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Author Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments  (Read 774982 times)
BarkingHawk
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October 04, 2017, 11:15:18 PM
 #7861

You would think people smart enough to break an audio capcha as complicated as this one with a bot would be doing something else with their talents.  I can't be easy to automate breaking down the audio until the numbers are understandable.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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deethe2
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October 05, 2017, 06:16:56 AM
 #7862

Therrs a huge possibility that was doing of bot
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October 05, 2017, 07:07:41 AM
 #7863

Therrs a huge possibility that was doing of bot

Yes it is. If you're going to check the last payment history DISTRIBUTION OF 2017-10-05 06:00:03 (1507183203) from top 2 - 35 accounts belongs to only 1 person. Smiley As you can see they're all sending XRB on 1 account - xrb_11krtiurjqw8zrimt5icgt3fhsdik7qg8njffdifx7omi8a6on5wco5u4536

He got more than 150,000 XRB on that account. Smiley
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October 05, 2017, 07:19:15 AM
 #7864

Does anyone have an infographic comparing Raiblocks with IOTA and Bitcoin and/or Ethereum?

that will be a good comparison, will like to see that
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October 05, 2017, 12:21:03 PM
 #7865

What are we waiting to stop the faucet, one single pools has collected 160 000 xrb into 2-3 days not sure about the time it took, but its pretty clear the faucet is being abused with those ilegal pools wich redirects the users to the main faucet....https://raiblocks.net/account/index.php?acc=xrb_1krk59hztimazrartbssu5y311sa7qbgb5hrqpykwp1mfdxqzjijboktj93q  this one has collected already 700 000 xrb, its pretty clear the distribution model into faucet has failed.

I hope something will be done before day 15 October, its pretty clear this isnt working the way it were projected to be, fair distribution model isnt happening at all... I will ignore the other member above wich is clearing post non sense.... investors wont feed the pools greedy person for a long road, no matter raiblocks potencial. Its the same to make a new fork at bitcoin all days...

As i had sugested into slack maybe is time to ask the real supporters and not the faucet claimers and slaves...

We need a public vote using xrb to vote into the options we do have, i made an example

- burn remaining coins- send 1,01 xrb
-boost the faucet distribution- send 1,02 xrb
-airdrop the remaining coins- send 1,03 xrb
-stop faucet, use the remaing coins to marketing and get more developer inside the project, maybe a full time one- send 1,04 xrb

example wallet xxxxxx has 4 milion xrb and he does wanna to burn the remaining coins soo he will send once 1,01 xrb to the adress
example wallet xxxdddd has 30000 xrb and he wanna to stop the faucet soo he will send once 1,04 xrb

To get the community feedback would be easy to make something like that; would work even with just 0,01-0,04 xrb....


Each account would get a % vote according the number of coins he has, soo a 4 milion xrb account voting would have more value then 5 accounts with 100 000 xrb each...
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October 05, 2017, 12:33:48 PM
 #7866

The pools are online again every hour the majority of XRB was sent with the same address.

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October 05, 2017, 01:29:31 PM
 #7867

as an investor I dont want to finance bots
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October 05, 2017, 02:46:09 PM
 #7868

Please do something against those bots. Some verification process by mail or something different. They are dirty rats and thieves who develop those bots.
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October 05, 2017, 03:43:09 PM
 #7869

What are we waiting to stop the faucet, one single pools has collected 160 000 xrb into 2-3 days not sure about the time it took, but its pretty clear the faucet is being abused with those ilegal pools wich redirects the users to the main faucet....https://raiblocks.net/account/index.php?acc=xrb_1krk59hztimazrartbssu5y311sa7qbgb5hrqpykwp1mfdxqzjijboktj93q  this one has collected already 700 000 xrb, its pretty clear the distribution model into faucet has failed.

I hope something will be done before day 15 October, its pretty clear this isnt working the way it were projected to be, fair distribution model isnt happening at all... I will ignore the other member above wich is clearing post non sense.... investors wont feed the pools greedy person for a long road, no matter raiblocks potencial. Its the same to make a new fork at bitcoin all days...

As i had sugested into slack maybe is time to ask the real supporters and not the faucet claimers and slaves...

We need a public vote using xrb to vote into the options we do have, i made an example

- burn remaining coins- send 1,01 xrb
-boost the faucet distribution- send 1,02 xrb
-airdrop the remaining coins- send 1,03 xrb
-stop faucet, use the remaing coins to marketing and get more developer inside the project, maybe a full time one- send 1,04 xrb

example wallet xxxxxx has 4 milion xrb and he does wanna to burn the remaining coins soo he will send once 1,01 xrb to the adress
example wallet xxxdddd has 30000 xrb and he wanna to stop the faucet soo he will send once 1,04 xrb

To get the community feedback would be easy to make something like that; would work even with just 0,01-0,04 xrb....


