Top BTC Faucet List Sites - Earn free BTC 2020

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Faucet list and automatic faucet bot download
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The Best Bitcoin faucet list (just use automatic BTC2VTA converter)

The Best Bitcoin faucet list (just use automatic BTC2VTA converter) submitted by nissannassin to VirtaCoin [link] [comments]

Best Bitcoin Faucets

Best Bitcoin Faucets
Bitcoin faucets are websites or applications that offer you a small amount of bitcoin as a reward for making easy tasks. Depending on the selected faucet, users can earn coins for completing various tasks, such as viewing certain websites, watching ads, entering a captcha, or playing a game.
by StealthEX
At the beginning of the cryptocurrency’s existence, when the stakes were not so high, the creators of faucets gave 5 bitcoins for each claim — back then it was their way to promote digital money among newcomers. Now faucets operate with much smaller amounts and give out some part of the Bitcoin, which is measured in Satoshi(named after the creator of Bitcoin). Satoshi is the smallest possible fractional number of Bitcoin — one BTC is equal to 100 million Satoshi.
If you have ever left a water tap not completely closed, you probably noticed that water was dripping into it, and if you put a bowl under it, sooner or later it will be filled. Even though one-time payments on faucets are scanty, many advise not to neglect the opportunity to earn on them, because, with the right approach, faucets can bring a tangible profit with a minimum of effort.
There are plenty of sites offering free bitcoins. Unfortunately, most of them are not trustworthy, do not live long, or are simply overflowed with annoying flashing ads. However, there are some that work for many years, used by thousands of users and considered reliable.
Here is the list of them:

Freebitcoin

This faucet is probably the most well-known one. It was created in 2013 on the territory of the British Virgin Islands. Payouts are not fixed and vary for each claim. You can get cryptocurrency every hour, and for each claim you get from 0.00000030 to 0.03 BTC. In addition to the faucet, Freebitcoin allows you to earn in other ways — save interest on your deposit, play the lottery, invite new users via referral links.
It supports several withdrawal methods: you can set up automatic withdrawal every Sunday, slow withdrawal every 6–24 hours, or use the fastest instant withdrawal that takes 15 minutes. The last one, of course, has the highest fee.

Moon Bitcoin

Founded in 2015, the Moon Bitcoin has a certain user base and is considered by many to be one of the best faucets in existence.
There are many appealing bonus offers. For example, the site gives you a reward for consistency — if you enter a captcha at least once every day, you will accumulate a bonus +1% to earnings daily. Like most other faucets, Moon Bitcoin offers a bonus for bringing new users.
Earned funds are instantly transferred to the linked Coinpot wallet. The minimum withdrawal amount is 10,000 Satoshi if you agree to pay the fee. Or wait until it’s going to be over 50,000 Satoshi on your account and withdrawal money for free. It is worth saying that Coinpot has its own bonus program. For example, for one captcha entry, you get 3 Coinpot tokens that can also be converted to cryptocurrency.
There are also Moon faucets for Litecoin, Dash, Bitcoin Cash and DogeCoin. All payments are concentrated in one Coinpot account.

Bonus Bitcoin

Bonus Bitcoin is one of the oldest services and is considered one of the best bitcoin faucets. You can request a new portion of free coins every 15 minutes, getting an average of 10 Satoshi per claim. You can also gain more coins completing tasks in the offers and surveys section.
Users who regularly stay active for a number of days receive an additional 5% of their daily rewards. The site also gives 50% of all fees of users you invited using referral links.
Bonus Bitcoin accounts are also connected to Coinpot, a micro-earnings wallet that accumulates your payouts. The site also provides the opportunity to earn Litecoin and Dogecoin.

Bitfun

This is one more faucet associated with Coinpot wallet. Bitfun started its work in January 2017. In addition to the faucet itself, which allows you to request free Satoshi every 3 minutes, the site has a large number of browser games of various genres. Progress in these games gives you additional earnings. You can also earn coins by completing offers.
As with Bonus Bitcoin, the user receives 50% of the fees of their referrals.

