RAM-The only Bancor protocol in the currency circle
Old people in the currency circle have all learned about the Bancor protocol. RAM is the Bancor protocol adopted, which is a revised version and is used as a protection protocol for the EOS security system. RAM is a resource of the EOS public chain. When someone tries to launch a saturation attack, a large amount of computing resources, that is, RAM, are required. At this time, RAM will become very expensive, 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, someone discovered the value of RAM. It only took 13 days to increase from 0.017 to 0.9, which led to the EOS account registration fee being too expensive (registering an account requires RAM), and there were complaints. Only then did they pass the additional issuance of 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 has decided through community voting to stop issuing more and never issue more. RAM has started 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.
On March 16, the RAM transfer proposal has been passed. The RAM tokenization proposal has been submitted, and the token name after passing is WRAM. RAM will soon be traded on centralized exchanges. Looking forward to RAM on exchanges.
