal, more like an oracle.
What prevents a witness from publishing an extremely exaggerated price feed?
What is the final median value used for?
What do you mean in your last sentence?
nothing, other than potentially losing the support of those who delegated him (it's DPoS, not PoS)
For setting up the internal price of STEEM
From your question I understand that you think witnesses are publishing price feeds for the STEEM they own, like an offer for selling their stake, and that is not true. Also, there is no price difference in buying from a witness or buying from a normal persons. Price feeds are like oracles.
Much of this information is in the white paper. I highly recommend to read that a few times to familiarize yourself with the ecosystem.
So the internal price of Steem is not determined by buyers and sellers like in Exchanges where a buy order price limit has to meet a sell order price limit?
Internally, price is set up by witnesses. Of course, witnesses are weighing in what happens in external exchanges when they publish their price feeds. But there will always be an arbitrage opportunity if you follow the internal market closely. I saw gaps up to 30% between SBD/STEEM internal vs external, in both directions.
nice post friend, i think timely maintenance is absolutly essential for any platform. thanks for sharing
Communication is the glue of life.
This is good information, you always update the data to facilitate and analyze. This is a good job,@dragosroua
Interesting.. I wish it was easier to keep up to date with the changes coming to STEEM and Steemit.
Do you happen to know what the status is of the update that will introduce communities and UI enhancements? Thanks!
There are two projects now on Github, one versioned 0.20.0 and the next one, 0.21.0.
For 0.20.0 there isn't much information, as it seems the efforts are on 0.21.0, which will introduce SMT. Hardforks are primarily related to backend, not UI. For UI, it's the condenser repo, where I see small changes are pushed to production without too much fuss, but no news on communities, so far.
its a very helpful post.............//////////////
Hmm, I may be wrong here but wouldn't 0.19.3 be a soft fork and 0.20 be a hard fork?
great catch there !!
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STOPgreat
Point releases (minor versions) are actually not hardforks - sometimes they include non-consensus softforks, but usually are not 'forks' at all.