As I said, the system is still balancing, we will know more after the next couple of days. I also hope things will not stay like they are now, because the interaction decreased drastically. I will keep peeking at the code and will update my feed once I have more (usable) info.
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@dragosroua can you explain how equilibrium or balancing can help make up for the vast difference in formerly subsidized use of resources?
If i understand correctly, old steem used Neds 250k post capability to help allow minnows post wrecklessly (and while making spam prevalent, made steem useable and practical for all).
And now with new Steem, ned gets 250k post capability he'll never use and mr. Minnow gets discouraged because hes got at best 1 post every recharge.
Is that how it works? How is that helpful to steem's comminity? And how can equilibrium fix that since minnows have lost the subsidy of the whale's excess fat?
No, I think you're not understanding correctly. Ned's profile is used in my post as an RC example and he was never directly delegating his stake before. This delegation, or subsidizing, as you call it, was done from another account, @steemit, if I recall this correctly.
The system is not calibrated yet, as far as I understand for the developers. We still need some time to see how the Resource Credits will even out - that's what I understand by equilibrium. I get what these RC are meant to do from a theoretical point of view, and I think this is a good model, because will discourage spam (which is already happening) and encourage focused interaction with the blockchain. I still don't know, though, as the vast majority here, if the theoretical model is correctly implemented. We need to wait a few more days.
Sorry i must have written that unclearly.
While i understand no actual or direct use of his sp was used (apart from actual delegation), i was referring to the theoretical capacity.
Assuming @ned uses 1 post worth of RC despite having 250k posts worth... in theory thats 249.999k worth of unused potential lowered costs that could have been allocated to those with little to no SP. (Eh. Like reverting the efficient shared Uber economy back to everyone owning their own car.)
Is my understanding of how that works incorrect?
Im just wondering if HF20 has unintentionally tipped us into being relatively unusable by those who dont buy in to the concept right away?
While implicitly theres probably pros and cons to this too... but it sure seems to take away from our greatest asset which is the vast community of users?
It almost seems like we took care of spam by knocking the entire minnow class out of commission.
I agree 100% that this is how it looks now. But I still want to wait a few more days until making a definitive statement.
Things may or may not improve in the following 2-3 days, but at least I gave the devs the benefit of the doubt.
Thanks for the feedback. I just hope the RC cost of actions go down to preserve the minnow class...
Granted i also hope minnows also receive this kick in the butt to buy into steem power.
But yeah. Mixed feelings all around.
Thank you for the feedback. I will follow you posts closely to have the new informations.