RaiBlocks Newsletter 20th August 2017 (Issue: 3)Welcome to the third issue of the RaiBlocks Newsletter which is published every 2 weeks and aims to summarise developments in the RaiBlocks cryptocurrency ecosystem.
Core Wallet/Node DevelopmentThere has been ongoing work on the wallet/node, there have been 24 new commits on GitHub - nearly all this work has been on improving syncing, the rest of the team have been testing the latest wallets on major services including RaiWalletBot and YapRai. Its important that the wallet/node is fully tested before releasing, it’ll be worth the wait! Check out #development on slack for pre-release builds if you want to help test.
https://github.com/clemahieu/raiblocks/commits/masterThird Party ServicesVisualising the RaiBlocks NetworkCheck out a method of visualising the RaiBlocks network, based on a node with callback for every block and a grafana/influxdb setup you can see how transactions and addresses have changed over periods of time. There are plans for more methods of seeing the network in real time
http://data.yapraiwallet.space:3000/dashboard/db/xrb-live-dataYaprai - has now reached 5600 users and the team are currently working on translations of the site as well as a redesign.
Review of https://raiwallet.com by @abidonank (we are going to make this a regular feature)
‘As long as I have used raiwallet.com there has been no issues in sending and receiving XRB, it's quite responsive, good looking and tidy, one thing that I love from this wallet is we hold the private key......so it makes me feel safe and comfortable using it, being able to download the wallet data is quite good and innovative as the alternative security, one thing that bother me is changing alias at setting menu, it's not available as stated on welcome page when we create the account, my rating is 85/100’
Raiwallet.comTo test out the security of this innovative new web wallet its developer @jamiehgb has issued a challenge to test the wallet strength and security. He has created a wallet containing a prize bounty of 2000xrb and has released all the details except the password - if you want to try and crack it see here:
https://github.com/jaimehgb/RaiWebWallet#bountyHow to develop a RaiBlocks ServiceWhether you have an existing web service or starting from scratch its easy to integrate RaiBlocks, if you need a lot of accounts or will be doing a lot of transactions then you should run your own node, just a matter of compiling the node, syncing (now quick with the latest git commits) and then communicating with the wallet using the RPC. If you only need a few accounts (i.e. you use a single deposit account) you could use the yaprai wallet web api which has POST commands etc - for more information go to #yaprai_api on slack and for general development go to #development on slack.
User InterviewMafdet (@mafdet on slack and @mmafdet on twitter)
1)How did you find out about RaiBlocks?I found out about the project around a year ago - been buying and holding ever since - my holdings went x10 over the course of the year and yet to bat an eyelid, RaiBlocks mid term potential is x100 at a minimum, people will sell and buy in between, but the trend will stay intact long term - the price will push upward until we are on par with similar tech competitors (IOTA). Myself, i am by no means an amateur trader, over the last 10 years I've managed 10mm+ stock portfolio for a private investors firm based in New York, i plan to introduce RaiBlocks once the infrastructure is in place.
2)What makes you enthusiastic about RaiBlocks?Enthusiastic about RaiBlocks? the fact that we are Gen3.0 cryptocurrency - the possibilities are endless with instant and free transactions - in the not too distant future i believe fee-less blockchains will thrive - think of it this way, you have car A that costs $50,000 and $50 a week to keep running per week, and takes 1hr to get to work due to its low speeds. Then you have car B which also costs $50,000 but $0 per week to keep it running, and only takes 10mins to get to work now. Whats going to happen? car A is going to get phased out, quite fast. These block lattice/Tangle type blockchains will be the new foundation - and with RaiBlocks having a minuscule marketcap - its going to make a lot of millionaires and be the foundations for a lot of payment gateways and processors.
3)How can a user help the project?Show support - help others - build the community.
4)Where does RaiBlocks go next?A larger exchange, which is in the works
TwitterThere is a growing RaiBlocks community on twitter, following the tag $XRB (
https://twitter.com/search?q=%24XRB&src=ctag), many of these are investors in the coin, there is a lot of good info being published (and equally bad info) - it might be another place to get your updates as well as Slack, Telegram and bitcointalk.
Dev ProfileMe! @JayCox on slack and @jayycox on telegram
1) What Projects Do You Work On?I run the RaiBlockstradebot on telegram, YapRai wallet, XRB Jump and Run Game, data.yapraiwallet.space, also I edit the RaiBlocks Newsletter
2) How have you used RaiBlocks?I mainly use it for projects, its really easy to interact with the wallet node, my main language is python and just a simple function and the pycurl library and the node is integrate. Always happy to help people integrate a node into their service - just get in touch.
3) When did you get involved with RaiBlocks?About 1 year ago, it was suggested as an interesting cryptocurrency on
https://www.reddit.com/r/nyancoins/ and so got involved then, impressed with its speed and unique code base.
4) Whats your next project?I’m working on a number of projects right now, planning a 3d network explorer using D3.js (data.yapraiwallet.space is the beginning of this) as well as a number of translations of the YapRai wallet. More longer term I’m thinking about how to integrate RaiBlocks into merchant services - would be cool to actually be able to spend your xrb! Watch this space.
Technical Analysis of a FeatureWhat is the wallet seed?A wallet seed gives you access to your wallet (and accounts in the wallet) and can be used to rebuild your wallet if there is data loss (e.g. your computer dies). It is a string of upper case letters and numbers. It is VITAL that you backup your wallet seed and keep it safe (suggestions are writing it down and storing it in a safe location), do not leave it in a file unencrypted. If someone got hold of your wallet seed then they could gain access to all your xrb funds. If you use online wallets such as YapRai or RaiWalletBot then you don’t have access to your seed (as this would give you access to all the accounts! - the seed is kept very safe), the new raiwallet.com does give you access (all online wallets have the pros and cons).
Without the seed its impossible to rebuild your wallet and so its best you back it up straight after you create a wallet. For a guide on how to do this check out the RaiBlocks wiki:
https://github.com/clemahieu/RaiBlocks/wiki/Wallet-BackupsNext NewsletterStill keen for submissions, reviews and news, happy to donate xrb for your time. Next newsletter will be in 2 weeks time.
