Crypto Update - EOS Block Producers Vote to Raise Ram Supply! by techblogger

cryptocurrency · @techblogger · Jul 29 '18

$21.44

Crypto Update - EOS Block Producers Vote to Raise Ram Supply!

![](https://cryptoslate.com/wp-content/uploads/2018/07/xeos-ram-cover.jpg.pagespeed.ic.iYGdTobRsG.jpg)

One of the biggest factors holding EOS down at the moment is the fact that RAM speculation has slowed or even stopped most dApp development at the moment. This is because developers require RAM to run their dApps and when that becomes overpriced as it has done in the past, they prefer to just sit on their hands and wait. 

But there is good news ahead! 

>On July 26, 2018, EOS block producers voted to increase the RAM supply and lower costs for developing applications on the network. EOS block producers voted to double the network’s supply of RAM – effectively lowering the cost of launching decentralized applications (dApps) on the network.

This is the best news I've heard about for EOS in a long time. The success of EOS depends on its adoption. With affordable RAM for all this will be a much easier mountain to climb!

>Recently, the network faced a centralization issue, with hoarders and speculators holding nearly 85% of the network’s RAM capacity – preventing developers from accessing necessary RAM for building and deploying dApps.

Now it would be unwise to speculate on RAM as such drastic measures are being taken to bring down costs it would be illogical to assume the price will go anywhere but down.

![](https://cryptoslate.com/wp-content/uploads/2018/07/Screen-Shot-2018-07-26-at-5.50.35-PM.png)

Just look at this graphic of what has taken place in RAM markets over the past few days! 

We will see what happens in the weeks and months ahead for EOS but I see changes being made that are moving it in the right direction. Let me know your thoughts on this topic! 


Source: 

EOS Block Producers Vote to Raise RAM Supply to Lower Cost of Running dApps - CryptoSlate

👍 shenanigans, cowtippin, reggaemuffin, cryptomancer, buddhist, ripperone, freemoceanisnow, stiflers-mom, judasp, thecryptodrive, furious-one, raycoms, upbloke, steembusiness, carlosd15, steemsportsfund, velimir, forexbrokr, buildteam, nelkeljdm, nelkel, bulleth, techblogger, scaredycatguide, g-dubs, nepalipahad, smokeynagata, dysfunctional, drwom, teutonium, buildteamfund, lasseehlers, bec-on-the-block, robofox, bubbleburst, scooter77, jpederson96, kiddarko, adventureevryday, glitterbooster, buzzbeergeek, techmojo, trev03, jesus.christ, steemtruth, delease, dlease, upgoat, msg768, badham, blockheads, dadview, mintajul, orcabooster, kycverified, theenchanter, niedzielnygracz, cardinalkennedy, emilio-yance, wirednkod, resheep, funlands, ingdirect, decayboy, and 31 others

`post_id`	58,072,545
`author`	techblogger
`permlink`	crypto-update-eos-block-producers-vote-to-raise-ram-supply
`category`	cryptocurrency
`json_metadata`	{"app":"steemit\/0.1","tags":["cryptocurrency","eos","ram","software","programming"],"image":["https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/xeos-ram-cover.jpg.pagespeed.ic.iYGdTobRsG.jpg"],"format":"markdown"}
`created`	2018-07-29 11:15:15
`last_update`	2018-07-29 11:15:15
`depth`	0
`children`	3
`net_rshares`	12,194,150,288,905
`last_payout`	2018-08-05 11:15:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	20.940 SBD
`curator_payout_value`	0.503 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	1,797
`author_reputation`	91,903,771,336,326
`root_title`	"Crypto Update - EOS Block Producers Vote to Raise Ram Supply!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (95)

voter	rshares	pct
thecryptodrive	135,625,778,181	25%
g-dubs	12,660,065,125	5%
nepalipahad	12,194,293,744	10%
scaredycatguide	17,845,503,360	25%
kiddarko	3,128,831,109	2.5%
cryptomancer	978,248,566,349	100%
nelkel	22,106,163,680	75%
lasseehlers	5,881,065,632	100%
freemoceanisnow	653,982,845,963	100%
dadview	629,177,518	1.5%
cardinalkennedy	542,560,737	20%
steemtruth	1,568,735,509	5%
steemsportsfund	31,376,877,792	26%
judasp	177,314,914,199	100%
adventureevryday	2,985,705,485	5%
jdevora	92,644,185	100%
ripperone	830,790,387,819	17%
buzzbeergeek	2,766,210,697	5%
steemitcitizen	207,206,471	2.5%
velimir	31,163,612,891	5%
msg768	1,123,556,544	1%
reggaemuffin	1,013,772,291,627	10%
dailygiveaway	336,313,073	55%
scooter77	4,444,046,510	20%
drwom	8,828,328,790	40%
bulleth	20,733,314,682	50%
robofox	5,633,862,205	100%
carlosd15	35,933,768,186	100%
changeangels	79,421,868	100%
furious-one	96,375,911,492	50%
forexbrokr	30,515,906,491	100%
jpederson96	3,398,452,317	25%
smartdeveloper	360,871,477	78%
jesus.christ	2,008,274,703	73%
steembusiness	44,079,393,408	50%
upgoat	1,146,930,032	100%
resheep	483,385,210	100%
buildteam	23,432,414,236	100%
upbloke	67,048,497,553	100%
upcroak	158,990,688	100%
glitterbooster	2,954,537,303	25%
leveragetrading	361,948,203	68%
ingdirect	439,481,086	72%
bl0ckchained125	279,673,840	100%
techblogger	20,188,170,454	50%
badham	871,812,561	50%
steemposter	247,872,803	100%
buildteampot	354,125,665	100%
mentionator	351,641,976	100%
cryptotax	208,463,140	100%
raycoms	93,303,891,481	50%
techmojo	2,504,054,045	20%
buildteam-help	246,821,659	100%
buildteamfund	6,408,270,322	100%
bubbleburst	5,420,720,593	100%
anotherpoet	226,703,516	50%
nelkeljdm	22,835,736,571	100%
dysfunctional	9,125,361,781	100%
trev03	2,143,568,679	100%
delease	1,197,892,737	100%
dlease	1,197,892,446	100%
decayboy	396,064,815	100%
stiflers-mom	395,224,028,568	100%
bec-on-the-block	5,652,647,065	100%
patricklancaster	365,465,792	2.5%
buddhist	955,100,805,649	91%
dailythoughts	242,550,286	100%
themuffinman	101,361,285	100%
teutonium	8,016,959,952	50%
dreday20	273,794,248	100%
thefunfactory	122,795,872	100%
smokeynagata	11,127,847,947	75%
someonefun	122,795,225	100%
funbox	122,795,222	100%
funlands	462,434,430	100%
funanime	122,795,210	100%
funkyfun	122,795,200	100%
funnyfun	122,795,198	100%
dmonia	122,795,196	100%
goldrym	122,794,502	100%
qeoddrir	122,794,490	100%
dodrorth	122,794,484	100%
iedot	101,305,440	100%
wirednkod	520,348,217	100%
shenanigans	4,149,647,781,732	88%
orcabooster	596,336,149	100%
cowtippin	2,209,170,107,323	100%
kycverified	595,172,725	100%
blockheads	787,364,182	75%
emilio-yance	542,258,781	100%
upbeaver	101,238,233	1%
niedzielnygracz	563,179,838	100%
mintajul	608,164,522	100%
theenchanter	580,788,891	100%
dominique.miller	270,613,837	100%

