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RE: Steemit account creation: why is SP required?

in #steemit6 years ago

The amount of Steempower you have dictates how much Resource Credits or RC's (votes, comments, Steem monsters games) you can use on the blockchain.

If you could transact without SP the amount of SPAM would be enormous putting tremendous strain on the blockchain (adding many more transactions).

RC's limit this SPAM.

Basically: If you want to transact more on the Steem blockchain you will need more Steempower.

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That is a concern for sure.

Yet perhaps even that can be managed - as in, at zero you get 3 posts/comments a day or some such. What to post more? Get yourself some STEEM.

I think this sort of policy is certainly something we need to consider.

I'm glad you say that because that is already the case!

Steem is the only Freemium blockchain in the blockchain space where you can transact without having the token itself. Yet, it is very limited. (A couple of upvotes or a comment before you run out.) After that you need SP.

Pretty cool right!

But do we allow Steemit account creation without STEEM?

To be honest with you, I am a little concerned by the fact that for what feels like eternity (a few months at least) it seems like we are stuck at a little under 1.2 million accounts and not growing.

No, it will cause the same Spam problem. Accounts will be massively farmed when they are free and then used to Spam the blockchain with the little RC's they have.

Or it will create a horrible user experience where new users run out of RC's rather quickly and they have to buy STEEM.

I much prefer:

With initiatives like Steem Monsters (account creation + Starterpack) or steem ninja accounts are created the smart way with FIAT. It's also instant and you get a little delegation so you don't run into RC problems.

I believe the reason we are not growing has more to do with the price of STEEM then anything else imho.

The blockchain will explode when the markets turn.

One point I can't agree with you on is that the low price of STEEM is a significant cause of the current slowdown. If anything, given how cheap STEEM is, if I were interested in joining the community now I would be more likely to shell out the cash to get me some STEEM at 0.27 USD than I would at 3 USD.

Otherwise, you may be right - we may indeed need to maintain some barrier to entry to prevent Spam abuse. But that barrier to entry should not be too high, obviously.

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