Raiblocks/Nano - QUICK TAKE 🧐🎬

in bitcoin β€’Β  7 years agoΒ 

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. 😟😟https://www.engadget.com/2017/12/06/steam-no-longer-accepts-bitcoin/

Introducing Raiblocks/Nano πŸ¦„πŸ¦„... 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.🀩 Raiblocks is able to achieve over 7000 transactions per second putting it ahead of even Visa.😍 Transactions settle in about 10-15 seconds making it as good as cash.😱 It only has a market cap of $2.0bn currently and recently rebranded to Nano, with shopify integration on the way.πŸ™Œ I believe that as more people find out about the underlying technology, the price of Raiblocks/Nano (XRB) will move significantly higher.πŸŒ•

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

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Too much competition for NANO

Β  Β· Β 7 years agoΒ (edited)

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

Β  Β· Β 7 years agoΒ (edited)

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

Β  Β· Β 7 years agoΒ 

Nice to see lot of support for you.Great content.

thank you @saikr

Β  Β· Β 7 years agoΒ (edited)

Wow !!
Good informative post...
Raiblocks is a 3rd generation blockchain !!!!!!
Its really outstanding..
Thanks for sharing it..

thank you @prince121

awesome! thanks for sharing,,

:)

Β  Β· Β 7 years agoΒ 

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 πŸ˜ŠπŸ™πŸ»πŸ™πŸ»

Β  Β· Β 7 years agoΒ 

Great motivation such a great post

Β  Β· Β 7 years agoΒ 

You got a 2% upvote from @danzy courtesy of @crypto-n-custard!

thanks

You got a 25.00% upvote from @ebargains courtesy of @crypto-n-custard!

thanks

great post, thanks for sharing

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Yes it is everyone when thinking with the easy thing

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