Proposal to Launch @sportswitness for Hive Engine Witness

account = "sports-gov"

nodelist = NodeList()
nodelist.update_nodes()
nodes = nodelist.get_nodes(hive=True)
hive = Hive(node=nodes)


def transfer_token(to, amount, symbol, memo, account):
    he_wallet = Wallet(account, blockchain_instance=hive)
    transfer_tx = he_wallet.transfer(to, amount, symbol, memo)
    time.sleep(1)
    c = Comment(loaded_post, steem_instance=hive)
    c.reply(str(transfer_tx), "stake_tx", account)


transfer_token("patrickulrich", 533333, "SPORTS", "sportswitness proposal", account)

!end

Hive Engine has recently launched a peer to peer consensus layer to help secure the ecosystem upon which SPORTS is built. This new system allows us to validate that the data being stored isn't corrupted or falsified in any manner.

This proposal is aimed at launching our own witness for the Hive Engine second layer under the @sportswitness account. Using that account I will operate a HE witness node using a VPS provided by Privex. The witness account will be added to the @sports-gov management system so that the community can decided how any rewards earned from our witness node gets spent using the existing proposal system.

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The Proposal

I would like to operate the @sportswitness as a node to validate the data for the Hive Engine 2nd layer on behalf of the SPORTS community. This node will be run on a 24/7 available server hosted in Sweden and will help to ensure that the transactions published on the network are valid. This proposal will fund running this node for 2 months.

Hive Engine witnesses are allocated 100,000 BEE each year for securing the network. Since this witness would be backed by the community I would like to set the @sportswitness account to be managed by @sports-gov to manage any earnings that might be gained from running the node. This will allow anyone to create a proposal and spend/send any of the witness earnings back into the SPORTS ecosystem.

This proposal is more of an introductory test for adopting this into our tribe. I've only reserved two months of delegation and have already paid for two months of hosting from Privex with plans to do a second proposal for the witness node after a few weeks of it being available. I figure that gives us an opportunity to test the witness waters while still being flexible enough to go in other directions if for any reason there's less value for the community than they'd like to see.

Note: This is not for running a Hive witness node. This is for running a witness on the Hive Engine second layer. If this project is successful and there's community interest I would be willing to look at expanding this to a Hive witness for future proposals.

The Costs

image.png

There are only a couple of costs associated with running a Hive Engine witness node that I've detailed below. In total it will cost roughly $25 or 533,333 SPORTS for two months of operating the witness node.

Privex Server (333,333 SPORTS)

The software requires at least 2 processing cores, 4gb of RAM and 30GB of SSD space available. Privex offers this server for $10 a month.

Hive Power Delegation (100,000 SPORTS)

According to existing witness reports, a Hive Engine witness account should have at least 1,000 HP to provide enough resource credits for the functions needed. I was able to purchase a dlease for 8 weeks at 28 Hive.

Proposal Refund (100,000 SPORTS)

I would like to add 100,000 SPORTS as a refund for this proposal cost.

Benefits to SPORTS

The biggest benefit to stakeholders is the added decentralization to the Hive Engine ecosystem. While this node doesn't give us any added benefits beyond the existing 2nd layer deployment it does however give us an in house system to valid the Hive Engine data integrity.

Additionally there is the potential of witness earnings from the node. I don't anticipate these to recoup the cost of running the node but since the payment is being sent to me I can assure you that I plan to power up my earnings and keep them off the market.

How to Vote

@sports-gov will reply to this post with two comments. If you'd like to see this proposal pass then upvote the YES comment with any % upvote.

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If you would not like to see that these changes implemented then please upvote the NO comment with any % upvote.

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Sort:  

YES

Upvote here to support the proposal, any % upvote will trigger 100% GP support.
All rewards from this comment go to the governance fund

I support this proposal because decentralization of Hive Engine is a good idea. With Sports running as a HE witness, we will also have snapshots of everyone's SPORTS token amounts incase anything happens.

Thanks for supporting it! I think there's value of running this even if it was a full loss on returns.

I really wish you best of luck in this endeavor. It's a very good.

I actually thought all tribes owners are automatically Second layer Hive engine witness owners since it concerns them so deep.

This is a very good thing.

I think it makes a ton of sense for tribes to run this. Hive Engine has been excellent about keeping things fairly transparent but decentralization is something we should all strive for.

I support.

Voted. All the best, @patrickulrich

Thanks for the support @fun.sports! It looks like we're going to have enough to pass this one.

I support the proposal but I suggest you don't try at all cost to be in top witnesses. Especially not buy additional miners. The costs / return of workerbees are not worth it I believe.

Yeah I will likely end up buying a lot more WORKERBEE but in 6-12 months when the price gets more reasonable. Probably not the best investment based on the lower BEE production but if @sportswitness is still going I'd love to get closer to whatever the top spots are by then.

