Most people will agree that crypto currencies are here to stay. Some of them are built as a store of value, others as a means for global transactions, and then there are also platforms onto which distributed trust-less apps can be built. Thus far scalability and high fees have been some of the main limiting factors. This has reduced adoption... Steam, an online gaming store, was accepting Bitcoin until the fees became unreasonable. 😟😟https://www.engadget.com/2017/12/06/steam-no-longer-accepts-bitcoin/
Introducing Raiblocks/Nano 🦄🦄... What who or why is Raiblocks??? Raiblocks is a 3rd generation blockchain. Bitcoin is 1st generation, Ethereum with smart contracts is 2nd generation. Iota and Raiblocks are 3rd generation both using DAGs (directed acyclic graph), the tangle for Iota and a blockchain lattice for Raiblocks.
Raiblocks is focusing on only one things, being a transactional currency, and like Iota it has NO fees.🤩 Raiblocks is able to achieve over 7000 transactions per second putting it ahead of even Visa.😍 Transactions settle in about 10-15 seconds making it as good as cash.😱 It only has a market cap of $2.0bn currently and recently rebranded to Nano, with shopify integration on the way.🙌 I believe that as more people find out about the underlying technology, the price of Raiblocks/Nano (XRB) will move significantly higher.🌕
This is my opinion and not financial or investment advice. I encourage you to read the 8 page whitepaper which you can find here: https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf
Sorry for the cheesy picture... I found it really funny... samu-RAI get it lol... also do you like the emojis in the post or should I stop using them? Thanks fellow steemers
