Show Posts
|
Pages: « 1 [2] 3 4 5 6 »
|
770.867 claims/s 3,055 claiming, if claiming is fixed to 2000 maybe Threshold will be low
GO AWAY PAJEET BEGGAR I would suggest refraining from discriminating against claimers. Without claimers help distribute RaiBlocks, no one would be able to use RaiBlocks. What needs to be done is adjusting the claiming mechanism, not eliminating diligent claimers. Claimers actually contribute very little to the value of this project. What most claimers do, is solving captchas. Solving captchas doesn't help the project. They are working to make a living. This is perfectly fine. Unfortunately, many of those claimers only see their own profit and want to increase it, proposing all kind of new claiming mechanisms that fit their needs. The current claiming method is perfectly fine to get its job done. A fair distribution of this coin. Time is RaiblocksWe must keep in mind, that the dev actually gives away his coins to many people as a gift. This is a wonderful thing to do as it enables many full time claimers to make a living out of this. Yet, many claimers only want to increase their profit, independent of what RaiBlocks is. They are using the faucet that yields most profit. By spamming their questions, which have all been answered many times, they steal precious development time.This is the contrary of contributing to the project.
|
|
|
Max. tx/s | >no fix limit (?) | >no fix limit (~700) | >~7tx/s (1MB block size limit) |
How did you arrive at the number 700/s for raiblocks? This was the number that was mentionned by the main developer, Colin, when he was asked to estimate how many transactions could actually be processed by the current network. The conversation dates at least half a year. For IOTA, I read a number of 183tx/s and it was mentionned that 112tx/s were already confirmed. However I didn't double check these claims either.
|
|
|
Let's leave price aside.
IOTA promises to have found the holy grail - infinite scalability with zero transaction fees.
If that is truly so, then screw just the IoT usage, such a system should replace every imaginable form of value transaction known to humanity.
Unfortunately that is a claim I have seen no evidence to support. A transactional DAG still relies on a global state to ensure double spends can't happen, thus its still vertical in nature even though the architecture promotes horizontal scaling. [...] Would eliminating the global state be a step in the right direction ? I came across another coin without fees(Raiblocks), that states having replaced "shared state" with "message passing" to be able to scale better. Here some lines from the whitepaper : RaiBlocks is designed to be a scalable and efficient distributed ledger platform. The design makes several significant improvements over alternatives giving a simple system that can process transactions in seconds making it a useful in a digital world. To get these performance improvements we apply a critical optimization borrowed from concurrent computing where we replace shared state with message passing. This eliminates shared state contention greatly improving global throughput and lowering transaction time. ... The ledger is the global set of accounts and each account has its own chain. Only one entity can add a transaction to an account’s chain, the account owner. This means each chain is not a shared data structure eliminating all contention when adding transactions to the ledger.The ANN is quite small : https://bitcointalk.org/index.php?topic=1381323.0
|
|
|
Have a look at the first page... No fees: The RaiBlocks network has no notion of fees. Low latency: Transactions are natively processed instantly giving a responsive experience. Scalability: Micropayments require a system capable of significant scalability Here is a comparison between RaiBlocks, Bitcoin and Ripple https://bitcointalk.org/index.php?topic=1381323.msg19698220#msg19698220I am also reading up on IOTA, to be able to make a comparison between RaiBlocks and IOTA, who are both targetting micro transactions. Here is a small teaser of what i have gathered so far... | IOTA | RaiBlocks | Bitcoin | | asynchronous | >asynchronous | >synchronous | Max. tx/s | >no fix limit (?) | >no fix limit (~700) | >~7tx/s (1MB block size limit) | Confirmation Mechanism | >Proof of Work | >Proof of Stake | >Proof of Work | Anti spam mechanism | >Proof of Work | >Proof of Work | >Tx Fees | Ledger Type | >DAG (directed acyclic graph) | >Block-Lattice (multiple blockchains) | >single (shared) Blockchain | Confirmation time (1st confirmation) | >depends on transactions by other users | >1 network echo period (<5s) | >10 minutes | time till irreversible tx | >unknown (depending on weight & PoW) | >15s - max 1minute | >~60 minutes |
Imho, Copared to IOTA, RaiBlocks has a better design in regards of fork resultion and attack prevention. Both seem to be equally scalable, while RaiuBlocks pays close attention to transaction size (1 tx fits in 1 UDP package) Compared to IOTA, Raiblocks lacks of third party development. It is less known, and the community is smaller. Just to put the tx/seconds into context. Today, the VISA Networks treats 2000tx/s on average with a daily peak of around 4000tx/s.
