Resource Credits Explained by Senior Blockchain Engineer @Vandeberg
Today we have a bonus Steemit Podcast episode for you all! Earlier today we released an interview with @good-karma, the Founder of @esteemapp and now we have an interview with Senior Blockchain Engineer @vandeberg in which he explains Steem's revolutionary Resource Credit system which is key to making Steem the best freemium blockchain in the world for powering applications.
Audio only version
While other blockchains like Bitcoin and Ethereum use transaction fees to allocate resource consumption by the network, Resource Credits enable Steem to allocate resources without charging any fees at all, while still preventing spam and bloat. It may sound simple, but as @vandeberg explains, delivering these unrivaled features are not simple at all.
Stake-To-Play
A lot of work is being done behind the scenes by the blockchain to ensure that reasonable usage of the blockchain is allowed for free, while users who place an excessive load on the network are nudged to acquire more Steem Power. This keeps the system free by making it stake-to-play, as opposed to pay-to-play.
In this episode, we learn more about this under-appreciated system, and why Steem is uniquely suited to benefit from it, unlike general-purpose protocols like Ethereum.
Steem Marketing
Very interesting. Thanks for the in depth look on this.
What i would like to see is a way to delegate RC Seperately from steem. People with some SP rarely use their resources up, and newbies without any SP can barely Post or comment.. Delegating RC to people we know to be genuine and not spammers would really help engagement.. which took a huge nosedive after the last fork...
Agreed. I don't use the gerzillion RCs I have sitting there (5,737,061,092,142 RC) and would like to use these to support newbies. Is it possible to delegate them or give them to someone else ?
Yes im still waiting for
An answer on that.. as fas as i know It isnt possible. It seems @steem.marketing isn’t responding to comments, which is a shame / weird
Great to see the increase and communication. It instills confidence!
totally, one of the reasons steem has been a big butt failure last 12+ months, idiotic communication skills
Yes now I hope we see a video like this EVERY WEEK from @andrarchy and @steem.marketing
I think some of us with more time could even volunteer to do the interviews, and ediutr them in thsi style and allow him to post or maybe @steem.marketing and @andrarchy need to find a group of peopel he can trust with the posting key or posting permission and or use that one site i forget, which lets you set up permissions liek ability to post but noit upvote from the account, so we can see peopel submitting posts and updates and then andrarchy can go along mnanually approve them :D
IMAGINE THAt for productivity, in fact, @heimindanger ncreator of @dtube could use his new TASK system tas a sort of Monday.com or salesforce style CRM so allow a Spreadhset with tasks to be done for a set group of people, and they dont have to compeet forthe jobs, and or MAYBE theyc an :D
We can have steem marketing account or a NEW account that andrarchy can SHARE with this group of people who he can choose and they post the intervbiewsm he can resteem them, or repost, hmm maybe resteems work too but ya know, we need to be ablke to get these things upvotes too, and beneficiary rewards @likwid and @steempeak https;//steempeak.com can allow for all of this
steem doesnt need any fancy dac planned from the top down, steem IS a dac, we just have to start finalizing some of our interactions between discord and the blockchaina nd present them as the DAC they are, use the tribes as the DAC headquarters, and just start renaming parts of steem and we have our DAC
we just have to be clever with teh way we are organizing TASKS and we should be using THIS tocommand the army of minnows to promote important steem related posts on twitter https://task.steemwhales.com
Thanks to @roelandp and steemwallet this TASK site works on MOBILE now
Ill be placing some new TASKS up about this very post, I will maybe share it on twitter, and then have people go comment on it and theyll get 1 TASK worth 3 to 4 cents now.. and i have 700 + task saved up, and I plan on using them and my 500 INV steem account signup links to onbaord a lot of new investors and worker bees.
I can actually create a TASK to see if any graphs designers want to try making a INFOGRAPHIC to explain the RC and staking system on steem.. I could try making my own and have made infographcis successful ones in minutes using https://photopea.com so i wont pay very much maybe 3 to 5 TASK and 5 to 10 people can try it, but it will be up and you can try making a nice Infographic to explain the RC system
Thanks for explaining Sir.
Thanku
Very good!!
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