What can RAM be used for?
RAM is a cache resource on the EOS public chain, similar to the gas fee function on ETH. If you want to build applications on EOS, RAM is an indispensable and precious cache resource. Currently, the game that occupies the most RAM is UPLAND. According to the data on the chain, it has been continuously buying RAM. The number of users of this game has reached one million, and the audience is mainly in the economically developed areas of the United States and Europe.
This is also because RAM has been increasing before, no one speculates, and it is relatively cheap, so such games will grow. When RAM becomes expensive in the future, I predict that this game may die because it cannot afford the RAM fee. However, this is not a bad thing. Why? Because RAM has a more important use, that is, finance.
Why is BTC so popular, so slow, and still very popular. Because it provides an open and transparent ledger. This is what all finance needs most. The core department of every large company is the finance department. Because it is not transparent, it needs various audits. BTC is transparent and everyone can see the ledger. The same is true for RAM. It is open and transparent, and faster than BTC. Therefore, the ultimate use of RAM must be finance. It's just that the current volume is still small, so it can't be seen yet.
It can be said that RAM can do everything that BTC can do, and do it better. The only thing missing is that many people don't know about RAM yet. In terms of innovation, RAM has the Bancor protocol, which has many highlights. It is definitely not a meme.
It took BTC more than ten years to finally catch the eyes of financiers. RAM, is this the first year or the sixth year? #BTC #eos
