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Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 166. (Read 775150 times)

member
Activity: 252
Merit: 11

I'd hate to say but the problems listed are real. There is a fundamental flaw in the design, and it was actually pointed out 2 years ago and completely ignored by the dev. Of course with millions at stake for them it's in their best interest to ignore it. Hell, some kill for less money. Do your due diligence people and don't follow fanboys blindly. As far as I'm concerned right now I pretty certain there is 0% chance XRB will replace BTC. You may speculate and you make still make fortunes on the price, but don't fool yourself of the end result. This is not something that can be just fixed. Sorry.

You literally posted this exact same thing just a few pages back (might have been one of your sock puppet accounts). The "flaws" have been addressed numerous times by the dev - nothing but FUD.

To summarize:

The dev was a software engineer at Qualcom, you are a piece of Bitcointalk trash.

To think that some salty teenage third worlders have found some fatal "flaw" that the Raiblocks dev missed is beyond laughable.

Anyway, as you can see by the price your pathetic FUD attempts are rightfully being ignored by the community.


The fact that you are calling me trash only discredits you. You don't know me. And no offense, some of us are software developers too. I am. So forgive me when I say that I don't really give a **** where the dev works as it says absolutely nothing about him. Qualcom's hiring standards aren't exactly NASA-like, and even if they were everybody is entitled to making mistakes.  He's was pointed out  two years ago but somehow he beat around the bush with BS explanations, not admitting he made a mistake. In the end everybody gave up as there was no way to reason with him. You can read the thread here: https://bitcointalksearch.org/topic/block-lattice-1219264

It's not FUD from people that are jealous. There was nothing to be jealous about in 2015 when this was first pointed out.



Wow, so you are a software dev?! Awesome, I've got great news for you - as kamiyama pointed out, there is a bug bounty going on for Raiblocks. Obviously the dev has overlooked some fatal flaws so you just need to tell him what he missed and collect the reward. Of course you would have to prove the bug, not just talk straight out your ass like you have been doing on here.

Go back to your dumpster before the coffee shop shuts down your free wifi.

the bounty is just for show. This problem was pointed out 2 years ago and they are still ignoring it because there is nothing they can do. It's flawed by design and they are trying to hide it. You see they have MILLIONS of reasons to hide it Smiley
legendary
Activity: 1232
Merit: 1001
XRB is the most worthy investment altcoin at the moment because I am sure the XRB will soon be listed on Binance and I am keeping a lot of XRB from 6 months ago. I hope the XRB could soon reach $ 50 in 2018 because big investors are very interested in this altcoin

You are dreaming.  Here we have a thread where gmaxwell and other inveterate cryptocurrency developers point out that XRB in inherently insecure.  https://bitcointalksearch.org/topic/block-lattice-1219264  These problems cannot be ignored and no serious exchange can list a coin like this (suicide).
legendary
Activity: 1232
Merit: 1001

I'd hate to say but the problems listed are real. There is a fundamental flaw in the design, and it was actually pointed out 2 years ago and completely ignored by the dev. Of course with millions at stake for them it's in their best interest to ignore it. Hell, some kill for less money. Do your due diligence people and don't follow fanboys blindly. As far as I'm concerned right now I pretty certain there is 0% chance XRB will replace BTC. You may speculate and you make still make fortunes on the price, but don't fool yourself of the end result. This is not something that can be just fixed. Sorry.

You literally posted this exact same thing just a few pages back (might have been one of your sock puppet accounts). The "flaws" have been addressed numerous times by the dev - nothing but FUD.

To summarize:

The dev was a software engineer at Qualcom, you are a piece of Bitcointalk trash.

To think that some salty teenage third worlders have found some fatal "flaw" that the Raiblocks dev missed is beyond laughable.

Anyway, as you can see by the price your pathetic FUD attempts are rightfully being ignored by the community.




