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Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 163. (Read 775150 times)

member
Activity: 139
Merit: 10


All of these "concerns" have been addressed numerous times already - it is pure FUD. The same accounts keep posting it over and over again because they are super salty that the XRB price keeps going up and they missed the boat. Ignore them.

To all newcomers to Raiblocks

If you are new to Bitcointalk you may not realize how things work around here. Ask yourself this - why would someone who states that Raiblocks is crap/a pump and dump/full of flaws, etc. keep coming on here posting the same thing over and over again even though it has already been addressed numerous times before? Because they care about noobs and want to protect them from the big bad Raiblocks dev stealing their money? LOL, I think not.

There are 3 reasons for these FUD (Fear, Uncertainty, Doubt) posts:

1) Usually the person posting the FUD is actually holding the coin they are bashing - they make negative posts in an attempt to drive down the price so they can buy more.

2) They may also be holding a competing coin (IOTA for example) and they are angry that another coin has taken the spotlight away from them. You can spot people in this group as they will often have a signature advertising another coin or they will shill it directly in their post.

3) Pure saltiness. This forum has really gone downhill over the years and it is now filled with desperate, salty children who are angry that they missed the boat.

The world is full of toxic people who cannot accomplish anything on their own so they try to make themselves feel better by attacking other people's accomplishments. Ignore them and DO YOUR OWN RESEARCH!
newbie
Activity: 24
Merit: 0
I think the developers should team up with the Stone dev and combine great idea's, create two of the best DAG, zero fee based coins, Stone can be litecoin to Raiblock's Bitcoin. If your interested in supporting DAG based chains, jump over to the Stone thread and show your support: https://bitcointalksearch.org/topic/pre-ann-stone-dag-data-structured-private-cryptocurrency-2581762
newbie
Activity: 26
Merit: 0
Hello people, who can help me? Have made a payout of my Gitbrail account on my DesktopWallet (version 9.0). WALLET IS SYNCHRONIZED AND OPEN BUT'S written in explorer "Received, pending deposit to balance." What's going on? How can I get my coins?
full member
Activity: 546
Merit: 102
just a few days ago $XRB reached 2 billion marketcap
and now has reached 4 billion marketcap and $ 30 each XRB
oh my goodness  Shocked
sr. member
Activity: 742
Merit: 251
https://twitter.com/BitGrail/status/948013726833225728

For addresses (not accounts) created starting from December 16 new minimum deposit for XRB is 1 (Mrai). Minimum trade lowered to 1 XRB (Mrai). Minimum withdraw is now 1.

sr. member
Activity: 742
Merit: 251
Intresting coin but why it's not listed at main exchanges like bittrex, binance, bitfinex ect ? It will be more easy for investors to buy this coin. I'll buy some but for that i need to register at new exchanges Sad

https://www.binance.com/vote.html
vote for RaiBlocks (XRB) Wink
hero member
Activity: 952
Merit: 552
Oh my, oh my!

All of these nobs are now experts in blockchain security.  What a fucking laugh!

This baby is going places!  The buy pressure is incredible and will probably not stop right up the Binance Listing.

This is worth buying and watching with some popcorn.

member
Activity: 308
Merit: 11
any news on bigger exchanges? what about the voting contest on binance?

In current vote it is winning:
https://www.binance.com/vote.html

No RaiBlocks social is advertising it and they don't talk about exchanges until the moment they are already listed.

Currently just the usual three shity exchanges list XRB (Bitgrail, Mercatox, Bitflip).

In past times Cryptopia and Bittrex (just two days testing and then no listing) listed it and delisted after a while.

thanks you. Hopefully it really wins the binance vote

Voted  Cool

Get in and vote before 5th Jan
newbie
Activity: 14
Merit: 0
Hi There

I wanted to do all in on XRB so i made some research and i came accross all these posts

What are your thoughts please on this ?

It appears (from the writeup) that you are unaware of sybil attacks?

