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RE: STEEM Is Going To Go Insane!!! There Is A Major Supply Problem

in #busy7 years ago (edited)

My point is that unless you can create proven value, nobody is going to pay high “entry fees” to be capable to operate.

RocksDB is challenged in mseveral points already. It’s a long overdue focus but at the same time several have highlighted already that it does away with other benefits inherent to graphene tech. RocksDB should also not change the economics of the RC model. That would be the biggest clusterfrak yet by STINC if.

It’s just forgotten nowadays that we operate at 10x RC.

At the same time, 5 million users [at current cost] is 150m STEEM burnt.

PS: RCs will operate from “delegated pools”, so more likely than not be available to dApps. AFAIK there is no user-to-user RC delegation model yet. Also... right now all that is vaporware.

We would have received the initial SMT testnet December 2017 (as per Ned in SMT Telegram). We will eventually receive “something someday” but while before nobody knew what, now we know even less.

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