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In addition to Google Cloud joining the EOS public chain network, there is also this EOS benefit
阿华区块链
特邀专栏作者
2020-10-07 01:28
This article is about 2450 words, reading the full article takes about 4 minutes
Google Cloud joined the EOS public chain network and ran for EOS nodes.

The price of EOS has really suffered in the past two years. Among all the mainstream currencies, the increase of EOS this year is the lowest, and even the market value ranking has dropped out of the TOP10. The drop in the price of EOS has also made people who hate EOS More and more, black EOS is simply ZZ correct.

It was not until the wave of DeFi that the price of EOS was slightly supported. After all, among all the public chain DeFi, it can be said that the EOS DeFi experience is the best. The ETH DeFi transaction confirmation speed is slow and the gas fee is extremely high. DeFi physical fitness is not only recognized as silky smooth, but also transfers are free (or EOS transfers are almost free due to subsidies from wallet providers).

In the past, the price of EOS dropped the most every time the market fell sharply. Recently, it seems that it is the turn of DOT, and the price decline of EOS has been greatly reduced. This should be attributed to EOS DeFi, but this wave of DeFi The market lasted too short. Led by UNI, the EOS DeFi currency also began to plummet yesterday. Even DFS and BOX dropped a lot.

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1. Google Cloud joins the EOS public chain network and campaigns for EOS nodes

This benefit is really beyond everyone's expectations. I didn't expect a company of Google's level to cooperate with Block one. This is indeed a huge benefit for EOS.

Block.one's official website announced on October 6 that Google Cloud, a global ultra-large-scale cloud platform and infrastructure provider, will join the EOS community and is committed to gradually growing into an EOS node on the EOS network. Google Cloud developer evangelist Allen Day (Allen Day) said that Google Cloud is starting the process of becoming an EOS node candidate. As more and more companies and organizations begin to incorporate distributed ledger technology into their infrastructure, we are committed to ensuring that information can be safely and reliably stored on the public chain, easy to access and realize the value and meaning of information.

source:

source:https://block.one/news/welcome-google-cloud-to-eos-community/

In the future, Google cloud may become a node of other public chains, but there is no doubt that the EOS public chain is the first cooperative public chain of Google cloud. It can be endorsed by a world super giant like Google. Otherwise, there are so many public chains, and EOS is still hacked like this. Why did Google choose EOS first? Block one focuses on technology, which can be regarded as some achievements. BB and BM should also do something.

There is no doubt that the votes of google cloud will enter the top 21 and become the EOS block producing node. After all, at least Block One will definitely vote for google cloud, and google cloud will become the benchmark node of EOS. From the perspective of Google's technical strength, google The cloud node will become the node with the most stable block generation and the shortest delay time.

Google Cloud's becoming an EOS super node will not only increase the popularity of the EOS public chain, but also improve the standard of EOS super nodes. EOS nodes such as Binance, Huobi, and OKEx are competing with Google cloud nodes. It is believed that the overall quality of EOS super nodes will be improved.

So far, the types of EOS nodes have become more and more diverse. There are not only three centralized exchanges such as Binance, Huobi and OKEx, but also security company SlowMist Technology, and super Internet companies such as Google.

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2. A former Goldman Sachs technical expert will serve as the chairman of the Block one advisory board

In fact, in addition to Google Cloud’s announcement to join the EOS public chain network, there is another good thing about the EOS ecosystem yesterday, that is, the former Goldman Sachs technical expert joined the Block.one Advisory Committee and served as the chairman of the Advisory Committee.

BM also mentioned it in his twitter, and he mentioned that the technical expert will help EOSIO technology for business.

The goal of the EOS public chain is to realize the large-scale implementation of blockchain technology, and in terms of its performance, it is also the public chain closest to a large number of commercial applications. Its peak TPS has reached more than 4,000, far higher than Compared with other public chains TPS, and the transfer speed of EOS is very fast. Compared with other public chains, EOS can better meet the applications that require high real-time performance. This is the reason why EOS games are developing well.

If Block one can promote the implementation of EOSIO technology through this model of cooperating with large companies first, it will be a good strategy. If several super Internet giants can take the lead in using EOSIO technology, it will be more effective in promoting EOS .

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3. The skyrocketing price of EOS led to losses in market making

Since many current EOS SWAPs adopt a constant product method in the AMM mode, there will be impermanent losses. That is, when using EOS and other currencies to make a market, the skyrocketing price of EOS will cause a large amount of EOS to be sold. Therefore, for the skyrocketing price of EOS last night, all we have to do is cancel the EOS market-making trading pairs, otherwise your EOS amount will decrease.

I have to admire Lao Bai, her speed is really fast, she immediately stopped all eos market-making trading pairs after the google cloud profit came out, no wonder people made a lot of money in this wave of DeFi.

We can also see from the number of market-making capital pools in defibox that yesterday's surge in EOS led to the withdrawal of a large number of market-making funds.

You must know that before Google Cloud announced to join the EOS network, the total amount of Dabao’s liquidity pool was more than 20 million EOS, and now only one-third of it is left, and two-thirds of the funds have been withdrawn from market making. The impact on Dabao Still pretty big.

EOS price fluctuations have a particularly large impact on SWAP market-making funds. Not only has Dabao’s total capital pool decreased, but also Dafengshou and other EOS SWAP market-making funds have decreased a lot.

Of course, there are also friends who continue to use EOS to make markets. One friend used DOP/EOS trading pairs to make markets in Dafengshou. After one night, there were nearly 3,000 EOS less. If EOS continues to rise relative to DOP, then his EOS will continue to decrease.

The soaring price of EOS has a relatively large impact on EOS SWAP, of course, because of the impermanence loss. If the diamond dolphin exchange can solve the impermanence loss through the multi-currency and multi-proportion model, it will be a great deal for EOS SWAP. A big plus, I look forward to Dolphin passing the audit and going online as soon as possible.

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