EOS Rex Update – EOS CPU & EOS Net rental simplified

Lawyers of Tomorrow Blockchain Explained
Stephen Turner Lawyers of Tomorrow

It’s been a busy week in the world of the EOS blockchain! EOS REX rental news…!

The plans for establishing EOS resource markets in EOS bandwidth / EOS Net and EOS CPU have changed. This is going to be a big change to the EOS ecosystem but as the video explains, we’re moving to ‘EOS REX simplified’ compared to what was originally planned. Phew!

Here are some time stamps to help you around this video:

1:07 Recap of EOS REX version 1: “Dude, it’s complicated!”

1:56 EOS REX version 2: “Yeah, it’s EOS REX simplified!”

2:24 Supportive but somewhat confused EOS community response to EOS REX version 1 proposals

3:25 What will operate the EOS REX? Bancor Algorithm as market maker…

3:53 EOS REX rental is NOT transferrable

4:00 Rationale for EOS REX (partly) to increase voting amongst EOS token holders…

4:50 EOS REX telegram channel discussion:
– EOS block producers support?
– EOS REX formal proposal – when?

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EOS Rex Update – EOS CPU & EOS Net rental simplified

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