Cointiply

The service was launched in 2018 and has become known as one of the best free bitcoin generators. There are several ways to claim Satoshi. In addition to the faucet, you can also earn bitcoins by watching videos, clicking on ads, and playing browser games.
Here you can make claims once every 12 hours and get a certain number of Coins to your account. Coins are the inner currency of this service, 10000 Coins worth 1$. It converted to Satoshi at the time of withdrawal.
Rewards can be collected at FaucetHub, another web wallet for micropayments, in this case, the withdrawal limit is 35,000 Coins. For amounts over 100,000 Coins, withdrawals can be made directly to your bitcoin wallet. Or you can keep Coins at the site and earn 5% interest.
Users can earn a loyalty bonus, by claiming rewards every day. Bringing another user via referral link gives you 25% of their claims and 10% of their offer earnings.

Pentafaucet

PentaFaucet is one of the oldest and most stable bitcoin faucets today. The main difference from similar websites is that the site uses double protection: captcha and anti-bot. You can collect from 5 to 25 Satoshi every 5 minutes. A reasonable amount of advertising and a simple interface make working with the faucet comfortable.
The faucet does not allow you to earn money from games, surveys, and other sponsorship services. In addition to the main method, it offers only a referral program, giving 10% from earnings of each new user.
Earned Satoshi are instantly transferred to the FaucetHub wallet. You can withdraw your funds from FaucetHub to your bitcoin wallet once a week on Sundays.

FireFaucet

FireFaucet is a multi-currency automatic faucet, perhaps the best of its kind. This resource allows you to earn 9 cryptocurrencies at the same time, as well as instantly withdraw the accumulated funds to the Faucet Hub.
The Auto Claim function allows for collecting currency automatically. You can change the number of currencies to get and the time between collections.
FireFaucet affords many different ways to earn money: in addition to the faucet itself, there are also offers, a referral system that gives 20% from newcomer’s income, and browser mining. FireFaucet also has its own unique level system: getting XP for various actions on the site and raising their level, users receive a reward in Satoshi.
As a pleasant addition, FireFaucet has a nice-looking design and does not use pop-up ads.

DailyFreeBits

This bitcoin faucet does not require registration. All you need is the public address of your BTC wallet. Users can claim Satoshi every hour, getting from 5 to 1200 each time.
At the moment DailyFreeBits is using the FaucetHub wallet we are already familiar with. The resource offers a referral reward. By inviting new users to the website, you can regularly receive 10% of their earnings.
These are probably the best bitcoin faucets at this point. Do not expect that you will earn loads of money just using faucets, but it is with no doubt an interesting and easy way to get a certain portion of free Satoshi and learn how the cryptocurrency and various wallets work.
Always be careful and study every site that is claimed to be a Bitcoin faucet with some scepticism. Always be critical of your choice and read reviews.
Original article was posted on https://stealthex.io/blog/2020/05/28/best-bitcoin-faucets/
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Mousecoin Network May 2020 Report

Mousecoin Network May 2020 Report

MAY 2020 UPDATE

The last month in the world of Mousecoin has been HUGE! There have been many changes, the addition of new awesome ways to earn MIC3 including our Faucets page and the Phoneum Games. We have also seen the launch of our Community Membership, which entitles each registered user to receive up to 200,000 MIC3 per month. We hope you are all keeping safe and are happy to provide you with our Mousecoin Network May 2020 Report.
MOUSECOIN IN GAMES!!
FINALLY, after months of negotiation and with the help of Phoneum, Mousecoin has partnered with Phoneum to be included in two of the most popular Phoneum crypto games currently available. We have added a new Games page, whiche features all the information and link for the games, with more to come. Here is the run down:

Crypto Treasures

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Crypto Treasures is a game, where players complete various quests, trivia and mini games to unlock Gold (in-game currency), Treasure Chests, Items, Collectibles, and various Crypto currencies, including the featured Mousecoin (MIC3).

Crypto Planet

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Visit a new type of planet, one that allows you to earn real cryptocurrencies while playing a beautiful and futuristic game. The main objective is to extract the valuable resources of the planet: Crystals. There is a special machine designed specifically to dig up the Crystals automatically and deliver them to you. All you have to do is activate the Digger and after 4 hours, it will have the resources ready to be claimed.
COMMUNITY MEMBERSHIP

Earn up to 200,000 MIC3 Per Month!

