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Author Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments  (Read 774983 times)
joksim299
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Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm


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April 19, 2016, 03:53:34 PM
 #1361

For the exchange - I would say we could do a campaign for Poloniex, it is by far the best alt exchange out there.

Poloniex is very hard to get onto. It may be better to start with a less ambitious option. Would be great to get onto Polo though.

YoBit, C-Cex would add RaiBlocks without any probems

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LemonAndFriesOne
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April 19, 2016, 03:58:31 PM
 #1362

How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security
cryptoboy.architect
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April 19, 2016, 04:01:26 PM
 #1363

How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security

Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.
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April 19, 2016, 04:09:16 PM
 #1364

Wallet status: Disconnected............

¯\_(ツ)_/¯
LemonAndFriesOne
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April 19, 2016, 04:13:18 PM
 #1365

How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security

Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.


So the fees paid to the miners are not incentives? whaaaaa???

edit: actually, since bitcoin is the #1 crypto used, I'm sure there is plenty of incentives and doubt empty blocks will be mined
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April 19, 2016, 04:15:39 PM
 #1366

How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security

Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.


So the fees paid to the miners are not incentives? whaaaaa???

Yes, but RaiBlocks doesn't need miners.

I don't think a lot of people understand how RaiBlocks works, dev should put up a simple explanation on how everything is secured and how it compares in tech with other cryptos.
clemahieu (OP)
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April 19, 2016, 04:21:55 PM
 #1367

How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security

Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.


So the fees paid to the miners are not incentives? whaaaaa???

Yes, but RaiBlocks doesn't need miners.

I don't think a lot of people understand how RaiBlocks works, dev should put up a simple explanation on how everything is secured and how it compares in tech with other cryptos.


Does this help? https://docs.google.com/document/d/13s6BKzRq9oD5Me55JBRzR7BdvjJ44QKqPu2lf-JsAlU/edit

RaiBlocks coin:  Instant blocks, no fees
cryptoboy.architect
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April 19, 2016, 04:38:11 PM
 #1368

How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security

Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.


So the fees paid to the miners are not incentives? whaaaaa???

edit: actually, since bitcoin is the #1 crypto used, I'm sure there is plenty of incentives and doubt empty blocks will be mined

My bad - yes, but they are so miniscule, that in theory if it's too costly to run a full node, it may be worth to just mine blank blocks.

I didn't explain myself correctly. What meant is that any system that has incentives also has some flaws.

My guess is that people who hold large Mrai balances will want to run a node, otherwise their holding will devalue.

Just like big BTC holders invest in technologies that help the whole ecosystem, not just themselves.
Byte16
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April 19, 2016, 05:09:23 PM
 #1369

My guess is that people who hold large Mrai balances will want to run a node, otherwise their holding will devalue.
What is system requirements to run RAI node? Wallet is CPU incentive. Is VPS enough? Or only something like dedicated 16-core Xeons? Also the transaction rate grows...

clemahieu (OP)
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April 19, 2016, 05:12:54 PM
 #1370

My guess is that people who hold large Mrai balances will want to run a node, otherwise their holding will devalue.
What is system requirements to run RAI node? Wallet is CPU incentive. Is VPS enough or you need something like dedicated 16-core Xeons? Also the transaction rate grows...

The CPU usage is put on to transaction generators. Being a representative is extremely light. The representative nodes I run are on 1 core 4$/mo vps machines.

The goal is to make running a representative as cheap as possible so we can get a greater diversity and decentralization.

RaiBlocks coin:  Instant blocks, no fees
Brightt202
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April 19, 2016, 05:13:55 PM
 #1371

Anyone please tell me how can i exchange my MRAIS in good rates?
fortunecrypto
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April 19, 2016, 05:18:44 PM
 #1372

Had a huge problem can anyone tell me how to unlock my wallet I accidentally locked but now each time I tried to unlock it's not unlocking anymore ,I am thinking of re installing it again but I don't know where I can extract there is no file on my %appdata% folders

cryptoboy.architect
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April 19, 2016, 05:30:32 PM
 #1373

Had a huge problem can anyone tell me how to unlock my wallet I accidentally locked but now each time I tried to unlock it's not unlocking anymore ,I am thinking of re installing it again but I don't know where I can extract there is no file on my %appdata% folders

Did you backup your seed key? As far as I know the seed key is not encrypted, so you may be able to reimport it.

Before you do anything of course I recommend you back up everything.
Byte16
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April 19, 2016, 05:33:40 PM
 #1374

My guess is that people who hold large Mrai balances will want to run a node, otherwise their holding will devalue.
What is system requirements to run RAI node? Wallet is CPU incentive. Is VPS enough or you need something like dedicated 16-core Xeons? Also the transaction rate grows...

The CPU usage is put on to transaction generators. Being a representative is extremely light. The representative nodes I run are on 1 core 4$/mo vps machines.

The goal is to make running a representative as cheap as possible so we can get a greater diversity and decentralization.
Thanks! I'll try to start node on VPS.

cryptoboy.architect
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April 19, 2016, 05:42:56 PM
 #1375

HODL

https://youtu.be/N1NupxasQWs
minime0105
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April 19, 2016, 05:47:24 PM
 #1376

can anyone tell me why my rai wallet is not synchronizing or what do i need to do to synchronize it..thanks..
metalizer
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April 19, 2016, 05:49:01 PM
 #1377

Кyплю mrai
hakanbalta577
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April 19, 2016, 06:11:15 PM
 #1378

what is that invalid account mistake  Angry
katiecbell
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April 19, 2016, 06:28:24 PM
 #1379

Whats MRai current price ?


I saw a website buying each Mrai at 10 sat..that too low..

I dont know exactly. but i have few...

can anyone buy from me at 100 satoshi atleast ? please
metalizer
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April 19, 2016, 06:30:35 PM
 #1380

Whats MRai current price ?


I saw a website buying each Mrai at 10 sat..that too low..

I dont know exactly. but i have few...

can anyone buy from me at 100 satoshi atleast ? please
I give 2 dogecoin 1 mai
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