[ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments

[Bybox]

You can't really blame the people that are claiming XRB down to such rates, i'm actually quite happy with the growing interest.
I've seen people complaining about the rates when it was like 1-2 XRB per cliam (60 times higher than now) and it was wrong back then as it is now... maybe in some months the reward will again get reduced by a factor of 60 and people will look at when it was 0.034/claim like a golden period full of opportunities

its so funny how people complain every time changes happen with the rewards i use to remember way back when i first knew the faucets claiming multiple tabs and getting  1:1 ratio but know making it difficult and people around really been affected, just like how bitcoin rise before considering
how easy to mine it and now how precious bitcoin has come.

Quite a bad comparison.. Bitcoin growing, and of course its price grow(and grow very good) =difficult to mine

Here is:
I got 150 mrai for 3k captcha solved(mrai price was 1080-1100 satoshi)
Today i got 94 mrai for 3100 captcha(mrai price is 950 satoshi)
It is not complaint, this is simple maths..

Imo it is not very profitable to mine this coin.You will earn more by trading

[1714968470]

1714968470

[1714968470]

1714968470

[harvw]

Does anybody have any ideas on the use cases for Raiblocks? It would be good to get some feedback on this.

[Byte16]

It's been about six months since I've opened my RaiBlocks wallet. Left it open for several hours, and it's not syncing. The userflow on the wallet version I have is pretty uneventful and poorly designed; I cannot tell if my seed is backed up. To be honest, I'm scared to download and install the latest version of my wallet. On a Mac. Any insight would be helpful. Thanks

It's backuped if you paste seed in some text editor after copying to clipboard.
Of course you have to use newest version with better sync.
Post your GUI suggestions here: https://github.com/clemahieu/raiblocks/issues

I've got several addresses in the wallet. Do I need to backup the seed for each of the addresses? I honestly wish it was better documented. Hoping the new UI is better than the one I have installed.

UI almost not changed. Seed backup is 1 for all accounts in wallet.

[Loco Motive]

Does anybody have any ideas on the use cases for Raiblocks? It would be good to get some feedback on this.

Anything you can imagine for a "standard" decentralized crypto-currency and more due the the zero-fee almost instant txs, enabling micropayments of any kind, costless money transfers between exchanges or people.

[jayycox]

Does anybody have any ideas on the use cases for Raiblocks? It would be good to get some feedback on this.

i'm currently working on a python based twitter bot which pays mrai for each retweet of a particular tweet, it currently checks the description page of the retweeter and if that contains an XRB address will send them some mrai. Its just a test but works quite well and due to the near instant txs is quite slick.

https://github.com/jamescoxon/rai_twitter_bot
https://twitter.com/xrb_giveaway

[statdude]

Can someone link me to any discussion about distribution, how long that will take, charts, etc.

[harvw]

Does anybody have any ideas on the use cases for Raiblocks? It would be good to get some feedback on this.

i'm currently working on a python based twitter bot which pays mrai for each retweet of a particular tweet, it currently checks the description page of the retweeter and if that contains an XRB address will send them some mrai. Its just a test but works quite well and due to the near instant txs is quite slick.

https://github.com/jamescoxon/rai_twitter_bot
https://twitter.com/xrb_giveaway

This is awesome. Please let us know when this is ready so that we can all start promoting this!

[Loco Motive]

Can someone link me to any discussion about distribution, how long that will take, charts, etc.

400'000 per day until 50% of the coins are distributed (160 mil) - 2018 approx.
And then eighter 400'000 per day for another year until all the coins are distributed or halving of the reward

[RaiBlocksCommunityWill]

Due to incentivate representatives to grow up I was thinking to distribute parts of the funds to top n representatives.
That would shift most of the funds from the official representatives to users representatives.

What do you think about this possible feature?

[infamous.]

Due to incentivate representatives to grow up I was thinking to distribute parts of the funds to top n representatives.
That would shift most of the funds from the official representatives to users representatives.

What do you think about this possible feature?

can you explain this in more detail? like a masternode?

[kamiyama]

Due to incentivate representatives to grow up I was thinking to distribute parts of the funds to top n representatives.
That would shift most of the funds from the official representatives to users representatives.

What do you think about this possible feature?

I want to know the details.

[SateRebus]

Need help my wallet disconnected

[rorschach1]

No fees: The RaiBlocks network has no notion of fees.

By the way I think there is been no fee to 2019 until all coins will be distributed. Interesting by that time selling Raiblocks will still only by through Telegram chat or we get normal exchange.. Anyway if Raiblocks will be listed on exchange technically there will no threat delisting because all coins will be distributed among users and there will no any miners who sending their tokens straight to exchange 

[poptok1]

No fees: The RaiBlocks network has no notion of fees.

By the way I think there is been no fee to 2019 until all coins will be distributed. Interesting by that time selling Raiblocks will still only by through Telegram chat or we get normal exchange.. Anyway if Raiblocks will be listed on exchange technically there will no threat delisting because all coins will be distributed among users and there will no any miners who sending their tokens straight to exchange 

But Raiblocks are listed on two exchanges already, they are mercatox and bitgrail (dedicated) if you add telegram bot exchange than you end up with three places to trade pay attention mr rorschach.
Telegram wallet has fees though, 1MRai for 1 transaction... I wonder what are the stats on those  fees, daily etc.   

