When we talk about blockchain, there is a question about its viability and potential in the back of mind. But all doubts get clear when we have a look at the plenty of examples that show the practicality of blockchain. Here, in this blog post, we are going to discuss one of its practical implementation – Steem.
Steem is a liquid currency and possesses properties just like Bitcoin. Steem Blockchain made its way to social networks through SteemIt – a social media and blogging platform. Whenever a user participates on this platform with their valuable content, they get rewarded with Steem. Other cryptocurrencies in the Steemit social media network are Steem Power and Steem Dollars. Steem blockchain has democratized and decentralized the way social networks use to work.
The well-known terms of Steem blockchain are Steem Node and Witness Node. Let’s have a look at what these terms stand for and how seed node setup and steem witness setup are worked on.
A server is required to provide hosting. In Steem Blockchain, Seed Node is a server that is used for this purpose. It is required to “sync”, and download the latest blockchain data. If you don’t want to stay in the “first position” in the network then it is not required. But if you have it, the reliability in peer to peer network will be assured. Most people skip having a seed node setup as there is no incentive offered to run it. Rather, the user has to spend an extra amount to run the server.
For this reason, majorly the witnesses who are paid by the blockchain for their services as a witness, run the seed nodes. A node operator is responsible for configuring the list of seed nodes in their node’s configuration file. It is essential to have reliable seed nodes with low latency as it helps the node to stay up to date.
SteemIt, being a social media and blogging platform, serves on Steem blockchain. Steem blockchain generates blocks with the concept based on Delegated Proof of Stake (DPOS). In this concept, witnesses control the Steem Blockchain and Blocks. To ensure that these blocks are controlled well, the witness needs to be both trustworthy and reliable. Witness should be the one who works for the growth of the network instead of thinking about their personal gain. To find the blocks and control them, witnesses require a node that is popularly known as witness node.
For a witness node setup, perform the following steps:
- Prepare your server
- Install the dependencies
- Start the STEEM installation
- Configure the files
- Download the Blockchain
- Configure your witness account
- Complete the configuration and broadcast your intent
- Get Votes
However, the steps to setup steem witness and seed node might seem easy theoretically but it requires a great effort when they are tackled, practically. To accomplish it successfully, one requires expertise and in-depth knowledge about the nodes. Therefore, it is important that you get in touch with professionals like Steem Experts to take up this highly complex challenge. Contact us now as we are always ready to serve you well like our existing client base spread across the globe.