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RE: Velocity Hardfork Account Creation Guidelines
Not being technical in any way, how does this deal with streams of 'bad actor' accounts being created? Are there some protections? Can someone with a lot of RCs create many discounted accounts?
I think the best change is that while bad actor accounts can still be created, the incentive to do so is lessened. This is due to the initial Steem now being burned. New users will have a minimum of RCs (bandwidth) but initially start with no SP. The old practice of creating large botnets to circle upvote is destroyed, as 1,000 accounts registered through Steemit inc. will now have 0 starting SP to work with collectively instead of 15,000.
Yep. What I am wondering about is if there are going to be things like a market for parking and selling names as essentially, this is the BC so once a name is used, it is burned from ever being used again and can't be pulled back without forking it out.
Isn't that the case already today?
If you are referring to the signup faucet at signup.steemit.com, the changes in the hardfork will not really directly affect that. The filtering process that Steemit uses is independent of the process that is used to actually create the (approved) accounts on the blockchain.
The amount of discounted accounts will be determined by the witnesses. The cost of those accounts (in RCs) will depend on the supply and demand. Most likely it will be fairly expensive (in terms of RCs) to actually create discounted accounts.
Yep, out of my area :) however,
If they replenish, couldn't someone with a fair few of RCs batch create?
There will likely be competition among the large stakeholders (with lots of RCs) to claim the available discounted accounts.
Couldn't stacking discounted account claims and later creating batches of accounts interfere with the limitation on the number of discounted accounts that can be created in a given period, set by the witnesses?
Afaik, the limit is on how many discounted accounts can be claimed in a given period.
Thanks Tim! You are right, as usually.
I've just read this again from the relevant steemitblog post:
At first I was given the wrong impression by this paragraph in the current post:
But after reading them again, there's no contradiction.
Well, it is going to make a few things interesting I am predicting. =)