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Witness Update #2 - Hard Fork 1 / Claimed Whalestake / MIDAS

jepu8 months ago3 min read


Node Update

My witness node is still producing blocks and is doing exceptionally well only missing one block since the last state of the witnesses by @bushkill-witness.

I have plans in both upgrading my witness node and purchasing a backup server in the near future as suggested by other witnesses.

I would also like to express my deepest thanks to everyone who has voted for me as Witness. I promise to not waste your votes!

Hard Fork 1

September 1st is approaching fast and in line with this the development team has release v0.2.5 . This version will be the last update before September 1. This update includes the things that the development team wanted to included before September 1.

v0.2.5 includes
  • Content Reward Term Extended to 14 Days (previously was set to 7days)
  • MANA Use Rate for Rewarding set at 2% (Every time you reward someone you use up 2% MANA, MANA recharges 20% each day)
  • 3X MANA Equivalent for Self-Rewarding Comments (Self rewarding your comments costs 3x MANA, same with flagging)
  • Rewards Pool Unlocked

You can find the detailed post on the changes to v0.2.5 here.


Claimed Whalestake

I am so excited to announce that I finally claimed my Whalestake (such a smooth and easy process by the way, props to the dev team!). During the snapshot I was probably holding around 6000+ Whaleshares, which was all earned from community works. With 6000+ Whaleshares I was able to get roughly around 50000+ Whalestake.

Why am I excited?

Because I can finally give back to the community! Back on Steemit I didn't have much power which made my upvote very unnoticeable, but on Whaleshares I can finally reward people for their hard work. This is also the main reason why I ran for Witness as well, because without the community Whaleshares would not be where it is today!



Since I have around 50K Whalestake which in my opinion is enough to be able to help out people, I will also be making my own WhaleToken named MIDAS.

Why Midas?

Midas was a legendary king of Phrygia (in modern-day Turkey). In return for a good deed, he was granted one wish by the god Dionysus, and asked for the power to turn everything he touched into gold.

I initially wanted to name the WhaleToken as "Midas Touch", but realized it was a bit long so just used "Midas" instead.

Who can useMidas?

I wanted to be able to help out people from all around the world which is why Midas will not be limited to a specific niche.

When can we use Midas?

I will still be working out a few more details about Midas before I actually want to launch the WhaleToken. I'll update everyone once I've been able to finalize everything.


If you think I deserve your vote, please head over to the Witness page and click on the (^) right next to my name "jepu".

As always thanks for reading and see you in the next one,



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