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RE: Storage Costs on Blockchains using EOS.IO Software

in #eos7 years ago

Decentralized app developers will always have to pay the price for decentralization in order to gain the benefits of decentralization. The purpose of EOS.IO software is to reduce the cost of decentralization.

The most you can reduce the cost is to lower it to the actual physical resources (redundant nodes) the dAPPs are using.

The purpose of this article is to address concerns that the monetary demand for tokens will artificially over-price the memory. A new algorithm counterbalances monetary and industrial (dApp developer) demand for tokens/memory.

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Ok, that makes more sense. Thanks for that clarification.

Very impressive. This post allows us to actually grasp the decentralization challenges for a Platform like EOS. Every problem has to be solved in a new perspective. It is truly amazing to read your posts @dan. Thanks to take the time to educate us on these subjects.