My view is that actual donation rate is good. 5-8% as I saw.
When we started this project we invested some money and a lot of time, some headache still now happens.
This is also a free give away, no ICO, no pre-sell, no special hw required. I really can't figure out what's wrong.
There are a lot of coin wih ICO or binding % to dev.
Explain again the donation:
- 5% to donator -> instant help, it's hard to win the 100 Mrai
- 100 Mrai -> long time help, hard to get but it give satisfaction for donator.
I think it's balanced.
Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 371. (Read 775179 times)
http://coinmarketcap.com/currencies/zcash
20%, hard-coded mining donation. You can't remove it. Look at its market cap.
You have the option to remove it from XRB. Developers have proven they're capable of helping the community regarding all matters.
Look at its market cap.
This is a open source project which is very fairly distributed, unlike any other distributions we've seen (except a couple of exceptions)
20%, hard-coded mining donation. You can't remove it. Look at its market cap.
You have the option to remove it from XRB. Developers have proven they're capable of helping the community regarding all matters.
Look at its market cap.
This is a open source project which is very fairly distributed, unlike any other distributions we've seen (except a couple of exceptions)
I'm talking abour fairness of distribution. You can see that the 20% hard-coded mining donation is unfair right?
I'm arguing that +5% is similar to the 20% hard-coded mining donation for the reasons I stated before.
4 & 5. I'm not the one who can't see this is making the distribution unfair... What is going to happen as claims increase? Donations for devs is going to reach 10%+ of the distribution. Still think this is fair?
fucking hell....
Clemahieu has over 1700 commits on github.
He is essentially working for free so that self-entitled greedy little cunts like YOU can come and complain about the dev not giving you enough of FREE MONEY.
So YES, I think it's MORE THAN FAIR for the dev to get a slice of the pie.
I want to reiterate I'm discussing the fairness of distribution.
You are acting like Colin has nothing to gain from making the coin successful. This is not an attack on Colin. I want to state that I really respect and admire Colin and the work he's put in + other members of the team too.
I agree it is more than fair devs get a slice of the pie, but it's the manner in which it is obtained which is the issue.
4 & 5. I'm not the one who can't see this is making the distribution unfair... What is going to happen as claims increase? Donations for devs is going to reach 10%+ of the distribution. Still think this is fair?
fucking hell....
Clemahieu has over 1700 commits on github.
He is essentially working for free so that self-entitled greedy little cunts like YOU can come and complain about the dev not giving you enough of FREE MONEY.
So YES, I think it's MORE THAN FAIR for the dev to get a slice of the pie.
Is Mercatox legit? My BTC withdrawal is taking more than 12h now, starting to get worried.
Can the +5% be removed?
Not saying you guys don't deserve the donations but it is seriously taking over the distrubution.
It basically forces people to donate and I think 7% of the daily distribution going to devs and is making the distribution unfair. Scary thing is, this proportion is only going to increase as more people claim.
Not saying you guys don't deserve the donations but it is seriously taking over the distrubution.
It basically forces people to donate and I think 7% of the daily distribution going to devs and is making the distribution unfair. Scary thing is, this proportion is only going to increase as more people claim.
https://faucet.raiblockscommunity.net/wiki.php
1. first and foremost, if you don't want to donate, you should uncheck the box.
2. This was not an ICO coin, so the devs have been breaking their backs to give YOU FREE MONEY.
3. Nobody is forcing you to DONATE.
4. Idiots like you are the reason why cryptopia did not want to deal with XRB.
5. FUCK YOU.
1 & 3. True but if people are going to get +5% for donating, everyone is going to donate, as the reward for donating far outweighs the the reward for not donating (0).
Can you really say it's not forced when the loss from not donating is so high?
2. I said I'm not saying they don't deserve it. They are getting around 1.5btc a day right now (45btc a month, $3810 a day, $114,300 a month [1btc = $2540] ), which is only going to increase as value of xrb & number of claims increase.