Each account would get a % vote according the number of coins he has, soo a 4 milion xrb account voting would have more value then 5 accounts with 100 000 xrb each...

What the... These guys are good in looking for a way to get around the faucet.
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October 05, 2017, 06:44:42 PM
 #7870



I was wondering if it's hard to program a script that airdrops coins based on how much one has in it's wallet.
Frontiers list could be used to pull the % to distribute to each wallet; and we could have DAILY airdrops, following the inflactionary scheme that is already in use for the faucet.

It would be an incentive for people to hold their coins like in POS; and exchanges that usually gather lot of coins from their users, would get an advantage listing Raiblocks as they get a lot of XRB daily.
Therefore would be easyer for us to get on bigger exchanges.



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October 05, 2017, 07:19:56 PM
 #7871



I was wondering if it's hard to program a script that airdrops coins based on how much one has in it's wallet.
Frontiers list could be used to pull the % to distribute to each wallet; and we could have DAILY airdrops, following the inflactionary scheme that is already in use for the faucet.

It would be an incentive for people to hold their coins like in POS; and exchanges that usually gather lot of coins from their users, would get an advantage listing Raiblocks as they get a lot of XRB daily.
Therefore would be easyer for us to get on bigger exchanges.






While this might be a really cool idea, it would put a lot of stress on the network and the server that handles transactions.
BUT, you could set a threshold that only accounts with >N (e.g N = 10000 XRB) get a daily payment.
Maybe you could make a weekly payment, so fewer tx would be needed.

With this solution,
- holding would be incentivised until distribution is over.
- buying more coins would be rewarded
- but it would also favour the "rich are getting richer" scheme...

cryptomass
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October 05, 2017, 07:32:26 PM
 #7872



I was wondering if it's hard to program a script that airdrops coins based on how much one has in it's wallet.
Frontiers list could be used to pull the % to distribute to each wallet; and we could have DAILY airdrops, following the inflactionary scheme that is already in use for the faucet.

It would be an incentive for people to hold their coins like in POS; and exchanges that usually gather lot of coins from their users, would get an advantage listing Raiblocks as they get a lot of XRB daily.
Therefore would be easyer for us to get on bigger exchanges.






While this might be a really cool idea, it would put a lot of stress on the network and the server that handles transactions.
BUT, you could set a threshold that only accounts with >N (e.g N = 10000 XRB) get a daily payment.
Maybe you could make a weekly payment, so fewer tx would be needed.

With this solution,
- holding would be incentivised until distribution is over.
- buying more coins would be rewarded
- but it would also favour the "rich are getting richer" scheme...



Well, if the newtork is stressed for a few thousand transaction/day added by this hypotetical airdrop, then it means raiblocks is not good for a production environment.
But I think it is, and that those extra transaction won't be a problem! Smiley
As for the rich getting richer... well, POS works the same way but still widely used.
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October 05, 2017, 07:49:12 PM
 #7873



I was wondering if it's hard to program a script that airdrops coins based on how much one has in it's wallet.
Frontiers list could be used to pull the % to distribute to each wallet; and we could have DAILY airdrops, following the inflactionary scheme that is already in use for the faucet.

It would be an incentive for people to hold their coins like in POS; and exchanges that usually gather lot of coins from their users, would get an advantage listing Raiblocks as they get a lot of XRB daily.
Therefore would be easyer for us to get on bigger exchanges.






While this might be a really cool idea, it would put a lot of stress on the network and the server that handles transactions.
BUT, you could set a threshold that only accounts with >N (e.g N = 10000 XRB) get a daily payment.
Maybe you could make a weekly payment, so fewer tx would be needed.

With this solution,
- holding would be incentivised until distribution is over.
- buying more coins would be rewarded
- but it would also favour the "rich are getting richer" scheme...



Well, if the newtork is stressed for a few thousand transaction/day added by this hypotetical airdrop, then it means raiblocks is not good for a production environment.
But I think it is, and that those extra transaction won't be a problem! Smiley
As for the rich getting richer... well, POS works the same way but still widely used.

It's a lot of stress for the servers doing the POW to prevent tx spam. One tx needs ~5s POW.
We now have 120.000.000XRB.
Even if we limit the distribution to accounts with >1000XRB, there are potentially ~100.000 eligle accounts . This equals 100.000tx /day only for distribution. That's huge volume for a single server to handle.

The network should not be a problem :-)
If you don't limit eligible accounts, attackers could create many accounts with a low balance, whixh would result in even more transactions.

To put it into perspective: today there are 24*200 = 4800tx/day to do the distribution
cryptomass
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October 05, 2017, 08:29:38 PM
 #7874



I was wondering if it's hard to program a script that airdrops coins based on how much one has in it's wallet.
Frontiers list could be used to pull the % to distribute to each wallet; and we could have DAILY airdrops, following the inflactionary scheme that is already in use for the faucet.

