EOS RAM: A Glamorous Transformation from a Data Storage Center to a Financial Center
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EOS RAM: A glamorous transformation from a data storage center to a financial center
EOS (Enterprise Operating System) has become a highlight in the blockchain field since its launch, with its high performance and flexibility. Within the EOS ecosystem, RAM (Random Access Memory) has always been one of its key components. However, with the development of blockchain technology and the maturation of financial markets, EOS RAM is undergoing a glamorous transformation from a data storage center to a financial center.
The initial role of EOS RAM
In the EOS ecosystem, the initial role of RAM was as a resource for storing smart contract data and account information. Developers need to purchase a certain amount of RAM when deploying smart contracts to ensure that the contracts can run properly. With the increasing number of DApps (Decentralized Applications), the demand for RAM has gradually risen. However, due to the inaction of EOS's founding company and a lack of effective support for the ecosystem, EOS's DApps went from a flourishing state to ultimately leaving less than a handful, leading to an excess supply of RAM and a continuous decline in its price.