WHAT IS A WITNESS FOR?

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WHAT IS A WITNESS FOR?

Oh boy, that is such a giant question. What is a Witness for?

There is a lot going on, a lot behind the sences. A lot of talk and a lot or arguing. Here is my take.

To put it simply the basics of a Witness is to produce and sign blocks to keep the blockchain secure.

That is it. Simple. And on Hive, Witnesses get rewared in Hive tokens for doing so.

Where it becomes complecated is what ELSE people believe witnesses should be doing to give back to the blockchain. And for as many people as there are on Hive that is about how many ideas and opions there are.

I try and stay out of the drama, just because I am not a drama person. All I can tell you is what I am doing as a Witness. Why I believe I am different as a Witness and hope you understand me and what I am doing.

I could be wrong, and this is not a bribe, but I believe I am the only witness that is giving back to Hivers that support my project. I give back with my DripDay. I have been doing this for over 4 years now, funded mostly by me.

Why would I fund personally giving back? Because I am building a business here on Hive. And when you build a buisness you have to invest. I hoped that my plan, my mission statement would bring me into profit. And I am 99 percent of the way of being in profit.

I will be taking a profit as we move forward. But if The BBH Project earnings grown, through the different income streams including the witness then the weekly drip day will get bigger. The more the project earns the more that goes back to people supporting it.

And I don't thing there is anything wrong with that. Do you?

Drop your thoughts in a comment.

WHAT BING IN THE TOP 20 WITNESS CAN DO FOR YOU.

"My MISSION STATEMENT is below. The plan is to make BBH the most profitable income token on Hive. And how can I/WE do that?

I am paying 40 swap.hive to BBH holders a week now. A witness offers the opertunity to increase that big time. If we can get into the top 20 witnesses I can easily start payong out 2,000 to 2,500 swap hive a week.

Yes you read the correctly.

That is one reason to vote for my witness.
Another reason is my dedication. I joined the blockchaing 1937 days ago. I have been active everyday with the @bradleyarrow acount. I have published a long form everyone of those days. Through hell and high water, including the day day my wife died.

You want someone that 100 percent believes in Hive and is this dedicated, that is another reason everyone should be supporting my witness."

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EASY VOTE LINK

MISSION STATEMENT

Make BBH the most profitable income token on Hive for its holders.

BBH INCEPTION - 25TH NOV 2020

BBH RELEASE PRICE TODAY 0.00337 HIVE

WITNESS UPDATE FOR THE 11TH DEC 2024

This is where we currenly are:

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79 awesome fracking sauce days as a witness we managed to get into 63th place. What a battle this is. Up to 317 supporters. 317 supporters, did you read that. That is Awesome Fracking Sauce. Nothing wrong with that. But I want more, I want to keep growing fast, moving up the charts fast. Business mindset people.. Now the hard part begins. Getting the word out to more people.

I know we will keep moving up the charts. The higher we are, the more Hive income there is, and the higher Drip Day payouts will get. Remember that. That is what is important.

Today we are in 63th place. Here is where we are at today. 8,131,816 Hp in support. Yesterday we where at 8,116,602 in support. To get into 62nd place we need another 243,192 in support. We need alot of little or some big support to come in. Tell the world.

BPUD - THE BBH PROJECT TRIBE POWER UP DAY

The BBHO power up day is going to be the 20th of every month. The same as Cent is on the 10th and Leo for LPUD is on the 15th. Requirments will be only 100 BBHO to power up. And a blog post telling everyone you have powered up. Including my username and the BPUD and BBH tags. Below you will see a pic of a hat, that will be one prize.

BPUD will be from me:

1 The BBH Project ball hat
2000 Leo Delegation for one month.
1000 BBH give away.
1000 BBH give away from @beststart
3 HSBI give away from @cryptounicorn420
300 HIVE Delegation for on month from @heruvim1978

TOKENOMICS:

21 Million BBHO tokens.
2880 tokens released a day. That would be 20 years.
Will be following BTC halfing. When BTC halves, so will this reward pool.

