RC Delegations: I am dreaming of "explosive" growth in Hive.

in LeoFinance2 years ago (edited)

RC Delegations: I am dreaming of "explosive" growth in Hive.

We already know that onboarding on Hive is little difficult (because of multiple keys here) but even after you onboard the user and user able to understand the keys then real problem of interaction with blockchain starts though transaction are free but they require resource credit that is directly proportional to staked Hive.

For a Hive account that can do engagement normally it is require some 100 Hive power and even in this "bear" market that require almost $85 (USD)



But good news that RC delegation work is in progress and what I understood by reading the post that development is complete and it need to tested in tested before it will be propagated to the main chain.
With this change implemented in this main chain I think so many user that have extra RC will able to delegate the RC to the needful user without getting any impact on their Hive curation and upvote value.

It give growth to Hive Second layer.

We already know that we have various initiative and various tribe that able to onboard the user on Hive and they give initial delegation too but giving HP delegation for 100 HP is not feasible for so many people but if instead of HP , if it only need RC delegation ,it is feasible to onboard many users in Hive.


It give growth to gaming in Hive Blockchain.

I feel for the blockchain game, game need to do lot of transaction and it means game require lot of RC as if RC delegation can be done almost free and cheap, it mean it will attract so many game development and game developers.
We all know that many users do many play game due to transaction costs incurred and in turns game when start growing they have to develop their own sidechain to scale it. I guess Hive will give the cheapest option to game development and Splinterland's success prove that we can have scalable player base in Hive blockchain.

May be extra income for RC delegation.

Not sure , but may be we have some kind of "dlease" service that will allow the delegation of RC too and all Hive power holder might have one more way to earn using their Hive power.

I am all in for Hive.

I am now currently very close to 6000 HP and I guess I might hit 6000 HP on next Sunday(if not then definitely before the end of this month) just following my weekly targets. I will like to get my HP and Hive bag bigger before it really explode.

This is all my personal opinion and gut feeling , please take your decision on your discretion and research.

Posted Using LeoFinance Beta


I have just hit 100HP , but that was only because I won delegation in PUD this month. otherwise it is every very hard to engage as the RC decreases so fast. This is one reason many new users to hive leave after a few days as they cannot do anything.

Congrats, I see I myself delegated 150 HP to you as HPUD winner. Hopefully you might be able to increase your interaction game and got some rewards for it.
See you in the next PUD too.

Posted Using LeoFinance Beta

Yes thank you very much, that helped me interact more and my HP gone from 15 to 110 so am very haooy with all that.

Rc delegation would really be a good idea, don't know how that works tho, but I had issues with rc's alot while trying to get my engagement game up.

100hp isn't enough if you really want to be an hive addict like me, who like to go almost everywhere possible.

I was so shocked when I saw my rc at 0.9% last week and I was like it would be a huge advantage for me if I could buy rc's instead of staking more HP, which I might not have enough funds for ATM.

Posted Using LeoFinance Beta

I am sure , it will be soon , Core development is already done.

Yeah, 100 HP is bare minimum but if some one really a Hive addict and engager, RC requirement really go high.

Posted Using LeoFinance Beta

I think that this is a great advancement! Delegating HP worked every now and then, but delegating RC would be even better.
This will help a lot of newcomers to engage more - which will help to grow the blockchains value!
Looking forward to the changes!


It will be definitely a new chapter in Hive and I am sure it will help Hive in getting more user base.

Posted Using LeoFinance Beta

I can imagine this. It is quite hard to have enough RC for smaller accounts. And this will definitely help the blockchain grow!


I have been hearing more and more about RC and man I can't wait, I know I don't use much ATM so I would rent or even just delegate to a project that needs it.


Posted Using LeoFinance Beta

That nice idea and I will be also effective giving this RC to needful and new users.

Posted Using LeoFinance Beta

Yes, I ran into this yesterday on weedcash, Someone couldn't comment at all after posting, So RC delegation would be better than hive

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