RE: Resource Credit Squeeze
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Yep. It is going to be a huge factor going forward as to why the price of Hive really appreciates.
HP is needed to operate on chain. Each new account that wants to be active requires some to just transact. This is going to be an ongoing concern for the applications.
Grabbing an account each time you can will help to decentralize that a bit also. At some point we will be able to offer them out to applications that need it.
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Yeah I'm looking forward to being able to donate my account tokens to a group! I don't know how that will work but I'm sure it will be figured out in an update in the future.
The need for the small bit of hive staked to generate resource credits just to transact and interact will be important. It's a way for us to mitigate the lack of transaction fees which I think is good. At the same time, it does nudge companies that want to make a product on hive to actually buy and stake it so that they have enough to do what they need and support their users if they need any. Splinterlands is a perfect example of this but I can imagine others will be too.
Wave IO was one that had a similar thing, although it was restaurant reviews or something and didn’t get much positive attention (got flags instead) for what they were doing. I still think they had the right idea, maybe just poor execution. Those types of external services that want to bring outside users onto the platform a bit even as an introduction is a good move.