One of the things you mention is buying or selling ram, does this mean that you can mine eos with this genereos account? Or is it more like a wallet?
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One of the things you mention is buying or selling ram, does this mean that you can mine eos with this genereos account? Or is it more like a wallet?
Sadly only BPs can 'mine' EOS which simply means gaining rewards for producing blocks which is how a blockchain operates. Normal users can speculate on RAM which means buying it with your EOS in hopes of price appreciation. Your EOS tokens exist on the blockchain so you cant physically take possession of them assuming you and only you have access to your private key you can use a wallet to interact with the blockchain and perform functions with your EOS tokens. It is all a bit confusing so it will take time for people to understand the logistics of blockchain 3.0 but in time I do believe this will become the new norm. Hope I answered your questions satisfactorily. Thanks for dropping by.