@teutonium · Jul 29 '18

Let's hope this makes the whole ram issue better, especially since many of the BP did some inside trading and were able to get massive profit out of ram trading, i even devoted some BP because of this....

BTW, you know about chintai right? Which is going to enable us to lease our EOS bandwidth and cpu ? Have you heard anything about them lately? Do you know if they are going to allow leasing of ram too?

And another thing, do you think we should sell our RAM now wait  acouple of weeks and buy back more of it?

👍 jdevora

`post_id`	58,098,309
`author`	teutonium
`permlink`	re-techblogger-crypto-update-eos-block-producers-vote-to-raise-ram-supply-20180729t161543314z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit\/0.1"}
`created`	2018-07-29 16:15:45
`last_update`	2018-07-29 16:15:45
`depth`	1
`children`	2
`net_rshares`	90,332,054
`last_payout`	2018-08-05 16:15:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	515
`author_reputation`	14,640,488,087,369
`root_title`	"Crypto Update - EOS Block Producers Vote to Raise Ram Supply!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
jdevora	0 B		90,332,054	100%

@techblogger · Jul 30 '18

$0.16

This will alleviate RAM speculation massively. I agree that BPs acted in their own self interest by refusing to vote on increasing RAM but it is human nature we are dealing with. I think you are right to only vote BPs you believe are working hard to build the ecosystem and those you feel are ethical in their activities. In regard to Chintai, I have used them to trade different tokens and they do have a RAM market i believe. Honestly I lost EOS trading RAM so I'm in no position to give advice. The speculation and the excitement got to me and I regret ever touching the market in the first place. The best time to buy was at the beginning before tools were even available to do so. Lesson learned. Be careful.

👍 techblogger, masonmiler, clone92, minhnguyen1994, krisii, robotq, qrater

`post_id`	58,184,077
`author`	techblogger
`permlink`	re-teutonium-re-techblogger-crypto-update-eos-block-producers-vote-to-raise-ram-supply-20180730t115705865z
`category`	cryptocurrency
`json_metadata`	{"app":"steemit\/0.1","tags":["cryptocurrency"]}
`created`	2018-07-30 11:57:06
`last_update`	2018-07-30 11:57:06
`depth`	2
`children`	1
`net_rshares`	93,831,031,096
`last_payout`	2018-08-06 11:57:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.151 SBD
`curator_payout_value`	0.008 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	713
`author_reputation`	91,903,771,336,326
`root_title`	"Crypto Update - EOS Block Producers Vote to Raise Ram Supply!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (7)

voter	rshares	pct
masonmiler	20,449,001,409	100%
krisii	5,996,181,235	70%
minhnguyen1994	6,954,891,946	43%
techblogger	37,870,779,460	100%
robotq	5,863,366,885	33%
clone92	13,332,400,621	100%
qrater	3,364,409,540	35%

@teutonium · Jul 30 '18

>Honestly I lost EOS trading RAM

Been there done that, not with EOS RAM but with day trading...

I should have sold RAM when the greymass wallet first permitted for ram trading... it was obvious that the price would decrease if it didn't EOS wouldn't be usable! Maybe I wouldn't have made killer profit but i would still have made some profit...

properties (22)

`post_id`	58,185,002
`author`	teutonium
`permlink`	re-techblogger-re-teutonium-re-techblogger-crypto-update-eos-block-producers-vote-to-raise-ram-supply-20180730t120751243z
`category`	cryptocurrency
`json_metadata`	{"app":"steemit\/0.1","tags":["cryptocurrency"]}
`created`	2018-07-30 12:07:54
`last_update`	2018-07-30 12:07:54
`depth`	3
`children`	0
`net_rshares`	0
`last_payout`	2018-08-06 12:07:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	346
`author_reputation`	14,640,488,087,369
`root_title`	"Crypto Update - EOS Block Producers Vote to Raise Ram Supply!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000