Block.one CTO Dan Larimer outlines plan to lower EOS account creation costs

  • July 12, 2018
  • 1:04 pm ET

Software developer Dan Larimer, CTO at Block.one remains committed to EOS development and has outlined a three-step plan to lower EOS account creation costs in a blog post released just this morning. Step 1 — Increase RAM Supply – Block producers will start growing RAM at the rate of 64GB per year (1 KB per block). Step…

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Software developer Dan Larimer, CTO at Block.one remains committed to EOS development and has outlined a three-step plan to lower EOS account creation costs in a blog post released just this morning.

Step 1 — Increase RAM Supply – Block producers will start growing RAM at the rate of 64GB per year (1 KB per block).

Step 2 — Lower Account Memory Usage – This will reduce the minimum account creation RAM requirements by almost 50%.

Step 3 — Free Accounts with Block.one’s iOS Wallet – Block.one will be able to offer a free EOS account that requires no creation cost

Larimer commented on his committment to the EOSIO software and stated:

“It is my goal to ensure that EOSIO remains the fastest, lowest latency, most scalable, and easiest to use blockchain platform on the market.”

Larimer has a long history in the cryptocurrency space and created the cryptocurrency platform BitShares and was a co-founder of the blockchain social platform Steemit.


Via Medium

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