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RE: Velocity Hardfork Account Creation Guidelines

in #hf206 years ago

Assuming HF20 is accepted, what process will Steemit, Inc. be using to create accounts for new users?

And what is the average number of accounts created by Steemit, Inc. per week over the past six to twelve months? What percentage of new account creation has been handled by Steemit, Inc. over that same period?

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This is critical information that must be disclosed so witnesses can make a reasoned decision for both discounted account quota and reg fee. And anti-spam measures employed by Steemit Inc. and other large scale registrars.

I would like to see Steemit Inc. continue to pay and burn, whilst leaving the faucet and discounted quota free to third party apps. This would be a win-win for all. Third party apps can now onboard users without any friction. There's enough evidence to prove that crypto investors love token burns and despise concentrated centralised stake. So even if Steemit Inc ends up with fewer Steem, they'll be worth far more. Wishful thinking.

I would like to see Steemit Inc. continue to pay and burn, whilst leaving the faucet and discounted quota free to third party apps. This would be a win-win for all.

Though I agree it would be fantastic to see the Steemit, Inc. stake become gradually more decentralized, as far as I'm aware they will still be responsible for delegating small amounts of SP to new accounts so they can perform actions on the blockchain. While their stake seems large, it's not actually enough to support the billions of accounts that would exist in the scenario of mass adoption.

So, how will developers/witnesses solve this longer-term problem? Will parameters be changed so that accounts can successfully perform operations with a very tiny amount of delegated SP? (i.e. 0.001 SP) Or does the addition of RC's mean that bandwidth issues will no longer be a problem for low SP holders?

Yes, the RC system is designed to alleviate the issues, or at least make it a better experience. Low SP accounts will of course run out of RC. There's never going to be billions of accounts on a freemium blockchain. Freemium means - you have to power up a certain amount to use it. Steemit Inc can cover you temporarily with delegations, but that's not the intended long term design of the platform; hence why they call it freemium.

Facebook has a massive network effect, and there are no bandwidth concerns to think of as they can easily ban spammers and generate revenue from advertising.

This is critical information that must be disclosed so witnesses can make a reasoned decision...

Yes, exactly. Unfortunately, I’m not confident that they will actually provide these stats and I’m not confident that most witnesses will even understand the numbers/reasoning involved in setting their parameters...or even care in the first place. Kind of like the current set of parameters that are not understood or rarely set/adjusted.

There's enough evidence to prove that crypto investors love token burns and despise concentrated centralised stake.

Indeed. And there’s also evidence that crypto speculators and investors despise concentrated stake that is then dumped on the market, even when demand is light and prices are down...which is what Steemit, Inc. has done instead of burning what they don’t need for account creation, marketing, and development. So not only do they refuse to do what is largely accepted as “good,” but they continue to do the exact opposite, despite the concerns of their actual investors and fellow stakeholders who bought into their project and made them rich, setting aside their misgivings about how the project was launched.

At no point have I seen this “leadership” do the right thing. I don’t expect to see them start. I do however expect some kind of cooperation from them on providing statistics. It’s the least they could do for continually going back on their word and making this place unattractive to the wider crypto and social media markets.

Even with all that being said...the blockchain is still one of the best. It’s a shame to see it being wasted and tarnished by extremely poor “leadership.”

Do we know anything about the @alpha account? I have asked @themarkymark to explain why so many rewards go to @alpha from @buildawhale and who owns @alpha

It gets a lot from @steemit2 and sends a ton of STEEM to Bittrex probably to dump but it appears to also make money from a couple of upvote bots.

That is cool if they are legitimately paying for their development needs and all that by selling some STEEM but I don't understand why that account would be earning all that bread from the upvote bots.

It is my understanding that the alpha account belongs to Blocktrades and the account activity appears to corroborate this. The transfers to alpha from bid bot accounts are likely for delegation leasing payments.

Oh cool. That makes more sense if it belongs to Blocktrades

I haven't seen any public statements, but I suspect they will be competing for the discounted accounts along with other stakeholders. Since they have a significantly large amount of SP, they will likely be claiming a large number of the discounted accounts. No code has been checked in, but the faucet issue to track what they are doing is here: https://github.com/steemit/faucet/issues/386

@penguinpablo does a weekly report that includes the number of accounts created on the blockchain: https://steemit.com/steemit/@penguinpablo/weekly-steem-stats-report-monday-august-20-2018

As far as the number created by Steemit, I haven't checked the numbers myself, but I've heard it is around 1,000 per day on average (usually done in periods of large bursts, then quiet days).

Do you know if I can make a 2nd Steemit account? I registered for @oatmealjoey on Steemit.com over a week ago and I'm still waiting for it to be approved.

You can create multiple Steem blockchain accounts, which can be used on steemit.com. You can only get one 'free' account by signing up through the free signup.steemit.com service. There is info about how to create additional accounts in the FAQ as well as the pinned messages of the help channel in steem.chat.

@timcliff, how do they know if a person doesn't already have an account when approving accounts as that might violate the 4th amendment and what about accounts that may be of pets and groups and objects?

I don’t work for Steemit, Inc. and I don’t know how they validate uniqueness. Each signup does require a unique phone number.

Thanks. Yeah. I gave them a new phone number when registering. I waited over a week. But, today, I decided to stop waiting.. So, I used Steem Invite to make a 2nd account. I was simply going to wait maybe for 2 months to see. Because I really wanted to know what might happen. But I guess I was not sponsored or whatever we want to call it. I guess some people offered to help me with borrowing SP for the RC. But I ended up doing it all myself. Thanks again.

@timcliff, are you saying that my registration was rejected?

Sorry, I have no idea about the status of your registration.

I went to register on Steemit.com today. I typed in the username that I wanted @oatmealjoey and it was available. I took that to mean that my 2nd account was not pending.

So, like I said, I used Steem Invite to create a 2nd account after that. I might be wrong, but I'm assuming that they didn't accept the creation of a 2nd account. That's why I went ahead to create a 2nd account myself. Like I said, I probably could have gotten somebody to help me financially. But, I guess I have enough money to do it myself.

But I was curious.

Like, if I pretended to be a new person, would that work?

Good question.

But I guess it doesn't really matter.

I'm only intellectually curious about how things work.

Because I love philosophy, etc.

So, I love questioning things.

But I guess it's ok.

Now I know how to invite my mom and other people to join, since I know how to invite myself onto Steem.

And I will continue to try to encourage others to join Steemit.

Thanks again, Tim, for caring.

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