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RE: Exploratory Analysis – Account Creation and HF20 Changes

in #steem6 years ago

Hi @paulag, the interactive PowerBI sheets are great! What surprises me is that the accounts created by steem per week seem to come in "waves". I'm wondering if the actual "user interest" is fluctuating that much or if there are some effects from the Steemit signup process visible there?

The discounted account creation will be a big change with quite some implications for new users! Currently, new users get ~15SP delegated, so a vote from a new account is worth little but "something". This was partly abused with mass account creations.
With the new creation methods, both the discounted and the non-discounted, the fee will be burned and new accounts will have 0 SP! Du to the bandwidth vs. credit system they will still be able to interact with the chain, comment, vote, transfer, etc, ... but with 0 vote value. Will Steemit continue to give out delegations on top or will they expect new users to invest or build their account from nothing in order to make their vote worth "something"?

Interesting times ahead!

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from doing the monthly reports it appears steemit inc. block create accounts one or two days a week. I dont think it is the way users are signing up.

I also think the idea behind this is to remove responsibility from steemit inc creating accounts to the dapps.

Interesting times, and we will have a new lot of data to look at when this all happens

If steemit only approves a day a week or something like this, this would clearly explain the fluctuations.

I also think the idea behind this is to remove responsibility from steemit inc creating accounts to the dapps.

I agree on that. The new system allows the dapps to create accounts without having to spend a penny. Only the accounts would have 0 SP then. The amount of available free/discounted accounts seems to be based on the effective SP (incl. delegations), so that moves responsibility to them as well.

steemit inc could still create accounts using RCs, they wont be using their RCs for much else as they dont vote or post or comment from most of their accounts, but is also frees up their SP for cashing out....

Thank you for your review, @crokkon!

So far this week you've reviewed 1 contributions. Keep up the good work!

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