EOS RAM – Block Producers’ Take on RAM speculation

EOS RAM – Block Producers’ Take on RAM speculation

Huobi Talk has brought together a roundtable discussion between Block Producers and Block Producer Candidates of EOS to discuss the challenges that EOS has faced since its mainnet launch.

EOS Discussion: State of Technology
Huobi Mining Pool – Denny Wu – Operations Manager
eosDAC – Luke Stokes, eosDAC Launch Team
EOS Asia – DaFeng Guo – Co-Founder
EOSphere – Ross Dold, Co-Founder

** On RAM Speculation **

Speculators have started to hoard RAM and in turn drive the prices of RAM on an uptrend. The panel agreed that this is bad for the ecosystem as the price of RAM prohibits developers from building applications in the ecosystem. EOSHuobiPool insists that long term price stability is needed so that developers can predict the cost of operating. EOSphere admitted that Block.one wanted to use a rare resource like RAM as a currency and it started off with genuine intentions but has been warped by speculators.

Catch the full episode here: https://www.youtube.com/watch?v=5kXX9WAGiQc

Read the full summary of this episode here:
https://blog.huobi.com/explosive-discussion-between-eos-block-producers-ecaf-block-one-voting-ram-prices/

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