At the beginning of last month we began establishing our Community Membership which offers all registered Mousecoin Members a share of the rewards earned from the Community Fund just for being a member and following Mousecoin on all of our social media. As we come to the end of the first month we are currently in the process of checking all registrations and working out payments. We have also updated the profile page to include a Member News tab, Verified Notifications for each Social Media and a Monthly Payment History section. We are currently working on verifying all accounts registered before 1/6/2020, and should have all of these processed in the next few days, with all payment going out before the end of the week.

Become a part of the Mousecoin (MIC3) Community.Membership is FREE and it comes with HUGE bonuses!!

Our Community is important to us, it is the backbone of the Mousecoin Network. Every follow, like, interaction, comment and re-post of our content members of the Mousecoin Community do all helps us to grow awareness of Mousecoin, growing and strengthening our community. To show our appreciation for your loyalty we are rewarding every Mousecoin Member with a regular monthly payment of up to 200,000 MIC3 just for joining and remaining a member of our social media(s). To become a member all you need to do is complete the registration form below, making sure to become and stay a member on our social media(s) and start EARNING!!! Each of our social media accounts (listed below) that you follow entitles you to a portion of the potential 200,000 MIC3 you can earn each month. If you only follow on Twitter, you will only get 25,000 MIC3 per month, follow on 2 socials and get 50,000 MIC3, etc.
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TELEGRAM Become and stay a member of: https://t.me/Mousecoin_MIC3
Get 25,000 MIC3 PeMonth
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TELEGRAM ANNOUNCEMENTS Become and stay a member of: https://t.me/MousecoinOfficial
Get 25,000 MIC3 PeMonth
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DISCORD Become and stay a member of: https://discord.gg/yGTmuG6
Get 25,000 MIC3 PeMonth
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TWITTER Become and stay a member of: https://twitter.com/MIC3_Official
Get 25,000 MIC3 PeMonth
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FACEBOOK Like and Follow: https://www.facebook.com/MousecoinOfficial/
Get 25,000 MIC3 PeMonth
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REDDIT Become and stay a member of: https://www.reddit.com/useMicmouse
Get 25,000 MIC3 PeMonth
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MEDIUM Become and stay a member of: https://medium.com/@mousecoin
Get 25,000 MIC3 PeMonth
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INSTAGRAM Become and stay a member of: https://www.instagram.com/mousecoin/
Get 25,000 MIC3 PeMonth
PLEASE NOTE: You must register before the 1st of each month in order to qualify for the previous months payment. All payments will be processed in the first week of the following month, once the accounts have been verified. You can check the process of you social account verification’s, as well as your monthly payment status on your account page. You must remain a member of the social media to receive the reward.
For anyone that isn’t already a member, you can find all of the information on our Community Member Registration Page https://mousecoin.network/members/registe
WALLETS, SETUP GUIDES & SNAPSHOTS
Just a reminder for the community and also for any new members, we have added a Wallet Setup Guides page, which takes any first time user of Mousecoin step-by-step through the process of installing their Mousecoin wallet and getting it online. The guide uses the latest blockchain snapshot found on the Wallet Downloads Page in the example explanation meaning that all new members of the Mousecoin community will be able to get their wallets online faster as the sync time should be minimal. We will be updating the blockchain snapshot at least once every month to ensure that people have access to the most up to date blockchain info. The latest blockchain snapshot was performed on the 1st June 2020.
The wallet version is currenty V1.0.0.0, with future releases of the Mousecoin wallet coming soon
If you are new to crypto currency or just after a bit of guidance setting up the Mousecoin wallet, check out our Wallet Setup Guides
📷 Windows
📷 Raspberry Pi
📷Wallet & Blockchain Snapshot Download (UPDATED 01-06-2020)
POS & STAKING
In the last month we asked the community if they would be interested in being a part of a Community Staking Pool. After investigations into this finding security flaws in most platforms, as well as the lack of interest from members of the community we have decided to not go ahead with the Community Staking Pool. While we understand that there are members of the Mousecoin Community that are unable to stake themselves for whatever reason, and that there are a number of staking platforms that offer pool staking for MIC3 to help these people stake, we will not officially be supporting any staking platforms. We ask all Community members using these or thinking about using these to keep in mind that any MIC3 hosted on these platforms is not in their wallets, and therefore not controlled by them. Do proper investigations into any platform that you use for this as there is always the possibility of loss. We encourage all members of the Mousecoin Community to stake from their own wallet (where possible) as this helps us to secure the network. If you need help setting up your wallet, go to our Wallet Setup Guides page for step-by-step guides on setting up your Mousecoin wallet.
MOUSECOIN FAUCETS
We have updated the Mousecoin (MIC3) Faucets Page:
To make things clearer and we will be adding more faucets soon!
EXCHANGES
Last month we saw the edition of the USDT/MIC3 pair to nanu exchange. In our efforts to increase exposure of Mousecoin, we are still attempting to list on both ATAIX and Unnamed.Exhchange.
ATAIX We have risen to 18th position in the voting list on ATAIX, but we still need your votes. Remember you can vote every 24 hours for this listing, and you can share in 125,000,000 MIC3
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Unnamed.Exhchange The exchange listing for Unnamed.Exhchange is 0.05 BTC. For anyone unfamiliar with the exchange there are two ways that you can donate to the listing:
1. If you are already a member of, or wish to be a member of Unnamed.Exhchange (and why wouldn’t you), you can put funds towards our listing by tipping us through the trollbox (Mousecoins). If you wish to be a member of Unnamed.Exhchange, you can register here: https://www.unnamed.exchange/Login/Register
2. You can also donate to the listing fee through the following addresses: BTC – bc1qmaqzhfqcw0urva0rtgfz5qvq4rw7kdnp6j7754 LTC – ltc1qc775eeftdde2jrevnyukrd2w9853jy5gmtv6rn DOGE – DEnBpriaFnKiNeBv6Q7MVxMg5hLv5urQFg UTIP – AUTyu2JhGAaCkM3KAmeBopto2bNBchNJfE
If you would like to donate in another crypto available on Unnamed.Exhchange, we have opened up the chat on the Discord channel HERE to assist with this. Please request the address and we will provide it for you. ANY AND ALL DONATIONS ARE WELCOME!! This is a good exchange and getting a listing her should help lift the profile of MIC3.
We will be reporting balances to the discord channel https://discord.gg/cYuA8FA
COMMUNITY FUND
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In the last month the Community Fund has undergone a huge amount of change. We have completely moved all of our remaining balances away from 4Stake, with the MIC3 going to the Community Fund MIC3 account and the remaining crypto’s towards out listing on Unnamed.Exhchange. The Community Fund page on the website has also been updated to reflect all of the changes. It is an exciting time for the Community Fund as we have now reached a balance that will sustain itself. This is why we have introduced the Community Member payment, and are able to sustain the faucets we have on https://erex.io/freecoin/ and in the Phoneum Games. There is still more to come!
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UPDATED MOUSECOIN EXCHANGES

