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RE: Hive Scaling vs Bitcoin

in LeoFinance4 years ago (edited)

That is an extremely likely scenario.

When the RC system came into place we had to artificially give everyone x10 the number of RCs just so people could continue using the system. There's a very high chance that once blocks fill up that x10 bonus is going to go away and everything will cost x10 more RCs... maybe more. It all depends on supply/demand to use the system.

The problem actually gets exponentially worse once RC pools come into effect and RCs are worth real money instead of rounded to zero value. Then all the whales on Hive will pop out of nowhere and start selling their bandwidth... which will exponentially drive up the prices of RCs once again.

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Oh err. 😱

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