|
|
|
Hi guys,
Why i can't unlock my wallet?
It says:Status: Wallet locked, Block: 14737900 (45519)
Please help me out. This problem already two weeks happen.
Thanx in advance!
If you never set up a password, just click "Settings" -> "Unlock" with an empty password.. I've set a password. And i use definitely the right one. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) You could reimport your seed. No password is needed if you have backed up the seed!
|
|
|
Hi guys,
Why i can't unlock my wallet?
It says:Status: Wallet locked, Block: 14737900 (45519)
Please help me out. This problem already two weeks happen.
Thanx in advance!
If you never set up a password, just click "Settings" -> "Unlock" with an empty password..
|
|
|
I added some data to the Comparison Chart : ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FaKD7n9X.png&t=663&c=wPjV23h8OncTOA) Since Raiblock uses 1 blockchain/account (block lattice), I think that the check mark for "blockchain based" is still correct... There is no single blockchain as in bitcoin, but - correct me if I am wrong - Raiblocks uses the concept of a chain where the current block points to the previous block.
|
|
|
Sorry guys probably getting way too excited here and need to calm down after seeing the price of XRB rocket over the past week but in order to help me keep a rational mind can someone (preferably a dev) provide me with a list of improvements that still need to be made to help bring Raiblocks to the mass market?
Forget market cap for now, more interested in how we can help to solve some of bitcoin's problems and help mass market cryptocurrency adoption.
Thanks in advance.
Price has rocketed, and might drop short term, but in the long run, I believe that Raiblocks will be a success story! Compared to Bitcoin, Raiblocks scales very well ! Compared to Ripple, which is known to scale well, Raiblocks is trustless and blockchain based! Small comparison, which is far from being complete... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FPKdhJID.png&t=663&c=sesA4zODtTTkJg) Raiblocks is work in progress and has a smaller community. The state of development is comparable to bitcoin in 2010/2011... But since it solves so many known crypto problems, more devs will come naturally!
|
|
|
It's impossible to me to sync my wallet. Has been 2 days and i only se 57 blocks ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FvD7Iqjg.png&t=663&c=Zb3ICVEZ72K-JQ) I see this in the logs: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F1tNYI7Y.png&t=663&c=RTs8naBbu_HYZA) Would apreciate any help. I had the same problem with 7.8.4. Did you try 7.8.5? For me what I did was to use 7.8.3, do a full sync, and upgrade to 7.8.4. I didn't try 7.8.5 yet
|
|
|
Nice to see that RaiBlocks is back, I am testing the faucet right now, does anyone knows how long does it take for the claimed Mrais to be credited in our wallets? it's been more than an hour but my balance is still zero. Also is there a chance for this coin to be listed on an exchange?
At the moment payout is once a week. there is a timer when the next payout occurs. so your mrais to claim will drop with every claim others do. at the end of the week you will get 2.8mio Mrai / (all claims) * (your individual claims)
|
|
|
Frontier count is over 3000, what about the remaining accounts? I see 2300 only. Do the other have 0 balance?
