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Showing 20 of 47 results by Watsuji
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Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
Watsuji
on 03/07/2017, 01:44:27 UTC
Due to find an agreement between development team and community the claim mode has been simplified so:

1- Normal: you get 1 claim for each succesfully captcha
2- Help devs: you get 1 claim for each succesfully captcha and donate 0.1 claim to devs.

No more incentive if you donate to developers.

I support this change. Fairer now, hopefully people still donate




Max. tx/s >no fix limit (?)>no fix limit (~700)>~7tx/s (1MB block size limit)


How did you arrive at the number 700/s for raiblocks?

too many fucking beggars in this coin.

...
Too many issues combined with all the third world rats who think that the XRB dev owes them a fucking living.


threshold  go up and up and xrb go down what is this ? suppor this coin it becomes so difficult

the irony is palpable lol Cheesy
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Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
Watsuji
on 18/06/2017, 13:05:51 UTC
I have one question: In terms of fairness of distribution, would it be fairer if 5% was removed?
I believe 5% donation amount shouldn't be removed, but my views are 100% based from my own dev view.

I've done open source and I contribute to open source.
Got a lot of thanks, but those thanks didn't pay my bills, my time, etc.

Ask yourself, would you create something very useful (epic, actually) which makes people happy/solves big problems and get nothing in return, except users thanking you?

You said I didn't understand open source before, but the whole ideology is based on the improvement of the technology over everything else (personal / monetary gain etc)

My argument would be don't contribute to an open source project if you are only in it for the financial gain.

I do understand your point of view though.

It is possible to make something and get nothing in return, eg. Satoshi he has 1million btc untouched, + various opensource devs.
For some people, it's not always about the money but rather the tech.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
Watsuji
on 18/06/2017, 12:36:17 UTC
My view is that actual donation rate is good. 5-8% as I saw.

When we started this project we invested some money and a lot of time, some headache still now happens.

This is also a free give away, no ICO, no pre-sell, no special hw required. I really can't figure out what's wrong.

There are a lot of coin wih ICO or binding % to dev.

Explain again the donation:

- 5% to donator -> instant help, it's hard to win the 100 Mrai
- 100 Mrai -> long time help, hard to get but it give satisfaction for donator.

I think it's balanced.

Like I said before, I definitely appreciate the hard work that's gone into making xrb a great coin.

My main problem is with the 5% to donator, it forces you to donate because the cost of not donating is too much.

I think it's very unbalanced and I predict donation rate will increase to 10%+ as the number of claims increase.

Maybe I'm just being too idealistic about the fairness of the distribution.



I AM A DELUDED, GREEDY, SELF-ENTITLED FUCKING WHINY BITCH!


Maybe we should all send you all the MRAI we have but am pretty certain you'll still find something to complain about...

Why don't you just leave XRB and look for other coins which you deem to be fairer?

You'd do me and yourself a huge favour.
 
Kiss


If that's what you got from my post, I suggest you read it again. You are just resorting to ad hominem attacks.


...


I have one question: In terms of fairness of distribution, would it be fairer if 5% was removed?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
Watsuji
on 18/06/2017, 10:38:57 UTC
http://coinmarketcap.com/currencies/zcash
20%, hard-coded mining donation. You can't remove it. Look at its market cap.

You have the option to remove it from XRB. Developers have proven they're capable of helping the community regarding all matters.
Look at its market cap.

This is a open source project which is very fairly distributed, unlike any other distributions we've seen (except a couple of exceptions)

I'm talking abour fairness of distribution. You can see that the 20% hard-coded mining donation is unfair right?

I'm arguing that +5% is similar to the 20% hard-coded mining donation for the reasons I stated before.



4 & 5. I'm not the one who can't see this is making the distribution unfair... What is going to happen as claims increase? Donations for devs is going to reach 10%+ of the distribution. Still think this is fair?

fucking hell....

Clemahieu has over 1700 commits on github.

He is essentially working for free so that self-entitled greedy little cunts like YOU can come and complain about the dev not giving you enough of FREE MONEY.

So YES, I think it's MORE THAN FAIR for the dev to get a slice of the pie.



I want to reiterate I'm discussing the fairness of distribution.

You are acting like Colin has nothing to gain from making the coin successful. This is not an attack on Colin. I want to state that I really respect and admire Colin and the work he's put in + other members of the team too.

I agree it is more than fair devs get a slice of the pie, but it's the manner in which it is obtained which is the issue.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
Watsuji
on 18/06/2017, 09:51:26 UTC
Can the +5% be removed?

Not saying you guys don't deserve the donations but it is seriously taking over the distrubution.

It basically forces people to donate and I think 7% of the daily distribution going to devs and is making the distribution unfair. Scary thing is, this proportion is only going to increase as more people claim.

https://faucet.raiblockscommunity.net/wiki.php


1. first and foremost, if you don't want to donate, you should uncheck the box.

