C’mon! This is possibly the most important update! I truly believe Steemit has been holding back on other major improvements until this problem was solved, because it would be useless to build an amazing site & system that no one could use. 

Think about it this way. There are roughly 250 million Steem in existence. Up until this time, new accounts have needed roughly 15 SP in order to have bandwidth access that would enable a reasonable user experience. Let’s say we could even knock that down to 10SP. That means we had a cap of 25 million users, and that’s only if everyone divested their stake so we would all have just 10SP! More accurately, with Steemit Inc. shouldering all the account creation delegations from their available stake, we would currently buckle under the weight of 5-10 million user signups... which is a lot for Steem, but a drop in the bucket for major sites and networks.

This move to the resource credit system is hopefully unlocking us to mass adoption at last. HF20 may be unglamorous, not a lot to see... but it’s very exciting “under the hood.”