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

[CrimBit]

your faucet uses point time of browsers, i'm get coins - close browser, n min left (n >1) open and click "Request" and see "Wait n seconds" when n -  is seconds to close browser. if you want all distributed at site 8 years, you need to fix it

That's intentional, otherwise people would close and open their browser to get them faster.

my english is bad, but i want to your understanding - when i close browser, go more what 1 min, may be and 10,

 when opening - wait "some" seconds to request. win7 64 bit Chrome browser. may be it only my bug?

It's okay, I can help explain.

You don't ever need to close your browser for this.  You just need to wait 1-minute after each success. If you close your browser, there is still a 1-minute timer for you on any new windows or tabs.

If you use Chrome Incognito OR if you clear your cache & cookies, you must still wait 1-minute before the Free Rai form will work again.

Does that help?

wlemahieu: are you related to clemahieu? why use a new username now? makes people think 

Indeed, we are brothers! Although, I only handle web-application concerns. I'm here to help with anything related to the website, so you'll see me in here from time-to-time.

"twin brother" 

[LemonAndFriesOne]

your faucet uses point time of browsers, i'm get coins - close browser, n min left (n >1) open and click "Request" and see "Wait n seconds" when n -  is seconds to close browser. if you want all distributed at site 8 years, you need to fix it

That's intentional, otherwise people would close and open their browser to get them faster.

my english is bad, but i want to your understanding - when i close browser, go more what 1 min, may be and 10,

 when opening - wait "some" seconds to request. win7 64 bit Chrome browser. may be it only my bug?

It's okay, I can help explain.

You don't ever need to close your browser for this.  You just need to wait 1-minute after each success. If you close your browser, there is still a 1-minute timer for you on any new windows or tabs.

If you use Chrome Incognito OR if you clear your cache & cookies, you must still wait 1-minute before the Free Rai form will work again.

Does that help?

wlemahieu: are you related to clemahieu? why use a new username now? makes people think 

Indeed, we are brothers! Although, I only handle web-application concerns. I'm here to help with anything related to the website, so you'll see me in here from time-to-time.

Ok whatever works, somebody has to scrutinize your project. 

[cryptoboy.architect]

faucet is buggy, stays in queue for too long.

hope you find a better distribution model, otherwise those with the good technical knowledge will abuse it and dump it on the first sign they can

also seems kind of fishy that someone is trying to set the price per coin at such high price

What 8.9 btc total marketcap at 100 satoshi per coin is too high a price?

You have to take into consideration the total supply of 300M MRAI as it will go pretty quickly. At least half of that. So really it's more like roughly 1000BTC market cap at the moment.

[jibble]

faucet is buggy, stays in queue for too long.

hope you find a better distribution model, otherwise those with the good technical knowledge will abuse it and dump it on the first sign they can

also seems kind of fishy that someone is trying to set the price per coin at such high price

What 8.9 btc total marketcap at 100 satoshi per coin is too high a price?

You have to take into consideration the total supply of 300M MRAI as it will go pretty quickly. At least half of that. So really it's more like roughly 1000BTC market cap at the moment.

No it wont , 1 year 50% of coins distributed ,
its been more than 6 months and only 9million have been distributed , now i agree the more popular the coin gets the faster it will deplete the faucet but you don't determine live upto date value of coins including coins that have not been distributed yet, you don't include all 21 million bitcoins

and 300 million? at 100 satoshi that's 300 btc .........your math is wayyyy off

[cryptoboy.architect]

[cryptoboy.architect]

i receive all coin which i claimed into my wallet. 
but i can't send to another wallet why...? 

Of course you can send. When you select account it automatically puts the address in the clipboard. Are you sure that changing accounts isn't just making it send to itself?

What is the problem exactly?

[joel_]

There is pretty cool tech behind this coin. And I must admit, I like the way it is distributed - if you think of it in terms of traditional pow:
- 'miners' are in fact people getting it off the faucet
- proof of work == 'miners' need to go to web faucet and 'waste' their resources (TIME) to mine (GET) new coins
- reward in coins 'miners' get is decreasing, and time needed to get those coins is increasing simulating increase in numbers of miners interested and thus in resources growth (aka 'miners' numbers and their resource 'wasting' growth in pow mining)

Key resource to consume to get the coins == TIME

This is similar to any pow yet much less wastefull, centralized and pretty honest and democratic, because:
1) no matter how much money you have
2) no matter how many expensive hardware or bots you are running
There is only one resource that can get you more coins and that is time - well unless someone hacks the site or games the system of course

And as we all know, time is one of the only few resources you can't BUY/STEAL/MANUFACTURE/CHEAT and also the one, we always have not enough of all the 'time' - so in that sense, Rai distribution is pretty well thought through. My respect to devs!

PS: And I guess because time is the main resource, I can see price will rocket from those few satosthis, because people ('miners') will soon demand higher reward (e.g. in BTC) for their time wasted by mining

[davide72]

i got 50k MRAi to sell any one interested please pm your best offer!

[2girls]

I have 2 questions.
According to Distribution scheldule, we hae to complele 50% in first year and only few months left in first year and we are only 2.8% distriputed.
Is it time to increase the faucet to 1000 or 500 each claim so that we may reach the target and also benefit the early adotpters ?

Distribution schedule:
Year 1: 2^127 50%
Year 2: 2^126 25%
Year 3: 2^125 13%
Year 4: 2^124 6.3%
Year 5: 2^123 3.1%
Year 6: 2^122 1.6%
Year 7: 2^121 0.8%
Year 8: 2^121 0.8%

Question no 2:
So when this will really be on the exchanges ? once all distribution is done ?? after 8 years ?? 2024 ?