4 & 5. I'm not the one who can't see this is making the distribution unfair... What is going to happen as claims increase? Donations for devs is going to reach 10%+ of the distribution. Still think this is fair?
20%, hard-coded mining donation. You can't remove it. Look at its market cap.
You have the option to remove it from XRB. Developers have proven they're capable of helping the community regarding all matters.
Look at its market cap.
This is a open source project which is very fairly distributed, unlike any other distributions we've seen (except a couple of exceptions)
So you get a change on an extra 100 XRB when you are on 51+% of donations. Anyone here ever won it?
You are telling me this coin right now handles less transactions than a normal btc clone and transactions times takes hours?
Check transaction time between https://t.me/RaiWalletBot and https://yapraiwallet.space or between synchonized wallets. Usually it takes 10-30 seconds. If exchanges doesn't want to upgrade servers and want to use 3 transactions to receive instead of 1 (each TX require PoW), that's another point.It is possible to make a light wallet ?
i have been thinking about this too. the moment all wallet bugs are fixed it will be easier for the exchanges to list XRB. and maybe when a light wallet is already available, more and more users would invest and not get intimidated by the wallet issues we are facing
Can the +5% be removed?
Not saying you guys don't deserve the donations but it is seriously taking over the distrubution.
It basically forces people to donate and I think 7% of the daily distribution going to devs and is making the distribution unfair. Scary thing is, this proportion is only going to increase as more people claim.
Not saying you guys don't deserve the donations but it is seriously taking over the distrubution.
It basically forces people to donate and I think 7% of the daily distribution going to devs and is making the distribution unfair. Scary thing is, this proportion is only going to increase as more people claim.
https://faucet.raiblockscommunity.net/wiki.php
1. first and foremost, if you don't want to donate, you should uncheck the box.
2. This was not an ICO coin, so the devs have been breaking their backs to give YOU FREE MONEY.
3. Nobody is forcing you to DONATE.
4. Idiots like you are the reason why cryptopia did not want to deal with XRB.
5. FUCK YOU.
1 & 3. True but if people are going to get +5% for donating, everyone is going to donate, as the reward for donating far outweighs the the reward for not donating (0).
Can you really say it's not forced when the loss from not donating is so high?
2. I said I'm not saying they don't deserve it. They are getting around 1.5btc a day right now (45btc a month, $3810 a day, $114,300 a month [1btc = $2540] ), which is only going to increase as value of xrb & number of claims increase.
4 & 5. I'm not the one who can't see this is making the distribution unfair... What is going to happen as claims increase? Donations for devs is going to reach 10%+ of the distribution. Still think this is fair?
Can the +5% be removed?
Not saying you guys don't deserve the donations but it is seriously taking over the distrubution.
It basically forces people to donate and I think 7% of the daily distribution going to devs and is making the distribution unfair. Scary thing is, this proportion is only going to increase as more people claim.
Not saying you guys don't deserve the donations but it is seriously taking over the distrubution.
It basically forces people to donate and I think 7% of the daily distribution going to devs and is making the distribution unfair. Scary thing is, this proportion is only going to increase as more people claim.
https://faucet.raiblockscommunity.net/wiki.php
1. first and foremost, if you don't want to donate, you should uncheck the box.
2. This was not an ICO coin, so the devs have been breaking their backs to give YOU FREE MONEY.
3. Nobody is forcing you to DONATE.
4. Idiots like you are the reason why cryptopia did not want to deal with XRB.
5. FUCK YOU.
Can the +5% be removed?
Not saying you guys don't deserve the donations but it is seriously taking over the distrubution.
It basically forces people to donate and I think 7% of the daily distribution going to devs and is making the distribution unfair. Scary thing is, this proportion is only going to increase as more people claim.
Not saying you guys don't deserve the donations but it is seriously taking over the distrubution.
It basically forces people to donate and I think 7% of the daily distribution going to devs and is making the distribution unfair. Scary thing is, this proportion is only going to increase as more people claim.
I asked one of XRB developer's to give me his private XRB address, so I send him some coins as a "thank" you for helping me with my private wallet.
