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RE: Video: some thoughts on the DLive exit and the Hard Fork 20 resource credit system
Great informative video, thanks for all of your attention to these topics. Luke do you know of a link or a post that explains why it takes so long for people to get approved on steemit?
Nothing on a blockchain can be free. Creating accounts can't be free. Steemit, inc currently creates all those accounts. They have to be careful to go through a process that (hopefully) doesn't allow too much exploitation where individuals can just create a bunch of free accounts. They've continually worked to improve that system but ultimately they are moving to a completely new model where tokens will be needed to create accounts and those tokens can be mined. This will, hopefully, change quite a bit about the onboarding process. We will see though. We will see.
Thank you for taking the time to answer my question. I agree, nothing can be free because people will abuse it. A game theory puzzle that I am sure that Dan Larimer tried to solve with Steemit. I appreciate the great explanation and it sounds to me like they are going in the right direction.
To me it never felt right to have gotten that initial amount of steems for free more or less.