MinerGate Mining Pool
June, 14, 2019
For just a year, the EOS system has proved itself to be worthy of being a next-generation blockchain project with industry-leading scalability and transaction speed. Its philosophy and solutions are giving new opportunities to blockchain developers. Lots of dApps – a crucial part of the system – are now built on EOS. The number has been growing with time; according to DappRadar, 18% of dApps are built on EOS, yet obstacles to implementation still remain. There are two known reasons why the potential of this scalable and efficient blockchain system cannot be fully reached by developers and BPs running nodes. To operate on the EOS blockchain, dApp developers need RAM resources which are not cheap. According to bloks.io, it’s more than 108 EOS (694$)/1 MB as of June 13th, 2019. RAM usage is also capped by supply, which is currently 90GB approx. It is anticipated to increase to 128GB in December of this year, but still, it severely limits the capability of developers to refine a ‘killer app’ that will be able to engage a mainstream audience. Considering these points, LiquidApps introduced the DAPP Network, a set of technical solutions that makes developing on blockchains essentially easier & more affordable. DAPP Network is a system that unites developers, service providers, and users all in one, and DSPs are the driving force of it. Recently MinerGate has become a dApp service provider on the DAPP Network, in order to help developers build scalable dApps with lower costs and no storage limitations. The newly released DSP Portal by MinerGate with intuitive design is serving solutions that will simplify the searching, choosing, and connecting process to the appropriate DSP package. The efficiency of DSP Portal has become possible due to the data provided by Milleneos, a platform that offers trustworthy APIs for blockchain developers. The solutions presented by the Milleneos team allows for keeping track of blocks and transactions in real-time, as well as providing historical data. The team is introducing standard APIs, but they also provide custom ones, for example, DSP APIs. Lastly, it is exciting to see such projects coming out with great solutions for the good of decentralized development that was previously unimaginable. The resolutions of this scale will be able to pave the way for a new inconceivable level of dApps that will break through the limitations and become a crucial part of mass adoption.
I have been writing about Cryptocurrency for over 5 years and I have seen it grow from a niche interest to a global phenomenon. I have written two books on the subject, “Crypto investing for beginners” and “Crypto trading for beginners”. My work has been featured in major publications such as Forbes, Wall Street Journal and Time Magazine.
I am a thought leader in the space and my insights are highly sought after by both media and industry players. I am a regular contributor to CNBC, Bloomberg and CoinDesk. I also advise startups in the space and have mentored many successful entrepreneurs.