Incase anyone was wondering

DRIP DAY

Saturdays are Drip Day. That means it is/was drip day. Now if you are not a regular reader of mine you are wondering what is drip day.

I run a income token and tipping bot all in one. The token is BBH. Every Saturday I payout the people holding BBH tokens. Passive income if you like. I like to call it a 'drip' of a token(s) to the people that own BBH tokens. And unlike some all you have to do is own it. No staking, no nothing.

If you own 10 or more BBH tokens you got a drip of swap.hive. If you own 5,000 or more BBH tokens you got a drip of swap.hive and the Alive token, and CTP Tokens. If you own 10,000 or more BBH tokens you got a drip of swap.hive, Alive, CTP, and $LEO tokens.

All just for owning BBH. There are two ways you can get BBH. First you can buy them from the open market. I use TribalDex myself.

Or they can be tipped to you. The great part about BBH tipping is that when you tip a token to someone else you do not loose any of your own. There is a central pool that supplies them.

And a third way to get BBH would be people gift them to you. There was an update to the tipping bot. If you now tip 1 BBH you get 1 BBH also. How facking awesome is that.

And now a forth way to get BBH with the BBH Miner.

TIPPING

In a 24 hour period, reset at new day UTC. There are currently five levels of tipping.

Level 1 = 1000 BBH holdings = 1 tip per day you can send
Level 2 = 5000 BBH holdings = 5 tips per day you can send
Level 3 = 20000 BBH holdings = 20 tips per day you can send
Level 4 = 50000 BBH holdings = 50 tips per day you can send
Level 5 = 100,000 BBH holdings = 100 tips per day you can send

The tipping command is !BBH

Bradley

Posted using The BBH Project

bbh inleo ctp cent neoxian aliveandthriving witness bitcoin drip tip
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16 comments
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Let's push this up 🚀 !BBH !LOLZ

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I guess any PR is good PR right? We will see what comes out from this but its good that its being discussed.

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Hello @bradleyarrow, I don't want to spoil the fun here...

But this method of gaining votes is ultimately a very bad idea and always ends the same way. I’d highly recommend reading @anyx’s post How Vote Incentivization Degrades Delegated Proof of Stake, It’s 6+ years old, which tells you this isn’t a new topic (and no, you’re not the first, the only, or the last to offer such incentives, but again: it’s the wrong path to take).

My advice? Focus on your witness operations. That’s the real value people are voting for when they support your witness. If you’re building a business here, earning trust because you can deliver, not because you’re paying for it, should be your ultimate goal.

Hive thrives on trust, reliability, and actual contributions. Good luck.

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I agree with what you said. But in my view I am not paying people to vote for me.
I am giving people an incentive to come to The BBH Project. To use my front end of my tribe. To invest in my income token BBH, giving them a reason to stake the BBHO token.

What does "focus on your witness operations" really mean?

I been on the block chain myself for 5 years and 4 month, I have never missed a day her. I have earned much trust among many people because I do deliver.

I don't understand why people have a problem with the fact that I want to give back to people. It is not a bribe, it is not paying people to support me. It is mutual support.

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I understand that you might feel that way, but think it’s worth considering how this approach might be perceived, and the unintended consequences it could have for the ecosystem as a whole. When incentives are tied to voting, even indirectly, it can create a dynamic where votes are valued for the wrong reasons. Over time, this erodes the integrity of the governance system, which is meant to prioritize network security, reliability, and trustworthiness above all else.

What does "focus on your witness operations" really mean?

Witness rewards aren't really high. And I'm saying it as a consensus witness. At some point once you are higher in the ranks it's like a full time job if you want to do it properly. You do it either yourself or you hire people to assist you. You need to be aware of what's going on with the code in the upcoming changes, choose whether to support them, make sure your upgrades go smoothly, preferably run a node in a mirrornet, a public seed node for a mainnet, maybe a full API node so the startup projects doesn't have to run their own, of course have a backup nodes, monitoring services, test environments.

If witness earnings are being shared or redirected, it’s always at the expense of these critical operations.

And of course - up to you :-)

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Thank you for further expanding for me. I do take and consider all advice given to me by everyone on HIve. So once again, thank you :)

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