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Resource Credits Explained by Senior Blockchain Engineer @Vandeberg by steem.marketing

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· @steem.marketing ·
$37.31
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. 

https://youtu.be/wanpOUyH0NQ

<h3>*[Audio only version](https://anchor.fm/andrew-levine8/episodes/The-Most-Advanced-Freemium-Blockchain-e4vj0h)*</h3>

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. 

<h1>Stake-To-Play</h1>

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_
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vote details (413)
@abrish ·
i will be taking time to watch the interview thanks a lot
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@amitporwal ·
Thanku
๐Ÿ‘  ,
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@amitporwal ·
Please like & comments on my post
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@amitporwal ·
Please support my blog.
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@ayimulyadi ·
Very nice podcast, It's happy to become this platform!
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@clumsysilverdad ·
keep getting the word out, ty
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@deepwaters ·
This is the best explanation that I have seen of the Resource Credits system. I was concerned about not using the full potential of my account. I saw my RC's never went below 90%, and I thought I must not be interacting enough (getting full potential). 
Thank you for the detailed explanation. I understand it now. Also, it is really great that we get to use up RC's instead of transaction fees. Just another great reason why Steemit stands out.
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@steemdevelopment ·
In the future there will be delegation markets so you can rent out what you don't sell. Or delegate to projects as well. So you don't feel like it's going to waste. They use those rc to generate accounts and so on.
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@deepwaters ·
Is this renting out option part of HF21? 
I would definitely be interested in renting out my RC's. I am hoarding as much SP as I can, so it would make sense to rent out some of my RC.
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@sumatranate ·
The only way I have found to make a significant dent in my RC credits is to create new account credits via Steemworld.org. Otherwise I stay close to 100% on normal activity. 

Posted using [Partiko iOS](https://partiko.app/referral/sumatranate)
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@coininstant ·
$0.05
The only way I den't my RC's is if I start spamming hard! lol jk
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vote details (5)
@deepwaters ·
Same here, never goes down under 99%. 
I will have to check out that new account creation. I have invited some people, and creating the account would probably be faster.
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@drutter ·
If we don't fix this RC problem soon, it will be one of the nails in the Steem coffin.
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@eco-alex ·
$0.14
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...
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vote details (4)
@artemislives ·
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 ?
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@eco-alex · (edited)
Yes im still waiting for
An answer on that.. as fas as i know It isnt possible. It seems @steem.marketing isnโ€™t responding to comments,  which is a shame / weird
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@goldmanmorgan · (edited)
Yea , the increased comms is great, but im starting to feel like the spoilsport here. Most of us here understand RC, or at least what it does practically. But how would you explain to "the massed" you are so eager to on-board that they can't just post puppies at will unless they power up for money ?

As i said ... i'm not mister negative, i'm mister real, these are questions that need answering, not to me, because i dont believe the masses are your saviour. Your saviour is entrepreneurs bringing business running straight off that comes with incentive to buy, your saviour is a few of the the fortune 500 who see options and opportunity because you can convince them and your saviour is partnerships where you provide PAID service so you can stop dumping your own , already hyperinflated, coin into oblivion because

*bills need to be paid*

yea im great at making friends, people just <3 the truth and bland reality :)

but really ?

see here a situation "IRL" : 

i'm not salesforce at all so i probably don't talk the talk but of all people i mentioned it too i have had only one who said "maybe" ... then checked it 

then was like "but they need to know my phonenumber, i dont wanna do that" ... (understandable somehow in an age where all data is sold and 75% of the calls you get daily are callcenters you neer asked for)

and then i'm like, well, if you want i can make you an account for free, i mean it used to cost around $40 but now its like a euro, right ? i can do that for a friend ...
and then she like " yea sure"

and then me like but and she like BUT ... "can i just talk to you like on facebook and stuff"

and me like "well no, your basic account won't let you do much, you're gonna have to power up, either by eh, well we all know powering up from getting votes at the moment is reserved for the fortune 50 and the featured few here, Or either by BUYING steem)

so she like well hmm ... i dont think im gonna do much with that  ...

and euhm

you see ?

