During this period, RAM was dumped by big investors in a boiling frog-like manner, which made retail investors feel cold and scolded in the RAM group. There is still more than a day left in August. I don’t know whether the original promise of Chicken Gold Club and Brother Qiang can be fulfilled. If they can be fulfilled, EOS can still be saved. If not, it is estimated that EOS will never rise again. Let’s wait and see? #btc #defibox #eos #ram
Discover #exSat's hybrid consensus mechanism — a unique combination of Proof of Work (PoW) and Proof of Stake (PoS).
This approach maintains #Bitcoin's proven security from PoW and enhances it with PoS, adding additional layers of consensus and security for complex transactions across networks.
Employing this consensus mechanism extends #BTC's data consensus, amplifying $BTC's value proposition 这段时间eⅹSat的宣发很密积,且测试网已上线,要能成功,相信到时质押的RAM会有不错的分红! #btc #eos #defibox #ram
#exSat is a groundbreaking docking layer designed to solve Bitcoin's inherent scalability and interoperability challenges. By providing a data availability layer and decentralized indexer, exSat expands BTC's capabilities, improving scalability, security, and interoperability within the ecosystem. This approach enables Bitcoin to seamlessly integrate with a variety of layer 2 solutions, providing a powerful platform for smart contracts and complex business logic applications. https://x.com/exSatNetwork/status/1816114832556409141?t=lkMcyw8fmCouH-PHStxoUQ&s=19 #btc #ram #eos
exSat uses RAM as the BTC metadata storage layer to create a secure, flexible, stable, and decentralized data availability layer (DA). This case study analyzes how this powerful combination can achieve mutual empowerment and release the value of the blockchain ecosystem.
1. exSat is developed on RAM, and the test network will be launched at the end of July In previous articles, we explored in depth why exSat is the nuclear fusion engine of BTC. Now, we further explore how exSat uses RAM to provide efficient and secure BTC metadata storage, enhance the market value of RAM, promote technological innovation, and reflect its powerful performance and resource scarcity.
(1) exSat consumes 27% of the total RAM, greatly improving its scarcity and market value RAM provides a complete and mature solution for exSat's decentralized indexing, creating a flexible and efficient BTC data availability layer. The implementation of the exSat project requires at least 108G of RAM, accounting for about 27% of the total, to store a large amount of BTC UTXO metadata. This directly increased the demand for RAM, stimulating market activity and transaction volume. Further operations will continue to consume RAM.
With the cessation of RAM issuance in December 2023, the total amount is locked at 390G, becoming a "non-renewable resource" and growing 85 times in six months. This may just be the beginning, as the large-scale BTC nuclear fusion engine - exSat - is about to start.
RAM price trend (2) exSat realizes "staking RAM, mining BTC" and airdrops to early RAM participants Since the exSat network will "mirror" BTC mainnet data and use BTC to pay the exSat network gas fee, it rewards users who provide RAM rental resources, thereby realizing the concept of "staking RAM, mining BTC", which is currently only available on exSat.
In order to ensure that the project has 108G RAM and starts smoothly, the exSat network launched a "60,000 USD RAM staking airdrop event". Considering the huge market that exSat brings to BTC applications and the incentive of "staking RAM and mining BTC", this is good news for early RAM holders.
(3) exSat demonstrates the excellent performance of RAM and leads the development of more large-scale projects The implementation of the exSat project will promote RAM-related technological innovation and resource optimization:
Many people said some time ago that RAM has increased too much and they dared not buy it because they were afraid to take over and afraid that it would not increase. Now there is another chance. RAM is backing up to pick you up! #btc #e os#defibox #ram
The @EOSNetworkFDN has launched a significant staking initiative worth 250 million $EOS to incentivize users and enhance network participation.
This program includes a revamped rewards system with an annual yield exceeding 60% for early stakers and a daily distribution of 85.6K EOS.
