A total of 43 authors have pushed over 800 commits to the EOSIO code repository, firmly placing the budding platform into the top 8 most active projects written in the c++ language being developed on github.
The flurry of development will culminate in the release of “Dawn 4.0”, the latest iteration of the open source smart-contract powered software for blockchains.
This specifically relates to those investors who will be staking their coins as a means to be delegated as block producers. In the “Dawn 3.0” release of the platform, RAM was automatically reserved (RAM, in this instance, refers to database space) as new accounts registered their tokens for staking.
Being a limited resource, this theoretically drives up the price of RAM perpetually. In turn, a market would be created for speculators to buy and hold RAM in preparation for times of congestion. It could then be sold for a profit to block producers eager to process pending transactions.
The previous solution was capping the price of RAM to the price it was purchased for. “Dawn 4.0” will see this cap removed, essentially creating a free market for the buying and selling of RAM. This could see supply and demand calculate the price of bandwidth.
Both the price and market cap of the EOS token has essentially quadrupled over the past month, and impressively most of those gains have been kept over the week just passed.
The code related to “Dawn 4.0” will be committed to the official github repository on May 11.
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