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RE: Hive Scaling vs Bitcoin

in LeoFinance • 4 years ago

RC prices scale due to usage, you can check out the prices here: https://beempy.com/resource_costs.

Right now its insanely cheap to do most things. But as more and more people interact with the chain, the cost of doing certain actions will go up as more and more of that action is done(if people are doing a lot of custom_json actions, the cost of that goes up).

Now a good thing is that we are getting RC pools and RC delegations in the future to help with this. Still beats paying liquid for transactions though.

4 years ago in LeoFinance by
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     4 years ago  

    Still beats paying liquid for transactions though.

    It certainly seems so.

    the cost of doing certain actions will go up as more and more of that action is done

    I had never considered this before now the transactions on Hive are free narrative gets pushed so much.

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       4 years ago  

      Yea, the recharging part is what makes it truly free. If RC didn't recharge it'd be like any other chain.

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       4 years ago  

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