2. This was not an ICO coin, so the devs have been breaking their backs to give YOU FREE MONEY.

3. Nobody is forcing you to DONATE.

4. Idiots like you are the reason why cryptopia did not want to deal with XRB.

5. FUCK YOU.

1 & 3. True but if people are going to get +5% for donating, everyone is going to donate, as the reward for donating far outweighs the the reward for not donating (0).
Can you really say it's not forced when the loss from not donating is so high?

2. I said I'm not saying they don't deserve it. They are getting around 1.5btc a day right now (45btc a month, $3810 a day, $114,300 a month [1btc = $2540] ), which is only going to increase as value of xrb & number of claims increase.

4 & 5. I'm not the one who can't see this is making the distribution unfair... What is going to happen as claims increase? Donations for devs is going to reach 10%+ of the distribution. Still think this is fair?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
Watsuji
on 18/06/2017, 09:20:30 UTC
Can the +5% be removed?

Not saying you guys don't deserve the donations but it is seriously taking over the distrubution.

It basically forces people to donate and I think 7% of the daily distribution going to devs and is making the distribution unfair. Scary thing is, this proportion is only going to increase as more people claim.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
Watsuji
on 22/05/2017, 19:28:10 UTC
"rai" is the old designation I used before I was aware of ISO4217 currency codes.  https://en.wikipedia.org/wiki/ISO_4217

XRB is the formal ticker and designation under the X-type supernational currencies.

"M" prefix is a SI prefix, another way to write it would be XRB (millions).  The reason I chose these SI dividers is I think currency amounts without decimals are easier to use and write.  Anticipating a wider user-base and depreciation over time as keys are lost it seemed most likely people would eventually be using kxrb or plain xrb when it comes in to wide use.

The wallet defaults to Mxrb and all exchanges are listing it in millions right now.  

All the dividers are listed in code and on the GitHub wiki:
https://github.com/clemahieu/raiblocks/blob/master/rai/utility.hpp
https://github.com/clemahieu/raiblocks/wiki/Distribution-and-Mining

Thanks for the explanation, if not wanting decimals was part of your design then it makes sense to have 1xrb = 1rai.

It's just a matter of preference I guess (I prefer 1xrb = 1raiblock = 1,000,000rai Cheesy ), there are currencies out there like japanese yen which have no decimals.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
Watsuji
on 22/05/2017, 12:50:54 UTC
what did they change name for mxrb from xrb?
It's XRB. Just 1 rai = 1 XRB. 1000000 XRB = 1 M(ega)XRB = 1 Mrai

I always thought

1Mrai = 1 raiblock = 1 XRB = 1,000,000rai

like how 1 BTC = 100,000,000satoshi

rai is equivalent to satoshi

I think this is a better way of representing it.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
Watsuji
on 19/04/2017, 22:54:51 UTC
It seems like we need an invitation code. How do we obtain this?

It's been removed now, everyone can sign up
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Cryptocurrency's killer app: disrupting web ads via RaiBlocks micropayments
by
Watsuji
on 01/04/2017, 17:33:41 UTC
No 1st April prank Wink

Advantages of new system:

- Users will join mining pools to be more comptitive -> less faucet server load
- 60*24 max payments for faucet node -> shorter payment duration and less node load


I agree this would decrease network usage. Are there not other methods to handle increase in server load / node load that don't affect distribution?

i.e. to reduce load on faucet node load, can another trusted account be created which can act like a mining pool in terms of payment distribution?
Say you had 500Mrai to send to 1000 accounts. Instead of the faucet node handling all the load, 500Mrai can be sent to trusted account which distributes it to the 1000accounts.

Not sure if this is possible?


Quote
- Captching pool born -> third part developers can start their own business

How does this benefit the majority of claimers who don't know how to start a captcha pool? It affects the majority of people who will experience a loss of earnings through the use of captcha pool

Quote
Little disadvantage:

Normal user will have to join a pool to be competitive, but will get anyway their pay in long terms because non-top 60 accounts will cumulate claims until them are top 60.


In my opinion, it makes joining a pool mandatory.
The top 60 accounts creates a threshold that people have to meet.

Depending on the threshold, it could be quite difficult to for people to meet. the threshold could be 500, 1000, 2500+, hard to estimate right now.
If someone didn't want to join a pool, they would have to meet that threshold. Can you say it is fair if someone has to make 2500 claims before they see any Mrai?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Cryptocurrency's killer app: disrupting web ads via RaiBlocks micropayments
by
Watsuji
on 01/04/2017, 16:25:18 UTC
NEW FAUCET RULES START ON SATURDAY 15 APRIL 2017 00:00 UTC!
Distribution will be performed hourly, but only top 60 accounts will get paid. Non-top 60 accounts will cumulate claims until will be top 60 in next distributions.

I know this is to encourage the use of captcha pools which in turn reduces network usage.

How does this change benefit people who are claiming? In terms of fairness and other factors, how is this distribution method an improvement to the previous distribution method?

I just want to see it from the perspective of the devs, as there may be benefits I and other people might not have considered
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Topic
Board Announcements (Altcoins)
Re: [ANN]Cryptocurrency's killer app: disrupting web ads via RaiBlocks micropayments
by
Watsuji
on 28/03/2017, 00:14:11 UTC
One thing I'm confused about, when trading is it in MRai or Rai?