i dont wanna break you down but since i have what one would call vested intrest in your company i need you to see reality

this is NOT for everyone :) not as is

yah ? the way things are now and what you're communicating (even if its GREAT that you're doing more) it sounds like you expect everyone on the planet to onboard as a marketing and networking genius who is both interested and willing to spend time on expanding it ? how "real" does that seem when i phrase it like that ?

yea, so shoot me, but i like to not hype but real to prevent headaches
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@imawreader ·
I haven't seen the video thoroughly but from what I can understand, RCs are useful to the Steem blockchain maintaining etiquette among users. However, it can be dreadful to new users and the only way to have more RCs is to buy and power up with Steem.
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@jondoe ·
$0.77
Very interesting. Thanks for the in depth look on this.
๐Ÿ‘  , , ,
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vote details (4)
@kus-knee ·
$0.05
Great to see the increase and communication. It instills confidence!
๐Ÿ‘  , ,
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vote details (3)
@ackza ·
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
![](https://cdn.steemitimages.com/DQmQcy7u9i6pQEtyX5UUGoqymQqba7LrCmWcLwgZENgRAuo/image.png)

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
๐Ÿ‘  
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vote details (1)
@clumsysilverdad ·
totally, one of the reasons steem has been a big butt failure last 12+ months, idiotic communication skills
๐Ÿ‘  ,
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vote details (2)
@lizbethk ·
$0.02
Thanks for explaining Sir.
๐Ÿ‘  
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vote details (1)
@markangeltrueman ·
@vandeberg... sold all his household furniture to buy STEEM
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@melinda010100 ·
I'm looking forward to being able to delegate RC's! Thanks for this look into how and why RC's are of so much value to  Steem!
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@outmane ·
๐Ÿ˜ฎ
properties (22)
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@praim ·
Very good!!
๐Ÿ‘  
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vote details (1)
@sahariar755 ·
Welcome to the Steem blockchain.
Here your content is king!

Follow ๐Ÿ‘‰๐Ÿผ @sahariar755

Hi, Iโ€™m using Partiko to make friends and have fun on the Steem blockchain. You should as well!
๐Ÿ‘  
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vote details (1)
@steembeem ·
You got a Resteem on behalf of @aro.steem
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@steemitboard ·
Congratulations @steem.marketing! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@steem.marketing/payout.png?201908161742"></td><td>You received more than 1000 as payout for your posts. Your next target is to reach a total payout of 2000</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@steem.marketing) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=steem.marketing)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
๐Ÿ‘  
properties (23)
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vote details (1)
@steevc ·
$0.09
RCs do limit what spam accounts can do, but new users who find they cannot post due to low RC need some clear indication of how they can remedy that, e.g. by buying some Steem to power up. There are various people who will delegate to new accounts and it ought to be easy to find those.
๐Ÿ‘  , , , , ,
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vote details (6)
@ackza · (edited)
$0.02
All new users can use this website https://giftgiver.me 
![](https://cdn.steemitimages.com/DQmTpSSJAVro7gMhFzAYX9hH6oQ13CTv9zBDqrmQDBbNqgj/image.png)
 for a free 30 SP ( 60,000.000 VESTS ) for  7 days , all by completing a CAPTCHA ;) created by @rishi556 and using same tech in CAPTCHA token by @heimindanger https://captcha.steemwhales.com which pays you steem engine tokens to complete captchas, 

We could potentially set up a captcha signup maybe with @steem.ninja or even over discord using @banjo bot by @inertia or any system that can simply have a potential new user go here https://captcha.steemwhales.com which just asks for a steem account to send the captchas, they can be told to use some rotating account owned by this signup system, and the new potential users completes a certain amount of captchas, worth 0.00145 STEEM / $0.00026 so you need 1000 CAPTCHA is 1.15 Steem  .. if you can do 1 captcha per second thats 16 minutes, but lets say it may take 2 seconds per captcha so 33.33 minutes to get 1.15 steem..., thats around 2 steem per hour. one and  ahalf hour and you are at 3 steem the flat rate for account creation. @heimindanger could have a great steem account creation faucet here. If we buy INV for this which are 1.8 steem it can cut the time down to under an hour but theres only 7 thousand INV and the price could increase so lets just stick with the 3 steem account creation fee post HF20.... it will be 3 steem no matter how many we buy, nomarket changes so if we just tell people it will take 1 and a half hours to "MINE" their account doing captchas I believe we can have a nice self sustaining steem account faucet

