>Low market cap
>on small exchanges
>7000 tps
>instant fee-less transactions
>much better than IOTA
Tell me Veeky Forums why you holding raiblocks while it's cheap?
Low market cap
Landon Clark
Hudson Torres
i already am
Elijah Bell
rai is bae
Gabriel Diaz
...
Parker Harris
RaiBlocks had a very quick recovery from the bitcoin crash by the way!
Jacob Evans
What about quantum proof?
Dominic Baker
user:
Regarding security, is "quantum-proofing" a big concern at the moment and how do you guys plan to approach this when the time comes. And how possible would it be for bad actors to successfully implement a 51% attack.
Dev:
Quantum computing is going to be an amazing leap for humanity but it's also going to cause a lot of flux in cryptography. The plan I see is the similar to what I did in selecting the cryptographic algorithms we're using right now: look for leaders in academia and industry that have proven implementations and use those as they recommend migration based on computing capability. Quantum vulnerabilities can be an issue in the future but a vulnerable implementation would be an issue right now.
user:
I saw a post on /r/iota that claims that their quantum resistance is a main benefit over raiblocks. Can you go into detail about this? explain any plans you have to let XRB persevere through upcoming quatum revolution?
Dev:
I think everyone with cryptography in their programs is keeping an eye on quantum cryptography because we're all in the same boat. I don't have cryptanalysis credentials so I didn't feel comfortable building an implementation and instead chose to use one off-the-shelf from someone with assuring credentials.
There are some big companies that have made small mistakes that blow up the usefulness of the entire algorithm, it's incredibly easy to do. arstechnica.com
Eli Young
Where can you hold it? Is there a wallet for raiblocks?
Ayden Cook
bitgrail.com
Luis Cook
quantom proof?
user, IOTA is not even cryptographically secure, for today.
iota dev CfB, in his infinite narcisism, thought they could outwit the entire global cryptography community, and produce their own hash function AND digital signature scheme (something which takes the effort of the global community +5 years to accomplish).
yet of course the crypto was vulnerable to high-school level of attacks.
Then CfB claimed it was all just an intentional backdoor.
A backdoor in your financial software.
Have fun with IOTA