Main > Stakeholder Proposals
[Witness Proposal] neoreel-1 - Montreal (East-Coast USA-Canada)
R:
--- Quote from: NeoReel on January 12, 2018, 12:32:40 am ---Since this thread mentions "Witness Proposal", your post tells me I've made a mistake by creating a worker proposal. Doesn't a new Witness need to be voted in using an initial Worker Proposal?
The docs I've read state that you need to make a Worker Proposal to Propose for a Witness Node:
"Workers are the "catch all" group where if you have an idea for something that could improve the network."
Can you point out how I can solve this? Do I only need to set up a Full Node and run it? I thought I needed to be voted in...
Please enlighten me!
Thanks,
--- End quote ---
Anyone can run a full node and offer it to the public, but this is an unpaid/unrewarded role.
Anyone can register to become a witness, you need voted in before you become an active witness securing the network and earning rewards. http://docs.bitshares.org/bitshares/tutorials/index.html#witness-tutorials
No worker proposal is required to run full nodes nor witness roles.
NeoReel:
Since this thread mentions "Witness Proposal", your post tells me I've made a mistake by creating a worker proposal. Doesn't a new Witness need to be voted in using an initial Worker Proposal?
The docs I've read state that you need to make a Worker Proposal to Propose for a Witness Node:
"Workers are the "catch all" group where if you have an idea for something that could improve the network."
Can you point out how I can solve this? Do I only need to set up a Full Node and run it? I thought I needed to be voted in...
Please enlighten me!
Thanks,
R:
Why a worker proposal? Not a witness?
NeoReel:
Well, the government is taking it seriously and is thinking about how to deal with it... It basically wants you to declare it as an income (and so you can also declare it as a loss), so you still have tax obligations. Nothing close to what's happening in China/Japan/Korea...
The AMF (Financial Authorities) are simply warning that it is "unsafe", volatile, and that you will not be protected. https://lautorite.qc.ca/en/general-public/investments/knowledgeable-investors/bitcoin-and-other-virtual-currencies/
The canadian government consider cryptos like an income or when used to pay for goods https://www.canada.ca/en/financial-consumer-agency/services/payment/digital-currency.html
Having that said, running a witness node will not be illegal in any ways, but the BTS salary and expenses will have to be declared as such.
ecslew:
You are welcome! Are there any legal issues involved in Canada!
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