RaiBlocks (XRB) quick summary
RaiBlocks (XRB)
RaiBlocks is a trustless, low-latency cryptocurrency that utilizes a novel block-lattice architecture, where each account has its own blockchain and achieves consensus via delegated Proof of Stake voting.
Category: Currency
End of faucet distribution and reaching maximum supply: October, 2017
All time low: 0.007948 USD
All time high: 37.62 USD
Pros:
-Offers feeless, instantaneous transactions, as well as unlimited scalability, making RaiBlocks ideal for peer-to-peer transactions
-The network requires minimal resources, no high-power mining hardware, and can process high transaction throughput
-RaiBlocks isn’t a single long blockchain, like Bitcoin or Ethereum; it is a database of blockchains where each user (or address) gets their own blockchain that only they can add onto
-Raiblocks technology is state of the art, they operate one of the only DAG (Directed Acyclic Graph) blockchain type systems and have very few competitors (IOTA)
-Raiblocks is built for maximum speed and scalability, it is built for the IoT (Internet of Things). Also Raiblocks have used some of IOTA's best practices and advanced upon their technology using different approaches
Cons:
-RaiBlocks is a “pre-mined” coin and can't be mined by now and has reached its maximum supply of 133,248,290 XRB
Similar projects: IOTA
Key figure: Colin LeMahieu
Nice Write up. I think XRB could be a big player for crypto in 2018.
Thanks and I agree with you, with the advance of IoT it can really be a gamechanger.
Coins mentioned in post:
Nice, but this is temporary. Personally, I think we shouldn't base our opinion on a short term trend.