[rorschach1]

No fees: The RaiBlocks network has no notion of fees.

By the way I think there is been no fee to 2019 until all coins will be distributed. Interesting by that time selling Raiblocks will still only by through Telegram chat or we get normal exchange.. Anyway if Raiblocks will be listed on exchange technically there will no threat delisting because all coins will be distributed among users and there will no any miners who sending their tokens straight to exchange 

But Raiblocks are listed on two exchanges already, they are mercatox and bitgrail (dedicated) if you add telegram bot exchange than you end up with three places to trade pay attention mr rorschach.
Telegram wallet has fees though, 1MRai for 1 transaction... I wonder what are the stats on those  fees, daily etc.   

Thanks I was not quite right. I didn't know about bitgrail. About mercatox I just heard that are scam and I was afraid to trade there

[Selsonblue]

I use mercatox and the exchange is fine. The admin shows up in trollbox as well and bans the nerds.

[veridisquo]

I use mercatox and the exchange is fine. The admin shows up in trollbox as well and bans the nerds.

when Poloniex?

[Byte16]

Need help my wallet disconnected

Disable firewall, restart wallet

I wonder what are the stats on those  fees, daily etc.   

Nothing big with top-60 system: 200-400 Mrai/day
https://raiblockscommunity.net/account/index.php?acc=xrb_3wu7h5in34ntmbiremyxtszx7ufgkceb3jx8orkuncyytcxwzrawuf3dy3sh

[SateRebus]

Need help my wallet disconnected



Disable firewall, restart wallet

i allready disable the firewall but still disconnected
anything else ?


the log show below


[2017-05-16 01:49:52.417268]: Node starting, version: 7.8.4
[2017-05-16 01:49:52.420270]: Work pool running 4 threads
[2017-05-16 01:49:52.421270]: Initiating bootstrap connection to [::]:0
[2017-05-16 01:49:55.097656]: UPnP local address: 192.168.0.107, discovery: 0, IGD search: 2
[2017-05-16 01:49:55.097656]: UPnP device url: http://192.168.0.254:1900/igd.xml st: urn:schemas-upnp-org:device:InternetGatewayDevice:1 usn: uuid:060b7353-fca6-4070-85f4-1fbfb9add62c::urn:schemas-upnp-org:device:InternetGatewayDevice:1
[2017-05-16 01:49:55.566725]: UPnP TCP mapping verification response: 402, external ip response: 0, external ip: 192.168.1.8, internal ip: 192.168.0.107, remaining lease:
[2017-05-16 01:49:56.073772]: UPnP UDP mapping verification response: 402, external ip response: 0, external ip: 192.168.1.8, internal ip: 192.168.0.107, remaining lease:
[2017-05-16 01:49:56.303801]: UPnP TCP port mapping response: 401, actual external port
[2017-05-16 01:49:56.573841]: UPnP UDP port mapping response: 401, actual external port
[2017-05-16 01:49:56.574843]: Error initiating bootstrap connection to [::]:0: The requested address is not valid in its context
[2017-05-16 01:49:56.575843]: Exiting bootstrap client to [::]:0
[2017-05-16 01:49:56.575843]: Exiting bootstrap attempt
[2017-05-16 01:49:57.928112]: Error resolving address: rai.raiblocks.net:7075, No such host is known

[Byte16]

Need help my wallet disconnected



Disable firewall, restart wallet

i allready disable the firewall but still disconnected
anything else ?


the log show below


[2017-05-16 01:49:52.417268]: Node starting, version: 7.8.4
[2017-05-16 01:49:52.420270]: Work pool running 4 threads
[2017-05-16 01:49:52.421270]: Initiating bootstrap connection to [::]:0
[2017-05-16 01:49:55.097656]: UPnP local address: 192.168.0.107, discovery: 0, IGD search: 2
[2017-05-16 01:49:55.097656]: UPnP device url: http://192.168.0.254:1900/igd.xml st: urn:schemas-upnp-org:device:InternetGatewayDevice:1 usn: uuid:060b7353-fca6-4070-85f4-1fbfb9add62c::urn:schemas-upnp-org:device:InternetGatewayDevice:1
[2017-05-16 01:49:55.566725]: UPnP TCP mapping verification response: 402, external ip response: 0, external ip: 192.168.1.8, internal ip: 192.168.0.107, remaining lease:
[2017-05-16 01:49:56.073772]: UPnP UDP mapping verification response: 402, external ip response: 0, external ip: 192.168.1.8, internal ip: 192.168.0.107, remaining lease:
[2017-05-16 01:49:56.303801]: UPnP TCP port mapping response: 401, actual external port
[2017-05-16 01:49:56.573841]: UPnP UDP port mapping response: 401, actual external port
[2017-05-16 01:49:56.574843]: Error initiating bootstrap connection to [::]:0: The requested address is not valid in its context
[2017-05-16 01:49:56.575843]: Exiting bootstrap client to [::]:0
[2017-05-16 01:49:56.575843]: Exiting bootstrap attempt
[2017-05-16 01:49:57.928112]: Error resolving address: rai.raiblocks.net:7075, No such host is known

Error resolving address: rai.raiblocks.net:7075, No such host is known
DNS error