RE: Velocity Hardfork Account Creation Guidelines
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.