Being a new member, I would like to say thank you for the great work that was done on the last hardfork.
Keep up the good work guys..
Why can't you guys add an option on account creation where you can select to skip waiting period, but you won't be granted any free Steempower.
This way new users can get accounts quicker.
To stop abuse on these accounts either:
Block posting and voting privileges till you have a minimum amount of Steempower. This can then be donated to you by a friend or you can acquired it by buying with crypto from an exchange or from the market.
Or disable withdrawals for a certain amount of time.
Just some ideas not sure it's this had been brought up before.
A Steem account needs a minimum amount of Steem Power to interact with the blockchain. If it has no SP it won't be able to vote or post which makes the account useless.
In the model you describe, someone would then register every username possible in minutes.
Ah, ok that is also a possibility. I did not actually think about that because of the telephone verification step, but I guess there are ways to get around that as well.
Well I trust the devs will eventually find the best possible solution.
The trick is that namespace is a valuable resource in itself... think if Steem has millions of users, what's the value of owning @cocacola? @Rodneysmith? And so on an so forth. Namespaces must be carefully guarded as the future 'land' that they are.
"Block posting and voting privileges..." If a user cannot post, comment, and vote, they essentially don't have any existence on Steemit. What's the point of making ghosts?
Absent the ability to get paid to post and curate, new accounts (like me) would be unable to generate any rewards, and thus have no way to later fund their account. Delegation of SP has worked, but is prohibitively expensive, and dependent on folks giving up the rewards they can generate with their SP.
While sponsorship of some kind is necessary to fund new accounts (and new accounts are valued across industry at a minimum of $300), in order for growth to be less unwieldy, there needs to be a better method.