Have a look at the first page...
No fees: The RaiBlocks network has no notion of fees.
Low latency: Transactions are natively processed instantly giving a responsive experience.
Scalability: Micropayments require a system capable of significant scalability
Here is a comparison between RaiBlocks, Bitcoin and Ripple
https://bitcointalk.org/index.php?topic=1381323.msg19698220#msg19698220I am also reading up on IOTA,
to be able to make a comparison between RaiBlocks and IOTA, who are both targetting micro transactions.
Here is a small teaser of what i have gathered so far...
| IOTA | RaiBlocks | Bitcoin |
| asynchronous | >asynchronous | >synchronous |
| Max. tx/s | >no fix limit (?) | >no fix limit (~700) | >~7tx/s (1MB block size limit) |
| Confirmation Mechanism | >Proof of Work | >Proof of Stake | >Proof of Work |
| Anti spam mechanism | >Proof of Work | >Proof of Work | >Tx Fees |
| Ledger Type | >DAG (directed acyclic graph) | >Block-Lattice (multiple blockchains) | >single (shared) Blockchain |
| Confirmation time (1st confirmation) | >depends on transactions by other users | >1 network echo period (<5s) | >10 minutes |
| time till irreversible tx | >unknown (depending on weight & PoW) | >15s - max 1minute | >~60 minutes |
Imho,
Copared to IOTA,
RaiBlocks has a better design in regards of fork resultion and attack prevention.
Both seem to be equally scalable, while RaiuBlocks pays close attention to transaction size (1 tx fits in 1 UDP package)
Compared to IOTA, Raiblocks lacks of third party development. It is less known, and the community is smaller.
Just to put the tx/seconds into context. Today, the VISA Networks treats 2000tx/s on average with a daily peak of around 4000tx/s.