Guy gave me their shared developer address, instead of his private address.
Had to ask him for this -private- address again in order to get it.
This folks, is great news.
Developers that aren't selfish. This is something you don't see every day in crypto.
After all the issues are sorted out with the wallet, XRB will be added on our site (check signature) and after that, you'll see a lot of services/faucets opening.
Long live XRB!
Guy gave me their shared developer address, instead of his private address.
Had to ask him for this -private- address again in order to get it.
This folks, is great news.
Developers that aren't selfish. This is something you don't see every day in crypto.
After all the issues are sorted out with the wallet, XRB will be added on our site (check signature) and after that, you'll see a lot of services/faucets opening.
Long live XRB!
Yesterday I bought some XRB on bitgrail and whitdrawn to my wallet. But nothing received yet. When I look at the "transaction id" the raiblockscummunity website states: "INVALID BLOCK."
So I guess something must have gone wrong?
Opened a support ticket with them, so will see how good their support is.
You'll need to wait. They've broadcasted the transaction but their node isn't up to date.So I guess something must have gone wrong?
Opened a support ticket with them, so will see how good their support is.
Okay, thanks! So the increase of volume and the PoW that needs a powerful server(s) is probably the cause,
right?
And thanks @jayycox for your FAQ, clears some stuff up.
Yesterday I bought some XRB on bitgrail and whitdrawn to my wallet. But nothing received yet. When I look at the "transaction id" the raiblockscummunity website states: "INVALID BLOCK."
So I guess something must have gone wrong?
Opened a support ticket with them, so will see how good their support is.
You'll need to wait. They've broadcasted the transaction but their node isn't up to date. So I guess something must have gone wrong?
Opened a support ticket with them, so will see how good their support is.
Yesterday I bought some XRB on bitgrail and whitdrawn to my wallet. But nothing received yet. When I look at the "transaction id" the raiblockscummunity website states: "INVALID BLOCK."
So I guess something must have gone wrong?
Opened a support ticket with them, so will see how good their support is.
So I guess something must have gone wrong?
Opened a support ticket with them, so will see how good their support is.
I unfollowed this project and sold all my XRB about a month ago when it was just still 1400 sat each. A very big mistake in my part. 
Same thing happen to me just sold my 2k mrai at the price of 1200 sat thinking that it will fall down and collapse but after just a week it went to 4k+ sat per mrai i really feel sorry but thats life crypto world is really full of surprises so just keep claiming and try my luck again.
I unfollowed this project and sold all my XRB about a month ago when it was just still 1400 sat each. A very big mistake in my part.
Oh Yes and way less coins...
IOTA 2,779,530,283
XRB NOW 81,179,348 XRB Total Supply 340,282,367 XRB
Supply is just matter of dividers hereIOTA 2,779,530,283
XRB NOW 81,179,348 XRB Total Supply 340,282,367 XRB
Trading 1 XRB (former Mrai) = 10^30 RAW RaiBlocks. There was discussion about Mrai = Mxrb or XRB jayycox write several post before
Trading 1 MIOTA = 10^6 IOTA (correct me if I'm wrong, 1 IOTA is smallest unit?)
So:
IOTA 2 779 530 283 277 761 smallest units total
RaiBlocks 340 282 366 920 938 463 463 374 607 431 768 211 455 smallest units total (2^128 - 1)
For comparision:
Bitcoin 2 100 000 000 000 000 smallest units total (satoshi)
Ethereum ~ 92 574 106 000 000 000 000 000 000 smallest units circulating (wei)
Very good info about RaiBlocks. Does anyone know the differences between IOTA and Raiblocks besides IOTA being another ICO and Raiblocks having a more fair distribution through proof of Captcha's.
Oh Yes and way less coins...
IOTA 2,779,530,283
XRB NOW 81,179,348 XRB Total Supply 340,282,367 XRB
Oh Yes and way less coins...
IOTA 2,779,530,283
XRB NOW 81,179,348 XRB Total Supply 340,282,367 XRB
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