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RE: Steem Blockchain Account Creation Fee

in #witness-category6 years ago

The delegation amount is optional, the 30x is recommended for a comfortable experience. You can create an account with a delegation of 1 SP, 100 SP or more. Steemit used to create accounts with 30 SP delegation, whether the minimal fee was 0.1 or 0.2 STEEM. But since the on-boarding has been increasing they slashed that in half: new accounts are getting 15 SP delegated. Furthermore, they're reducing the delegations for old accounts, depending on the total SP; for example, if the user accumulated 5 SP, they would re-delegate 10 SP, to keep a total of 15 SP.

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Right, that makes sense, I just hope they don't automatically start delegating ~30 SP when/if the fee changes.

They used to delegate 30 SP on account creation.

They won't, they're running low on their own SP every time they create accounts. The whole purpose of HF20 was to move away from that model to a better (cheaper) alternative that would allow more accounts.

https://steemit.com/steemit/@steemitblog/proposing-hardfork-0-20-0-velocity