梦小智

Break free from the late-stage defects of the Bancor mechanism through WRAM, helping the RAM market to shine again

Converting RAM into WRAM injects new vitality into the RAM market and provides an innovative solution to address the late-stage defects of the Bancor mechanism. By transforming RAM assets into WRAM and allowing free trading on exchanges, this model brings multiple advantages to the RAM market:

1. Escape the issue of insufficient liquidity in the late-stage Bancor mechanism
Under the Bancor mechanism, RAM transactions may experience severe price fluctuations due to insufficient liquidity, affecting user experience. WRAM, through the free matching trading mechanism of exchanges, gathers more buyers and sellers, greatly enhancing market liquidity and effectively alleviating price fluctuation issues.

2. Eliminate the troubles of price opacity
Bancor algorithm pricing may fail to reflect real supply and demand in times of severe market volatility. WRAM's market pricing on exchanges is more transparent, with prices directly determined by supply and demand relationships, allowing users to better understand asset value and make informed decisions.

3. Lower trading thresholds to attract more users

By converting RAM into WRAM, users can more easily participate in RAM market transactions, avoiding the complexities of algorithmic pricing mechanisms, expanding the market's participation base, and attracting more new users.

4. Promote sustainable development of the ecosystem
The WRAM trading model endows RAM assets with higher liquidity and flexibility, avoiding the locking and inefficient use of resources, helping to build a healthier ecosystem for the RAM market and bringing more quality projects and developers to the EOS chain.

Break free from the shackles of the Bancor mechanism and embrace the new model of WRAM free trading, allowing RAM assets to rejuvenate. Participate in WRAM and push the RAM market towards a more prosperous future!

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ramtomoon

The RAM of #EOS is a resource used on the blockchain network to store smart contracts and account data, with its smallest unit being a true byte. This means that any content that needs to be stored on the EOS network, whether it's the code of a smart contract or user data, will consume RAM resources in byte units.

Although in the EOS ecosystem, 'RAM' typically refers to storage capacity, it is fundamentally different from cryptocurrencies like 'Bitcoin' (BTC). BTC is a cryptocurrency used as a store of value and for payments, whereas EOS's RAM is a unit of resource for storing information on the blockchain.

However, from a certain perspective, EOS's RAM can also be likened to a 'byte coin' because its scarcity and demand will influence its market price. RAM in the EOS network is a valuable resource, and the market supply-demand relationship determines the price of RAM. If there are many developers and users needing more storage space, the price of RAM will increase with rising demand. Thus, RAM, as a digital asset, also possesses certain economic attributes.

In summary, the smallest unit of EOS's RAM is a byte, and from an economic perspective, it also has characteristics similar to a 'coin', but its function is different from that of cryptocurrencies like Bitcoin.
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ramtomoon

#AntPool has joined the #exSat mainnet as a validator node. This collaboration brings together exSat's innovative approach to solving #Bitcoin's limitations with Antpool's established influence in the #BTC mining ecosystem. This collaboration represents a promising step towards solving some long-standing challenges in the $BTC ecosystem, potentially paving the way for a more efficient, secure and connected blockchain network. Antpool is one of the largest and most influential Bitcoin mining pools in the cryptocurrency industry. It offers miners the opportunity to combine their computing resources to increase their chances of successfully mining a Bitcoin block and earning rewards. With its global reach and reliable reputation, Antpool has played an important role in shaping the Bitcoin mining landscape, contributing to the network's security and decentralization efforts.

#BitTrade has joined #exSat mainnet as a validator node. This collaboration between BitTrade and exSat aims to enhance the functionality of #Bitcoin . It will achieve more efficient and secure transactions as well as complex smart contracts. As a data validator, BitTrade will help maintain the integrity and efficiency of the exSat network. This collaboration is a key step towards creating a more scalable and interconnected #BTC ecosystem. Founded in 2016, BitTrade is one of the first licensed cryptocurrency exchanges in Japan. BitTrade is known for its secure and user-friendly platform and has been at the forefront of the Japanese cryptocurrency market. With a robust financial product portfolio that includes interest-bearing deposits in $BTC, BitTrade has become a trusted and influential player in the cryptocurrency industry.

