RE: Steemit: The Anti-Social Network
It’s a massive innovation that an account with no holdings may transact ... More apps can now tap into the account creation process.
I definitely agree, and sorry if i glossed over that in my original comment. The RC system and discounted account creation system are a fantastic innovation and you and your team deserve a lot of credit for that.
My point is simply that, if new accounts aren't able to reasonably transact, then it doesn't really matter if more apps can tap into account creation because account creation isn't really what they are after, it's user activity and interaction.
In my opinion, a new account should be able to reasonably transact without additional SP or RC delegation. We, as a community, can decide what exactly constitutes being able to "reasonably transact", but I think most of us can agree that we currently do not meet that definition.
Correct me if I'm wrong here, but if the top witnesses were to increase the account creation fee, then that would increase the "minimum RCs based on account", right? So if we, as a community, agree that 15 SP worth of RCs allows a new account to "reasonably transact", then I think that's what the account creation fee should be set to.
Assuming that accounts created using a discounted account creation token would also have 15 SP worth of minimum RCs then I think this solves the problem. Apps can now tap into the account creation process using their invested SP and the accounts they create will have enough RC to reasonably transact without additional SP delegation.
Yeap I’m with you — now it’s time to iterate this functionality to greatness. Once delegated RCs are in play, the delegations can be much more liberal as there is no explicit economic loan (SP (voting power) delegation) that can be abused
I don't understand why people don't seem to understand this aspect of RCs. The system will allow the community and Dapps to be much more autonomous and be able to support their communities and, limit abuse heavily.
I haven't been this excited about Steems future since I started. The RC system is potentially brilliant once the delegations and infrastructure are in play. Good job mate.
I hope you are right. The part there that is missing for some people (like me) is the "once the delegations and infrastructure are in play"... Of course we all want to see the place succeed, so the sooner that happens the more we can all row the boat touting the wonders of Steem and Steemit too.
I am not technical but I think there is an order of business here where the RCs had to be implemented first to understand the costs of each transaction. Once that is known, developers all round can guesstimate their needs. I also think it gives time to collect account credits without as much distraction from other factors. I can't say if I am right but there is opportunity here for all.
Thank you for the further information and explanation. I am not technical either so no worries (ps... you sounded mighty technical to me) :)
And I will be super excited if they get the right balance... and I do like to see your enthusiasm, it can be infectious if they make the adjustments you suggested are coming!
Thanks again!
Wonderful suggestion mate, i am a fan. Good to see you up and running after the kidney stone surgery. Stay safe friend on the otherside.