Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 164. (Read 775279 times)

Yeah, sure, we are all FUDders.

If you say that FAUCET distribution has been flawed and then stopped because of BOTs taking everything you are a FUDder:
- https://bitcointalk.org/index.php?topic=1381323.8040 BOTs solving CAPTCHAs obtaining more than 200.000 XRB per day cheating for weeks\months, totally flawed distribution

If you say that it's a premined coin with most of it in the hands of creators you are a FUDder:
- https://raiblocks.net/page/frontiers.php

If you say it's not on legit exchange yet and it's price is manipulated, driven by exchange bug you are a FUDder:
- they allowed the price to be bug-driven (noob exchange bug that let people match orders in stead of clearing order book), they even admitted it (after letting the price go to moon). But you are anyway a FUDder when you say Bitgrail is a noob exchange.

If you say that they have the noobest wallet around even seen you are a FUDder, then you start wallet and you are back in the 90s.

If you say that they never have proven either in testnet more than 10tx/s (they promise 7000tx/s) you are a FUDder, now they do 7000tx/day and almost everything from wallet to webwallet to explorer crash.

If you say that their coin is not used at all for microtransactions (except 2 pathetics shop without users) you are a FUDder, even if people care just about getting rich.

If you say Cryptopia delisted it because it made the exchange crash you are a FUDder even if it actually happened.

If you say it's centralized because you have to trust main holders (to validate transaction\representatives) you are a FUDder.

I have just discovered a curious thing, Bittrex listed and immediately removed XRB in past times:
- https://bitcointalk.org/index.php?topic=1381323.2000

During Bittrex testing XRB chain went down 2 days. So the exchange decided to remove the coin immediately. Of course no dev even mentioned it.

Ah ok, now I understand... you get your crypto advice from 4chan. That explains everything LMFAO

Blacklisted by who? Who are you? Can't we say our opinion? This sounds really nazi. But what to expect... censor everyone tells anything different so people don't get the point.

Come on, tell me this is FUD too:
- http://boards.4chan.org/biz/thread/5647016/holy-shit-xrb-scam-detected

This is 100% correct. It is a common FUD technique to state extreme "edge cases" like they are common occurrences so you have posts like "this coin is not secure - all an attacker has to do is gain control of the majority of the voting delegates". LMFAO

If it is so easy, why hasn't it happened yet? It would be much easier for this kind of attack to occur early on in a coin's life before more nodes come online. Raiblocks has been running for over 2 years straight - why hasn't anyone exploited these "flaws" yet?

Because the time, money and resources required to do so make it impossible.

Imagine you are storing money in one of those Swiss vaults deep inside a mountain. The idiots on this thread trying to scare people with their FUD would make an argument such as:

"Your money is at great risk! All someone has to do is pay off every single guard inside the mountain, circumvent the alarm system and walk straight out the door with your funds". Their arguments are laughable. In fact, they aren't even arguments at all, they are just straight up talking out their asses 

Blacklisted users that are here to spread FUD:

fracas: https://bitcointalksearch.org/user/fracas-1018688
xibeijan: https://bitcointalksearch.org/user/xibeijan-110938
djpitagora: https://bitcointalksearch.org/user/djpitagora-1264506
cr1pton00b: https://bitcointalksearch.org/user/cr1pton00b-1557981

read their past posts and decide for yourself.

No. Try to solve a block by yourself with your PC. It will take years. You cannot change the difficulty of the blockchain even if you MITM

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!

Of course an attacker can mine 6 blocks. It will take more than an hour but it doesn’t matter because all longer block chains are being filtered out. With 5% hashpower, an attacker could do it in a reasonable amount of time.

No, because if you MITM a bitcoin merchant, you still have to mine 6 blocks with the difficulty bit set by the real network. And the difficulty only decrease by 1/4 every 2015 blocks. It will be impossible for an attacker to have such power.

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!

+1  XRB isn't decentralized and can join the ranks of the USD and Ripple.

Actually it took me a single read of the paper and some reading in the source code to notice the flaw. Some people in the development section of discord proposed to store a trusted set of nodes hardcoded in the client. This makes the voting system useless, since you need the approval of only the trusted nodes. I repeat, this is just bitcoin without the bitcoin secure algorithm, you are believing in a false god.

Percocet and Cyra, i bet you are one of those few people who own more than 1M coins and could potentially ezploit the network : >

Actually it took me a single read of the paper and some reading in the source code to notice the flaw. Some people in the development section of discord proposed to store a trusted set of nodes hardcoded in the client. This makes the voting system useless, since you need the approval of only the trusted nodes. I repeat, this is just bitcoin without the bitcoin secure algorithm, you are believing in a false god.

Percocet and Cyra, i bet you are one of those few people who own more than 1M coins and could potentially ezploit the network : >

You better let Kucoin and Binance know your findings since they are about to list XRB. Hopefully your garbage dumpster still has internet access.

This kind of FUD can be done to every cryptocurrency. So once and for all :
Every cryptocurrency, every online bank is vulnerable to Mitm attacks, if such attack successfully happens.
Example for bitcoin: If a hacker successfully performs a Mitm attack between a buyer and seller, he can just give to the buyer his own bitcoin address instead of the seller's. End of the story. And there are a myriad of more sophisticated attacks depending on whether you have a temporary or persistant Mitm attack.
Fortunately, Mitm attacks (over ssh) are rare, difficult and simply not accessible to the vast majority. They can still happen though and countermeasures (such as ssl pinning) are outside of the scope of crypto currencies underlying technology.
Basically if you are afraid of Mitm attacks, don't open a bank account, don't use any crypto currency, or better, don't use internet (or LANs) and make payments only in cash.

I also saw many people are referring XRB as recommendation for this new year. I was watching the last few days performance it went just sky rockets within days. This is first time I am here and will start reading what is all about in previous pages to understand the basics of this coin.

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!