You are viewing a single comment's thread from:

RE: Steem Basics: Resource Credit System for Beginners

in #steem5 years ago

Steem’s Resource Credit system is a state-of-the-art, market-based system, which ensures that the amount of resources consumed by users is sustainable and scalable by requiring that those who consume the most resources have the most skin-in-the-game.

Maybe you could explain if say a company like Amway told new distributors that most of the resources available would first go to those with the most skin in the game and how long you think most those new distributors would stick around against those odds?

Furthermore with the RC going to those with most the skin in the game this has essentially become a "centralized" not decentralized platform, though it never was decentralized to begin with because its the power players at the top making all the decisions.

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.032
BTC 63585.64
ETH 3035.86
USDT 1.00
SBD 3.84