It's in Mrai
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Cryptocurrency's killer app: disrupting web ads via RaiBlocks micropayments
by
Watsuji
on 20/03/2017, 23:04:48 UTC
I announce I'm working on the algoritm of the first XRB "mixer".
I say "mixer" and not mixer, just because it doesn't mix, but wants to reach the same goal.
Would be better call it: XRB deceiver.

Coin mixer concept:

Differents users or holders join their funds and an algorithm split them back. (Very basic concept)

Coin deceiver concept:

Since I want to provide a solution that allow to "mix" coin without the help of third parts, I can't call it mixer. Just deceiver.
What's the concept? XRB allows us to a potentially infinite number of tx, since no fee is required.

Deception is more efficient as:

- more time deception lasts
- more txs are generated from the source account (the account wants to to deceive)

The basic idea is to analyze how much tx in the network happen, how many different amounts are send, what's the amount average and other txs property.

The goal is to make believe to your "account stalker" that you don't hold your funds anymore and that such funds have just being send to someone else.

At the end of deception, from your source account you'll get many many more accounts with different amounts. You'll be able to spend such splitted amount with a proper tool.

(You'll loose some funds, because to perform a proper deception, your funds will be sent to accounts of other ppl, that you don't own).

Will be written in PHP and posted on GitHub (so other devs can write in different language).

Give me your feedback.

Monero's ringct would be amazing but I'm not sure if it's possible to implement that into raiblocks.

On your idea, since transactions and creating accounts are free, i think it would be better just to use your own accounts rather than accounts of other people, it reduces risk.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Cryptocurrency's killer app: disrupting web ads via RaiBlocks micropayments
by
Watsuji
on 18/03/2017, 20:04:55 UTC
is this site lagging only for me?

I'm not sure if it's going to be able to handle the new influx of users... I'm still waiting for my registration email.
i registered, email came easily in a second, but for me its only loading and after a minutes error 502 with host error..

I haven't had those errors, I can browse the different markets, just a little slow but it does load.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Cryptocurrency's killer app: disrupting web ads via RaiBlocks micropayments
by
Watsuji
on 18/03/2017, 19:51:12 UTC
is this site lagging only for me?

I'm not sure if it's going to be able to handle the new influx of users... I'm still waiting for my registration email.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Cryptocurrency's killer app: disrupting web ads via RaiBlocks micropayments
by
Watsuji
on 18/03/2017, 17:34:17 UTC
Is there a way to relocate the wallet database to a different location and to get it to syn from the new location? (I want to move it to my computer's second hard drive, OS is windows)
There is no --datadir option yet. But you can make hardlink

Close wallet and make sure it's closed in Task manager --> Processes (rai_wallet.exe)
Copy entire %LOCALAPPDTA%\RaiBlocks folder to other disk
For example to disk D:
So it will be D:\RaiBlocks
Rename old folder in localappdata to something like RaiBlocks_old (kind of backup)
Open command line as administrator
type
mklink /J %LOCALAPPDATA%\RaiBlocks D:\RaiBlocks
Open wallet again

It worked, thanks Smiley
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Cryptocurrency's killer app: disrupting web ads via RaiBlocks micropayments
by
Watsuji
on 18/03/2017, 13:58:28 UTC
Is there a way to relocate the wallet database to a different location and to get it to syn from the new location? (I want to move it to my computer's second hard drive, OS is windows)
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Cryptocurrency's killer app: disrupting web ads via RaiBlocks micropayments
by
Watsuji
on 14/03/2017, 02:15:13 UTC
I thing the system update Playlist wrong. 3.000 Validated = 2.700 Claim. Huh?
Check also previous distribution. Perhaps you started claiming just at the end of previous period
https://raiblockscommunity.net/faucet/distribution-single.php?did=1489276802

How check previous distribution from say 7 days ago or yesterday?

Can't seem to work out how to navigate to them on the website.
Post
Topic
Board Games and rounds
Re: ⏪ ⏳ Puzzles, games and giveaways ☘ ⏩
by
Watsuji
on 04/03/2017, 11:46:48 UTC
I liked this puzzle Smiley, 281 which links to #209 is the answer
I'm glad that you liked it. It was damn time consuming to make Roll Eyes
Could have taken me, like an hour to compose and I'm still not to happy how it looks...
But the question is: Did you claimed it? Who did? We have a contest here, after claiming you where informed how much coins the code was containing, if you want to take a shot for special prize than your post needs to have information on how many coins have been claimed. Without this info points are "gone".
 

I did not realise this, there was 250.6 doge in the code and I claimed it a fews mins before I posted that I claimed the prize.
Post
Topic
Board Games and rounds
Re: ⏪ ⏳ Puzzles, games and giveaways ☘ ⏩
by
Watsuji
on 04/03/2017, 01:09:13 UTC
 I liked this puzzle Smiley, 281 which links to #209 is the answer