291–300 of 487 posts
There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…
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I'm interested. Here's my wallet: xrb_143o34yte8m893ua91jtnt6gk4owo8wnwojjcpmq1gmsohqtt5e6ibcj8uzw
sent :) https://raiblocks.net/block/index.php?h=D6753964A8C48FAF2A18...
xrb_3fkg5jonksmby4xjzs8or8pf1btzja7wjk3c3wz3do8o3k1ie9dd5d7yf6nk
Thanks!
There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…
Earlier quoted context omitted.
The lightning network could fix everything, or fail spectacularly. I think an even bigger danger than failing spectacularly is if they take too long to roll it out. Other cryptocurrencies are already gaining some favor because of the situation BTC is in now with the high transaction fees. It has a good chance of working, in my opinion (the lightning network), if they don't dawdle too long. But the clock is ticking.
There are already new players in town. Currently Raiblocks is gaining in popularity. It offers AFAIK the fastest transactions with NO FEES. This is the future.
Is it not obvious to you that no fees is a ridiculous proposition? Free transactions mean spam and that doesn't work in a distributed ledger.
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Is it still not available on many exchanges? I've been looking to get into this for a bit (ok only a few days). I made an account on that site, xrb_1h7fo6dwweg1gibqdddtgrfxfziqr6ezkzcfidnmsc6gnrbqerkynk4be63a
sent :) https://raiblocks.net/block/index.php?h=BE7E86C159BFFF0F2C66...
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Blockchain-based currencies are not an acceptable replacement for the existing monetary system because of the extreme brittleness of their mechanisms. You really are completely on your own when it comes to things like getting hacked, losing your wallet, etc. And we know that nobody's machine is secure against a persistent attacker. The social mechanisms (regulatory etc.) around retail banking are a crucial safety mea…
Could that be solved by some sort of banking layer between such-inclined users and their holdings, without interfering with the core aims of Bitcoin? e.g., an abstraction where the next generation bank provides some extra level of security or recourse. I can't imagine that banks as they are today are brilliantly efficient.
The Bitcoin/blockchain-agnostic term for the basic abstraction these intermediaries share is "distributed ledger", though that doesn't solve the whole problem.
There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…
Thanks!
There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…
There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…
What's with all the extreme negativity with Bitcoin and its trading price on HN? I've been noticing that in all the BTC related threads recently. Yes, this is possibly getting too large too fast. Yes there is a chance this is a bubble because the barbers and shoeshine boys are talking about it. But there is also a chance that we genuinely are at the beginning of the transition from Fiat currencies to crypto (beginnin…
There seems to be a ton of excitement about Bitcoin now, not because of what it can do, but almost entirely because of speculation. Almost none of the general public interest in Bitcoin stems from an interest in what Bitcoin is; the vast majority of people simply see it as a get rich quick asset. And the reason why people are only interested in it for speculative reasons is because it doesn't seem to have any particu…
A lot of millenials have learned a lot about the existing financial system due to Bitcoin, even if it was initially to make a quick buck, and I suspect there's no way back to fiat for a lot of them.