> Transactions should “cost” more during times when the blockchain is busy and less during times when it is not.

Shouldn't an architecture work the other way? when the system is optimally used then you have budgeted for the transactions already and hence it must be cheaper. When it is not often used, then it becomes more expensive because of dark resources lying around. as far as the user is concerned, more the number of transactions, the more he is subsidized to use it.

>When a user can know how many RCs they will have, how long it takes for those RCs to recharge, and how many RCs each transaction will cost, they will be able to make informed decisions about how to spend their RCs.

Earlier we were faced with unknown bandwidth failures. Now we will be explicitly told whether we can post or not. I guess makes it easy for me to not be baffled by strange failures.  This change is about educating the user about the problem and not solving anything. unless there is something thought of in the future that i am not aware of.

>The most important thing to understand about RCs is that they will be non-transferable credits given to each account based on how much Steem Power it has,

we are already aware of steem power. why not just stick with it instead? internally RCs are a good idea but is there any significant problem that we are solving by pushing the information to the average user?

>RCs will be the “currency” that the blockchain uses to price the resources in those stockpiles, and the internal medium of exchange for said resources.

did this change come about because of our progression to acquiring new communities using SMTs? i think that this a great idea if you can expose the blockchain to enterprise customers. one of the largest problems that enterprises face is the dissatisfaction of their customers with literature (training manuals, installation docs...). get enterprises to use our blockchain for content publishing and get their customers to constantly rate and correct them. then RCs are a beautiful approach.

```i think the RC system has far better applications if they are outward facing rather than within the existing community. i understand the rationale though. good luck```

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Uhm, it sounds technical and I don't fully understand it. So what effect will it have on users again? Is it disadvantageuous to newbies/redfishes and will it affect minnows in a bad way or no?

What about the dust votes issue? Is there anything that will be done about it? Will I be told to submit a proposal on utopian.io again? I'm not into programming and such.

![bandwidth.jpg](https://cdn.steemitimages.com/DQmcPfav9r13gX1T46Xiuwf3HxFapwFqJYgSxFYLxLzmDg6/bandwidth.jpg)

If the changes in the updated privacy and TOS pages were made due to this update, you need to look at that update and how it was implemented, 5 seconds is insufficient time to read a multi page document, I was forced to accept changes to these two documents in order to continue using steemit. So if the new updated pages were a result of this please rework the Update and allow others time to read before having to blindly accept policy changes.

I know this had absolutely nothing to do with the changes in policy, but no other avenue appears to be available to let you know it was a screwed up update.

Mantap...

good job

Great job, guys! Thanks for the work, let's do it ;)

I have not understood everything, but at least the developer team is working hard to optimize the bandwidth and increase the user experience.

Should be great to see a video of this feature in action!

**The first thing that comes to mind is "How is freedom and decentralization?", Although on the other hand this will solve the problem with spam.**
>Первое что приходит на ум - "Как же свобода и децентрализация?", хотя, с другой стороны так будет решена проблема со спамом.

This has indeed been something that often has been very confusing for new users. While the previous balancing worked (though it sometimes really did get hammered), the idea of a more tangible, easily understood system is a good step to empowering these users to make better choices — based on understanding their own abilities, instead of smashing a button and praying the numbers swing ever in their favour. 

This is something I spend a lot of time explaining to users new and old, and to the skeptics out there. I appreciate the move towards something more predictable that will help people better *actually* understand the technology they enjoy. Cheers.

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First of all, do you realize that if you explain HF20 to 1,000 randomly chosen people in a crowded shopping street, you will have 99% chance that all of these 1,000 people don't understand 1 word of what you have written. Does anyone realize that?

And how many people on Steemit do actually understand this?

And second, what happened to the curation adjustment? I thought HF20 would contain a change for how curation works?

It's a necessary step for proper scaling on the blockchain. Thank you for the weekly update, they have been greatly appreciated.

I think you need to make it easier to make money on steemit, this would increase retention rates of users.

