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gtg witness log by gtg

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· @gtg ·
$27.95
gtg witness log
Current policy:
===
- Unbiased price feed ( previously was set to 1% below observed market price )
- Minimum account creation fee set to `20 STEEM` which is currently worth ~$4. This is going to be revisited after HF17 due to delegated bandwidth feature and its implications.
- SBD interest rate at 1.5%

Current, observed parameters:
===
```
Real SBD value: $1.040
STEEM value: $0.200
current_sbd_supply: 1051594.546 SBD
sbd_interest_rate: 225
account_creation_fee: 25.400 STEEM
```
Upcoming Hard Fork
---
https://github.com/steemit/steem/releases/tag/v0.17.0
As I mentioned already in my previous post and discussed a lot I support upcoming changes while being neutral in the worst case(s).
Yes, I am aware of some existing issues but I do not consider them as critical.
True, I am not an expert in every field so I might be underestimating some of them. Still, I believe that HF17 pros outmatch its cons, and after adding time factor choice is obvious to me. In the end we would move forward at the cost of some additional challenges on our way. We can cope with these challenges because we have great devs among our community and experienced witnesses. It's nothing new to us, right?

Standing idle on the crossroads would not make Steem great.

For non-technical readers wondering what it is all about with HF doubts there is a [pineapple pizza analogy](https://steemit.com/fun/@gtg/pineapple-on-pizza-hardfork-doubts-eli5).

Useful resources
---
My full node with a public steem API is available at `gtg.steem.house:8090`
Node is still running `v0.16.3` built with:
```
CMAKE_BUILD_TYPE = Release
LOW_MEMORY_NODE  = OFF
CLEAR_VOTES      = OFF
```
Available APIs:
```
public-api = database_api
public-api = login_api
public-api = account_by_key_api
public-api = tag_api
public-api = follow_api
public-api = market_history_api
```

After weeks of operation node feels fine and is processing more and more requests while still keeping very low latency. Disk throughput is relatively low because most of the data fits in RAM.

![disk-month.png](https://steemitimages.com/DQmZeD1axKimUD5GrGDt55NWDzfjrPPaZ3236mFCsSwJdGd/disk-month.png)

I am also serving an always up to date blockchain data:
`https://gtg.steem.house/get/blockchain/`
There's also highly compressed version at `blockchain.xz` (current as of March 21st, compatible with versions `v0.16.1` or greater, including `v0.17.0`, i.e. no need to resync, just replay) that might be useful when dealing with upgrades, hard forks, etc. or by those with slow connection. Smaller size (only ~3.6GB) at the cost of missing few days of blocks (which would be synced "normal way").
It's also compatible with `pixz` which can significantly speed up decompression time on multi-core machines.

Back from vacation
---
I was enjoying my well-deserved vacation. (Steem is all about subjective point of view, right? ;-) ) 
Thank you all for helping me fulfill my duties, keeping me updated and securing various "just in case" scenarios.
Special thanks goes to: @abit, @blocktrades, @roelandp and few anonymous heroes ;-)
---

<sub>
If you believe I can be of value to steem, please vote for me ([**gtg**](https://steemit.com/@gtg)) as a witness either on [Steemit's Witnesses List](https://steemit.com/~witnesses) or by using your **cli_wallet** command: `vote_for_witness "YOURACCOUNT" "gtg" true true`
</sub>
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 86 others
πŸ‘Ž  
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vote details (151)
@anagamidev ·
$0.16
Good post! :)
πŸ‘  , ,
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vote details (3)
@barvon ·
I have chosen you as my witness, but I see you are not so happy with my postings. 
can you explain it why? @gtg
πŸ‘  
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vote details (1)
@gtg ·
Thank you for your trust, however, those two things are not related, so _"but"_ does not fit here :-)
It is not that I am happy or not, I just didn't spot them before, so apparently not within my field of interest.
πŸ‘  , ,
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vote details (3)
@barvon ·
Can you prove that you are fit to be a witness to me.
if that was you, you can Upvote or Resteem my posting.
if you do that, I believe that you are real to me.
*thank you for your policy* @gtg
πŸ‘  
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vote details (1)
@busser ·
Is hard fork postponed again?
πŸ‘  
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vote details (1)
@gtg ·
HF17 date `Tue, 21 March 2017 15:00:00 UTC (11:00:00 EDT)` has passed already, so now it is up to witnesses and indirectly up to stakeholders. When / If majority would upgrade to `v0.17.0` then we would effectively have a Hard Fork (or not).
πŸ‘  
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vote details (1)
@busser ·
Thanks! So, the saga continues...
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@thecryptofiend · (edited)
$0.78
Thank you for keeping us updated.  

I personally hope we move forwards with HF17 - I can understand people's concerns but I think if the changes cause problems we can always refine them (or even change them back).

We are still pretty small right now which makes it the best time to try different things and iterate.

https://twitter.com/Soul_Eater_43/status/844516706097790976
πŸ‘  ,
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vote details (2)
@twitterbot ·
### ![Soul_Eater_43](https://pbs.twimg.com/profile_images/805075245556256769/_ASwqDjM_normal.jpg) **[The Cryptofiend](https://twitter.com/@Soul_Eater_43/status/844516706097790976)** tweeted @ 22 Mar 2017 - 11:50 UTC

> gtg [#witness](https://twitter.com/search?q=%23witness) [#log](https://twitter.com/search?q=%23log) β€” @Steemit [steemit.com/witness-catego…](https://t.co/ZPobeIWMx3)

[#blockhcain](https://twitter.com/search?q=%23blockhcain) [#cryptocurrency](https://twitter.com/search?q=%23cryptocurrency)


###### *Disclaimer: I am just a bot trying to be helpful.*
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@andilorenzo ·
Thanks for sharing.
Wish you all the best witness in steemit.
Steem on.!!
Good job, @gtg
πŸ‘  
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vote details (1)
@gtg ·
Thank you
πŸ‘  ,
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vote details (2)
@andilorenzo ·
You are welcome
πŸ‘  
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vote details (1)
@r2cornell ·
Thanks for your post.  I relatively new to Steemit and Steem so after hearing about this fork, post like yours, with links to more information, are extremely helpful.  Many resist change, yet to be successful change is necessary.  From what I have read Steem and Steemit are evolving, and until change is implemented we really do not know the end result.  I look forward to an interesting ride!
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@gtg ·
Well, I would not say "resist", in most cases those are doubts or (sometimes valid) concerns like I have myself. In the end it is just simple calculation of pros vs cons.
πŸ‘  
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vote details (1)
@r2cornell ·
I hear you on that one.  Thanks
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@barrydutton ·
$0.83
I see your posts the odd time, I was sure I followed you long long  ago.... you must have been dumped off my list w the last major fork changes like 150 others lol

Followed.

I have always tried to put out good content daily on here and build community. 

###  Have a good day.
πŸ‘  
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vote details (1)
@gtg ·
```
  "running_version": "0.17.1",
  "hardfork_version_vote": "0.17.0",
  "hardfork_time_vote": "2017-03-21T15:00:00"
```
πŸ‘  
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vote details (1)
@abdullar ·
thanks for your continuous efforts for steem.... followed....^^
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@hannstone ·
Following
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@matthewthonyit ·
@gtg, I found this article on your post a year ago and I really found it interesting to me so I said good job, thanks for sharing this a year back. I would love to resteemed and let others read as well. Good Content is not for just a person, there is love in sharing. 


#resteemed 

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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