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RE: Open Letter To Steem Community

in #steemit4 years ago

Here is a question. Does a witness earn Steem for mining blocks? I'm assuming that blocks are mined like Bitcoin blocks are mined by miners. I don't want to say Bitcoin and Steem are identical but this is my comparison. If I'm accurate, then that makes sense and I would prefer that over how Bitcoin does it I think.

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Top 20 witnesses get 0.21 STEEM per a block. Backup witnesses get ~1.2 STEEM per a block.

This might be one of the advantages Steem has over Bitcoin. I wish Tron the best of luck. Things are getting better for Steemit. My fingers are crossed.