According to its faithful following, RaiBlocks has been an undervalued coin for a long time. For starters, RaiBlocks addresses any immediate concern for the crypto-community, a top one being speed of transaction. As a result, each block only includes a single transaction, and settlement times are instantaneous.
Recent reports on the obscene amount of energy consumed by Bitcoin mining and the emergence of alternative blockchain methods have made minerless operations like RaiBlocks more attractive. Exposure The RaiBlocks Reddit community has nearly 40, members — an impressive number for a cryptocurrency project. In methodology, RaiBlocks is closely linked to another digital currency, IOTA , which uses a similar minerless approach to their blockchain.
Part of the alt-coin rise is a user preference for products that actually work. Here is a free daily reference on cryptocurrency exchange rates. Bitcoin exchange rate is higher relative to RaiBlocks according to European cryptocurrency exchange rates. Today, 1 Bitcoin costs 2 Bitcoin to RaiBlocks exchange rate today at 31 October Changes in the exchange rate of Bitcoin to RaiBlocks over several days are shown in the table. Values of Bitcoin to RaiBlocks for past days are shown in the table on the site.
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Personal control — on this platform, only an account user can verify, validate or modify their own transactions. This removes the need to heavily rely on other individuals as it is the case with Bitcoin network. DPOS uses less energy since it runs only when there is a conflicted transaction unlike in Bitcoin ecosystem where it runs throughout.
Cons of Raiblocks Less adoption — the success of a cryptocurrency technology depends on mass buying enthusiastic investors. While this digital asset has a considerable backing from individuals, there are no records of its ties with renowned corporations.
Where to buy Raiblocks You can buy this cryptocurrency from Bitgrail, a dedicated exchange for this virtual currency. The currency is listed under XRB ticker. Conclusion Raiblock has a tasty market cap, an amazing tech and marketing team and ultimately a promising future.
Bitgrail is already overloaded with traffic from cryptocurrency enthusiasts looking to have a bite of this currency. Soon, other exchanges might welcome it aboard and make it even more valuable. You Might Also Like Investing Disclosure This Site provides general information only.
Investing in cryptocurrency is incredibly speculative and involves a high degree of risk. There is little oversight in regards to regulation, governance, and insurance. Also, you can see two more in the process of acceptation, should be available as well in the near future.
Process of the operation The first step for you to be able to send your Mrai to Cryptopia : you need to create an account on the platform; I created my account in less than five minutes. Once in your Raiblocks wallet , you need to send your Mrai to the public key provided under your profile in Cryptopia , then click on the send button. In my case, I sent Mrai to Cryptopia. You can see under the unconfirmed address the Mrai I sent, but before I can do something I need to wait patiently to see it under available.
I waited less than 10 minutes before it switched to available, I think it is a reasonable waiting time to receive a confirmation from the trading exchange. Now it is time to sell on the free market and open a sell order.
I opened an sell order of XRB at the current market price. The server has implemented a fee on each transaction of 0. As you can see below, I have made the sale and received my money in Bitcoin.
Raiblocks to btc moderat etheral instrumental
How to Use BitGrail to Buy RaiBlocks with Bitcoin
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