BizAuto Whitepaper_Eng
  • BizAuto Docs
  • Start Here
    • 1. Getting Started
    • 2. Getting Support
      • 2.1 Official Emails for Contact
    • 3. Grant Program
  • Core Concepts
    • 1. What is BizAuto?
    • 2. Core Architecture
      • 2.1 Key Components
      • 2.2 Network Information
      • 2.3 Wallet Configuration
    • 3. Technology
    • 4. BizAuto’s System Resource Allocation
    • 5. BizAuto Tools
  • Products
    • 1. BizAuto Platform
      • 1.1 Overview
      • 1.2 Set up your wallet : BIZA Platform
        • 1.2.1 BIZA PLATFORM Installation
        • 1.2.2 BIZA PLATFORM membership registration
        • 1.2.3 KYC verification
        • 1.2.4 OTP registration
        • 1.2.5 DID certification
      • 1.3 Staking
    • 2. BIZA-CarnegieMall: Decentralized P2P Platform
      • 2.1 Overview
      • 2.2 Key Features
      • 2.3 Comparison with Traditional E-Commerce Platforms
      • 2.4 Additional Services
      • 2.5 Conclusion
      • 2.6 User Guide
        • 2.6.1 BIZA-CarnegieMall Installation
        • 2.6.2 BIZA-CarnegieMall membership registration
        • 2.6.3 BIZA-CarnegieMall product registration and sales
    • 3. BIZA-UVIT
      • 3.1 Overview
      • 3.2 Key Features
      • 3.3 Additional Services
    • 4. Others
      • 4.1 BIZA-MetaWorld
        • 4.1.1 Overview
        • 4.1.2 Key Features
        • 4.1.3 Additional Services
      • 4.2 BIZA-Metaversity
        • 4.2.1. Overview
        • 4.2.2. Key Features
        • 4.2.3. Additional Services
  • Tokenomics
    • 1. Distribution Plan
    • 2. Explorer
    • 3. Token Information
      • 3.1 CoinMarketCap
      • 3.2 CoinGecko
      • 3.3 Medium
  • Resources
    • 1. Developer tools
    • 2. Learning Resources
  • Block Producer (Validator)
    • 1. Overview
    • 2. BIZA Block Producer Registration and Election Process
    • 3. BIZA Block Producer Voting Guide
    • 4.Block Producer Rewards
  • Ecosystem
    • 1. Wallet
    • 2. Block Explorer
    • 3. RPC Providers
    • 4. Centralized Exchanges
    • 5. Ecosystem Map
    • 6. Join the Ecosystem
  • Roadmap
    • Partners
  • Disclaimers
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  1. Core Concepts

4. BizAuto’s System Resource Allocation

In blockchain platforms, managing system resources and allocation is crucial, affecting both users and developers. Understanding how EOS handles RAM allocation can provide insight into how BizAuto manages its system resources.

  1. EOS’s RAM Allocation Method

In EOS, RAM is a vital resource used for storing data on the blockchain, crucial for operating smart contracts and DApps. EOS uses a market-based allocation system for RAM, where the price of RAM fluctuates based on supply and demand. Users can purchase RAM as needed, and any unused RAM can be sold back into the market. This approach encourages efficient resource use, with prices adjusting dynamically to reflect the limited supply of RAM.

  1. BizAuto’s System Resource Management

Similar to EOS, BizAuto employs a resource management model to handle system resource allocation. In the BizAuto ecosystem, resources are allocated based on usage, ensuring scalability and stability for developers and users. BizAuto’s system ensures that the necessary resources are available for executing smart contracts and running decentralized applications (DApps).

  1. BizAuto manages its resources and allocation through mechanisms like:

    • Allocation of RAM, CPU, and NET resources: Users in the BizAuto network are allocated essential resources like RAM, CPU, and NET, which are required for executing smart contracts and storing data.

    • Market-driven resource pricing: Just like in EOS, BizAuto could adjust the price of resources based on market principles. As the demand for resources increases, the price rises; when demand falls, the price decreases.

    • Encouraging efficient resource usage: Users are incentivized to use only the resources they need. Any unused resources can be returned or resold in the market, encouraging efficient utilization of system resources.

  2. Conclusion

BizAuto optimizes resource management and allocation using a system similar to EOS’s RAM allocation. Users can purchase the resources they need and resell them when no longer required. This market-based system promotes efficient resource use and enhances the platform’s scalability and economic sustainability.

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Last updated 6 months ago