EOS RAM-The only Bancor protocol in the currency circle
Old people in the currency circle have all learned about the Bancor protocol, which is an international unified currency theory proposed by economist Keynes, which is better than Hayek's free currency theory. The Bancor protocol adopted by RAM is a revised version and is used as a protection protocol for the EOS security system. RAM is the memory resource of the EOS public chain. When someone tries to launch a saturation attack, a large amount of memory resources, that is, RAM, are required. At this time, the price of RAM will rise sharply, causing hackers to be unable to afford it and the attack will fail. It is such a security protocol that EOS enthusiasts have discovered an investment opportunity. Because RAM is originally a computing resource on EOS, it naturally has investment value. Any project that wants to use this public chain needs to occupy a certain amount of RAM resources. This makes RAM a rigid demand.
In 2018, when EOS was just launched, some people discovered the value of RAM. It took only 13 days to increase from 0.017 to 0.9, which led to the high registration fee for EOS accounts (RAM is required to register an account), which caused complaints. Only then did they approve the issuance of additional RAM. Those who hyped RAM left, but EOS also slowly fell from the third place to outside the top 100.
Learn from the pain. Six years later, RAM passed a community vote and unanimously decided to stop issuing additional RAM and never issue additional RAM again. RAM began to rise again.
The glory of RAM, the glory of EOS, and the glory of EOS will reappear.
The popular SOL is just a castrated version of EOS.
The RAM tokenization proposal was passed in April, and the token name after passing is WRAM. RAM will soon be traded on centralized exchanges, and everyone can encapsulate their own RAM into WRAM. I look forward to WRAM on exchanges. After all, many people don’t use EOS wallets. RAMS is a token that can participate in BTC l2 dividends, and it is also minted with RAM. BRAM is a RAM package product made by Dabao, a leading Defi on EOS. Its advantages include market making, mining, and mortgage. If you want to get RAM in advance, you can join the community. Friends in the community will teach you how to use the wallet and how to trade RAM. Perhaps, we can help Keynes realize his dream. Telegram group: ramtomoon
