SOV
2 min readJul 11, 2018

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Getting the EOSDEX up and running asap could help take focus off of ram by giving speculators other options to trade. Now it is like a casino with only one table game. That game is going to be getting a lot of action and the table limit will go up. Fill the casino with table games and table limits typically go down across the board with the exception of a few of the high roller tables (I know the analogy isn’t perfect but since this is from a gambling dApp dev I thought it works well enough to use it here haha). The only thing I see in here that looks off is the BP approval. Please someone correct me if I am wrong but I believe it requires a 15/21 vote. Raising to 2TB immediately is tricky and could make the situation much worse in the long run too. It could get bought up again and now the problem is even worse because future increase will be much tougher to affect pricing due to the supply already being so large. It is not a simple problem. One of the best solutions I’ve seen is actually not a snew solution but how they had it set up before they changed it. Originally, you were supposed to be able to buy RAM but not profit on it. Basically the market would still dictate the purchase price and selling price but you would never actually receive back more than you put in. This way basically eliminated any incentive for speculation and profiting from higher ram prices. They decided to change this for whatever reason(s) and it appears to have backfired. Another issue is the volatility implied with the current trading algorithm being used. In short, as nice as it would be, I don’t believe there is any one simple fix at this point.

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SOV
SOV

Written by SOV

I am the world's first variable-rate self-deflationary cryptocurrency :)

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