The fact that you are calling me trash only discredits you. You don't know me. And no offense, some of us are software developers too. I am. So forgive me when I say that I don't really give a **** where the dev works as it says absolutely nothing about him. Qualcom's hiring standards aren't exactly NASA-like, and even if they were everybody is entitled to making mistakes.  He's was pointed out  two years ago but somehow he beat around the bush with BS explanations, not admitting he made a mistake. In the end everybody gave up as there was no way to reason with him. You can read the thread here: https://bitcointalksearch.org/topic/block-lattice-1219264

It's not FUD from people that are jealous. There was nothing to be jealous about in 2015 when this was first pointed out.



+1  Know thy crypto
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
XRB is the most worthy investment altcoin at the moment because I am sure the XRB will soon be listed on Binance and I am keeping a lot of XRB from 6 months ago. I hope the XRB could soon reach $ 50 in 2018 because big investors are very interested in this altcoin
full member
Activity: 392
Merit: 100
Multiversum
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.
member
Activity: 141
Merit: 10
Hm my wallet (full wallet win64) does not sync. It has a pending transaction since several days. Network congested ? Right now it is catching 1 block ever 15 seconds only.
Same problem (almost no sync) on a second machine. Ideas ?
newbie
Activity: 48
Merit: 0
After windows wallet is going to work properly without bugs, are there plans to create android wallets in the future ?
hero member
Activity: 630
Merit: 500
Daily update of data.ldb (save Seed, check Guide & Readme if you are going to use it to speed up 1st wallet sync!)
Now for version 9.0!
https://yadi.sk/d/fcZgyES73Jzj5T
https://drive.google.com/drive/folders/1sP1z9S011f1W_0nK1KJ-UCJbjaNmk8GQ?usp=sharing

RaiBlocks_Win64_2018_01_01_13.7z (for version 9.0)   
SHA1: 0E45966B73EF00ABD0A8B364825FCF827EA4E32B     
SHA256: 3C7B69F8BD4F4A3659C4C31203384159A6EF41F9AB8D4ACFEA3677D2774AD34E   

RaiBlocks_Linux64_2018_01_01_13.7z (for version 9.0)   
SHA1: AD0B0B6C4767EEFEC8B06038C5082AA3F9735A3D     
SHA256: F2C68FA1B952671AE8C89F6FB10C413A59316A50C78EE4FD62423A7970864859     

Version_8_0_RaiBlocks_Win64_2018_01_01_13.7z (for version 8.0)   
SHA1: B99603C280C8A7121BEE09038F42D5813D4391AB   
SHA256: 0AC7BF390ADEDBA018F34703C630A97B031043484D3618F51799FA2C0C12CCAB     
full member
Activity: 322
Merit: 101
Can we please get more votes for RaiBlocks at Binance? https://www.binance.com/vote.html

That's what matters the most right now. Ask your friends to vote for Rai as well.

 I can vote/ I register on exchange but not have BNB and other coins/ if someone can send me 0.1 BNB for vote my adress 0x8b6bdb2ac468397ece5423b82c940c058aa25c62

For voting please check the sub or discord, some generous people will donate
hero member
Activity: 715
Merit: 500
Can we please get more votes for RaiBlocks at Binance? https://www.binance.com/vote.html

That's what matters the most right now. Ask your friends to vote for Rai as well.

 I can vote/ I register on exchange but not have BNB and other coins/ if someone can send me 0.1 BNB for vote my adress 0x8b6bdb2ac468397ece5423b82c940c058aa25c62
full member
Activity: 217
Merit: 100
Tnx for the fast reply's guys ill keep waiting and maybe open a ticket on merc .  i hope we get on decent exchange soon allready voted for xrb on binance.
R3x
member
Activity: 112
Merit: 11
"Pending Blocks (Waiting for PoW ...)"displayed on the website what does that mean ?

Pending Blocks (Waiting for PoW ...) is supposed to be there.
It's wrong when blocks appear below and don't disappear in a few seconds.
https://github.com/jaimehgb/RaiWebWallet/issues/16
full member
Activity: 222
Merit: 102
I made a web wallet on raiblocks.net  and send some xrb there from exchange but it doesnt arrive and i see "Pending Blocks (Waiting for PoW ...)"displayed on the website what does that mean ? the exchange claims it has been sent but the blockexplorer shows nothing @ my address.


Sounds like the exchange hasn't completed the sending process yet... just wait a bit more and once you see it as sent on the blockexplorer you will be able to pocket it.
full member
Activity: 217
Merit: 100
I made a web wallet on raiblocks.net  and send some xrb there from exchange but it doesnt arrive and i see "Pending Blocks (Waiting for PoW ...)"displayed on the website what does that mean ? the exchange claims it has been sent but the blockexplorer shows nothing @ my address.
R3x
member
Activity: 112
Merit: 11
5. The Man in the Middle attack.

If an attacker succeeds to put himself between a merchant and the RaiBlocks network he can just filter the double spending payment packets, and the merchant will never know that he is receiving a double spending. The Raiblocks network will discard that payment while the merchant will accept it.




Couldn't the same MitM attack be used in a bitcoin transaction? Connect to all the peers of a merchant and mine 6 blocks containing the double spend while filtering out all longer blocks so the merchant accepts the transaction as valid.

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.
Maybe you found a security issue so please Join discord https://discordapp.com/invite/JphbBas and discusss the issue with dev (clemahieu [Main dev]) or fill the bounty fourm: https://goo.gl/forms/NX67WDwtoyjLLxg52
member
Activity: 139
Merit: 10
I ask the moderator to remove the posts by percocet and CyraMax to continue with the technical discussion without being interrupted by fanboys. I don't fucking care of the bug hunt reward, i'm the developer of a succesful gaming company and I'm already good with what I'm earning.

I've LOLed at that!
full member
Activity: 222
Merit: 102
I ask the moderator to remove the posts by percocet and CyraMax to continue with the technical discussion without being interrupted by fanboys. I don't fucking care of the bug hunt reward, i'm the developer of a succesful gaming company and I'm already good with what I'm earning.

Sure you are buddy, sure you are.
full member
Activity: 222
Merit: 102
5. The Man in the Middle attack.

If an attacker succeeds to put himself between a merchant and the RaiBlocks network he can just filter the double spending payment packets, and the merchant will never know that he is receiving a double spending. The Raiblocks network will discard that payment while the merchant will accept it.




Couldn't the same MitM attack be used in a bitcoin transaction? Connect to all the peers of a merchant and mine 6 blocks containing the double spend while filtering out all longer blocks so the merchant accepts the transaction as valid.

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.

These asshole fudders are using the fact that they have a little bit more technical knowledge then most of the non technical people to spread their FUD.

It isn't even their own knowledge - they scour these forums and the internet for comments that other people have already posted and have been dismissed ages ago.

In most cases they are direct copy and pastes. I know because I have been following Raiblocks for over a year so I recognize a lot of this FUD as word for word copies  of old posts.
newbie
Activity: 12
Merit: 0
I ask the moderator to remove the posts by percocet and CyraMax to continue with the technical discussion without being interrupted by fanboys. I don't fucking care of the bug hunt reward, i'm the developer of a succesful gaming company and I'm already good with what I'm earning.
member
Activity: 139
Merit: 10
5. The Man in the Middle attack.

If an attacker succeeds to put himself between a merchant and the RaiBlocks network he can just filter the double spending payment packets, and the merchant will never know that he is receiving a double spending. The Raiblocks network will discard that payment while the merchant will accept it.




Couldn't the same MitM attack be used in a bitcoin transaction? Connect to all the peers of a merchant and mine 6 blocks containing the double spend while filtering out all longer blocks so the merchant accepts the transaction as valid.

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.

These asshole fudders are using the fact that they have a little bit more technical knowledge then most of the non technical people to spread their FUD.
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