📷 📷📷 📷📷📷📷
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📷📷📷📷

📷📷📷📷📷📷📷 📷 📷📷

UPDATED MOUSECOIN LINKS

GENERAL: Wallets https://mousecoin.network/mousecoin-wallets/ Explorer https://mousecoin.network/explore Github https://github.com/trapier21/mic3-master About Staking https://mousecoin.network/mousecoin-wallets/staking-mousecoin/
NEWS/UPDATES: BitcoinTalk https://bitcointalk.org/index.php?topic=5081656.0 Discord https://discord.gg/yGTmuG6 Telegram Mousecoin Official News https://t.me/MousecoinOfficial Twitter https://twitter.com/CoinMic3 Medium https://medium.com/@mousecoin
COMMUNITY FUND: Telegram https://t.me/MIC3CommunityFund Facebook https://www.facebook.com/MousecoinCommunityFund/
SUPPORT: Discord https://discord.gg/bD4zKCC Mousecoin English https://t.me/Mousecoin\_ENG
FACEBOOK: Mousecoin English https://www.facebook.com/MousecoinOfficial/ Mousecoin Portuguese https://www.facebook.com/Mousecoin-Mic3-Portuguese-100360761416673
TELEGRAM: Mousecoin English https://t.me/Mousecoin\_ENG Mousecoin Portuguese https://t.me/MIC3Portuguese Mousecoin Russian https://t.me/MIC3Russian Mousecoin Korean https://t.me/MIC3Korean Mousecoin Spanish https://t.me/MIC3Spanish Mousecoin Australia https://t.me/MIC3\_Australia

LET’S GROW OUR COMMUNITY!

