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RE: Steem Blockchain Account Creation Fee

in #witness-category6 years ago

The delegation amount is optional, the 30x is recommended for a comfortable experience. You can create an account with a delegation of 1 SP, 100 SP or more. Steemit used to create accounts with 30 SP delegation, whether the minimal fee was 0.1 or 0.2 STEEM. But since the on-boarding has been increasing they slashed that in half: new accounts are getting 15 SP delegated. Furthermore, they're reducing the delegations for old accounts, depending on the total SP; for example, if the user accumulated 5 SP, they would re-delegate 10 SP, to keep a total of 15 SP.

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Right, that makes sense, I just hope they don't automatically start delegating ~30 SP when/if the fee changes.

They won't, they're running low on their own SP every time they create accounts. The whole purpose of HF20 was to move away from that model to a better (cheaper) alternative that would allow more accounts.

https://steemit.com/steemit/@steemitblog/proposing-hardfork-0-20-0-velocity

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