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Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 570. (Read 775281 times)

hero member
Activity: 629
Merit: 501
Experientia docet
Whats MRai current price ?


I saw a website buying each Mrai at 10 sat..that too low..

I dont know exactly. but i have few...

can anyone buy from me at 100 satoshi atleast ? please
I give 2 dogecoin 1 mai

either trolling or ignorant.
it's 400 satoshi per Mrai on this forum.
member
Activity: 84
Merit: 10
admin can you add a time on the rai wallet ? so we can know the time when i received the balance
member
Activity: 74
Merit: 10
Whats MRai current price ?


I saw a website buying each Mrai at 10 sat..that too low..

I dont know exactly. but i have few...

can anyone buy from me at 100 satoshi atleast ? please
I give 2 dogecoin 1 mai
hero member
Activity: 644
Merit: 500
Whats MRai current price ?


I saw a website buying each Mrai at 10 sat..that too low..

I dont know exactly. but i have few...

can anyone buy from me at 100 satoshi atleast ? please
sr. member
Activity: 406
Merit: 250
what is that invalid account mistake  Angry
member
Activity: 74
Merit: 10
hero member
Activity: 1246
Merit: 534
can anyone tell me why my rai wallet is not synchronizing or what do i need to do to synchronize it..thanks..
hero member
Activity: 630
Merit: 500
My guess is that people who hold large Mrai balances will want to run a node, otherwise their holding will devalue.
What is system requirements to run RAI node? Wallet is CPU incentive. Is VPS enough or you need something like dedicated 16-core Xeons? Also the transaction rate grows...

The CPU usage is put on to transaction generators. Being a representative is extremely light. The representative nodes I run are on 1 core 4$/mo vps machines.

The goal is to make running a representative as cheap as possible so we can get a greater diversity and decentralization.
Thanks! I'll try to start node on VPS.
hero member
Activity: 513
Merit: 500
Had a huge problem can anyone tell me how to unlock my wallet I accidentally locked but now each time I tried to unlock it's not unlocking anymore ,I am thinking of re installing it again but I don't know where I can extract there is no file on my %appdata% folders

Did you backup your seed key? As far as I know the seed key is not encrypted, so you may be able to reimport it.

Before you do anything of course I recommend you back up everything.
legendary
Activity: 2562
Merit: 1048
Had a huge problem can anyone tell me how to unlock my wallet I accidentally locked but now each time I tried to unlock it's not unlocking anymore ,I am thinking of re installing it again but I don't know where I can extract there is no file on my %appdata% folders
member
Activity: 101
Merit: 10
Anyone please tell me how can i exchange my MRAIS in good rates?
full member
Activity: 238
Merit: 122
My guess is that people who hold large Mrai balances will want to run a node, otherwise their holding will devalue.
What is system requirements to run RAI node? Wallet is CPU incentive. Is VPS enough or you need something like dedicated 16-core Xeons? Also the transaction rate grows...

The CPU usage is put on to transaction generators. Being a representative is extremely light. The representative nodes I run are on 1 core 4$/mo vps machines.

The goal is to make running a representative as cheap as possible so we can get a greater diversity and decentralization.
hero member
Activity: 630
Merit: 500
My guess is that people who hold large Mrai balances will want to run a node, otherwise their holding will devalue.
What is system requirements to run RAI node? Wallet is CPU incentive. Is VPS enough? Or only something like dedicated 16-core Xeons? Also the transaction rate grows...
hero member
Activity: 513
Merit: 500
How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security

Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.


So the fees paid to the miners are not incentives? whaaaaa???

edit: actually, since bitcoin is the #1 crypto used, I'm sure there is plenty of incentives and doubt empty blocks will be mined

My bad - yes, but they are so miniscule, that in theory if it's too costly to run a full node, it may be worth to just mine blank blocks.

I didn't explain myself correctly. What meant is that any system that has incentives also has some flaws.

My guess is that people who hold large Mrai balances will want to run a node, otherwise their holding will devalue.

Just like big BTC holders invest in technologies that help the whole ecosystem, not just themselves.
full member
Activity: 238
Merit: 122
How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security

Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.


So the fees paid to the miners are not incentives? whaaaaa???

Yes, but RaiBlocks doesn't need miners.

I don't think a lot of people understand how RaiBlocks works, dev should put up a simple explanation on how everything is secured and how it compares in tech with other cryptos.


Does this help? https://docs.google.com/document/d/13s6BKzRq9oD5Me55JBRzR7BdvjJ44QKqPu2lf-JsAlU/edit
legendary
Activity: 1050
Merit: 1000
How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security

Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.


So the fees paid to the miners are not incentives? whaaaaa???

Yes, but RaiBlocks doesn't need miners.

I don't think a lot of people understand how RaiBlocks works, dev should put up a simple explanation on how everything is secured and how it compares in tech with other cryptos.
legendary
Activity: 1050
Merit: 1000
How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security

Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.


So the fees paid to the miners are not incentives? whaaaaa???

edit: actually, since bitcoin is the #1 crypto used, I'm sure there is plenty of incentives and doubt empty blocks will be mined
sr. member
Activity: 336
Merit: 252
Wallet status: Disconnected............
hero member
Activity: 513
Merit: 500
How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security

Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.
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