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Prefix/suffix additive for Wallet names.

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urun
@urun
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3 min read

After I mention it on Twitter from time to time, now it's on Hive also in a more detailed version :)

The Problem

There was since the start of Steem/hive the problem with onboarding and wallet addresses.

In general, it's clear. You cant delete Wallets, so you need to be sure that nobody makes 1 million and block all names or spam around with it.

Names and resources are limited, so names need to cost something.

Your name is Bob, and Bob is already taken, you can take Bob1. That's a solution but wouldn't help against spammers if Wallets are free.

So what we can do? Nobody wants to pay 3 Hive for onboarding and Tickets are not that easy to use to onboard masses.

Now we come to Prefix suffix wallet additive.

For Example:

Leofinance, 3speak, or Splinterlands (or another Dapps) pay one Time a fee to get a special privilege to onboard users. It can be 5000 Hive/HDB or whatever to @null.

Now onboarding for their Dapps becomes cheaper.

0.1 Hive instead of 3 Hive.

But every User they onboard with the cheaper price gets the prefix additive to their wallet name.

prefix=Leo.Bob or suffix= Bob.leo
prefix=Splinter.Bob or suffix=bob.splinter prefix=3speak.bob or suffix=bob.3speak

With that, we would enable Dapps to onboard at a reasonable price.

So Wallets without prefix or suffix would some kind of Premium Wallet. They cost 3 Hive or RC.

There can be stages:

5000 Hive burn = 10k tickets/month // 333 Tickets/day 10 000 Hive burn = 22k tickets/month ..... and so on.

Stages would make it more valuable + it's some kind of abuse prevention. Also, it adds some Fomo to do it. 10cent Hive makes it cheap to burn it for the privilege.

Longterm Influence for Hive:

  • Some Hive gets burned because of the onboarding privilege. It gives Apps for freedom to onboard more flexibility. And that would add a big synergy.

  • If Hive is cheap / onboarding is also cheap. At this price, it would be 0,01$ /wallet with a prefix/suffix. So it's more of a self-fixing system.

  • Infinite Names.

Btw, 3 Hive sucks on higher prices. 10$ Hive would be 30$ for a wallet or RC.

But what is with RC Tickets?

There are not useless. Because to get some Premium-Name you have to pay the 3 Hive or use an RC Ticket. To make them tradeable would add even more synergy to the onboarding process.

If the price becomes higher, tickets become a good alternative/ add on for the onboarding process.

I also think some people love premium names.

Why we need it?

The last Bullrun it was not possible for Steemit to onboard all users in a short period of time, that want an account.

That was a huge problem because some of those wallets need up to 2 weeks. Nobody wants to wait 2 weeks. It must be instant.

After that Steem got a self-made bad image for user experience.

I think on Hive, we don't want that.

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So if the demand goes again really high for Wallets, we should be able to create those wallets.

I don't talk about 10k or 100k. It must work for 1M+. ( it would also burn a lot of Hive with 0.1 per Wallet)

back to the Reason why we need this.

To onboard for example some larger Facebook, Reddit, Twitter, or Youtube communities we would need a speed-up process.

And if some Youtuber call out " Hive is fucking Amazing, everybody should use it" or " look my Pewdiepie Token, it's so cool you can get it on Hive". The demand would increase so massive.

    To be able to cover masses, we would need some version of it.

Also if some Gaming app onboards Users, if a game goes viral, its never should get onboard problems or Hive looks like a bad solution and not Web 3.0

Onboarding must be efficient. That's why some sources should be able to onboard mass users. That's all the time more efficient as only a decentralized Ticket system.

@leofinance something close to your idea? let me know :D

What's your opinion about that? Would Hive benefit from it?

Posted Using LeoFinance Beta