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

[cryptoboy.architect]

I'm against social media accounts used in the process, as it compromises privacy to a degree.

I like the current method, yes, anything can and will be gamed, you can't prevent that.

However what I absolutely love about this distribution method is that anyone in any country no matter how rich or poor, could scoop some Mrai and keep it if they like. Yes, they can always sell it, but there is no pressure as the one the miners have, due to electricity costs.

This is also why I think it should be heavily constrained on time, so that it's less about captchas and more about time.

I want you to seriously consider increasing the Mrai distribution to something like 1,000, once per hour. or 10,000 once per 12 hours.

Then adjust the rewards based on interest, but keep the same long time wait.

[hakanbalta577]

so what are the last decisions ? I slept well and waiting again.

[kryptopojken]

OP you should see it as a good sign that so many are believing in your project....Only very few are using the faucet to sell it straight away

[hakanbalta577]

OP you should see it as a good sign that so many are believing in your project....Only very few are using the faucet to sell it straight away

I'm trying to collect and sell but I really believe in this project. Why I'm selling. Because I need some fast money now. Later I will collect only for myself.

[Ardenyham]

I want to know why the faucet getting off many times a day. yesterday it was turn off 3 times. and today it is already showing currently off message..
what  is the matter and when it will be available? I just want to collect some Mrais and sell them in trading thread.

[jibble]

I want to know why the faucet getting off many times a day. yesterday it was turn off 3 times. and today it is already showing currently off message..
what  is the matter and when it will be available? I just want to collect some Mrais and sell them in trading thread.

This has been explained numerous times, The faucet is following a distribution plan , The exponential rise in interest in the past week or so has caused a huge rush of people claiming coins, only a certain amount of coins are distributed a day , they are getting claimed by so many people that the faucet runs empty, or sometimes it causes the website to overload and slow down, allowing some people to claim and not others, the dev is working his ass off trying to fix the problem and improve the distribution method while sticking with the original distribution plan and numbers .

[BaronCoin]

When will be available the faucet?

[anders lokka]

I want to know why the faucet getting off many times a day. yesterday it was turn off 3 times. and today it is already showing currently off message..
what  is the matter and when it will be available? I just want to collect some Mrais and sell them in trading thread.

Lol,so you just want to collect free coin and sell them.
Great way to promote mrai.

[btcltccoins]

I'm against social media accounts used in the process, as it compromises privacy to a degree.

I like the current method, yes, anything can and will be gamed, you can't prevent that.

However what I absolutely love about this distribution method is that anyone in any country no matter how rich or poor, could scoop some Mrai and keep it if they like. Yes, they can always sell it, but there is no pressure as the one the miners have, due to electricity costs.

This is also why I think it should be heavily constrained on time, so that it's less about captchas and more about time.

I want you to seriously consider increasing the Mrai distribution to something like 1,000, once per hour. or 10,000 once per 12 hours.

Then adjust the rewards based on interest, but keep the same long time wait.

i strongly believe in this. Your faucet should not run the way  currently it is runing.

Mrai distribution should be to something like 1,000, once per hour. or 10,000 once per 12 hours. It will discourage the business peoples are doing on your Currency.

Mrai should be popualr but not popular in the wrong way.

Most of the Captha Solving threads not even say its a Currency. they say it their faucet service and they are paying to solve Capatha.

Just see their threads in Services. They are claiming the Faucet is down as they are working in it to increase the reward for Captha solving.

Mrai is a Cryto Currecny..not a Captha solving site only...



Please consider Increasing the time interval to at least 12 hours will discourage this on-going business and only genuine people who want Mrai will collect it.

Thanks

[jibble]

I'm against social media accounts used in the process, as it compromises privacy to a degree.

I like the current method, yes, anything can and will be gamed, you can't prevent that.

However what I absolutely love about this distribution method is that anyone in any country no matter how rich or poor, could scoop some Mrai and keep it if they like. Yes, they can always sell it, but there is no pressure as the one the miners have, due to electricity costs.

This is also why I think it should be heavily constrained on time, so that it's less about captchas and more about time.

I want you to seriously consider increasing the Mrai distribution to something like 1,000, once per hour. or 10,000 once per 12 hours.