The graph of transactions in bitcoin already functions like what you describe (except 'accounts' are single use txouts); Bram Cohen likes to call Bitcoin without the blockchain "bitpeso".  In Bitcoin the blockchain is overlaid on top of "bitpeso" to resolve "complex forks" (using your language) in a manner that allows someone to join the network and know which resolution is authoritative in a way which is both robust to sybil attacks and does not require membership (because a membership process would create control over the system).

In your description you appears to liberally conflate forks and double-spending.  In Bitcoin, double spending a traditional txout requires malicious behavior, just as you describe.  Blockchain forking in the absence of double spending is benign and no different to the "multiple resolution rounds" you mention from your resolution protocol but fail to describe detail sufficient to permit any analysis.


afaics you have not definitively stated the frame-of-reference—employed by your ("every UTXO output has its own block chain")

Those words are in quotes though it is not factually a quotation.

Perhaps American English is not your native language? I did not quote you. If I did, I would have used the normal forum quoting as I always do. Placing a phrase between double quotes can also mean that the quoted description is an example of how someone might say it (not specifically any person, since the quote was not attributed to any person)

According to the writer's handbook https://writing.wisc.edu/Handbook/QPA_quoting.html  Quotations are literal quotations and should cite references, Adding Clarification, Comment, or Correction requires square brackets around what you're modifying.

http://www.apastyle.org/learn/faqs/use-double-quotes.aspx

I'm sure you'll have no problem writing up another post Wink

I warned you not to write condescendingly to me again. Now I will more forcefully state the facts.

I can see I am dealing with a pedantic Dunning-Kruger jackass who has too limited understanding of the technical field to discern technobabble from expertise.

Arguing with someone who is not knowledgeable enough in the field to know whey are acting as a Dunning-Kruger jackass, ends up being an enormous waste of time and effort for the expert.

When you are ready to come down from your ignorant high horse and learn, let me know.

Note most readers here are not knowledgeable enough to discern that you are not an expert. Thus you can probably convince them to invest in your project. The proof of failure will come down the line. No need for me to educate you beforehand, given your attitude.

I'm afraid I largely agree with TPTB_need_war; without a voting history, I find it hard to see how there can be a reliable, unforgeable consensus for 'now'.

That's not correct, the consensus now is all that matters.  For instance as humans we don't have a record of all governments and all decisions going back to the beginning of time yet we have a consensus about what we agree to at this moment.  A historical record can be interesting but the only thing that matters is consensus at this current point in time, only historians care about anything else and currency isn't about a history lesson.

This is true in the real world because time travel is impossible.  Cryptocurrencies must strive to make time travel, voting on past history, or presenting fraudulent histories very hard, or the 'now' won't be reliable or consistent.

As monsterer and I have been alluding to up thread

Monsterer and I have been having discussions and you may not be in as much agreement as you believe.

I will wait to see a public post from monsterer if he disagrees with my assessment. Are you referring to private discussions with him? Because in my quick perusal of his public posts in this thread, they seem to be congruent with my points. Feel free to point out a case where you think his points are not congruent with mine.

afaics you have not definitively stated the frame-of-reference—employed by your ("every UTXO output has its own block chain")

Those words are in quotes though it is not factually a quotation.

Perhaps American English is not your native language? I did not quote you. If I did, I would have used the normal forum quoting as I always do. Placing a phrase between double quotes can also mean that the quoted description is an example of how someone might say it (not specifically any person, since the quote was not attributed to any person).

design—for Byzantine fault tolerant consensus

There is no such thing as Byzantine fault tolerance since the byzantine problem is stated in terms of separation of communication a.k.a. network partitioning.  Only after partitions have been merged can a final conclusion be reached for instance bitcoin isn't tolerant against partitioning since if the network was partitioned and each separate segment was generate separate block chains, a conclusion as to which is the longest couldn't be reached until the partitions were merged and the results compared, hence it would no longer by a byzantine problem.  Please read up more on the topic before commenting on them.