|
|
|
I'd like to create a simple use case for Rai.A reddit clone where upvoting costs rai. The rai will go to content creator. To do so, I need to set up an RPC node which I can access online.Ideally I could access it locally from a windows machine (on which I would do my development) The docker container https://github.com/clemahieu/raiblocks/wiki/Docker-node seems to work for linux only... Couldn't get it to run on my windows machine. As my experience, we installed docker node only on Linux machines. If you use your node on Windows, you can use the normal GUI version and use it as a node. I got it working. I will eventually write a little tutorial how to set up the docker node on Windows... Other question: Is it possible to find all raiBlocks accounts to make a rich list ?I managed to find 1600 accounts with non 0 balance using { "action": "frontiers", "account": "xrb_SomeRandomAccountWhichIcantRemember", "count": "5000" }
|
|
|
I'd like to create a simple use case for Rai.A reddit clone where upvoting costs rai. The rai will go to content creator. To do so, I need to set up an RPC node which I can access online.Ideally I could access it locally from a windows machine (on which I would do my development) The docker container https://github.com/clemahieu/raiblocks/wiki/Docker-node seems to work for linux only... Couldn't get it to run on my windows machine.
|
|
|
We'll see what nice surprise will arise ;-)
|
|
|
Thanks for the discussion and enthusiasm about RaiBlocks everyone. We're nearly finished with faucet maintenance and website updates. The delay is because we're ensuring everything is stable before we open the floodgates again. Thanks for your patience and stay tuned.
If you were actually the dev (clemahieu), with more than a few posts, this would carry more weight. If you look at github, you can see, he is the raiblocks.net website dev... So it actually has some weight. Given he is who he claims to be.
|
|
|
There is no way enough of this coin available without re-opening the faucet. Distribution is stalled at 18,186,192,099 KRAI as per the faucet. A mrai is currently selling at about 350 satoshis, so a krai is worth about 35 sats x 18 billion = 6,365 btc.
1 Mrai = 1000 krai So market capitalization is only 63.65 BTC at 350 per Mrai (0.35 satoshi x 18.19 billion). Ha! Even with a calculator, my math is rotten! So 63.65 btc @ $460 US each is less than $30,000 US - not much. But the dev wants more ways to use mrai, so someone should open a faucet (like they do for btc) and earn from ads for each person who claims. That would get some mrai moving around.This is what i suggested before but i got blasted for saying it. We need the faucet to be decentralized and like you said, it will get some mrai moving around. Everybody is free to open their own faucet and redistribute their own raiblocks earned by solving captchas. Like Bitcoin uses POW as a distributiin mechanism, raiblocks uses a faucet... You wouldn't suggest that every bitcoin miningpool receives 25BTC per 10 minutes... So why suggest multiple faucets?
|
|
|
I have a suggestion for the dev, he need to open source the Faucet and let anyone run it on their server same like a "Mining Pool". They Faucet owners earn from TX Fees and donations - this way MRAI will grow and get known by many new Users. Since faucet script uses API, I think it can be open sourced and decentralized so anyone can run it and the Distribution Progress stay the same.
P.S: Please comment if it is a good idea and get the dev know abt it.
The whole website is opensource. However I think its not possible to decentralize the faucet without giving access to the genesis account. That would be a bad idea. What would be the benefit of decentralizing? Amount of mrai is 21000 per hour and would not change... Further Raiblock transactions have NO transaction fee, so not possible to earn anything from it.
|
|
|
Are you sure there are bots capable of solving the captcha ? When you use a "recaptcha solving service" it is still humans solving the recaptchas, so everything is fine...
|
|
|
3 days faucet is still off, When a faucet RaiBlocks is online again?
Just wait it, dont too much to ask Dev working on it, if you feel you can bring back it online in fast just tell them to hire you to be their team Last time it took almost a whole week. I remember it came out on April or late March but it went down a week later for this same type of maintanence. That seemed to take ages. Lets see how long this will take and lets hope it does kill this coin. Why should it kill the coin ? The network is up and running since day 1 without any outageServices can be built. The Api is working fine. The only thing that's not working is the faucet. As long as initially created coins are not moved, everything is more than fine!
|
|
|
Is someone mining this Coin? because I see the blocks are moving.
All the coins are already created and will be distributed for free by solving captchas via a faucet. The faucet is undergoing maintainance to show statistics and graphs for a better user experience. I can't see why people are complining about development. This coin and the infrastructure around it is improving constantly.
|
|
|
|