0.1 #BTC campaign extended for one week
How to participate in #exsat
- Stake XBTC test coins to get XSAT test coin rewards
- Use your wallet to log in to the Galxe or Zealy event to qualify
Who will win
- The top 20 XSAT test coin holders are eligible for rewards. The person with the highest number of XSAT test coins will win. The prize distribution will be proportional to the number of XSAT test coins.
- Snapshot time: November 6, 11:00 pm (UTC time zone)
Notes‼ ️
- The BTC rewards obtained will be issued to the wallet address holding XSAT test coins.
- Points on Galxe cannot entitle you to any rewards. This event is based entirely on actual XSAT test coin holdings
- Leaderboard: https://docs.google.com/spreadsheets/d/1YJJNyMy84cc7SiNOcjE9Dkbz09nDqvetPl8Jbp_gB3w/edit?usp=sharing
- The current top winner will receive 0.041 BTC, which is over $2.9k at current prices

The #ExSat network uses a decentralized consensus mechanism that combines PoW (Proof of Work) and PoS (Proof of Stake) to ensure the synchronization and security of the network. All code and data related to the consensus are open source, which means that anyone in the community can audit and verify it.
By parsing block data from the #比特币 block through smart contracts, ExSat is able to map and track all Bitcoin-based assets, including UTXO (Unspent Transaction Outputs) and assets from protocols such as Ordinals and Runes. This approach creates new opportunities for decentralized applications (DApp) based on Bitcoin and promotes further development of the Bitcoin ecosystem.

The #ExSat network, with its unique RAM mechanism, has successfully expanded the #BTC network. The ExSat network is like a huge towering tree, with RAM as its thick roots deeply embedded in the ground, providing continuous and strong support for this tree, allowing it to stand steadily. The prosperous ecology of the network is like lush and flourishing branches and leaves, swaying in the wind, showcasing limitless vitality and energy. This tree is growing robustly, like a vibrant young person, and in the future, it will surely become even more prosperous and grow into a strikingly lush forest!

#BTC The 2.0 revolution has begun! 🎉Thanks to #exSat , a new era of Bitcoin has arrived, allowing #比特币 miners to thrive with more opportunities. Many miners have joined to ensure the future of BTC! This new stage of development has injected new vitality into the Bitcoin ecosystem, creating more opportunities for the majority of miners and helping them achieve greater success in the Bitcoin field. With the active participation of more miners, the future of Bitcoin will be brighter, bringing greater development space and potential to the entire cryptocurrency industry. Let us look forward to the prosperity and development of Bitcoin together and welcome more exciting moments!

The test network battle #exSat is still ongoing. Complete tasks and earn points to climb the leaderboard in the #exSat battle of #BTC ! The top 20 wallets at the end of the event will share a 0.1 BTC prize. This competition will end in 3 days, on October 30, 2024. Learn more about the participation steps and secure your spot on the leaderboard to win your share of the prize. Join now: https://zealy.io/cw/exsat/invite/kuNwVIJWV77St_cedlLnx

#exsat mainnet is now available! Innovation and opportunity coexist. For a time, all major communities were excited, and the discussion was heated.

This is not just a simple new project launch, it is a bold and brand-new attempt. They raised 20 million US dollars on their own, and did not engage in financing at all. The token was launched fairly without pre-mining, which is rare in the industry. In addition, 20% of the node income will be used for the team's community building, which shows how sincere and responsible it is.

Let's talk about its technological innovation. Exsat adopts a dual consensus mechanism, integrating PoW and PoS, and also maps the full chain data of #BTC . This has caused a lot of discussion. On the positive side, this integration may allow the system to have both the security and decentralization of PoW and the high-efficiency and energy-saving advantages of PoS. With the help of BTC's full chain data, it may be able to gain a foothold in the market faster.

The total locked value (TVL) of #exSat exceeds $281 million, making it one of the largest projects in the #比特币 ecosystem. After announcing a partnership with Matrixport at Token2049, the TVL is expected to continue growing. Matrixport has committed to invest 5,000 to 10,000 nBTC into the network. Additionally, Matrixport will assist in dApp development to help launch the exSat ecosystem.
By mirroring Bitcoin's UTXO data on-chain, the network is able to create a decentralized UTXO index for Bitcoin. This breakthrough enables BTCFi to expand Bitcoin's utility while maintaining trust and security, unlocking the emerging potential of the ecosystem.
For more information about the launch of the exSat network and the latest developments, please visit exSat Twitter and website.
About exSat Network
exSat is dedicated to addressing the scalability and interoperability challenges of Bitcoin. By implementing a data consensus expansion protocol that combines Proof of Work (PoW) and Proof of Stake (PoS), exSat aims to enhance data consensus, scalability, security, and interoperability within the #BTC ecosystem.

Congratulations, the mainnet of #EXSAT is officially launched.
Last night at 9 PM, the exsat mainnet was officially launched! Everyone is discussing it, so pay attention, the hype is high!
The exSat project has raised $20 million through crowdfunding, adopting a fair launch mechanism to ensure no pre-mining. 20% of node rewards will be used for the team's community building, demonstrating the project's transparency and sense of responsibility.
exSat is not just the birth of a new network, it is an important step towards achieving the scalability and seamless integration of decentralized applications (DApp) for #比特币 . exsat adopts a dual consensus mechanism, integrating PoW and PoS, and maps the full chain data of #BTC .
Everyone can visit the exSat mainnet for node registration, and retail investors also have staking channels. Please continue to follow the subsequent developments of this project.