Do NOT again write an absurd condescending remark that assumes I hadn't yet researched the fundamental concepts.

Try to remain respectful please (and leave the ad hominem diarrhea aside) as we had been up thread.

I have no idea what rational basis you have told yourself to justify assuming I don't understand the definition of Byzantine fault tolerance. How could I possibly be commenting with so much technical knowledge in your thread if I hadn't yet researched the fundamental concepts.

https://en.wikipedia.org/wiki/Byzantine_fault_tolerance

, so I have now expended the time to research, think, and hopefully correctly define it.  Your design's frame-of-reference for Byzantine fault tolerant consensus is majority of the vote by the "voters" which have locked a suitable amount of coins (value). We must determine the (game theory) objectivity of this frame-of-reference and the impacts within the CAP theorem.

Again, the CAP theorem states that all three states cannot simultaneously be achieved so by the nature that RaiBlocks, in addition to any crypto currency, does not claim it can operate while partitioned, this means at most we're claiming 2 out of 3 which by definition satisfies the CAP theorem and no cryptocurrency out there is violating it.  Please read more before commenting.

This ad hominem noise again.

Yet another vacuous argument demonstrating that you do not understand that Bitcoin is partition tolerant within its Byzantine fault tolerant objectivity. Byzantine fault tolerance doesn't mean that CAP has to be fulfilled for those observers who are ignoring the longest chain rule or who are unwilling to accept the probabilitistic nature of the expectations (and thus the fault tolerance). Within Bitcoin's objectivity of the longest chain, all three of the CAP attributes are attained. And my criticisms of your design are about its ill-defined objectivity.

Let this technical rebuttal be instructive to you on the fact that my skills/expertise/research in this area are higher than you apparently assume (given your condescending remarks and your continual unwillingness to accept that 3 experts gmaxwell, monsterer, and myself have come into your thread and graciously tried to explain that your design has serious flaws).

The rest of your reply really seemed to start going off the rails of rational logic. But I will try to find the desire to reply to it point-by-point after I cool down from the lashing of your condescending assumptions above.

Nodes take the first block they receive or which ever block is winning in votes as observed by vote traffic coming off the network compared against the set of stake holders currently in the ledger. 

So at the very least, nodes which are syncing would accept my fork as truth? Also possibly online nodes if my fork was presented within some window of time?

Sounds right I think, bootstrap poisoning is one attack vector.  One way to address this would be to bootstrap to your representative or whoever gave you your wallet code.  Presumably if you trust them enough to download and execute a program that manages your private keys, you can trust them to bootstrap you correctly.

Another option is to bootstrap to someone you're interested in sending to, a merchant perhaps, because in the end the only thing that matters is if they'll accept your payments as valid and they'll tell you what they're accepting through bootstrapping.

Another problem would be if almost everyone simultaneously changed their representative while forks were occurring. This would would require every account to be online and simultaneously signing a change to their representative; interesting but I don't see that actually happening.

But after reading all this i concluded that XRB is not finally secure and that i needed to stay away of it, that's why no exchanges is selling it, its because they understood that its gona be a big mess no ? I see multiple experts of this forum telling that its XRB is faulty so i do not understand why this hype...

Thank you for your help if maybe i am not understanding well the situation



sr. member
Activity: 882
Merit: 310
Because alpha product, nonetheless, shouldn't have so big valuation.
I know you are all on "moon mission", and I'm "salty" for you, but truth to be told, in reality there must be something going on behind the scenes, cause nothing comes so fast, without major overhaules.
Case of BTG has ruined everything, so far, so on this basis, it ain't that broken. But alpha product without any parters or even real use-cases, for me is like Verge - wraith fail.

newbie
Activity: 4
Merit: 0
Why do people feel the need to FUD a coin that much? Early holders were already expecting this, of course. But there are no rational arguments for bashing XRB like that. Devs are working full time and are aware of every flaw. They will all hopefully be fixed and the product will keep going forward.
legendary
Activity: 1232
Merit: 1001

Indeed. He starts by saying "If an attacker succeeds to put himself between a merchant and the RaiBlocks network he can ... ".
Well, I say : Hold your horses cow-boy, if you successfully performed a Mitm attack, then you have already won, no matter the crypto currency or bank. For example, you can just replace all bitcoin, xrb, eth, ... addresses where your victim wants to send funds by yours.


