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Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 233. (Read 775179 times)

hero member
Activity: 1414
Merit: 516
What will be the total supply of XRB? On coin marketcap shows over 340 mil. total XRB supply. Will be the remaining coins burned and when will be burned?
jr. member
Activity: 54
Merit: 10
RaiBlocks. The People's Crypto!
The only people that benefits from the Bitcoin craze are the early adopters, the scammers and the filthy rich investors. Here's a trivia: It took me a month to earn a 30K satoshi from a faucet and I'm jumping with joy to finally have a piece of the highly coveted Bitcoin (I was a noob then, well until now I supposed Cry ) and then withdrew it to an online wallet service. After some time, I needed to withdrew that again to my newly created wallet only to find out that the transaction fee is even higher than my credits! Shocked . Why do we need Bitcoin who robs us with that high fees and super slow transaction??? It's only a matter of choice, and RaiBlocks is the answer! It's created for the people>>>> RaiBlocks! The people's crypto! <<<<
full member
Activity: 123
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

Yes. Someone like you was confused a few years back. He thought it might not be worth holding bitcoins which were worth a few cents as XRB today. Then he bought pizza with those thousands of bitcoins. Pizza was delicious. But he couldn't digest the pizza for his entire life. So moral of the story is don't be bitcoin pizza guy.   Tongue
hero member
Activity: 630
Merit: 500
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...
Check if your wallet is synchronized before import Seed. If wallet version is old, click at Advanced --> Accounts --> Add account
jr. member
Activity: 54
Merit: 10
RaiBlocks. The People's Crypto!
Bitcoin maybe is the Goliath in the cryptoworld! But hey, RaiBlocks is the David!! So I say, arise and behold.. Grin
hero member
Activity: 705
Merit: 500
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.

The only difference is that Byteball has fees while XRB transactions are without any fee.
The most comparable project might be IOTA but IOTA is, unlike XRB, not open source and uses PoW to valid conflictual TXs (limiting its possibile use / global security on small devices) while XRB uses delegate voting based on the holdings.

Now look at the marketcaps of IOTA and XRB.




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...
Just click "create new address" and you'll get back every address associated with your seed, one by one. And ofc you can create more Smiley
full member
Activity: 840
Merit: 117
Is is really worthwhile to hold 3400 xrb till the future?
Were they rlly sure xrb will rise or not get rejected?  Huh Huh

iam not really sure. i just want to see how the dev marketing plan to replace xrb faucet till iam sure to buy more xrb
full member
Activity: 840
Merit: 117
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.

yess. burning 205million XRB. its good news for XRB. but in other side this is also not good.
XRB gain alot popularity because of the faucet.
more people coming more popular and less xrb reward they get.

if theres no marketing plan for this XRB after XRB faucet end.
it will also no different as before.
popularity = demand to increase XRB value
no popularty = no demand and XRB value will go to ground
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?
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