Author

Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 233. (Read 775281 times)

member
Activity: 119
Merit: 100
Is is really worthwhile to hold 3400 xrb till the future?
Were they rlly sure xrb will rise or not get rejected?  Huh Huh
full member
Activity: 204
Merit: 252
I saved my seed on a pen drive and I also wrote it on a paper.
Then I did a clean install of my OS, installed the wallet, import the seed but only one address is now present in my wallet...
legendary
Activity: 1652
Merit: 1007
Ok. Can you please help me understand the utility of the cryptocurrency XRB? Why do people need to own/hold it?

Why do people need bitcoin? What's the use?

If you could answer the above questions, then you found the answers.




Because XRB transfers instantly without any transaction fee, it has huge advantage over thousands of crypto currencies. Only IOTA can do what XRB can do today.

There will be zero inflation from now on because the distribution has stopped. 200+ Million coins should be burned before end of this week.

8 BTC worth of coins (408K) used to hit the sell book everyday. This coin has maintained 1000+ sats levels despite huge sell pressure.

If the demand remains same and supply = 0 ---> value rise. Basic math.

There is also Byteball,but all lattice/DAG types are all good in my opinion. Raiblocks has only one way but up if the devs keep on developing and adoption slowly comes in.
full member
Activity: 123
Merit: 100
Ok. Can you please help me understand the utility of the cryptocurrency XRB? Why do people need to own/hold it?

Why do people need bitcoin? What's the use?

If you could answer the above questions, then you found the answers.




Because XRB transfers instantly without any transaction fee, it has huge advantage over thousands of crypto currencies. Only IOTA can do what XRB can do today.

There will be zero inflation from now on because the distribution has stopped. 200+ Million coins should be burned before end of this week.

8 BTC worth of coins (408K) used to hit the sell book everyday. This coin has maintained 1000+ sats levels despite huge sell pressure.

If the demand remains same and supply = 0 ---> value rise. Basic math.
member
Activity: 103
Merit: 10
Ok. Can you please help me understand the utility of the cryptocurrency XRB? Why do people need to own/hold it?
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
since faucet stopped, explorer on raiblockscommunity.net becomes inaccessible
anyone knows other web-based block explorer for XRB?
or will it be in the what-to-do-next list of current official XRB developers
Use official webiste (+ explorer) raiblocks.net

I guess old faucet developers will use raiblockscommunity for fork XCM project.

aahhh... I just realized that small input text on the right top corner
I was browsing the site trying to find an explicit direct url link to explorer  Grin
I was just using my bookmark to open the explorer (on raiblockscommunity.net)
turned out I just need to change it to raiblocks.net to make it work

Hello all. I'm new to XRB and just wondering if someone can explain to me the utility of the XRB token given that the chain works on 0 tx fees? What do people need the XRB token for?

Also, did I read that correctly that the Dev's will be burning approx 205 million XRB?

Yes, the dev will burn all the remaining coins
RaiBlocks is designed from the ground up for scalable instant transactions and zero transaction fees.

Thanks for the response on the token burning. Still trying to figure out the token mechanics. If there's no transaction fees, what is the XRB token used for? Why do people need to purchase/own it?

Stop calling XRB as a Token, because it runs on its own not based on any other platform
theymos' definition of token https://bitcointalksearch.org/topic/definition-of-tokens-2251834

Quote
A token works like a cryptocurrency at a high level, but relies on some other cryptocurrency's infrastructure in order to function, and often (but not necessarily always) lacks its own software.
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
Im thinking about using XRB on our website as in a reward system, if anyone can help implement this will be great.  Would love to use it besides using bitcoin
member
Activity: 103
Merit: 10
Hello all. I'm new to XRB and just wondering if someone can explain to me the utility of the XRB token given that the chain works on 0 tx fees? What do people need the XRB token for?

Also, did I read that correctly that the Dev's will be burning approx 205 million XRB?

Yes, the dev will burn all the remaining coins
RaiBlocks is designed from the ground up for scalable instant transactions and zero transaction fees.

Thanks for the response on the token burning. Still trying to figure out the token mechanics. If there's no transaction fees, what is the XRB token used for? Why do people need to purchase/own it?
member
Activity: 94
Merit: 10
We are moving from Slack to Discord, come join us here http://chat.raiblocks.net/

It doesn't work
full member
Activity: 546
Merit: 102
Listing on new exchange will take some more time, because exchanges also have to implement the code from XRB. It will not happen overnight so relax guys and hodl Wink

yeah HODL is the key  Grin
sr. member
Activity: 376
Merit: 250
Hello all. I'm new to XRB and just wondering if someone can explain to me the utility of the XRB token given that the chain works on 0 tx fees? What do people need the XRB token for?

Also, did I read that correctly that the Dev's will be burning approx 205 million XRB?

Yes, the dev will burn all the remaining coins
RaiBlocks is designed from the ground up for scalable instant transactions and zero transaction fees.
member
Activity: 103
Merit: 10
Hello all. I'm new to XRB and just wondering if someone can explain to me the utility of the XRB token given that the chain works on 0 tx fees? What do people need the XRB token for?

Also, did I read that correctly that the Dev's will be burning approx 205 million XRB?
full member
Activity: 384
Merit: 107
Listing on new exchange will take some more time, because exchanges also have to implement the code from XRB. It will not happen overnight so relax guys and hodl Wink
full member
Activity: 322
Merit: 101
Is there plan to list XRB on a larger exchange?

Now that we are out of distribution phase, listing on bittrex or binance and the likes could do wonders for the price.
Its not going to go too high being just traded on mercatox and bitgrail
full member
Activity: 197
Merit: 190
Without the pressure from the captcha farmer, Xrb developers can focus on real application of instant transaction.
I think that this coin would be perfect for micro transactions in games!
You know I never considered that application of it, but now that you mention it it actually would be.  We will need a much quicker wallet though before that can happen.  Many people use desktop ones and waiting days for it to sync is not good in terms of getting people to use your currency.
member
Activity: 93
Merit: 10
Nothing to Lose
its time to see the growth of XRB coin , i hope there will be many projects and development for this coin , zero tx is amazing !!!
sr. member
Activity: 434
Merit: 250
Without the pressure from the captcha farmer, Xrb developers can focus on real application of instant transaction.
I think that this coin would be perfect for micro transactions in games!
hero member
Activity: 630
Merit: 500
since faucet stopped, explorer on raiblockscommunity.net becomes inaccessible
anyone knows other web-based block explorer for XRB?
or will it be in the what-to-do-next list of current official XRB developers
Use official webiste (+ explorer) raiblocks.net

I guess old faucet developers will use raiblockscommunity for fork XCM project.
hero member
Activity: 630
Merit: 500
We would like to add XRB on our platform, but the main issue is that we'd create more selling pressure, and the current exchanges aren't having big volumes.

When the time comes and XRB gets on bigger exchanges, we'll add it on our platform where more than 600.000 registered users will be able to use it.

The distribution is over, we don't need no faucethub.
And you speak in behalf of the entire XRB community, I assume?
You speak in behalf of all those people who made it possible to get XRB on exchanges.

Since the faucet went off, a lot of people stopped talking about XRB, the key people that were claiming from the faucet.
Are you one of those? I assume you're not.

Faucets are marketing tools and clearly, you're not familiar with marketing or faucets.
More services using XRB - the better  Smiley

So, your concern is not enough market volume?
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
since faucet stopped, explorer on raiblockscommunity.net becomes inaccessible
anyone knows other web-based block explorer for XRB?
or will it be in the what-to-do-next list of current official XRB developers
Jump to: