I've done the math myself ;)
All we need is mass adaption...
With 1 mil people on the chain if everyone want's to be able go communicate they will need at least 10Hp that's 10 mil Hive out of the markets, if we have 10 mil people...
I guess you can do the math...
And at the current price will cost $2,2 a person to join and start blogging and so on...
But of course if we have 10m people what to buy there is no way we stay at this price ;)
It depends upon the amount of activity.
Frankly, 10 HP isnt enough to do a lot when you think about things. The new application from Leofinance is going to require at least 25 and more likely 50 HP at a minimum for people who want to do a lot.
With only 125 million on exchanges, that is going to lead to a liquidity crisis at some point down the road.
Posted Using LeoFinance Beta
yes. we did not have the opportunity to test out the RC system when the heavy load is on. i am sure there are some calculations on it, but i did not see it.
on the old system, with 15 hive (steem) i was kinda limited on 10-15 comments a day (if i remember correctly). And that was the period of most activity.
Think about it this way: 10-15 tweets/comments a day is not a heavy users.
Thus why I feel more like 50 HP is going to be required.
Posted Using LeoFinance Beta
yes i agree because i was hitting that limit when i started 3 years ago. it is not enough even for hive/leo use case on a normal day. for the blank it will for sure not be enough.
i was just saying that i am not sure how RC system will react on heavy load. because 3 years ago (if i am not mistaken) we were on something similar but different :D
good thing is that all of those users can earn hive and power up, so after few weeks they will have less limitations.
That is very true. We should see many earning a bit of HIVE which they can then use for more resource credits.
If this blockchain expects to expand, it will need some type of way to give people the opportunity to interact.
Posted Using LeoFinance Beta
Absolutely agree ☑️
Nice manth man, time! Is just about time
Yep, the user base is all we need.