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RE: BTUniverse : EOS Scatter Wallet Tutorial

in #buildteam7 years ago

Thanks for the great tutorial @techblogger !

One question, if you sell ram, I am not sure what happens with your eos. And if you sell ram, can you afterwards sell the EOS you have? Or you need to wait until the ram is back, or how does this work?

Also, by selling ram, we get EOS in exchange?

Regards, @gold84

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Thanks! Be careful selling ram as your account needs at least 8kb to function properly as far as I understand. Selling ram will result in liquid eos. Liquid EOS can be sold at an exchange. Hope this helps!

Thanks for the feedback @techblogger . I still have a few more questions.

If we have EOS in an account, and we sell ram, all but the 8kb. Then, we can sell the EOS we already had in the account (the one were the ram was taken), in addition to the new EOS we were payed?

Hope I am understanding correct.

Regards, @gold84

Yes, that shouldn't be a problem at all. You just need to keep enough RAM in the account for it to function properly. Large amounts of RAM will be needed by accounts hosting dApps as far as I understand it. I'll be learning and writing more tuts about topics relating to EOS as things progress. Any other questions you come across I'll gladly welcome. Thanks,

Thanks! So, if I sell the ram from my current EOS, then I withdraw my EOS to an exchange, and sell it. Then I bring more EOS to my account, I can sell the ram again with this new EOS?

Or when we sell ram, we need to wait a period of time, before we can sell the EOS that made that ram available?

Just trying to go deeper and understand how this works.

Thanks for your prompt replies @techblogger !

You already know I voted @Buildteam as a block producer? I also buy BT tokens from time to time.

Regards, @gold84

I think we will need to publish a guide on eos ram soon! Its a very hot topic and quite confusing. Thanks for your vote!