I slept well and waiting again. 
Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 615. (Read 775279 times)
so what are the last decisions ? I slept well and waiting again.
I slept well and waiting again.
I'm against social media accounts used in the process, as it compromises privacy to a degree.
I like the current method, yes, anything can and will be gamed, you can't prevent that.
However what I absolutely love about this distribution method is that anyone in any country no matter how rich or poor, could scoop some Mrai and keep it if they like. Yes, they can always sell it, but there is no pressure as the one the miners have, due to electricity costs.
This is also why I think it should be heavily constrained on time, so that it's less about captchas and more about time.
I want you to seriously consider increasing the Mrai distribution to something like 1,000, once per hour. or 10,000 once per 12 hours.
Then adjust the rewards based on interest, but keep the same long time wait.
I like the current method, yes, anything can and will be gamed, you can't prevent that.
However what I absolutely love about this distribution method is that anyone in any country no matter how rich or poor, could scoop some Mrai and keep it if they like. Yes, they can always sell it, but there is no pressure as the one the miners have, due to electricity costs.
This is also why I think it should be heavily constrained on time, so that it's less about captchas and more about time.
I want you to seriously consider increasing the Mrai distribution to something like 1,000, once per hour. or 10,000 once per 12 hours.
Then adjust the rewards based on interest, but keep the same long time wait.
been down the road investigating fair distribution a few times, still with no answer.
social media; bad idea, a)as mentioned, for the the crypto types who are anti social media, should people be forced to have an account? b) very gameable, you can buy packs of 1000s of verified social media accounts if you know where too look.
faucets;a) can be gamed b) everyone's on about waste of resources with pow, but shouldn't human time resource be considered even more valuable.
its the internet and any approach can be gamed, and/or can be deemed unfair by various peoples definition (always will get whingers). this coin being under the radar probably so far has saved it from being properly gamed.
on the fair distro point, does it even matter? ie once its traded it becomes as unfair as anything its traded with ie someone rich in fiat can instantly become rich in crypto making crypto no fairer then fiat.
so is there even an answer to 'fair' distibution? if there is i'd like to know.
It is a very detailed and frequently talked about topic, since the beginning of bitcoin there have been hundreds of threads talking about it , i think you are exactly right in that regard , it is completely impossible to create a perfect unless you somehow had photographic unique person proof which cannot be done over a computer .
I think that actively implementing ways to make it fairer , once there have been found obvious manipulations in the system and to keep adapting the system, but i don't know how useful that would be , distracting the dev from developing would be less beneficial than constantly spending most of your waking day fighting to make it fairer
A lower rate is definitely what we want for the reasons you listed. One thing this opens up is more elaborate circumvention of the limiters we currently have because it removes the capcha entry time from the equation.
We could add authentication to a social media account and do verification on account age. I did some research on this a while ago and none of them seem forthcoming with an "account created" time but there are some heuristics that can be applied.
It also seems like some people aren't keeping what they get from the faucet, they turn around and sell it so it goes to whoever can find the most contacts who will trade kind of defeating the usefulness to anyone not doing this.
If social media includes this site , and not the likes of facebook or twitter then that could be beneficial , you got a lot of paranoid , screw the system types here that tend to stay away from social media sites like the plague .
There will always be people that instantly sell once received, i wouldn't be surprised if the % of people doing captchas then trying to sell for the best price right away was similar to that of miners of other crypto currencies.
There has been an interesting discussion on the trading thread about perhaps creating an ad blocker add-on for chrome, easy to download , easy to use, could be used for website owners and surfers alike . something to give people a real world benefit from getting the coin, might help reduce the mount of people selling everything as soon as they get any .
