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EOS Starts Developing New Network Resource ‘’DISK’’

Stefan by Stefan
22/02/2020
in EOS News
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EOS starts working on a new network resource solution for on-chain data storage that will be named ‘’DISK’’ which will provide the developers with a better option to store some types of smart contracts and Dapp data as we are reading in the following EOS news today.

According to the github pages of the project, EOSIO software will include a new database called ‘’eosio.kvdisk’’ which will consume a new network resource called DISK. EOS starts this new project to bring more capacity and higher CPU consumption than the RAM-based counterpart which will also reduce costs for the app developers. The CTO of blockchain solutions Corvin Meyer auf der Heide, explained further:

 “From what I see it’s not about file-storage. It’s about cheaper, but slower on-chain, in-contract-storage for computational tasks and not the storage of large files… Putting hashes on chain makes sense and probably that is [more] affordable with DISK than with RAM.”

The DISK feature did go quite unnoticed until now and Meyer explained that it was added a few months ago but only gained popularity now. He also suggested that the feature will be added to EOSIO’s software before getting to EOS itself. The EOS critics called for improvements on the blockchain’s scalability issues since EOS uses a resource model to limit transactions which means that EOS dapps will have to pay resources such as CPU, RAM and NET which will allow each dapp to reserve bandwidth for the transactions.

EOS suffered from overload multiple times and tis resource prices have surged. A few DApps last November migrated to new blockchains to try and avoid the problem and Block.one the parent company of EOS is planning to launch the social network Voice as a fork of EOS. Complaints about the scalability have decreased but EOS suffered from similar issues in the past. By simply offloading some data to a separate resource will reduce the costs that Dapp developers have to pay. Other features also reduce costs and the EOS resource exchange or REX can help the developers to afford the resources they actually need.

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There are a few file storage systems that already exist on the EOS. Cryptolions introduced a system called Prometheus where anyone can upload files to. Telos is another option which operates as a separate blockchain that runs on the EOSIO software which also develops an IPFS-based storage platform called DSTOR.

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Tags: DISKEOSEOS blockchaineos developmentEOS new networkeos solutionseos starts developingnetwork resourcenew network
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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