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Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

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Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#401
post #389

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…

Much appreciated xrb_13pxmxsq96nftprj58km73fikos78z41i7xk7xqhsfnf6prssai5icb11j8t

sent :)

https://raiblocks.net/block/index.php?h=3C9BBE9655759513C7FE...

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#402

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…

I'll try as well: xrb_3m5191zhmgmw4ztk9an6ygyhiyyphz9fiw43wpu96xcbkfz7pzao1h7z74us

sent :)

https://raiblocks.net/block/index.php?h=8348F83B34BA91CDE23C...

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#403

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…

OK, I'm trying xrb_1rkecomb7s3c8kkg8dir9frrpxxpazm3j531jcbh7zpqoe9umdbzoi Thanks! Edit: tried to figure this out. There is no mining but there is something POW that it wants me to opt in to use my browser for. Where can I read more about this (except for the source code).

The address you sent me is invalid, are you sure you copied it correctly?

You can read more about the coin at this website: https://raiblocks.net/, or on its subreddit. There is some "PoW" involved but it's used to deter spammers, and it's not a key component of the protocol. Since there are no fees, there's no tangible economic disincentive to deter someone from spamming the network. Thus, before sending a transaction you have to solve a small problem that takes a couple of seconds in commodity hardware.

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#404

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, I'll give it a go as well if you don't mind. :) xrb_1sy8ewzsee7zxu4bz1ka7pqjt7uwdmd5ng5xu33ghzxts5fxyt3hzcgjqryu > Raiblocks could be a good alternative to cash, or at least help some of the most technically savvy people. Do you see any downsides? The only technical one I'm seeing is that the protocol isn't battle tested (e.g. can it cope with being spammed like crazy given it has zero fees?).

sent :)

https://raiblocks.net/block/index.php?h=267DC5FB1CF52F526DE1...

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#405

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, I'll give it a go as well if you don't mind. :) xrb_1sy8ewzsee7zxu4bz1ka7pqjt7uwdmd5ng5xu33ghzxts5fxyt3hzcgjqryu > Raiblocks could be a good alternative to cash, or at least help some of the most technically savvy people. Do you see any downsides? The only technical one I'm seeing is that the protocol isn't battle tested (e.g. can it cope with being spammed like crazy given it has zero fees?).

Yup, the protocol isn't battle tested. Some stress tests have been performed, but that's nothing compared to actual real-world use. As in any experimental technology there are several premises that are assumed, hopefully, with good reason, and if any of these fail it might be fatal. For raiblocks, it might be vulnerable to certain types of sophisticated attacks (check the paper for more info), and more info must be gathered. Also, the cryptocurrency isn't anonymous, packets are sent unencrypted via UDP.

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#406
post #388

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…

I'll try it aswell! xrb_35hf1mc6bifsuhr6zwj66t3tge64hjoy63oi8qz77f8sscf8oy9msu41ebj4

sent :)

https://raiblocks.net/block/index.php?h=7C76610AC8A381103C55...

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#407

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…

Sounds interesting. xrb_3nqis7c7zs3nof5a75s35f5cskz3bposro69e6wfb9ikwimyycwo6m1xngar

sent :)

https://raiblocks.net/block/index.php?h=61BBA2A59538F4C05C39...

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#408
post #387

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…

I'm in - xrb_3pza9dd1b4wgenof1qotgt81mpisu5cim3yu4nntsnnu5or761cqpkfhzjdr

https://raiblocks.net/block/index.php?h=F19E66CE2EC090923F26...

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#409
post #376

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…

Thank you very much :) xrb_1upurqq5tadxnh6rwhwg3uws13595nw9d7s19ajagw6qdk371aowxnqpdy8r

sent :)

https://raiblocks.net/block/index.php?h=DB13B9D6BE67B6753C9B...

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#410
post #333

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…

Let's give that a try, from what I understand, coins are generated once for all in the genesis account and then need to be sent to other accounts. Hence that's why you send free coins, right? xrb_1fu8fcm93ifjnugkkt1nckr43trq7urqt9uyu6xgsynjjfda9xbpoe4kn4t1

sent :)

https://raiblocks.net/block/index.php?h=AAFDC0F404BFE33CCF81...

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