RE: Core development report #14: RC DELEGATIONS ARE DONE

[howo]

What’s the possibility of being able to transfer Account Creation Tokens?

There were a bunch of talks regarding that, the main problem about it is that if right now account creation tokens are scarce it's because they cost a lot to create, but if we allow their transfer, it would become valuable and everyone would try to claim them, making their price skyrocket which would have the opposite effect (even less free accounts)

Comments

[splatts]

Why does their price in RC’s have to skyrocket? I imagine it’s to prevent people from creating 10,000 accounts and farming Hive🤔 If there is no financial incentive for trading the token, how do they become valuable?? The onboarding front ends need them and Hive users have 1,000’s just sitting collecting dust. Turning people away due to lack of ACT’s doesn’t look good is all I am getting at.
Thanks for the response.
!PIZZA
!BEER

[howo]

Why does their price in RC’s have to skyrocket?

Because everyone will be claiming them to sell them, the more an operation is used, the more it costs.

If there is no financial incentive for trading the token, how do they become valuable??

offer /demand: there is an incentive for people to acquire tokens from others, it creates a market.

Turning people away due to lack of ACT’s doesn’t look good is all I am getting at

yeah I agree, there could be a middle ground like allowing transfer but with some cost like burning hive or with a bit timeout

[ackza]

once you can delegate RC, we will have RC Cola delegation market on @dlease or whatever, and then people will just buy RCs to create the free accounts earning the account creation tokens, maybe it will be cheaper than 3 hive.

Now we have to figure out how to scale hive main net to 100M and then first billion accounts without having to make 1000 different regional forks all linked up.

Hive cannot even make more than X amount of accounts right now, can we? Theres not enough Rcs or Hive is there? so whats the plan to actually scale hive. thats why its not very valuable as a token yet, the world knows we cant scale yet or we would be using tip bots to start airdropping hive engine tokens to every twitter account at the same time with a signup link to get them to signup, but theres not enough RCs for this or hive. whose gonna pay?

am i wrong in noticing the bottleneck dolphin ?