Quote from: canaveralnonie on July 12, 2018, 12:49:32 PM

Quote from: DnovorezoV_aA on July 12, 2018, 12:45:42 PM

Quote from: revenanTts on July 12, 2018, 12:42:15 PM

Quote from: rainIsAmerika13 on July 12, 2018, 12:31:55 PM

Quote from: csKIRALY on July 12, 2018, 12:29:06 PM

I still do not understand how the price for file storage will be set. The team will decide?

I'm sorry, bro, I do not understand this myself. I am confident that the cost will be acceptable. Otherwise, it makes no sense to create all this.

There should be a mechanism for changing the cost of storage. Most likely by voting Cold Stakers.

The amount of storage available per CLO is determined using the Bancor
algorithm that maintains a Constant Reserve Ratio (CRR) of 10. A CRR means that the storage will never be completely consumed, as the price (locked CLO per megabyte) will rise as free capacity shrinks.

Price = Balance / (Supply * CRR)

Where:

● Balance is the total amount of storage consumed
● Supply is the total amount of storage the host-nodes physically have
● CCR is the constant (10 in EOS and CLO)

Price = Balance / (Supply * CRR)

Is CRR = ● CCR is the constant (10 in EOS and CLO), is that typo or what, this formula is not so clear specially if you are a newbie when in comes of crypto marketing. This is the first time I encounter this Price theory.

Yes. It looks like a typo, but not mine;) So it is written in White Paper.