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RE: We Are Going To Need A Lot More HBD

in LeoFinance3 years ago (edited)

Resource credits have their own pool, and the RC "price" needed to perform operations on the adjusts dynamically. If the supply of HIVE/HP were to contract a lot, it is entirely possible that 1 HP could be enough RC for a lot of activity.

Likewise witnesses can adjust the fee for new accounts. It was 100 STEEM at one point. We could adjust it to 0.01 HIVE if that made sense.

I don't think converting HIVE to HBD is problematic in any way. Finally, as the price of HIVE goes up, less needs to be converted to create a given amount of HBD.

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Thanks for the clarification on some of these points. Helps to further understand how things are "under the hood".

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