The lock-up period for staking has been extended from 4 to 21 days, and EOS Block Producers will receive additional fees from network-generated activities. #eos #defibox #ram
#exSat rents RAM on EOS to store BTC layer 2 information. Starting from July 6, you can deposit RAM into it. When 108g is stored, you can use RAM to mine BTC. I just don’t know how much the annualized return will be. #EOS #RAM #defibox
The EOSFoundation is "cheating" again, tricking us into buying RAM and then saving RAM to mine BTC. Is this a good thing? Would you believe it? Tell us what you think. https://x.com/EOSFoundationCN/status/1807964451225887112?t=-OTWlkZT_PEo2uGR07N56A&s=19 #eos #defibox #ram
Why did the rubbish yule, which is generally recognized by the cryptocurrency circle, become popular again recently? I found out that they are selling RAM. Is it another scam? Are you afraid? Tell us what you think! #eos #defibox #ram
The foundation's 3,500,000 has already bought a portion of RAM, and there will be 18 more purchases to come. The amount of EOS purchased each time is shown in the table. According to this calculation, even if no one buys RAM now, RAM will double after the foundation buys all of it. In this bear market, there should be very few currencies with such a significant increase, right? #eos #defibox #ram
There is no risk of running away for RAM in $eos Why is there no bagholding in the Bancor algorithm used by RAM?
In traditional financial markets, bagholding is a common phenomenon, especially in speculative markets. When asset prices continue to rise, investors flock in, hoping to profit from further price increases. However, when market sentiment reverses and prices begin to fall, early investors usually flee in time, while those who enter at high levels may become "bagholders" and face large losses. This phenomenon not only increases market instability, but also makes many investors lose confidence in the market.
However, in the Bancor algorithm, this bagholding phenomenon is effectively avoided. The Bancor protocol is a decentralized liquidity solution that automatically adjusts the supply and demand of tokens through smart contracts and algorithms, ensures market liquidity, and greatly reduces the risks brought by price fluctuations.
The Bancor algorithm eliminates the phenomenon of "bagholding" in traditional markets by introducing automated liquidity and pricing mechanisms, providing investors with a more stable and fair trading environment. This not only improves the overall efficiency of the market, but also enhances investor confidence and helps build a healthier and more sustainable financial ecosystem.
Therefore, RAM is the safest, most transparent, fairest and most advanced financial product in the world, without a doubt. #eos #defibox #ram
$eos new economic model Only by playing a brand new track in the currency circle can you really make money. RAM is a brand new track. Under the background of strong global supervision of blockchain token projects, this brand new track is particularly eye-catching. 1 It is not a token, and there is a legal loophole. 2 It is a system resource, and it is actually consumed by applications. It is not like a dog speculating in the air. 3 Its market value is still very low, and it is worth getting involved at this stage. 4 The total amount is fixed and deflationary, buy 1kb and lose 1kb. #eos #defibox #ram
Economic model of RAM resources EOS is the base of DAPP. When you build a project on EOS, it will consume resources, that is, RAM. Many people will say it is really troublesome when they hear this. In fact, what is consumed on other public chains is the handling fee. This is to ensure the security and efficiency of the public chain. If it is free, the public chain will soon be attacked and cannot be used. If your project is a small game built in the early stage, RAM was very cheap at that time, and your project was also profitable. But with the increase in RAM, the profit of your small game can no longer support the RAM consumption. At this time, you can close your game, and the RAM you occupied before will be released again. It's like you bought a piece of land in the early stage of a city's development and built a food factory. With the development of the city, the profit of the food factory is not as cost-effective as renting it out. You simply close the factory and rent it out to others. Or sell it and do something more profitable. RAM is like this. You can use it for yourself or rent it out. We hope that entrepreneurs can plan ahead so that they can be prepared for possible projects in the future. The total amount of RAM is 390g. Now part of it has been permanently occupied, part of it has been bought by everyone, and part of it is used to build a second layer for Bitcoin, leaving only about 40g. #eod #defibox #ram
