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     3 years ago  

    read my blog, Dissect it yourself (DIY) - Hive Whitepaper - Resource Credits

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       3 years ago  

      The amount of Hive Power in your account determines your resource credits. You need resources to publish. They added this because spammers were creating new accounts and showering the blockchain with spam messages and phishing attempts.

      Hiveblocks is a block chain explorer. This is your page.

      https://hiveblocks.com/@wjbeaver

      The page shows that your account has 0 HP, and you only have enough Resource Credits to write two comments. The RC regenerates in a 5 day period.

      Sadly, this info is buried in the white paper and there is no way that a new user would know this.

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         3 years ago  

        "There's no such thing as a free lunch."

        That adage is true on Hive as well.

        Resource Credits-- RC-- is what we need to do anything on Hive. Because it gets regenerated daily, RC is also known as "mana" in some places.

        When Hive Power is at a decent level (say, 3 HP), the use of RC doesn't feel bad. When HP is low-- as it would be for a new Hiver-- your RCs can get wiped out with just 2 posts. Since each day adds 20% to the RC count, it could be a couple of days before submitting 1 more post.

        Based on my experience as a new Hiver, 1 post consumes roughly 20% of the RCs each of us is alloted. I use the word "roughly" because some situations can require far more than that 20%.

        The way to get out of RC Jail is to acquire more HP.

        • If you do nothing except engage with the community as best as you can given the resources you have, it can take a long time to get a decent amount of HP. As long as you earn from your engagement on Hive, you'll get out of RC Jail eventually. The more you post/comment/reply, the sooner you will get out of RC Jail.

        • Using the Giftgiver Faucet lets you claim 0.003 HIVE and 0.002 HP each time you visit the faucet. You can visit Giftgiver Faucet as many times as you want, but the wait between visits is 1 hour. 0.002 HP doesn't sound like much on its own, but it beats the 0.00 we have when we're ou of RC. Over time, each 0.002 HP adds up, and that's what will help you get out of RC Jail.

        • Receive Delegated HP from Giftgiver. You'll be delegated approximately 15 HP to use over 7 days. The 15 HP is a variable amount dependent on market conditions; it can be higher or lower. What matters is that with that delegated HP you'll be able to post like there's no tomorrow (or at least make much more than 2 posts). After 7 days the delegated HP is gone.

        More engagement means more opportunities to earn HP. More HP means more options are available to contribute to Hive and to earn from Hive. After a while, stays in RC Jail become shorter. Eventually, RC Jail will be a thing of the past.

        That's been my experience. I hope this information helps!

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