All the fancy stuff apart, RaiBlocks (XRB) is far better than IOTA/Bitcoin/Ethereum as a protocol for ‘fast and secure transfer of value’ (which, I believe is the most meaningful functionality expected in a cryptocurrency). Here is how.

dreamlightzone
2 min readDec 7, 2017

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  • Zero transaction fee
  • No resending/reattaching/regeneration of addresses required.
  • ‎No centralised coordinator or any other centralised mechanism which can shut down the system at its will or move tokens between addresses. This means that RaiBlocks is truly decentralised.
  • No miners. That means no third party in between the sender and the receiver. No third-party means no manipulation of confirmation time or fee or selective confirmations.
  • ‎Instant confirmation of transactions. No long wait or uncertainty in confirmation ( It takes less than a minute, actually. Too awesome)
  • No breach of security when one sends or receives from a single address multiple times.
  • No issue of lost coins or the need for regenerating addresses till you find your coins.
  • The only effort required is during the initial step of installing the wallet and allowing it to sync and download the entire ledger.(Even this effort can be simplified by downloading the entire ledger as a an external file and putting it in the root folder of the wallet). After this initial step, everything else is cakewalk.
  • No issue of ICOs or cats clogging the system.
  • As mentioned in their white paper, RaiBlocks is “a trustless,
    feeless, low-latency cryptocurrency that utilizes a novel block-lattice structure and delegated Proof of Stake voting. The
    network requires minimal resources, no high-power mining
    hardware, and can process high transaction throughput.All of this is achieved by having individual blockchains for each
    account, eliminating access issues and inefficiencies of a global data-structure
  • Very minimal (almost negligible) proof of work (PoW) for confirming transactions. This means that XRB wallet can work even on your old computer with very low specs.
  • ‎No wastage of valuable resources like computing power and electricity.
  • No madness of increasing/decreasing gas value and wondering whether you have put the right value or not, while waiting for confirmation.
  • ‎No smart contracts, no IOT, no big promises of changing the world. Just “doing one thing and doing it well”.

Try XRB today. You won’t regret it.

Like this article? Send some XRB to xrb_1nr7ruhkxp1gfpinsbumqk716sse1xknno6345qkiwq5gmjy9qoe75ywo13q

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