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Most Common Beer Money Sites: DO NOT Create Threads Promoting These

SwagBucks [International*]

This is one of the oldest, most well known GPT (Get-Paid-To) sites. They have plenty to offer, so you shouldn't get too bored. You can earn bonus points for meeting your daily goals, and you can earn up to 300 points ($3) for meeting your goal each day. They have one of the largest selections of rewards available, so you should easily find something you like. — Payment Proof. / Is it available in my country?
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Get a 300SB ($3) bonus if you sign up through the link above and earn 300SB in your first 30 days. Points are awarded the next day after reaching 300SB.
↪ Use signup code REDDIT for a free 70SB bonus for new users. Click “I have a sign up code (optional)” which is underneath the “Confirm Password” Box.
AFTER signing up you can also earn an extra 50SB by installing the Swagbutton on your laptop or desktop through this link. It notifies you when there are new codes for free SB, automatically gives you cashback on sites like Amazon etc..
↪ Age minimum: 13
↪ Offers: Mobile and Desktop Videos, Surveys, Polls, Offer Walls, Tasks, Special offers, Coupons, Games, Search bar, Limited Time Codes, Download offers, Cash Back from Shopping, Swago (like Bingo) and more.
↪ Payout: [Minimum: $3] Amazon, PayPal, Prepaid VISA, Wal-Mart, PSN, Xbox, Sweepstakes, Charity and many more.
TIPS:
‌• Earn up to 300 SB ($3) for meeting your goals for 7, 14, 21 and 30 days in a row.
• Once a month you can redeem a $25 gift card for 12% off.
• Make up to 10 Swagbucks easily each day by playing games in the Play category.
• Check out /swagbucks and the discord after signing up for up to date info about the best paying offers.
 

GAIN [US, GB, IE, SE, DE, CA, NL, NO, AU, BE, ES, FR, DK, IT, RU, SG and MY]

Gain is a high paying GPT site that allows you to complete offers, watch videos, complete surveys and more to earn coins. Gain operates in many countries. New users can start out with 100 coins by using this link. — Payment Proof.
↪ Withdrawal options include BTC, ETH, LTC, BCH, CSGOSHOP, Coinbase. Gift cards (through Tango/Rewardlink) also available in certain countries only.
Free daily bonus coins from 10-100 depending on your user level, claim them every 24h on the Gain offerwall
↪ Age minimum: 13+
↪ No screwy point to dollar conversion ratios. 1,000 coins = $1.
↪ Active, friendly and easily accessible support
↪ Earn extra coins for being one of the top 3 earners each day and each month.
TIPS:
• Referral Incentive: New users get 100 coins ($0.10). Referring users get 5% of the referred users earnings.
• Click on the PayPal Guide link after signing up to learn how to easily convert your earnings from Crypto>PayPal with CoinBase.
5% Earning Bonus: Sign up to the site with your Steam account and add gain.gg to the end of your steam username to earn a 5% bonus on your earnings.
Offers over 4000 coins are automatically held, message Support Chat (click Support on the top right of the chat box) to have the coins released for you.
 

GG2U.org [International*] $0.25 PROMO CODE:GAMINGISFUN

GG2U is a GPT (Get-Paid-To) site. The website is a bit outdated looking, and it can feel clunky at times, but don't let that fool you. It has some of the highest paying rates, and has a few unique offer walls and plenty of survey routers that you rarely see on other sites. The customer support is great as well. The owner responds pretty quickly and is always willing to help out. This site is focused on gamers and has some gaming tasks, but there are plenty of things to do for non-gamers as well. — Payment Proof.
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Age minimum: 13
↪ Offers: Surveys, Offer Walls, Tasks, Videos, Gaming Tasks, and Promotional Link Shortener.
↪ Get paid for listening to the radio (US, CA, UK)
↪ Payout: [Minimum: $7] PayPal, BTC to Coinbase, Amazon, Best Buy, GameStop, Google Play, iTunes, Nintendo eShop, Playstation GC, Steam, Target, Walmart, Xbox GC
↪ Referral Incentive: The referring user earns 5% for life.
TIPS:
• For every 5 cash out requests, you get a Golden Token which will give you $1-7. This results in an average 7.8% higher payments if cashing out at the minimum each time.
• If you contact support, you can request to have your payouts issued at the minimum cashout amount rather than for your full balance. This will let you make the most out of the Golden Tickets.
 

