EOS Resource Allocation w/ Daniel Larimer
Daniel Larimer, CTO of block.one, took time to whiteboard a popular topic - how EOS blockchain resources will be allocated to token holders.
Please note: tokens referenced in this description and video are on a blockchain adopting EOS.IO open source software; block.one is not launching or operating any such blockchain.
YouTube Description:
Dan Larimer explains how bandwidth, computation, storage, and RAM will be allocated for token holders in a blockchain adopting the EOS.IO software.
Sit-down Q&A will release tomorrow. We asked Dan a list of EOS community questions ranging from blockchain governance to future airdrops. Go EOS!
EOS Go Admins: Kev, Bluejays
Editor in Chief: Jenny (@topkpop on steemit)
Thank you:
Daniel Larimer, CTO of block.one
Thomas Cox, VP of Product at block.one
Sam Sapoznick
Paul Atreides (Matt)
What is EOS Go?
We are a community effort to help launch EOS blockchain as envisioned by the creators of EOS.IO.
Anyone can participate in this historic event on June 3rd, 2018. Thousands of token holders will need to work together for EOS to successfully launch - become part of the movement by educating others, writing articles, making videos, attending/hosting meetups and launch parties, voting for block producers, and more.
If you're interested, please start by finding your role on the community forums and resteem or tweet EOS Go to help spread the word.
Telegram users can receive these daily summaries and other announcements: EOS Go Community Updates.
Great content as always. Love the fractional reserve stuff. No crypto kitty crashes for EOS!
One clarification, EOS Gov Telegram channel mentions 6 'monthly' installments for voting stake, video states 6 months worth of 'weekly' power down. Small clarification, but wouldn't mind hearing the answer.
Thank you for posting this, I admire the work of Dan and Stan, both giants in the industry
Thanks guys for putting this valuable stuff. I thought I understood Blockchain to a basic level but this video broke all my beliefs.
Right?! .... glad you found it interesting.
Thanks , these videos are helping me to understand the whole system
Glad to hear it.
Thanks for the info
The most I learn , the most I like the system
If I understand it correctly you can stake your EOS tokens to one single contract at a time.
This means that you have to choose between obtaining resources on the network or voting?
But in that case, since the marginal utility for a single user to cast a vote is extremely low, what mechanism incentivives users to stake their tokens for voting rather than exclusively for renting resources?