EOS - Dan has the solution to the RAM trading issues?
In his newest Medium posts Dan describes how spikes in RAM prices can be prevented at least temmporary:
https://medium.com/@bytemaster/eosio-ram-market-bancor-algorithm-b8e8d4e20c73
Wheres America has just gone to bed, i dont understand Asian languages and Europeans haven't finished breakfast, i am happy to bring you the news from @dan himself!
The reason for the incredible rise in Ram prices seems to have been this:
Due to an unintentional configuration of the Bancor Relay weights on the EOS blockchain, this parameter is set at .05% rather than 50%. This introduces some heavy slippage for buying and selling large quantities and causes more volatility than desired.
Oh i am just confronted with my vaning financial knowledge, but to my understanding, the current algorithm, seems to pick up price afrom a volatility of 0.05% whereas it can be set much higher, and changes in price don't lead to further increases.
He was also suggesting adding 1TB or memory per year (3GB per day) in form of lower speed SSD drives and only using RAM for the recently accessed data (as kind of a proxy) and moving inactive data to disks. He has different ideas every day and often changes direction by 180 degrees in less then 24 hours :)
I guess, we just need to wait to see what approach will be taken.
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