I can't understand very well the techinical parts. But for someone like me, can it be simplified to a story like this?
Okay, I want to create an account. Yes, new user got to pay. So the procedure starts, first it appear a btc (or other major cryptos) depostit address, I deposit some money as account creation fees. All the processes done outside my sight, and finally I get a new Steemit account with some SP inside.
In practice, this will happen. Even the current creation process i very complicated, yet the end user is seeing only what he needs to see. I outlines the details because this post is in the @witness-category tag and I wanted to ay my opinion on these technical matters.