[TheBomber999]

i got 50k MRAi to sell any one interested please pm your best offer!

You can sell your Mrai here if you want -> http://raiutility.btcprojects.com/sell

This is my website

[cryptoboy.architect]

You can sell your Mrai here if you want -> http://raiutility.btcprojects.com/sell

This is my website

That's a horrible price. I was offering 10-20 times more than what you offer on that site. Highly doubt anyone would sell at that price.

[TheBomber999]

Highly doubt anyone would sell at that price.

Already bought ~70k

[cryptoboy.architect]

I have 2 questions.
According to Distribution scheldule, we hae to complele 50% in first year and only few months left in first year and we are only 2.8% distriputed.
Is it time to increase the faucet to 1000 or 500 each claim so that we may reach the target and also benefit the early adotpters ?

Distribution schedule:
Year 1: 2^127 50%
Year 2: 2^126 25%
Year 3: 2^125 13%
Year 4: 2^124 6.3%
Year 5: 2^123 3.1%
Year 6: 2^122 1.6%
Year 7: 2^121 0.8%
Year 8: 2^121 0.8%

Question no 2:
So when this will really be on the exchanges ? once all distribution is done ?? after 8 years ?? 2024 ?

The only problem with this distribution is that it is centralized - you can never know if the dev has or will distribute some under the table to themselves, we have to take their word for it. Would've been nice if the claim itself had a bit of proof of work, this would've taken care of the cheaters as well.

[axlroses]

your faucet uses point time of browsers, i'm get coins - close browser, n min left (n >1) open and click "Request" and see "Wait n seconds" when n -  is seconds to close browser. if you want all distributed at site 8 years, you need to fix it

That's intentional, otherwise people would close and open their browser to get them faster.

my english is bad, but i want to your understanding - when i close browser, go more what 1 min, may be and 10,

 when opening - wait "some" seconds to request. win7 64 bit Chrome browser. may be it only my bug?

It's okay, I can help explain.

You don't ever need to close your browser for this.  You just need to wait 1-minute after each success. If you close your browser, there is still a 1-minute timer for you on any new windows or tabs.

If you use Chrome Incognito OR if you clear your cache & cookies, you must still wait 1-minute before the Free Rai form will work again.

Does that help?

wlemahieu: are you related to clemahieu? why use a new username now? makes people think 

Indeed, we are brothers! Although, I only handle web-application concerns. I'm here to help with anything related to the website, so you'll see me in here from time-to-time.

win wallet issue still not sync?

[anders lokka]

This coin seems 100% centralized.
Tech could be good, but centralization is what is kill this coin.
And free distributions never is a good idea.

Free faucet coin in 2016? Bad.

But i'm watching...

[anders lokka]

This coin seems 100% centralized.
Tech could be good, but centralization is what is kill this coin.
And free distributions never is a good idea.

Free faucet coin in 2016? Bad.

But i'm watching...

So bitcoin at starting was more expensive than now? I don't think!

This coin is the freedom!

Bitcoin is bitcoin. This is an altcoin like thousands.
Who you are? A 20 years old guy spending days desperately on the faucet?
Be constructive!!


Every thread is the new bitcoin.
Eth is the new bitcoin
Decred is the new bitcoin
etc etc

Please, we don't need people like you that just make no sense hype.

If you're not blind to see that this coin is centralized and faucet distribution is not fair,means that you're just a little kids spending hours on faucet,with only purpose to receive free coin.

[GamblingIsWrongWay]

if the wallet of the recipient sends the network a signature of the input transaction, then you can track the start time of the wallet? rightly or no?

The wallet also needs to be unlocked otherwise it doesn't have access to the signing key.

You could guess if a wallet was unlocked or turned on if you see a burst of receives for a single account.

Is this was you mean?  If this is concerning it seems like it could be coded to wait random amounts of time to obfuscate it.

I mean that the block chain contains the time of signing the Inbox (when the recipient sees this) of a transaction or not?

or this information does not contain in signature?

I see, there are no time stamps in the block chain.

No need of timestamp, do one thing and do it well is the way

when the patch release..?

[raetsch]

This coin seems 100% centralized.
Tech could be good, but centralization is what is kill this coin.
And free distributions never is a good idea.

Free faucet coin in 2016? Bad.

But i'm watching...

So bitcoin at starting was more expensive than now? I don't think!

This coin is the freedom!

Bitcoin is bitcoin. This is an altcoin like thousands.
Who you are? A 20 years old guy spending days desperately on the faucet?
Be constructive!!


Every thread is the new bitcoin.
Eth is the new bitcoin
Decred is the new bitcoin
etc etc

Please, we don't need people like you that just make no sense hype.

If you're not blind to see that this coin is centralized and faucet distribution is not fair,means that you're just a little kids spending hours on faucet,with only purpose to receive free coin.

but an airdrop is fair, yes?
come on, didnt see you passing by decred because of its unfair distribution.

you were one of the ltcr hypers, that tried to tell everybody, that ltcr goes up, when dcr is released...

[anders lokka]

I already talked with dev here, to find a solution to not allow multiple faucet request(maybe just one request from one ip at all).
Or maybe to put faucet at 10 mrai instead of 100.

Don't know. Just trying to make a more fair distribution instead of 8 years faucet.

Ltcr? Yes, i bought below 100 and sold at 500....so,it was a huge profit.

[immangrace]

Linux wallet is not opening up. How to resolve it?