I think there's a 20 second limit to fight with spam. It's easy to create hundreds of accounts and use bots to spam the whole platform with millions of comments if there was no limit. It's a decentralized platform and nobody can actually delete or suspend your account, nor can anyone delete your comments or posts, so that's why there's a limit.
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Right, but the actual bandwidth that you are allowed to post to the blockchain is limited by the amount of Steem Power that you have. The 20 second limit is an additional limit on top of that, which in my experience is always the limiter and not the actual bandwidth limit. The idea was supposed to be that accounts with more Steem Power can post more often (which makes spam expensive), but in practice I think pretty much everybody is limited by the 20 second limit, which kind of makes the other irrelevant in many cases.
Yeah, but for example, a spammer could have a lot of SP, he could create hundreds of accounts and delegate SP to each account, thus removing the bandwidth limit and then successfully post thousands of comments every 10 seconds.