Raiblocks / XRB. The best test is production.
Em Português: Raiblocks/XRB. O melhor teste é a produção.
All the technologies that are coming up with promise to be better than Bitcoin/BTC, which condemn your speed, rate and everything. When they reach a volume close to the infrastructure that Bitcoin/BTC has today, they will certainly have to go through some problems and will need adjustments as is happening today with Bitcoin/BTC. You may disagree, but you know that you are disagreeing by merely disagreeing.
A technology in the laboratory can beat all the tests of speed of transactions and show itself as excellent compared to any one that is in production.
From my experience in IT, I can assure you that the best test for any application, as well as for these blockchain technologies is Production. And when I say production is volume. Small volume can not be considered "in production", but in "beta".
See how interesting what I found by researching about RaiBlocks/XRB. Before any condemnation, it is not a demerit of technology. But a problem that can occur by the volume to be reached by the currency and which has presented problems for the currency exchanges, since they are always falling. That may not be the problem, but the benefit of the doubt is who is writing.
Inquiring about RaiBlocks/XRB to better understand the technology behind the coin, I found a series of comments about the possible (here "possible" I am writing) issues of RaiBlocks/XRB. It is important to read the writepapers of the projects, comments, criticisms and everything regarding a currency or even an ICO project that one intends to enter. And here's a warning: Cryptocurrency is a risky market. Where the risks should be mitigated.
Enter buying, with money that will take you to get a win and even more without studying anything! Be aware: It can be all right, how can everything go wrong. The name of this is risk!
A small intrinsic problem ...
The technology is innovative. However, according to the criticisms found it has a problem of intrinsic nature of name DAG block-lattice. The problem is in the timing of the Raiblocks ledgers. As there is no mining for the coin. This is the technological motto "against" the expensive and heavy mining infrastructure of Bitcoin/BTC and another Altcoins. Each portfolio "miners" its own balance sheet. Higher value addresses have greater voting power in case of conflict. When you download the Raiblocks wallet, due to the nature of the technology, you can not operate the wallet until everything is synchronized (everything completely) due to the Block-lattice. And it should stay connected all the time as more people use Raiblocks. That's because, every transaction in Raiblocks is a block and each portfolio is a distinct blockchain and they communicate exclusively through the balances.
This process explains in parts, why it has no fees and why it has no mining. Who pays the wallet is who has to keep the wallet connected. In Bitcoin/BTC, you have the problem of the timing of a full-node, however, it receives rewards to keep them: These are the rewards for mining and transaction fees. For the rest, think about the processing required to keep your Raiblocks wallet synchronized and connected all the time. And referring to the principle of this post: And when the volume increases? What is "in production"?
That the developers will work to find a solution, I have no doubt. But that will happen, in the same way: I have no doubt. At first the solution to this problem is to keep the Raiblocks stored: either in the exchanges, or in the centralized web-wallet of the developer team. And important detail, this will continue to grow.
I am curious to know how they will be encouraged (financially) to maintain this, if not have mining reward, nor to tax, nor anything.
If you have read this far you have an interest in technology. Enjoy and leave your comment.
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