PrizeRebel [International*]

PrizeRebel is a GPT (Get-Paid-To) site. They have many offer walls and survey providers available. You can earn bonus points for meeting your daily goals, and they have bi-monthly contests that reward the top earners. They also have a Level program that allows you to earn a bigger percentage from your referrals, prize discounts, special bonuses, and automatic prize processing. Level up by earning more points. — Payment Proof.
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Age minimum: 16
↪ Offers: Surveys, Offer Walls, Tasks, Videos, Coupons, and Earning Contests.
↪ Payout: [Minimum: $2] Amazon, PayPal, VISA, Wal-Mart, Best Buy, Raffles and many more.
↪ Referral Incentive: 15-30% of what your referrals earn for life.
TIPS:
• Meet your daily goal each day to earn bonus points.
 

Fetch Rewards Invite Code: V3DVK [US, Puerto Rico]

Fetch is an app available for both Android and iOS where users earn money for scanning receipts and for purchasing specific products or brands. You get points for every receipt from a grocery retailer, supermarket, club wholesaler, home improvement/hardware store, pet store or convenience stores, regardless of what you buy. You can get additional points for purchasing specific products or specific brands. Receipts cannot be more than 2 weeks old. It can also be set it up to passively collect e-receipts. — Payment Proof.
↪ Age minimum: Age of majority in your jurisdiction (Usually this is 18).
↪ Offers: Cash back for scanning receipts and buying specific products or brands.
↪ Payout: [Minimum $3] Amazon, Target, Best Buy, Xbox, Applebee's and many more.
↪ Referral Incentive: Both the referrer and the referred user get $2-5 when they scan their first receipt. The exact amount varies depending on the current promotion. This is close to or above the minimum cash out amount.
TIPS:
• Make sure to check for rebates on any items you regularly stock up on.
• You don’t need to add rebates before purchasing items.
 

Ibotta [US, Puerto Rico]

Ibotta is an app available for both Android and iOS that gives cash back for shopping at Ibotta's retail and then scanning your receipts to prove what purchases were made. They currently support around 160 stores. Most offers are for newer brands, but they often have well-known names such as Glade or Kraft. They also regularly have cash back deals for "any item" or "any brand". You can also get cash back for shopping on sites such as Amazon and various services such as meal delivery. — Payment Proof.
↪ Age minimum: 18
↪ Offers: Cash back.
↪ Payout: [Minimum $20] Paypal, Venmo, Amazon, BestBuy, Starbucks and many more.
↪ Referral: Referred users get a $20 Welcome Bonus after redeeming their first brand name receipt. Referring users get $5 for each referred user who receives their welcome bonus. They also often run bonuses for referring a certain number of users during the month.
TIPS::
• Always check for the "Any Item" rebate before scanning a receipt.
• Check your account for bonuses. They often have bonuses for redeeming certain groups of rebates or for redeeming a certain number of rebates within a time limit.
• You can link your Facebook account in order to participate in teamwork bonuses with friends.
 

Hideout.TV [International*]

Earn for watching videos with advertisements. All you have to do is create an account, log in, visit the Rewards page, choose a loyalty rewards partner, and then start watching. You can then transfer and redeem your credits via the partner's platform.
*The site is International but currently limited to United States, United Kingdom, Canada, Australia, New Zealand, Netherlands, Germany, Norway, Ireland, Denmark, Sweden,Romania, Portugal, Poland, Malta, Latvia, Luxembourg, Lithuania, Italy, Hungary, Croatia, Greece, France, Finland, Spain, Estonia, Cyprus, Bulgaria, Belgium, Austria, India. Ukraine, Uruguay, Brazil, Mexico, Japan, Taiwan, Hong Kong, Singapore, Colombia, Malaysia, Thailand, Ecuador, Peru, United Arab Emirates, Phillipines.
↪ At the Promo Center, you can also earn points by taking surveys, downloading apps, trying products, and more!
↪ Hideout is currently limited to only one account/device per household.
↪ Hideout credits are worth different amounts depending on which site you transfer them to. Shop around to see which site/loyalty partner offers the best all around value for you.
↪ Age minimum: 13
↪ Payout: You need to have earned at least 9 points to redeem/transfer and can only do 3 transfers per day.
TIPS:
‌• Earn daily free rewards points by watching at least one video and then going to any video on Hideout.tv, and clicking on the "Rewards" button. You'll then see a filled-in, one-use promo code.
• Hideout frequently posts promo codes on their Facebook so check often because they have limited uses.
 