One way to do this would be to Reduce the dust threshold cap from the current 0.0251 to 0.001

most people don't realise you need 200 sp for your vote to actually earn anything.

@steemitblog

Figure out a better approach to deter spammers / bandwidth usage

I hope you are right about this... 

>Summary: These changes will lead to a far more pleasant, more transparent, and more predictable user experience across all Steem applications, and will more accurately allocate network resources by leveraging an efficient market mechanism.

I hope you've focused grouped it, spoke to existing users of all varieties (not just your group of long time friends and large steem holders), and really put some thought into the dreadful user experience that most newbies and minnows feel (and thus have subsequently left).  I know it doesn't appear that you are doing these things, but obviously they may be happening and no one talks about it.  

Either way, if it results in a smoother experience where "people" are less frustrated and don't have to spend more just to use the system, then I'm all for it... And by "people" I mean real humans that are needed to develop real communities.

I will see and hope you are right about this being a "pleasant" change, I want to see steemit succeed just like the big boys (and girls)!

Last week we started the roll out of steemhost.com. Steemhost shows the blog list of individuals (or groups) but redirects people to steemit or busy to view (and vote) the specific post. 

In addition to being able to include the content of specific people on the site, it also adds the element of banner ads advertising. What is important about this is that the advertisements are purchased with steem which should cause upward pressure on its price. 
Part of what will motivate steemians to administer their own pages and steem visitors to view those sites are that they are rewarded in steem power delegation. 

To view an example of a page where two bloggers are on the same page is
https://steemhost.com/@steemitblog

I set both @steemitblog and @ned to act as contributors to this page.

If you are a visitor, you need to log in with steemconnect to be rewarded.

Please don't display yet another currency for the poor users! Could you visualize the RCs as a progress bar instead?

How are the RC costs calculated, sounds to me like a fixed fee? I like the idea of beeing hardware near at the cost, but if RAM prices for example keep rising, these costs need to be increased. Or did I get something wrong here?

buen post amigo

Look interesting and probably is an improvement. Otherwise, you wouldn't be pondering about it and developing it.

For me, the bandwidth *model* is (was) a non-issue. I never even tried to understand it and it never was a problem. It might be a different story for new users with a low amount of SP, though.

Will this GC approach in any way force the change of behavior of an average user?

Ps: I love the usage of high-speech in some sentences. Looks like you developers are also philosophers and psychologists at the same time :)

> Markets, after all, are arguably humanity’s most practical method of distributing resources among populations beyond the bounds of a small tribe.

Just a little bit of food for throught thrown in there for the reader's amusement? ;p

Exciting update. I hope this does indeed make spamming more expensive / demanding of SP.

Maybe you had a different idea in mind, about the plan after AFTER HF20, regarding bandwidth.

Here's how I see things unfold, but I may be wrong.

RCs will continue to be shown as a progress bar on the tools which currently show the bandwidth.

All apps and tools will need to update to interactively add information (as tooltips?) about the cost for each action.

Am I right? I realize these are two separate things, blockchain development and apps/tools development, but how else would these new costs be presented without creating confusion?

Why is payout declined. I never seen that one before

Thanks for updating us everytime. Scalability is the main issue that the other blockchain are still battling over. There is a saying that ***Prevention is better than cure.*** I know in just a matter of time many people including celebrities will get on board and it will exponentially increase the user and the scalability issue will come. Implementing this kind of solution will enhance our user experience in the platform. An update like this is why I do believe that Steem is the best blockchain out there. Great great great update! HF20!

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Somtimes i get lost in the technical details but thanks for making this one pretty easily understandable. 
Just another system to replace bandwidth ... I never understood how bandwidth works but sounds like this one will be understandable (even if complex) ... I'm guessing this will make HF20 a bit more important to implement sooner than later. So that's always fun.

**MY QUESTION:**
Will RCs be spent just by users or will tools doing API calls (or other backend stuff looking at the blockchain) need a stockpile of RCs?

News and Updates like this should be pinned at the top for at least 24 hours.