Bandwidth system worked fine for me since day one. It allowed for spam and that needs to be checked. Thr are lot of ways to do that. Question is, are resources being consumed to the level that legit user is not able to transact and answer is no. We have ample of resources. Why ration something that is not scarce?
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I think, for now it might not make sense on the surface and of course will require a bit of tweaking to find that sweet spot, but down the road we'll be thanking ourselves for dealing with this stress now rather than the problems later.