Why do people always hold on to $eos? Anyone with eyes can see that although EOS has fallen, the increase in RAM is not big? Can't it offset the decline in EOS? Can't RAM be exchanged for EOS? Is it meaningful to just blacken it for the sake of blackening? #eos #rom #defibox
CX killed the cat, can such cx come more often? Everyone says cx killed the cat, but I hope this kind of cx will come more often. In December 2023, I saw many people in the EOS community saying that the resource ram on c#E0Swill stop issuing more. Go buy it quickly. At first, I didn’t believe it and didn’t understand what ram was. In addition, I was killed by zjp on EOS before, so after seeing these cx, I felt that this was another wave of harvesting. But there have been people in cx for a period of time, so I found some media to understand what ram is. After understanding it, I felt that ram is not like zjp, but has real applications, and I also think that there should be a lot of room for appreciation, so I bought the last remaining 100 EOS when the price of ram was 0.021eos/k. After half a year, it has now increased by about 50 times. I think this kind of cx has been rising for half a year and it is rare in the whole network! So why not take a gamble? #eos #ram #defibox
There are several features about RAM that you need to know! 1⃣️What is RAM? RAM is a regular storage space in the EOS memory database. In the EOS network, developers mainly use RAM to store data used in the startup and operation of DAPP, and can also be used to create new EOS accounts, etc.!
2⃣️What is unique about RAM? RAM comes with genes 🏫Scarce land 💰Super DEFI 💫Constant total amount ⚡Deflationary properties 🦄Built-in pull-up 🔏Highest security 🌹Not a token 👮♂️Compliant and legal The RAM economic model unique to the EOS system cannot be imitated by other chains
3⃣️What is WRAM and what is its relationship with RAM? RAM=real gold WRAM=system-level tokenization RAM=WRAM
4⃣️What is the conversion of RAM units? 1GB=1024MB 1MB=1024KB 1KB=1024B (one byte) The smallest unit of RAM
5⃣️How to register an EOS account wallet? See the group announcement for a detailed tutorial on registering an EOS wallet Registering an EOS account requires RAM. Each account requires about 4KB of RAM. Choose the number of EOS to withdraw according to the RAM price. Currently, 5 EOS are enough to register an EOS wallet. The system will automatically buy RAM for you if there are extra EOS
6⃣️What is the future value of RAM? As a key component of the EOS blockchain, the future value and prospects of EOS RAM are closely related to the development of the entire EOS ecosystem. EOS RAM plays the role of storing memory database resources in the EOS ecosystem, which is essential for the development and operation of DApps. As the number of decentralized applications in the EOS ecosystem increases, the demand for memory resources will continue to grow, which will directly drive up the demand for RAM.
7⃣️Why is EOS not rising at present when RAM has risen? EOS needs to look back. When the RAM ecosystem is fully activated, the EOS system will need a lot of RAM. At this time, EOS will continue to enter RAM, and the circulation of EOS will decrease. EOS will rise even if it does not pull up! And because RAM is deflationary, the EOS entering will also be diluted by the RAM consumption. EOS will also enter a long-term deflation era, and the price will rise!
How do you view the official purchase of RAM? The official will soon use 35 million EOS to buy RAM, and the price of RAM will skyrocket. The proposal has been passed. Many people don't understand why the official gives money to the community, and even worry that someone cashing out will cause the price of EOS to fall. The official purchase of RAM is to do L2 for BTC. This project requires 106G, and now there is only 40G on hand, and there is still a lot of shortage. The 40G is still crowdfunded by RAMs. This purchase is not enough, and there is still a gap. Then rent the RAM in everyone's hands. As for the specific purchase method, it has been made clear that it will be divided into many batches. Yesterday, the foundation and Brother Qiang had already bought it. #eos #ram #defibox