Huaqiang, the lab manager of #eos , explained: Why did #exSat activate Eos?
Use the logic or perspective of BTC to understand exSat (forget some logic on ETH or EOS first, otherwise it is easy to confuse). The token of exSat can only be obtained through mining, 21 million, synchronized with BTC, and halved every 210,000 block height. There are two ways to participate in mining: access the BTC mining pool that supports exSat, and pledge BTC to the Validators you trust or are optimistic about.
EOS is the underlying operating system for exSat. The operation of exSat requires payment to EOS (rental of CPU/NET/RAM)
The gas fee charged by exSat is BTC, so there is a process of purchasing EOS with BTC in the process of paying fees to EOS
If the application layer on exSat needs more storage space, it also needs to rent or purchase more RAM from the EOS bottom layer, and the fee paid is also BTC
So as long as exSat develops, a large amount of foreign exchange (BTC) will flow into the EOS ecosystem and purchase EOS.
Eos believers will usher in the great Eos era after 7 years of waiting!