Then adjust the rewards based on interest, but keep the same long time wait.

i strongly believe in this. Your faucet should not run the way  currently it is runing.

Mrai distribution should be to something like 1,000, once per hour. or 10,000 once per 12 hours. It will discourage the business peoples are doing on your Currency.

Mrai should be popualr but not popular in the wrong way.

Most of the Captha Solving threads not even say its a Currency. they say it their faucet service and they are paying to solve Capatha.

Just see their threads in Services. They are claiming the Faucet is down as they are working in it to increase the reward for Captha solving.

Mrai is a Cryto Currecny..not a Captha solving site only...



Please consider Increasing the time interval to at least 12 hours will discourage this on-going business and only genuine people who want Mrai will collect it.

Thanks

I think time intervals are the best way forward to preventing some of the stuff thats going on , but i don't think it will solve it completely people will still try to profit because there is a market for it and it has value.

Are the threads self moderated? If not post this trade thread https://bitcointalk.org/index.php?topic=1422828

everyone in those threads will see it is an actual crypto currency , hell even just post this thread to tell them its a currency, it might not prevent them from selling all they collect but they will be aware its a currency and at least some will be saved

[hakanbalta577]

You are saying that someone is going to sell these currency but someone is going to buy too that. So disturibution is going on. Also you said that it is faster than before but it will be faster 1 years later an faster the next 1year later.

[mightyghz]

it is necessary to reduce reward, but to leave unchanged the time interval

[anders lokka]

They have to complete delete faucet distribution and do it in another way.
it's just crazy think of a free distribution thru captcha solve for 8 years.

[jibble]

They have to complete delete faucet distribution and do it in another way.
it's just crazy think of a free distribution thru captcha solve for 8 years.

why is it crazy? Most fair way to distribute it . allows people even in 1 years time, in 6 years time , that uses the internet but doesn't know crypto to be able to easily claim some crypto currency and perhaps use it on a site.

anyone pretty much with any computer can claim some , the only people that can use crypto are those connected to the internet , this is the least restrictive way possible to distribute.

[kryptopojken]

I think the distribution is good the way it was also buying/selling IS distribution so

[hakanbalta577]

If the disturibution will continue in 8 years, only can do that; how much mrai will distrubute? Divided them to rest days and only this amount will disturibute in faucet everyday. Not more.
So everyone can see how many mrai is in the faucet in the day time and if there is not any mrai, they can wait the next day. Then you do not need to stop faucet manually. Automatically reload the amount of each day only.

[raetsch]

They have to complete delete faucet distribution and do it in another way.
it's just crazy think of a free distribution thru captcha solve for 8 years.

why is it crazy? Most fair way to distribute it . allows people even in 1 years time, in 6 years time , that uses the internet but doesn't know crypto to be able to easily claim some crypto currency and perhaps use it on a site.

anyone pretty much with any computer can claim some , the only people that can use crypto are those connected to the internet , this is the least restrictive way possible to distribute.

that is the point, mining with a smartphone isn't an easy way (except it is -20°C and you want a warm leg), claiming the coins from a faucet with a smartphone is very easy.

[hakanbalta577]

They have to complete delete faucet distribution and do it in another way.
it's just crazy think of a free distribution thru captcha solve for 8 years.

why is it crazy? Most fair way to distribute it . allows people even in 1 years time, in 6 years time , that uses the internet but doesn't know crypto to be able to easily claim some crypto currency and perhaps use it on a site.

anyone pretty much with any computer can claim some , the only people that can use crypto are those connected to the internet , this is the least restrictive way possible to distribute.

that is the point, mining with a smartphone isn't an easy way (except it is -20°C and you want a warm leg), claiming the coins from a faucet with a smartphone is very easy.

but how can you solve the wallet synchronizing cpu usage?? Also you need a powerful computer too. Just only 1 smartphone can not solve everything.

[raetsch]

correct, but my wallet is running one time a day, for 5 minutes.
my smartphone is running 24h a day.

[hakanbalta577]

correct, but my wallet is running one time a day, for 5 minutes.
my smartphone is running 24h a day.

Only 5 minutes? I think it will not enough for sychronization.