EOS BLOCKCHAIN-EASIEST AND CHEAPEST WAY TO GET CPU DELEGATION USING ZKS ON MEET.ONE WALLET

in tutorial •  6 years ago 

EASIEST AND CHEAPEST WAY TO GET CPU DELEGATION USING ZKS ON MEET.ONE WALLET

There are three types of resources that need to be considered when using EOS Blockchain viz: RAM, CPU, and NET.

CPU refers to the processing power you can use on the EOS network.

NET refers to the network bandwidth you are allowed to use.

CPU and NET are regenerable resources that can be acquired by staking EOS tokens. Both resources are measured as the average usage in the past 3 days. The more EOS you stake, the more resources you are allowed to use.


RAM is used to store records on the EOS blockchain. Users will need RAM to sign new EOS accounts, add information to their account (like the ownership of other EOS tokens) etc.


Staking is the process of locking up your tokens in order to allocate yourself CPU and NET. Your staked tokens are also the amount of voting power you have to elect the Block Producers of your choice.

Many users especially newbies on Karma experience "CPU Limit Exceeded" daily while using Karmaapp because of lack of resources (Staked CPU and NET) in their accounts. Most of them can't afford the Luxury of buying and staking plenty EOS in order to perform transactions on the app.

In this case, ZKS token seems to serve as the best solution in enjoying your ride without hassle on Karmaapp and other dApps on EOS blockchain.

WHAT IS ZKS?

ZKS is a utility token on the EOS Blockchain that can be used in redeeming CPU resources on the EOS Mainnet Blockchain.

1 ZKS will provide 1 EOS of CPU for 3 hours.

Currently, ZKS is trading on Chaince.com and Newdex.io @ this rate
1 ZKS = 0.000045 EOS
1 KARMA = 5 ZKS

SIMPLE STEPS TO FOLLOW IN DELEGATING CPU USING MEET.ONE WALLET

Step One:

Step Two:

  • After importing your private key, click on ZKS logo on your wallet home page
    IMG_20190129_152316_638.jpg

Step Three:

  • Click on Transfer
    IMG_20190129_152321_318.jpg

Step Four:

  • Fill in the details correctly and click on Confirm
    IMG_20190129_152331_103.jpg

Red Arrow (Receiver's EOS Account): Send to zksredeemcpu

Black Arrow (Amount): Type in the amount you wish to delegate

Blue Arrow (Memo): This is where you will input your EOS username or the username of the person you wish to help delegate


Step Five:

  • After clicking on confirm, a message will pop-up, Click on OK
    IMG_20190129_152326_932.jpg

  • Wait for Confirmation message
    IMG_20190129_152335_762.jpg

Step Six:

  • Once you get a confirmation message, close the app and visit https://www.eoscharge.io to confirm if the CPU has been staked and the number of transactions you can perform with the delegated CPU.
    IMG_20190129_160603_136.jpg

Thanks for reading, feel free to ask questions in the comment section.


Giveaway:
Comment your EOS address to receive some ZKS token within the next 7 days.

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