First omens of scaling problems for AKASHA, Ethereum/IPFS-based reddit clone
http://blog.akasha.world/2016/06/03/thoughts-from-the-machine-room/
Don't get me wrong, market fees are necessary and there is no good reason to keep the arbitrary fixed ETH/gas price. But AKASHA is very obviously asking the community for market-based gas fees because it would bring the price down, not just incidentally.
It's distressing is how everyone seems to assume fees can only drop going into the future: https://www.reddit.com/r/ethereum/comments/4mcebn/an_open_call_for_a_new_discussion_on_gas_prices/
I'm anticipating a sort of "trap" where the clients will become more efficient and market fees will be implemented, transactions will become dirt cheap, then a single app gets a tiny bit of "real" exposure and there is massive chain congestion. This kills some apps.
Will sharding save the day?
Edit: Here's some context for why it's relevant: https://steemit.com/steem/@au1nethyb1/ethereum-co-founder-launches-steemit-competitor--akasha#@dantheman/re-au1nethyb1-ethereum-co-founder-launches-steemit-competitor--akasha-20160503t143228401z
This is specifically not a problem for steem, steem was designed with these specific constraints in mind.
I can't downvote toast, no matter what tags he uses. ;)
Downvoted for wrong tags. It's not #steem or #steemit only because you post it here.
this.
Here's some context for why it's relevant, I'll edit it into the OP: https://steemit.com/steem/@au1nethyb1/ethereum-co-founder-launches-steemit-competitor--akasha#@dantheman/re-au1nethyb1-ethereum-co-founder-launches-steemit-competitor--akasha-20160503t143228401z
This is specifically not a problem for steem, steem was designed with these specific constraints in mind.
So.. #Steemit is Akasha Competitor? How So, when Steemit is not Blockchain bound? or #Immutable? It is logged in from the user access interface with Reddit or FB. The whole Akasha mission is to end-run this whole precept isn't it? Steemit is monetizing upvotes and influence from Ether and BtC currency or Earning Crypto from curration...
What have I missed here... Steemit is not a BlockChain artifact or a sidechain artifact. It's a Reddit or FB privatized monetized clone... Not a bad thing but not a decentralised thing either... Thoughts?
It may seem like that, which is great - users don't need to be reminded about the backend all the time. But really, steemit is just a GUI for the steem blockchain. Steemd.com is another one, more to follow.
You can edit and delete posts, but the old data always resides on the chain and can be checked by anyone.
Account creations on steem require an inintial funding. The steemit guys pay that for new users, the Facebook/Reddit connection is just to prevent multiple signups. Anyone can create accounts with the local client and by mining.