Re: [ANN]Cryptocurrency's killer app: disrupting web ads via RaiBlocks micropayments

How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security

Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.

So the fees paid to the miners are not incentives? whaaaaa???

Yes, but RaiBlocks doesn't need miners.

I don't think a lot of people understand how RaiBlocks works, dev should put up a simple explanation on how everything is secured and how it compares in tech with other cryptos.

Does this help? https://docs.google.com/document/d/13s6BKzRq9oD5Me55JBRzR7BdvjJ44QKqPu2lf-JsAlU/edit