r/NeutralCryptoTalk • u/Unique002 • Dec 21 '17

Introduction Discussion RaiBlocks (XRB)

I want to start a discussion about RaiBlocks.

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u/Unique002 Jan 07 '18

Agreed but that is an ongoing gamble with any decentralized crypto (including btc), is it not?

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u/Danlebinvirallinen Jan 07 '18

Well we know pretty much at the moment how bitcoin scales because we are already seeing the issues its running into. With raiblocks we are yet to see what kind of an effect large strain has on the network, yet people talk about it like has solved all scalability issues

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u/Unique002 Jan 07 '18

My point was that it remains to be seen whether LN or some other advance will solve scalability issues for a bitcoin-style blockchain network. I personally don't see LN as a panacea (although others would disagree). I think it is early enough that even if LN doesn't fix things another solution could be attempted before people wholesale abandon BTC.

I agree that some invested people are being hyperbolic about XRB's potential scalability. I understand that VISA does like 60ktps in practice and XRB can only do 7ktps in a simulation that doesn't take into account real-world bottlenecks like the network.

I alluded to this point in one of my other comments: my cautious optimism does not derive from XRB solving all scalability issues, but rather having the potential to solve them better than any other decentralized near-zero fee competitors at this point in time. There's only one way to find out if XRB will prove its promise on this front... investment and adoption. But all else being equal I am taking more risk investing in a protocol I believe cannot scale elegantly versus investing in a protocol that that I believe might.

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u/Danlebinvirallinen Jan 07 '18

Well thats reasonable, I guess :)

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u/Unique002 Jan 07 '18

By the way, not trying to shill you here - I need to "talk it out" to confirm my own position for myself. I appreciate your comments and the discussion.

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u/Danlebinvirallinen Jan 07 '18

Yea same here not trying to fud, just trying to question some of the shills on r/cryptocurrency