I will likely end up buying a lot more WORKERBEE but in 6-12 months

That is a good idea :-). When I see that a total of 100K BEE's is planned for the witnesses for a whole year, it seems quite little to me when I look at the price of workerbees at the moment.

me too

I just voted thanks for the amazing proposal

Thanks for the support and we look to pass!

I vote yes.

Thanks for the support! It should be a pass when it closes out.

Loading...

I forgot to add that this witness is active now and ready to accept your votes for witness. The easiest way to vote is through TribalDex using the Hive Keychain extension.

https://tribaldex.com/witnesses

Upvoted with "Yes". I was looking HE witness 2-3 days ago, I found it also but since that account do not have any intro post, I skipped it. Will vote for it now.

Thank you for the support! I didn't want to announce it until it was approved by the community as something they'd want. As soon as this proposal passes I'll send out an announcement post from @sportswitness and then reblog from @sportstalksocial.

Hello, Patrick.

I voted for this witness even before I read the post here :)

I also upvoted the YES comment above, seconds ago.

I have two things to ask:

  • could you please update the witness node to v1.2.0?
  • could you please reciprocate my witness vote and vote for my witness too?

Thank you on both accounts.

Here is my official Hive-Engine witness application -> https://ecency.com/hive-167922/@ervin-lemark/hive-engine-witness-application

Everybody, have a great weekend.

Thank you for the votes :)

Its on my todo list to get it to 1.2 today. I'm going to look at doing it on stream to just document how it works. I actually just noticed yesterday there was version listings showing on tribaldex and that we were behind.

I'll be happy to give a vote from my account. Right now @sportstalksocial's proposal system doesn't work for HE Witness votes nor does it have any WORKERBEE yet but if that ever changes I'll be happy to sponsor a proposal to get it voting for you there too. 💪

Have a great weekend!

Thanks a lot and good for updating the node. Do you follow the witnesses channel at the Engine discord?

You can reach me at ervin-lemark#0697 and I'll give you an invite.

Have a great weekend.

Yeah I'm in there but didn't see it. Have a great week now! :)

Because it is an invite-only channel :)

Thanks, you too.

!invest_vote

@ervin-lemark denkt du hast ein Vote durch @investinthefutur verdient!
@ervin-lemark thinks you have earned a vote of @investinthefutur !

Glad to see this proposal successfully pass. More to come. Congratulations to us. I see the unfolding of a new SPORTSTALKSOCIAL Community. DOn't dump your SPORTS for a penny.

Congrats you were upvoted from this acount because you are in Top 25 engagers on Sportstalksocial .
You made a total of 12 comments and talked to 9 different authors .
For more details about this project please read here - link to announcement post
You can also delegate and get weekly payouts.

Thank you. That's interesting that I earned some much tokens for engagement. I'll start with 1 million delegation by morrow to your curation account.

Lots of things are happening all at once now a days. The advances happening within Hive Engine ecosystem are amazing and will introduce us to many new faces. I'm excited for the opportunity to show them what we're all about!

Thanks a lot for all the effort you put in the community @patrickulrich.
I'm trying to manage my time better to be able to give more to SPS.

I appreciate teh support and look forward to having you deeper in the tribe!

@patrickulrich any idea that will bring an awesome decentralization to the hive blockchain is a welcome development....I think we should all reblog your post so that more people will be aware of the witness voting and so that everything will be successful....great job sir...

I appreciate the support @havevo! Thanks for sharing

Supporting this proposal. I hope it all works out.

Thank you for the support @arsenal4life! It looks like it is set to pass.

Awesome.

NO

Upvote here to STOP the proposal, any % upvote will trigger 100% GP support.
All rewards from this comment go to the governance fund

Great news, supported, voted :)

Thanks for the support @cocukgelisimi!

I completely support this proposal :) Good luck . Will upvote soon.

Thank you for the support @amr008!

{'expiration': '2021-02-17T09:02:51', 'ref_block_num': 25222, 'ref_block_prefix': 638454170, 'operations': [['custom_json', {'required_auths': ['sports-gov'], 'required_posting_auths': [], 'id': 'ssc-mainnet-hive', 'json': '{"contractName":"tokens","contractAction":"transfer","contractPayload":{"symbol":"SPORTS","to":"patrickulrich","quantity":"533333.000","memo":"sportswitness proposal"}}'}]], 'extensions': [], 'signatures': ['1f7f315519a75b91829bd4b200b48f06994b7e804370eae22021b056a43ba056615640773f3e78ebd222f37778c17c99ca8bf2a2abdb17609513096c798ed194dd'], 'trx_id': '271ec914580fa012ec13658226f0055a1d827750'}

A very good development, I'm in total support, goes a long way helping the decentralized sportstalksocial community