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RE: Don't Worry... Re: Hard Fork 20, They Will Fix It One Way Or Another

in #busy7 years ago (edited)

I wouldn’t expect end users to jump through hoops to purchase delegated RCs, but I would expect businesses on the chain to do so. A business like Steem Monsters may choose to buy RCs to make it so that actions done in their markets & tournaments don’t deduct from the end user but from the platform instead. If Steem Monsters uses a lot of infrastructure writing details of card collections & tournaments into the blockchain, delegation will allow them to foot the bill for that, build it into their pack prices, and create a seamless experience for their end users.

It’s kind of like how certain cell phone carriers will partner with music or video streaming services that don’t count toward your monthly GB data allowance. They’re footing the bill to give a customer perk.

Either way the network costs need paid. The biggest question asked about Steem is, “Where does the money come from?” and it comes from us. Facebook is going to pick up the server tab for all your actions because it has a business model that is built into. I envision many applications and businesses picking up the RC tab for their users in much the same way; but of course users here can stockpile their own resources over time, be self sufficient, and are bound to no single application.

But all that is big business conjecture. I still believe all that bandwidth wasn’t shunted into the hands of the elite, the new RC system is simply feeling out available resources vs. transaction volume. I think a normal user experience with minimal SP will be reached in the coming days.

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thank you for your time and for your explanations. I understand and appreciate your point of view!

Thanks for the conversation! It’s a little quiet on Steem right now for some reason! 😂
I enjoy thinking theoretically about the application of changes like this, SMTs, etc. Its a mind bending future to try to predict, but fun!
I think I have a more relaxed attitude just from being around a bit longer. I used to be able to look at every single post made, and there was no option to follow people! I’ve been through the hard fork that changed the rewards curve and inadvertently “drained the rewards pool.” People didn’t earn rewards for a month, so this hiccup in bandwidth and voting power seems less consequential.

People who just kept doing their thing during the “great reward drought” did best. They continued to build audiences, polished their skills, and reap the benefits to this day, outperforming peers who gave up out of frustration & later came back, or consciously stopped posting for a month because there was no immediate monetary reward. That’s a lesson I carry into this post HF20 environment for sure.

I get that last point for sure... I'm not even complaining for myself btw... I have enough RC to do what I need... But there are many many of my friends that don't, so those are the people I'm hoping they address and fix... It looks like they are putting a patch to at least up the amount by 10x... that should at least take some people off the do not do anything list! I'm happy to at least see some response!

Thank you for the nice conversation and yes had it not been for this slow time, I might never have carried on this pleasant conversation with you! Nice to meet you and again thank you for your interesting insights and perspective!

I was happy to see the patch notes posted as well. At least it's a tourniquet if not a full fix!