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Solving RAM Speculation & Property Rights in EOSby@evolutionos
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Solving RAM Speculation & Property Rights in EOS

by Evolution5mJune 29th, 2018
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At Evolution, we’ve had the fortune of collaborating alongside the EOS community to propose unique approaches on how to decentralize voting and ensure fair block production. However, due to compute resource limitations and its future impediments on ownership rights as noted by Dan Larimer, we’ve begun the development of a scalable solution to RAM and property rights. RAM is a scarce resource in EOS and its limitations contributed to Dan’s implementation of <a href="https://steemit.com/eos/@tanishqyeverma/why-article-xv-property-rights-is-a-great-addition-into-eos-constitution" target="_blank">3 year limit on asset rights</a> within the EOS constitution. The long term technical constraints of large RAM, CPU, and Bandwidth stakes being trapped within accounts should in no way lead to limits on user’s rights. Even with RAM upgrades by block producers there’s a likely scenario that hoarding accounts will need to be unstaked and auctioned off to free up RAM. Hoarding tactics are exacerbated further due to Bancor’s automatic pricing algorithm which allows for infinite price growth in scarce markets where hoarders exist at a low cost basis.

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