Official website link: http://exsat.network
Official Twitter:
@exSatNetwork

The mainnet launch of #exSat is imminent! October 23 marks a new journey!

These validating nodes include Antpool, F2pool, Spiderpool, OKX, biget, hashkey, cactus, chainup, everstake, Xinhui Technology, Antalpha, and many other seasoned institutions and several whale holders in the industry.

The project aims to extend the on-chain consensus of #比特币 through a dual consensus mechanism of POW+POS and create a real-time on-chain structured database of #BTC to support interactions and development needs with the native chain.

Its governance token #XSAT follows the principle of fair launch, being fully allocated to community builders, with no team reservations and no pre-mining. It is reported that the nodes will distribute 20% of their earnings to the exSat Foundation in a donation manner, as a contribution to the community.

Large Infrastructure Project #BTC #exSat is set to launch on the mainnet on October 23. It is reported that the exSat project team adopts a fair launch token issuance method alongside the mainnet launch, and the governance token XSAT will also be released in sync with the mining of BTO, with no pre-mining or team reserves.
According to the official white paper, a total of 21 million tokens will be released, with 50 XSAT produced per BTC block. Moreover, the token economics of exSat incorporates a halving mechanism that halves every 210,000 blocks.
The exSat Foundation will receive tokens donated by nodes through a Donation process, which will be written into a smart contract, creating a brand new node management model. According to insiders, the Donation proportion can be set by nodes between 10%-30%, and will directly reflect in the community contribution value on the mainnet.

#exSat Pioneer Program officially started, participate in the test network, and get #btc bounty.
exSat will be officially launched on October 23, and there are only 2 days left before exSat is officially launched!
[Get bounty BTC] Participate in the test network, quickly familiarize yourself with the exSat operation process, and get bounty BTC
Click the link to experience it immediately, the event link goes directly to: https://zealy.io/cw/exsat/invite/kuNwVIJWV77St_cedlLnx

#exSat takes a different approach by building a docking layer for #BTC to directly establish efficient connections between the Bitcoin main chain and multiple Layer 2 networks. This approach not only improves the scalability of the ecosystem, but also enhances compatibility and interoperability. exSat's architectural design breaks through the technical bottleneck of the traditional Bitcoin network in scalability and provides a more efficient and comprehensive solution. It improves the efficiency of data management and processing by combining Bitcoin's UTXO system with a decentralized indexing system. exSat also introduces EVM compatibility, supports smart contracts, multi-chain compatibility, and decentralized indexing, injecting more application scenarios into the Bitcoin ecosystem and promoting the widespread application of Bitcoin in DeFi, GameFi, NFT and other fields.
#Unisat is committed to providing infrastructure services in the Bitcoin ecosystem, especially around Ordinals and BRC-20 protocols. It provides users with functions such as minting and trading through open source Bitcoin wallets and related tools, and has achieved a leading position in this field. Unisat also plans to further improve the infrastructure, bring more native experiences, and communicate and cooperate with exchanges on technology to support the standardization and ecological development of BRC-20.

#exSat Officially launch the <Pioneer> community incentive event. Participate in community activities and share Bitcoin #BTC
[Event link] https://zealy.io/cw/exsat/invite/kuNwVIJWV77St_cedlLnx
[Reward distribution]
1. Complete a single task to get the corresponding points.
2. The total bonus pool is determined by the accumulated points of the community completing tasks, and the BTC rewards are divided according to the proportion of points obtained by completing tasks.
3. Complete each single item to get the corresponding points. Only when the accumulated points exceed 100 points can you participate in the redemption.
4. The points pool is cleared monthly, and the points that are not redeemed in the current month cannot be carried over to the next month.

#exSat Pioneer Program officially started, participate in the test network, and get #btc bounty.
exSat will be officially launched on October 23, and there are only 6 days left before exSat is officially launched!
[Get bounty BTC] Participate in the test network, quickly familiarize yourself with the exSat operation process, and get bounty BTC
Click the link to experience it immediately, the event link goes directly to: https://zealy.io/cw/exsat/invite/kuNwVIJWV77St_cedlLnx

#XSAT is the passport to the future of Bitcoin! As the core token of the#exSatnetwork, XSAT solves Bitcoin's scalability and interoperability problems through a revolutionary PoW+PoS hybrid consensus, pushing Bitcoin from 'digital gold' to a new stage of global payment and decentralized finance. XSAT is not only used for verification, staking and governance, but also brings rewards and participation opportunities to synchronizers, miners and BTC holders in the network. XSAT has no pre-mining and pre-allocation, and fully follows the fair launch model to ensure transparent and fair participation in the community. Through XSAT, all participants can share the dividends of Bitcoin's ecological growth and promote the next wave of blockchain technology! Whether you want to earn income through staking or participate in the future of the network through governance voting, XSAT is the key to enter the new world of Bitcoin. Don't wait any longer, join exSat and witness this transformative technological revolution!
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#区块链 #比特币