RE: HF20 Update: Restoring Continuity

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HF20 Update: Restoring Continuity

in steem •  6 years ago 

In the blog you mentioned mana and RC as a solution to double voting. Why didnt you just use delegated SP's with the receiving accounts SP in a weighted average manner relative to their stakes? I mean in the old system all transactions had 0 cost. It was free to interact now you pay...

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The old system had the same type of invisible bandwidth costs. Instead of Resource Credits, it was referred to as Bandwidth.

Sure but that was ample. Why not set all RC costs to 0 and drop the limitation 1 by 1. First for comments and see how many are supported tweak the RC. Add another parm. Why all at once?

I mean in the old system all transactions had 0 cost. It was free to interact now you pay...

That's simply wrong. There has always been a cost to transacting here, but most people didn't know about it. But minnows who used Steem during its most active state remembers bandwidth, because it also prevented them from using the blockchain too much. So not much has changed, except that "bandwidth" is not renamed to "Resource Credits", and the algorithm for distributing it has changed a lot.