That's not true of contemporary cryptocurrencies like BTC and ETH.  A man in the middle does nothing to break the security as the signatures for a tx cannot be forged.  XRB has a weakness for MITM attacks that other cryptocurrencies do not.
jr. member
Activity: 136
Merit: 7
Intresting coin but why it's not listed at main exchanges like bittrex, binance, bitfinex ect ? It will be more easy for investors to buy this coin. I'll buy some but for that i need to register at new exchanges Sad

The team started to work full time on the project very recently, if i remember well 3 new exchanges will add the coin in the coming weeks.
Futhermore the community is currently voting to get XRB listed on Binance, according to the current vote XRB get 53% of the votes and should be listed on Binance very soon. I guess that other exchange will follow.
member
Activity: 140
Merit: 10
Intresting coin but why it's not listed at main exchanges like bittrex, binance, bitfinex ect ? It will be more easy for investors to buy this coin. I'll buy some but for that i need to register at new exchanges Sad
member
Activity: 134
Merit: 10
Oh man I wish I invested in Raiblocks when I first heard about it. I should go with my guts more often..
jr. member
Activity: 136
Merit: 7
Gentlemen please try to be fair, you (everybody spamming this thread) missed this wonderful opportunity to invest in the new BTC, it's the rule, be respectful to eachother, for the very amazing work done by the team and for the community.

You are of course allowed to think that it's not a good coin or that it still has some issues .... but why do you spend so much time and energy to write 10 posts per hour saying the same things again and again ...

Cryptocurrency need a reliable coin havin XRB caracteristics, of course XRB isn't the holy grail, however the community is very enthusiastic with Raiblock and i personnaly like the great work made by the team which is very legit and honnest toward the community.

XRB is far from being a shitcoin or a scam, and is possibly what the world of crypto was waiting for, i see no reason why the coin couldn't reach 100$ within the next 6 month and much more in the coming years.
member
Activity: 98
Merit: 10
Reddcoin RDD will be going to the moon 🚀🚀🚀🚀🚀🚀🚀🚀
member
Activity: 308
Merit: 13
ZetoChain - ACCELERATING BLOCKCHAIN FOR THE SUPPLY
any news on bigger exchanges? what about the voting contest on binance?

In current vote it is winning:
https://www.binance.com/vote.html

No RaiBlocks social is advertising it and they don't talk about exchanges until the moment they are already listed.

Currently just the usual three shity exchanges list XRB (Bitgrail, Mercatox, Bitflip).

In past times Cryptopia and Bittrex (just two days testing and then no listing) listed it and delisted after a while.

thanks you. Hopefully it really wins the binance vote
sr. member
Activity: 476
Merit: 253
XRB is high overvalued coin. I've sold all. You need to be crazy to buy it now.

p.s. Look this coin.
Seems that it possible to make x10-x100 next year.
https://coinmarketcap.com/currencies/renos/
https://bitcointalksearch.org/topic/ann-rns-renos-a-community-based-cryptocurrency-1809933
Devs are preparing Renotron trading system and released alpha versions.
full member
Activity: 392
Merit: 100
Multiversum
any news on bigger exchanges? what about the voting contest on binance?

In current vote it is winning:
https://www.binance.com/vote.html

No RaiBlocks social is advertising it and they don't talk about exchanges until the moment they are already listed.

Currently just the usual three shity exchanges list XRB (Bitgrail, Mercatox, Bitflip).

In past times Cryptopia and Bittrex (just two days testing and then no listing) listed it and delisted after a while.
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