It would be an incentive for people to hold their coins like in POS; and exchanges that usually gather lot of coins from their users, would get an advantage listing Raiblocks as they get a lot of XRB daily.
Therefore would be easyer for us to get on bigger exchanges.






While this might be a really cool idea, it would put a lot of stress on the network and the server that handles transactions.
BUT, you could set a threshold that only accounts with >N (e.g N = 10000 XRB) get a daily payment.
Maybe you could make a weekly payment, so fewer tx would be needed.

With this solution,
- holding would be incentivised until distribution is over.
- buying more coins would be rewarded
- but it would also favour the "rich are getting richer" scheme...



Well, if the newtork is stressed for a few thousand transaction/day added by this hypotetical airdrop, then it means raiblocks is not good for a production environment.
But I think it is, and that those extra transaction won't be a problem! Smiley
As for the rich getting richer... well, POS works the same way but still widely used.

It's a lot of stress for the servers doing the POW to prevent tx spam. One tx needs ~5s POW.
We now have 120.000.000XRB.
Even if we limit the distribution to accounts with >1000XRB, there are potentially ~100.000 eligle accounts . This equals 100.000tx /day only for distribution. That's huge volume for a single server to handle.

The network should not be a problem :-)
If you don't limit eligible accounts, attackers could create many accounts with a low balance, whixh would result in even more transactions.

To put it into perspective: today there are 24*200 = 4800tx/day to do the distribution

Good point, you're right!
Maybe, if a setup similar to this one is used, is then a good solution to limit the accounts airdroppe:)
mastica
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October 06, 2017, 12:18:45 AM
 #7875



I was wondering if it's hard to program a script that airdrops coins based on how much one has in it's wallet.
Frontiers list could be used to pull the % to distribute to each wallet; and we could have DAILY airdrops, following the inflactionary scheme that is already in use for the faucet.

It would be an incentive for people to hold their coins like in POS; and exchanges that usually gather lot of coins from their users, would get an advantage listing Raiblocks as they get a lot of XRB daily.
Therefore would be easyer for us to get on bigger exchanges.





This would be better then faucet, soo big holders, investors would be able to sell some coins to others, soo they could acess the distribution as others, the faucet cant keep that way pools mining paying unrealistic values to the workers and getting all the distribution. Light wallet should make transactions possible without any issue at all and i know developers are taking care of those, trying to improve the system.
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October 06, 2017, 03:14:12 AM
 #7876

the threshold is rising up again, around 1300+ now  Sad
so it seems pool has figure out how to break the audio captcha?
or perhaps at least they able to help user solve current audio captcha
I noticed the XRB russian thread has pretty active discussion
but even with google translate, I still can't understand half of it
anyone care to share some good discussion there in english here

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October 06, 2017, 08:12:34 AM
 #7877

What i don't get is that why don't devs fix the TH and per account xrb coins to a certain number (like 1000 for TH and 80 for Xrb) and yes change it whenever they want, so when they see bots getting back again only the voice captcha will be required to change. When i last visited raiblocks site the xrb distribution percent was around 33 and after a month or so its 35 something, so only a 2% a month gain in xrb distribution not to mention the coin rate that went down from 3500 sat to 1680 just now (so >50%), yeah ppl gonna say every coin dropped but that was 15 days back and take a look at altcoins value now and decide yourself. I have no idea how many coins devs want to distribute but at this rate it will take months to even get to 50% and who knows what will be the value of xrb coin at that time, as there is no limit on the wallet, so the ppl can sell as many coins they have and claim again....

My only question is where do they want to reach?
And my concern is When they do reach the desired xrb distribution, will there be any value left of the coin?
Why can't they limit the ppl from selling this coin by putting limits on the wallet?

By this pattern ppl are getting a message:- claim this coin > Sell this coin to btc or other altcoins> Claim again> Sell again
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October 06, 2017, 02:29:40 PM
 #7878

the threshold is rising up again, around 1300+ now  Sad
so it seems pool has figure out how to break the audio captcha?
or perhaps at least they able to help user solve current audio captcha
I noticed the XRB russian thread has pretty active discussion
but even with google translate, I still can't understand half of it
anyone care to share some good discussion there in english here

We just trying to figure out Who Framed Roger Rabbit  Grin Grin Grin
Piston Honda
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October 06, 2017, 02:54:19 PM
 #7879

Bittrex or deaaaaaathhhh
lol

/EMO

$ADK ~ watch & learn...
bustedsynx
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October 06, 2017, 05:28:10 PM
 #7880

Oh my God! Raiblocks still using that outdated mode of distribution? The faucet idea is past its prime. There are better ways to distibute XRB. Why not distribute it to Byteball holders or IOTA holders. Even to other coins like Doge whatever.


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