Is RaiBlocks replacing Bitcoin? Block Lattice Explained

in cryptocurrency •  7 years ago 


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RaiBlocks is purely a cryptocurrency with nothing else attached to it. Its currently ranked no 20 cryptocurrency with a 2.8B market cap and it is trading around the 20 dollars mark as at 14th of January 2017.

Their mission is to tackle the scalability problem, accommodating over 7000 Transactions Per Second. Bitcoin do around 7, Dash 10, Ripple around 1500.

So to achieve this, RaiBlocks uses the Block- Lattice infrastructure where each account has its Blockchain called an Account Chain. RaiBlocks is not mined at all and has reached its maximum supply of 133,248,290 XRB. There are no fees involved RaiBlocks and transactions are received almost immediately.

RaiBlocks Website - http://raiblocks.com/
Buy RaiBlocks - https://www.kucoin.com/#/?r=7y6xK4

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