The good thing is, more people than ever are claiming coins, so the spread of the coin is better now and reaching more people, accumulation has happened with every single crypto currency and without harsh restrictions i don't know if it would be able to be managed properly to any degree
been down the road investigating fair distribution a few times, still with no answer.
social media; bad idea, a)as mentioned, for the the crypto types who are anti social media, should people be forced to have an account? b) very gameable, you can buy packs of 1000s of verified social media accounts if you know where too look.
faucets;a) can be gamed b) everyone's on about waste of resources with pow, but shouldn't human time resource be considered even more valuable.
its the internet and any approach can be gamed, and/or can be deemed unfair by various peoples definition (always will get whingers). this coin being under the radar probably so far has saved it from being properly gamed.
on the fair distro point, does it even matter? ie once its traded it becomes as unfair as anything its traded with ie someone rich in fiat can instantly become rich in crypto making crypto no fairer then fiat.
so is there even an answer to 'fair' distibution? if there is i'd like to know.
Yea those are some really good points. I'll have to think about it some more.
A lower rate is definitely what we want for the reasons you listed. One thing this opens up is more elaborate circumvention of the limiters we currently have because it removes the capcha entry time from the equation.
We could add authentication to a social media account and do verification on account age. I did some research on this a while ago and none of them seem forthcoming with an "account created" time but there are some heuristics that can be applied.
It also seems like some people aren't keeping what they get from the faucet, they turn around and sell it so it goes to whoever can find the most contacts who will trade kind of defeating the usefulness to anyone not doing this.
If social media includes this site , and not the likes of facebook or twitter then that could be beneficial , you got a lot of paranoid , screw the system types here that tend to stay away from social media sites like the plague .
There will always be people that instantly sell once received, i wouldn't be surprised if the % of people doing captchas then trying to sell for the best price right away was similar to that of miners of other crypto currencies.
There has been an interesting discussion on the trading thread about perhaps creating an ad blocker add-on for chrome, easy to download , easy to use, could be used for website owners and surfers alike . something to give people a real world benefit from getting the coin, might help reduce the mount of people selling everything as soon as they get any .
The good thing is, more people than ever are claiming coins, so the spread of the coin is better now and reaching more people, accumulation has happened with every single crypto currency and without harsh restrictions i don't know if it would be able to be managed properly to any degree
been down the road investigating fair distribution a few times, still with no answer.
social media; bad idea, a)as mentioned, for the the crypto types who are anti social media, should people be forced to have an account? b) very gameable, you can buy packs of 1000s of verified social media accounts if you know where too look.
faucets;a) can be gamed b) everyone's on about waste of resources with pow, but shouldn't human time resource be considered even more valuable.
its the internet and any approach can be gamed, and/or can be deemed unfair by various peoples definition (always will get whingers). this coin being under the radar probably so far has saved it from being properly gamed.
on the fair distro point, does it even matter? ie once its traded it becomes as unfair as anything its traded with ie someone rich in fiat can instantly become rich in crypto making crypto no fairer then fiat.
so is there even an answer to 'fair' distibution? if there is i'd like to know.
still going to buy raiblocks, please message me if you want to sell
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i have created a trade thread, if you are wishing to buy raiblocks there are plenty of people selling them here : https://bitcointalksearch.org/topic/raiblocks-raiblocks-trading-thread-1422828
still going to buy raiblocks, please message me if you want to sell
n
n
A lower rate is definitely what we want for the reasons you listed. One thing this opens up is more elaborate circumvention of the limiters we currently have because it removes the capcha entry time from the equation.
We could add authentication to a social media account and do verification on account age. I did some research on this a while ago and none of them seem forthcoming with an "account created" time but there are some heuristics that can be applied.
It also seems like some people aren't keeping what they get from the faucet, they turn around and sell it so it goes to whoever can find the most contacts who will trade kind of defeating the usefulness to anyone not doing this.
If social media includes this site , and not the likes of facebook or twitter then that could be beneficial , you got a lot of paranoid , screw the system types here that tend to stay away from social media sites like the plague .
There will always be people that instantly sell once received, i wouldn't be surprised if the % of people doing captchas then trying to sell for the best price right away was similar to that of miners of other crypto currencies.
There has been an interesting discussion on the trading thread about perhaps creating an ad blocker add-on for chrome, easy to download , easy to use, could be used for website owners and surfers alike . something to give people a real world benefit from getting the coin, might help reduce the mount of people selling everything as soon as they get any .
