Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 100. (Read 775279 times)

It is an interesting project... but the whitepaper link is not working, can you share it please?

You trusted ppl who said... Gratulations.
Anyway, what happened with the price was due to the theft of about 10% of all Nanos, and then selling it on Binance. That's really simple.

the problem though is that there were many questions about the man in the middle attacks possible on XRB before the hack. There was a big discussion about them on the forum and myself as well as others pointed out that an exchanged can be tricked by a double spend. Of course that was theoretical and until proven it's still theoretical, but  exchange owner blames this on the flaw. What we need is an official answer from the police. Was bitgrail hacked and if so how, or was the owner a crook.

"Bitcoin sucks by the way. It is slow, it can cost $20 to send some, people spam it and kill the network all the time. Even doge is better."

This was true a few months ago.
The latest Bitcoin Core 0.16.0 has segwit by default. Faster, and low fees.
I'm not sure how anyone is paying $20 fees now?! you must be doing something wrong. I regularly see payments worth over $10,000 and the fee is less than 50c. The days of high fees are over my friend.
https://bitcoin.org/en/release/v0.16.0

Yes, Congratulation to all people who bought it low price, but I want to tell you I bought it in the Mercatox @15.30 USD, I trust the people who said that 
will be moon after listing in the binance, the fact is price dump now. 

Congrats for all the guys who bought around $6 and almost tripled last week end.

If Coin is bullish in bear market than we should be very careful,what will happen in bull market.

All guys who made huge profits,will sale and invest in other coins which are still in bear market to increase portfolio.

For any coin/token healthy growth is most important than fake news like Coinbase adding or others.

So If you still believe this will be keep sky rocketing,just HODL if you want to take profits just take and wait to re-invest until it stabilize at around 0.00100--0.001200.

Can anyone share his immediate experience on mobile beta wallet. Approximately 15 hours ago invitations to more than 2000 testers were sent. I hope more and more people will come here to share features and their personal reviews and thoughts in this thread with community.

Thx and thumb-up.

Let me help you understand. XRB boils down to a proof of stake system. All of the consensus is determined by nodes called representatives. People choose representatives to validate transactions, and their stake is proxied to these representatives.

Where is the value? The value is in the opportunity cost of the XRB. If the value of the XRB is used for something else, like selling the XRB and investing the proceeds in stocks and earning dividends, then this value will make profits. That lost profit (for those who don't sell XRB and invest in other assets) goes into the XRB network. Rather than burning up electricity, or diluting the money supply, individuals simply hold XRB they will use anyway and the opportunity cost is sunk into the value of the system.

That means, the more valuable XRB is, the more secure is the system because the opportunity cost is greater. This is like bitcoin where the more expensive it is to mine a bitcoin, the more secure the system is.

This XRB system requires only that a few people run very inexpensive nodes. If you have a raspberry PI and a $10 SSD card, you can run a representative node for about 2 watts of power. This can easily be paid for by any business that may have an income based on the utility of XRB. For example an exchange, or payment processor, or even a business that simply accepts XRB as a form of payment.

So, even though it requires a little "altruism" to run a node, the investment is negligible for any business, XRB community member, or even hobbyist.

You are right, nothing is free, but in XRB the costs are hidden because they are somewhat esoteric (opportunity costs). But ask any economist or investment advisor and they will tell you that when it comes to investments, opportunity costs are very real.

Problem is, there's nothing free in this world. Nothing. Where's the value of sth, if it's free? One Bitcoin costs in electricity only is couple thousand of dollars (I don't remember exactly).
Sb always pays for a service, here - money transfer. So ask yourself a question. How free Nano can compete with sth (not necessarily BTC) that ppl get paid for enabling others to use it?

I like Nano as an idea. I invested in it. But I don't see any intrinsic value in it. Just speculation. And the lack of proper PR (like Charlie Lee does for LTC, or dr. Hosp for TENX) just makes me sad.

The biggest problem is fees, fees will always be an issue no matter how fast BTC gets.  So NANO will always have that advantage.

As i know you can looking for information about Nano on telegram or discord channel, but i prefer discord channel because you can find announcement section. Then for Nano price, i think stable now at $12

Another analogy is "I gave the keys to my Ford to an Italian exchange operator and he took it. It's Ford motor company's fault my car got stolen."

So many questions left unanswered about when bitcoin was hacked on mtgox too.

What's your point? Exchanges get hacked.

Bitcoin sucks by the way. It is slow, it can cost $20 to send some, people spam it and kill the network all the time. Even doge is better.

LOL

I already heard about this technology. It is very interesting to observe the development. After all, the stated advantages really can push the crypto-currencies to the background

I sold a car to a friend of mine and it was stolen after he left it running outside with the door open. Am I to blame? According to your dumb ass logic yes. Dear god you need help.

true thing it should be updated. Or just a new one created. I would prefer second

When will the devs make a new ANN page for $NANO, this must be confusing to some noobs who are looking for info on it. BTW price is settling down, would rather have organic growth than a pump.

Some people make inspire other people and some discourage but investment is very tricky decision. We must do our own research don't listen anybody when they think and what they are doing there. Don't take advise or give suggestion to other people let this on future what is will bring.