It should only take half an hour to farm that 1.15 steem that it sometimes costs for 1 INV for https://invite.steem.ninja or on https://steeminvite.com you can just buy a steem account for 3 steem from the blockchain always, flat rate wont increase, so, there we go

i am shocked by these numbers I thought it would take only hours to get the steem needed for a new account just from doing captchas, but I re did the math and it checks out and it depends on how much @heimindangerbuys back CAPTCHA tokens for but knowing they can be used to create accounts in soem way coudl add value to them.. maybe :D .
๐Ÿ‘  
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vote details (1)
@nathen007 · (edited)
This is exactly why Steem is an epic fail regards adoption and will never ever mass onboard users .
๐Ÿ‘  
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vote details (1)
@sumatranate ·
It will be interesting to see if people try to delegate RC for profit, to help new users, or both. 

Posted using [Partiko iOS](https://partiko.app/referral/sumatranate)
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@steevc ·
Of course that will happen if there is profit to be had. We have that freedom on Steem, but I already delegate SP to people for nothing to try and build the community.
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@sunlit7 ·
In all due honesty the whole thing is two faced.  People who came here did so because it was trotted as the place you could earn for posting and blogging. So it was pay to play.   Now a couple two, three years down the road they faced the problem of people spamming and taking advantage of the system.  Now they want to implement stake to play.  Really though what has stake to play shown?...basically the same pattern as those who were spamming and taking advantage of the system, a lot of people with high stake spamming junk all over the trending page for a high rate of return....I hardly call that being premium.  Yeah it's premium pay to those abusing and bid bot owners but it's not building a premium blockchain by any means.  In essence what they are saying is if you want to invest a large sum of money into buying steem we'll let you abuse this system all you want.  The ironic part is there are many accounts out there who don't buy into bidbots and have done quite well on the platform, they'll continue to do well because they've honestly earned their way into it...on the other hand for similar like minded people they have basically made it impossible to onboard them as, in my opinion, those people producing high quality content are obviously intelligent people who aren't going to invest  into a system they feel they will have to cheap-en themselves to gain back their investment in a timely fashion.  I highly doubt they will onboard new accounts representing real people behind them, what I think we will continue to see is the expansion of sock puppets with those people finding creative ways to delegate to their socks, growing accounts that will let eventually let them powerdown one sock while working their other socks to enable them to do the same thing.  I don't mean to sound like a debbie downer in all this but in the reality of it all  it will be, in the end, why regulators will come down and regulate crypto's.  I would hardly imagine that when the times comes they will not accept the excuse we didn't have any other means to deal with spammers while letting investors spam the system for profit.  In the real world of things...and usually the real world does tend to come knocking, what this amounts to is nothing short of what they call giving kickbacks only in this case they are kicking back to themselves.  Whatever lights their fires I guess but one day they may find themselves seriously burned.
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@hooiyewlim ·
![3.png](https://cdn.steemitimages.com/DQmZgmR5xbWTuM5AwVvLsEzFMQQKyqFNQyWVkxcQ2x7TAks/3.png)
i totally agree with your comment . As a content creator i won't invest my money and even my video here.

It feel really cheap-en myself. My video after 1 to 2  years still generate money but here i only have 7 days .

At youtube if your video generate view, you get a share of the ads revenue .

Now with the ads implement in to steemit , will it share the profit with content creator that create good content? If no than it feel like we are working for free.
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@steevc ·
There is no perfect system and it's hard to anticipate how people will use and abuse it. The hardforks have tried to address the issues. It was not pay to play originally as you did not have to buy anything. New users can still get some delegation from Steemit and I'll do it for accounts I create with RCs. I don't like to be absolutist about things and I still see potential for Steem. You can earn despite the bots and other abuse.
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@sumatranate ·
Thanks for the informative video. I appreciate the increased communication about topics that impact the Steem community. Canโ€™t wait to see RC delegations. 

Posted using [Partiko iOS](https://partiko.app/referral/sumatranate)
properties (22)
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@worthydemaxs ·
Nice one
properties (22)
authorworthydemaxs
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