The good thing is, more people than ever are claiming coins, so the spread of the coin is better now and reaching more people, accumulation has happened with every single crypto currency and without harsh restrictions i don't know if it would be able to be managed properly to any degree
A plugin like that is a great idea. I approached shapeshift because their lense plugin does something similar but they weren't interested at the time, maybe in the future.
A plugin would have to trigger a wallet action so that whole layer needs to be secure but that type of idea is exactly what we can do.
A lower rate is definitely what we want for the reasons you listed. One thing this opens up is more elaborate circumvention of the limiters we currently have because it removes the capcha entry time from the equation.
We could add authentication to a social media account and do verification on account age. I did some research on this a while ago and none of them seem forthcoming with an "account created" time but there are some heuristics that can be applied.
It also seems like some people aren't keeping what they get from the faucet, they turn around and sell it so it goes to whoever can find the most contacts who will trade kind of defeating the usefulness to anyone not doing this.
If social media includes this site , and not the likes of facebook or twitter then that could be beneficial , you got a lot of paranoid , screw the system types here that tend to stay away from social media sites like the plague .
There will always be people that instantly sell once received, i wouldn't be surprised if the % of people doing captchas then trying to sell for the best price right away was similar to that of miners of other crypto currencies.
There has been an interesting discussion on the trading thread about perhaps creating an ad blocker add-on for chrome, easy to download , easy to use, could be used for website owners and surfers alike . something to give people a real world benefit from getting the coin, might help reduce the mount of people selling everything as soon as they get any .
The good thing is, more people than ever are claiming coins, so the spread of the coin is better now and reaching more people, accumulation has happened with every single crypto currency and without harsh restrictions i don't know if it would be able to be managed properly to any degree
I sort of started that secondary market and was overwhlemed with people willing to solve captchas. In fact they said this was 10x the going rate. I just wanted to acquire a more decent position in Mrai, but there were no decent offers.
That said - I like what one of the captcha solvers said - for this to be fair, and to eliminate the second market. Why not make it give some large amount, say 10,000 Mrai every 12 hours. or 1,000 every hour, or something along those lines. (You could even dynamically adjust the number based on when the target will be reached).
This achieves 3 things:
* Discourages second markets for captcha solvers (one I am guilty of creating, but not against eliminating the need for it)
* Puts less load on the faucet server, as it spreads transactions out more
* Puts less load on the blockchain, as it will have less total blocks per account
Most of us who want to acquire some in the long run, generally click in our free time, once or twice a day.
Just my 2 rai.
That said - I like what one of the captcha solvers said - for this to be fair, and to eliminate the second market. Why not make it give some large amount, say 10,000 Mrai every 12 hours. or 1,000 every hour, or something along those lines. (You could even dynamically adjust the number based on when the target will be reached).
This achieves 3 things:
* Discourages second markets for captcha solvers (one I am guilty of creating, but not against eliminating the need for it)
* Puts less load on the faucet server, as it spreads transactions out more
* Puts less load on the blockchain, as it will have less total blocks per account
Most of us who want to acquire some in the long run, generally click in our free time, once or twice a day.
Just my 2 rai.
A lower rate is definitely what we want for the reasons you listed. One thing this opens up is more elaborate circumvention of the limiters we currently have because it removes the capcha entry time from the equation.
We could add authentication to a social media account and do verification on account age. I did some research on this a while ago and none of them seem forthcoming with an "account created" time but there are some heuristics that can be applied.
It also seems like some people aren't keeping what they get from the faucet, they turn around and sell it so it goes to whoever can find the most contacts who will trade kind of defeating the usefulness to anyone not doing this.
I've try the faucet he said wait 200+ seconds. But when i try to wait the faucet is off
Idk it's still working or not.
Idk it's still working or not.
nope still aint working, give it time and it will be back online after the dev does what he needs to do
I've try the faucet he said wait 200+ seconds. But when i try to wait the faucet is off
Idk it's still working or not.
Idk it's still working or not.
Will be great if DEV say something about Faucet distribution..
A lot of people wait to be online again..
A lot of people wait to be online again..
