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Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 376. (Read 775150 times)

full member
Activity: 184
Merit: 100
The All-in-One Cryptocurrency Exchange
newbie
Activity: 5
Merit: 0
Hello guys,

I discovered this coin yesterday and I am trying to do some research but the OP of the announcement doesn't hold a lot of information and the website, even though beautiful, explains well, nothing.
Do you guys have any ressources/links/explanations on what exactly is this coin and how it differenciates from the others ? Why would I bet on it instead of an other ? What makes it great ?

I recon this must have been answered in the 300 pages of this thread but I just don't have the time to go through it all so I am relying on you.

Thanks a lot <3
legendary
Activity: 1498
Merit: 1001
180 BPM
What about a bounty campaign? twitter and/or signature. It would be very helpful! Grin

This isn't an ICO with free money, you can solve captchas if you want coins :>
hero member
Activity: 728
Merit: 500
What about a bounty campaign? twitter and/or signature. It would be very helpful! Grin
sr. member
Activity: 742
Merit: 251
Hey guys can anyone help me..I want to start trading on bitgrail can anyone tell me how much is the fee for xrb??

https://bitgrail.com/fees
sr. member
Activity: 434
Merit: 254
Hey guys can anyone help me..I want to start trading on bitgrail can anyone tell me how much is the fee for xrb??
newbie
Activity: 41
Merit: 0
Where is the slack channel? All the links just point to the website

http://slack.raiblocks.net/
full member
Activity: 184
Merit: 100
The All-in-One Cryptocurrency Exchange
Where is the slack channel? All the links just point to the website
sr. member
Activity: 329
Merit: 250
No TX Fees #JustRaiBlocks
Any ideas why is this not yet on more exchanges? Seams like a no brainer. What am I missing?

There have been a few issues, its not based on bitcoin so the wallet/node isn't exactly the same and so requires some interfacing, also as an anti-spam feature there is a PoW which can be taxing for the server when lots of transactions are occurring.

Finally there are some elements of the community who rely on the faucet as a way of life and so can get a little irate when things aren't smooth - the main reason that cryptopia dropped the coin - its not a reflection of the core of the community and there has been work to try and improve this generally. Raiblocks has a very different demographic to other cryptocurrencies - a social anthropologist would have a field day!

XRB is gathering steam, personally I'm focusing on developing usable webservices as hopefully that will create value. Working on integrating XRB with twitter to allow instant rewards for retweeting - check out @xrb_giveaway on twitter and if you want to try it out yourself you can use https://yapraiwallet.space and use the experimental twitter reward system to track your own tweets. The server will monitor a tweet and each unique retweet (where the twitter user includes a xrb address in their profile) it will then send them some xrb.

The exchanges will come - everyone is working towards that goal.

+1 Great response, we are all working to get more attention for Raiblocks. Innovation will be rewarded.

Hey, thanks. Very detailed and informative response from a newbie account. I assume you have been around for quite some time?

Yeah, not normally on bitcointalk - more on the slack and telegram channels - have done a fair bit of work with cryptocurrencies - raiblocks is the most innovative.
newbie
Activity: 43
Merit: 0
Devs/representatives, have you thought about changing or give choice which captcha service to use at the faucet?
It is getting harder and harder everyday to keep rechaptcha working. For example I was flagged by google as bot three times today. It is getting annoying to browse through console, copy/paste links to some "ipv4.google/sorry/index?continue=huge_link_with_numbers.com" This problem will get only bigger, so far I saw one person talking about "no captcha error" but I'm sure it will grow along. Now I know that working on two different devices causes it to happen very rapidly, like mobile plus PC equals maximum 21captchas before block(of course using those one after another not at the same time, same time usage give 3captchas before block)
I'm not complaining, just letting you know there is a problem.


Ah that explains. Had it a few times when solving captchas on my pc and mobile. Solving the captcha on the ipv4 url on pc and could continue again, but took a while before my mobile worked again.
hero member
Activity: 630
Merit: 500
bitgrail

explanation for newbies: Raiblocks is a pow coin (proof of work, google is your friend), so every transaction that the bitgrail's wallet receive/send make the server's cpu working at 100%, when bitgrail has a day like this, with a loooot of transactions, some delays may come up...

Today it was worst than this: today the wall Raiblockschain got reaaaaaaaally slow due to the huge increase of transactions to process.

What happened when this happens? Invalid blocks. Invalid blocks are like not-yet-born children: they are there, but not yet fully built. The same for those blocks. (Don't worry you didn't lose money).

From our side, the rai_node was super duper overloaded of deposits and withdrawals. That  means that if usually it takes 1/15 minutes, now it may take up to 24 hours due to the pending transactions (see about the pow).
Even though this process is automated, the chain and the node needs time.

The only thing to do is to wait

Shouldn't the transactions be instant though? That's literally the only selling point of this coin.
Don't forget about almost unlimited divisibility and transactions without fees.
RaiWalletBot: 10-20 seconds between send-receive and several thousands transactions/hour without problems. For large services it depends on implementation and computing power for peaks.
I guess many services doesn't want to upgrade servers etc. so perhaps some distributed PoW with fees can be an future option for them.
full member
Activity: 192
Merit: 100
bitgrail

explanation for newbies: Raiblocks is a pow coin (proof of work, google is your friend), so every transaction that the bitgrail's wallet receive/send make the server's cpu working at 100%, when bitgrail has a day like this, with a loooot of transactions, some delays may come up...

