Most people will agree that crypto currencies are here to stay. Some of them are built as a store of value, others as a means for global transactions, and then there are also platforms onto which distributed trust-less apps can be built. Thus far scalability and high fees have been some of the main limiting factors. This has reduced adoption... Steam, an online gaming store, was accepting Bitcoin until the fees became unreasonable. ππhttps://www.engadget.com/2017/12/06/steam-no-longer-accepts-bitcoin/
Introducing Raiblocks/Nano π¦π¦... What who or why is Raiblocks??? Raiblocks is a 3rd generation blockchain. Bitcoin is 1st generation, Ethereum with smart contracts is 2nd generation. Iota and Raiblocks are 3rd generation both using DAGs (directed acyclic graph), the tangle for Iota and a blockchain lattice for Raiblocks.
Raiblocks is focusing on only one things, being a transactional currency, and like Iota it has NO fees.π€© Raiblocks is able to achieve over 7000 transactions per second putting it ahead of even Visa.π Transactions settle in about 10-15 seconds making it as good as cash.π± It only has a market cap of $2.0bn currently and recently rebranded to Nano, with shopify integration on the way.π I believe that as more people find out about the underlying technology, the price of Raiblocks/Nano (XRB) will move significantly higher.π
This is my opinion and not financial or investment advice. I encourage you to read the 8 page whitepaper which you can find here: https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf
Sorry for the cheesy picture... I found it really funny... samu-RAI get it lol... also do you like the emojis in the post or should I stop using them? Thanks fellow steemers
Too much competition for NANO
A lightning network is a significant threat I think, altho fact is "no transaction is always better than any transactions." Activity on Github puts a lot of positive perspectives on this project. There are two possible outcomes: It's gonna moon beyond Mars or crash down on earth.
agree that lightning network has alot of potential... then there is trinity for Neo and Raiden for Ethereum... layer 2 is quite experimental for now tho, guess like the whole crypto space
who are you talking about @rogerver1 ... bitcoin cash, dash, iota?
nice, such a great post. Thank you for sharing this post
thank you
that explains the 4 days in a row rise in Nano's price while all the rest of coins were collapsing.I think there is much potential there
apparently there is rumours of a coinbase listing and ledger support as well
raiblock is really improving and the photo is cool though it doesn't go in line.
i really like raiblocks/nano... a friend and me were just sending money back and forward to test it
Nice to see lot of support for you.Great content.
thank you @saikr
Wow !!
Good informative post...
Raiblocks is a 3rd generation blockchain !!!!!!
Its really outstanding..
Thanks for sharing it..
thank you @prince121
awesome! thanks for sharing,,
:)
Thank You Sir For Sharing Such a Nice Information.Great Insights.The Way You Explained Three Generation Blockchains is Awesome.
you are most welcome
Followback and like πππ»ππ»
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thanks
Great motivation such a great post
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thanks
great post, thanks for sharing
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Yes it is everyone when thinking with the easy thing