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RE: The Need For Hive Power Is Going To Grow

in LeoFinance2 years ago

More and more applications which is what I love seeing. Hive is one of the few chains right now developing at a rather good pace in this so called "bear market" or "crypto winter".

The tricks going to be onboarding new people and how we deal with that. Resource credits need to be clearly explained or the application that's onboarding people needs to figure out a way to delegate enough resources to valid accounts and then keep tabs on them. Things like removing the delegation of that person has earned enough on their own or is inactive for a period of time. Also a way to buy hive and stake it easily while understanding what that means.

I have a feeling a delegation system is going to be needed at first which means applications are going to need a rather robust supply of hive powered up.

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I have a feeling an application like Leofinance will build a bot that handles that. So if there are parameters met, like a certain amount of RC reached through powering up of Hive or inactivity, the RC delegation will be taken.

But yes, the development is really going to cause a thirst for RCs. I feel the microblogging is going to cause a great need. Even that alone, with some decent numbers, will equate to a push for more $HIVE being powered up.

We will see the existing RCs (from HP) delegated out and then it will fall to buy demand.

Couple this with growth in other areas and things could get tight very quickly.

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