EOS RAM is an important resource in the EOS network. Its main features are as follows:
Fundamental: Among the EOS network system resources, RAM is considered the most basic resource1. Whether you are storing EOS account information, transferring money, voting, or performing other mortgage operations, you need to use RAM resources. Even establishing an EOS account also requires RAM resources. Without RAM you can't do anything.
Scarcity: RAM is one of the scarcest resources in the EOS network. Since RAM can only be obtained through purchase and not through mortgage, the supply of RAM on the market is relatively limited.
Liquidity: The price of RAM follows market supply and demand. The more people buy, the higher the price of RAM. This means that RAM has a certain degree of liquidity and its price will fluctuate with market demand.
Unit and design: The unit of RAM is KB, and its trading adopts the design of Bancor algorithm, which is a self-regulating algorithm that can maintain the stability of RAM prices.
Consumability: Each transaction consumes RAM. This means that some RAM resources are permanently consumed, so the total amount of RAM is not fixed.
Purchase method: The purchase and sale of RAM are completed through the eosio.ram account of the eos system. This account is a bit like a store in real life, responsible for managing RAM transactions.