Today it was worst than this: today the wall Raiblockschain got reaaaaaaaally slow due to the huge increase of transactions to process.

What happened when this happens? Invalid blocks. Invalid blocks are like not-yet-born children: they are there, but not yet fully built. The same for those blocks. (Don't worry you didn't lose money).

From our side, the rai_node was super duper overloaded of deposits and withdrawals. That  means that if usually it takes 1/15 minutes, now it may take up to 24 hours due to the pending transactions (see about the pow).
Even though this process is automated, the chain and the node needs time.

The only thing to do is to wait

Shouldn't the transactions be instant though? That's literally the only selling point of this coin.
hero member
Activity: 630
Merit: 500
How come I'm stuck at  block 1200753 (181807)? Anything happened during that time?
I posted blockchain at privious page, so that's the option (save Seed, replace, restore Seed)
https://bitcointalksearch.org/topic/m.19562825

Guess you can also try tospeed up by selecting closest peer (+ :7075) from https://raiblockscommunity.net/page/knownips.php
paste in Advanced --> Peers something like ::ffff:138.201.94.249:7075 and Initiate bootstrap

What is the expected sync time for this coin? Currently on block 38 after an hour.
Depends on connection, CPU, SSD speed (and on peers you randomly connect to). About 1-2 hours at VPS with GUIless rai_node.
Also summ 38 with unchecked blocks inside brackets
hero member
Activity: 1638
Merit: 756
Bobby Fischer was right
Devs/representatives, have you thought about changing or give choice which captcha service to use at the faucet?
It is getting harder and harder everyday to keep rechaptcha working. For example I was flagged by google as bot three times today. It is getting annoying to browse through console, copy/paste links to some "ipv4.google/sorry/index?continue=huge_link_with_numbers.com" This problem will get only bigger, so far I saw one person talking about "no captcha error" but I'm sure it will grow along. Now I know that working on two different devices causes it to happen very rapidly, like mobile plus PC equals maximum 21captchas before block(of course using those one after another not at the same time, same time usage give 3captchas before block)
I'm not complaining, just letting you know there is a problem.
legendary
Activity: 1792
Merit: 1000
Interesting project.

What is the expected sync time for this coin? Currently on block 38 after an hour.
legendary
Activity: 1652
Merit: 1007
How come I'm stuck at  block 1200753 (181807)? Anything happened during that time?
full member
Activity: 238
Merit: 100
Co founder & CMO SocialX
Following and waiting for Dips !
hero member
Activity: 630
Merit: 500
From our side, the rai_node was super duper overloaded of deposits and withdrawals. That  means that if usually it takes 1/15 minutes, now it may take up to 24 hours due to the pending transactions (see about the pow).
Even though this process is automated, the chain and the node needs time.

The only thing to do is to wait

What's the thought process & progress on scaling this up as adoption grows?  I can only imagine how much worse it'd be if the RAI market grew by 50,000-100,000 people.
BitGrail can use more powerful server or optimize receiving proccess (now it require 3 transactions instead of 1 - exchanges somewhy prefere resend all to 1 central account) or there will be external paid PoW generation services (or may be add option to core wallet to external PoW from other network nodes for optional fee).
sr. member
Activity: 321
Merit: 250
From our side, the rai_node was super duper overloaded of deposits and withdrawals. That  means that if usually it takes 1/15 minutes, now it may take up to 24 hours due to the pending transactions (see about the pow).
Even though this process is automated, the chain and the node needs time.

The only thing to do is to wait

What's the thought process & progress on scaling this up as adoption grows?  I can only imagine how much worse it'd be if the RAI market grew by 50,000-100,000 people.
newbie
Activity: 41
Merit: 0
Any ideas why is this not yet on more exchanges? Seams like a no brainer. What am I missing?

There have been a few issues, its not based on bitcoin so the wallet/node isn't exactly the same and so requires some interfacing, also as an anti-spam feature there is a PoW which can be taxing for the server when lots of transactions are occurring.

Finally there are some elements of the community who rely on the faucet as a way of life and so can get a little irate when things aren't smooth - the main reason that cryptopia dropped the coin - its not a reflection of the core of the community and there has been work to try and improve this generally. Raiblocks has a very different demographic to other cryptocurrencies - a social anthropologist would have a field day!

XRB is gathering steam, personally I'm focusing on developing usable webservices as hopefully that will create value. Working on integrating XRB with twitter to allow instant rewards for retweeting - check out @xrb_giveaway on twitter and if you want to try it out yourself you can use https://yapraiwallet.space and use the experimental twitter reward system to track your own tweets. The server will monitor a tweet and each unique retweet (where the twitter user includes a xrb address in their profile) it will then send them some xrb.

The exchanges will come - everyone is working towards that goal.

Hey, thanks. Very detailed and informative response from a newbie account. I assume you have been around for quite some time?

Yeah, not normally on bitcointalk - more on the slack and telegram channels - have done a fair bit of work with cryptocurrencies - raiblocks is the most innovative.
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