We need the faucet :/
Yeah man......... dev doesn't say a word about the faucet
It has literally been explained at the top of the page of this thread
It's off because we've been over target the last couple days and we're focusing on making sure it works going forward.
Everyone concerned with the long term health of the project is primarily concerned with the health of the network itself, first and foremost.
Yeah man but the question is when? When it will be up and running again?
2 times down in 1 day is bad :/
It has been down twice because of the sheer amount of people claiming coins , There is a distribution plan that is in place to be followed , If it goes much faster than anticipated , it will be corrected and improved as to not distribute too many coins at once or ruin the distribution plan
from October 2015-February 2016 , there was around 6-7 million coins distributed, it was not well known had no financial incentive because there was no place to exchange it.
from Feb - Just now at the beginning of April , less than 2 months pretty much, the distribution has doubled. in the last 2 days total distribution has increased by over 10% , in 2 days .
The coin is getting more and more popular , so when the distribution speeds up and more people take an interest there needs to be changes to keep to the original distribution plan and to do server improvements .
I explain this because this is just a tiny amount of the work that has to be done, there are numerous other things the dev's have to do that are involved in the distribution of this coin to make it as fair as possible .
so the answer to your question is most likely no answered because there is no way to know with certainty just when the faucet wil be back online, a rough estimate will be either later tonight or tomorrow like it has been every other time, maybe with changed criteria to better control it to stick to the original distribution plan and keep it on track, but it is not possible to know exactly when yet
Hum ok..
We need the faucet :/
Yeah man......... dev doesn't say a word about the faucet
It has literally been explained at the top of the page of this thread
It's off because we've been over target the last couple days and we're focusing on making sure it works going forward.
Everyone concerned with the long term health of the project is primarily concerned with the health of the network itself, first and foremost.
Yeah man but the question is when? When it will be up and running again?
2 times down in 1 day is bad :/
It has been down twice because of the sheer amount of people claiming coins , There is a distribution plan that is in place to be followed , If it goes much faster than anticipated , it will be corrected and improved as to not distribute too many coins at once or ruin the distribution plan
from October 2015-February 2016 , there was around 6-7 million coins distributed, it was not well known had no financial incentive because there was no place to exchange it.
from Feb - Just now at the beginning of April , less than 2 months pretty much, the distribution has doubled. in the last 2 days total distribution has increased by over 10% , in 2 days .
The coin is getting more and more popular , so when the distribution speeds up and more people take an interest there needs to be changes to keep to the original distribution plan and to do server improvements .
I explain this because this is just a tiny amount of the work that has to be done, there are numerous other things the dev's have to do that are involved in the distribution of this coin to make it as fair as possible .
so the answer to your question is most likely no answered because there is no way to know with certainty just when the faucet wil be back online, a rough estimate will be either later tonight or tomorrow like it has been every other time, maybe with changed criteria to better control it to stick to the original distribution plan and keep it on track, but it is not possible to know exactly when yet
We need the faucet :/
Yeah man......... dev doesn't say a word about the faucet
It has literally been explained at the top of the page of this thread
It's off because we've been over target the last couple days and we're focusing on making sure it works going forward.
Everyone concerned with the long term health of the project is primarily concerned with the health of the network itself, first and foremost.
Yeah man but the question is when? When it will be up and running again?
2 times down in 1 day is bad :/
We need the faucet :/
Yeah man......... dev doesn't say a word about the faucet
It has literally been explained at the top of the page of this thread
It's off because we've been over target the last couple days and we're focusing on making sure it works going forward.
Everyone concerned with the long term health of the project is primarily concerned with the health of the network itself, first and foremost.
We need the faucet :/
Yeah man......... dev doesn't say a word about the faucet
We need the faucet :/
We'll put together a script with the purpose of being drop-in code.
That would be perfect. My technical skills are heavily based around copy & paste, lol.
I think the biggest advantage of the freemium ad concept is if people don't understand it, they can just ignore it and they'll just get ads like normal.
Absolutely, there seems to be very little cost or downside to me or any of my readers for adding this.
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