Amazon Mechanical Turk [International*]

Mturk is a platform that allows clients to post a large number of jobs. It is a bit more professional than the typical /beermoney site. You work for "requesters" and they can approve or reject your submitted tasks, also known as HITs. You can earn a lot more money on this site than other typical /beermoney sites, but you need to pay attention to which jobs you accept. Not all HITs pay well. They do require some sensitive information from you for tax purposes. Not everyone gets approved to work here, and some people will be approved months or years after being rejected. — Payment Proof.
*This site is international, but most of the tasks are only available for the USA. International users can only redeem Amazon.com balance.
↪ Age minimum: 18
↪ Offers: A large number of tasks including Surveys, Transcription, Translation, Website Testing, Data Entry and much more.
↪ Payout: [Minimum $0.01] Amazon.com Balance and Amazon Payments Balance. Amazon Payments Balance can be transferred to a bank account.
Note: All Amazon Balance is for the USA Amazon.com website regardless of your country.
↪ Referral Incentive: None
TIPS:
• Only do HITs that pay at least 10¢/minute. This gives you a rate of $6/hour. Mturk crowd forum and /hitsworthturkingfor are good places to check for higher paying HITs.
• It is better to return a HIT than to submit to if you are unsure whether the requester will approve it. Returning a HIT will not negatively affect you, but a rejection will.
Scripts are allowed and encouraged. Checked /mturk for more tips and suggestions.
 

UserTesting [International*]

UserTesting is a usability testing site. You get paid to record your screen and speak aloud while performing a number of specified tasks. These tasks are generally related to testing a website or an app, but some tests may have you complete a survey, play a game, test new software, etc. At the start you may receive $3 sample tests, but after a while you will see $10 unmoderated tests. Moderated tests start at $30 per test, and usually require you to have a webcam. Payment arrives via PayPal exactly 7 days after your test is completed. — Payment Proof.
*The site is International, but most earning opportunities are for US, UK, CA and AU.
↪ Age minimum: 18
↪ Offers: Usability testing
↪ Payout: [Minimum: None] PayPal
↪ Referral Incentive: None.
TIPS:
• Completing the unpaid surveys at the top may qualify you for additional tests.
• Make sure to follow instructions carefully, keep talking, and be professional. Keeping a high quality rating is essential if you want to receive plenty of tests.
 

GetUpside [USA - Select states*]

GetUpside is an app available on both Android and iOS that gives you cash back on gas, groceries and restaurants. You can get up to $0.25 per gallon of gas (or up to $0.50 per gallon twice per day), 15% on groceries, and 35% at restaurants. Some gas stations offer cash back on convenience store purchases, car washes, inspections, oil changes, etc. GetUpside also gives you a map of all the participating gas stations in your area, and you can get additional points for confirming or fixing the prices.
↪ Age Minimum: 13
↪ Offers: Cashback on gas, groceries and restaurants.
↪ Payout: PayPal ($1 fee if under $15), Check ($1 fee if under $50), Amazon, Home Depot, Target, and many more. [GC Minimum: $10]
↪ Referral Incentive: The referred user gets $0.15-$0.20 off per gallon of gas on their first purchase. The referring user gets $0.01-$0.02 per gallon from direct referrals, and $0.005-$0.01 per gallon for indirect referrals for life. Amount varies per person. As of 05/18/20 (not sure how long it will last) new users who sign up with the link above get a $7-$14(varies per person) bonus if they buy at least $10 worth of gas.
TIPS:
‌• You must make your purchase with a debit or credit card. Cash, prepaid cards, gift cards, and EBT are not eligible forms of payment.
• You only have 4 hours to make your gas or restaurant purchase after claiming the offer. Grocery offers have 24 hours. All receipts must be scanned within 24 hours from when you claim the offer.
 

Cash Back From Shopping Online

These sites give cash back on your online purchases. Online purchases require you to click their affiliate link prior to shopping. Ebates US has in-store offers as well. In-store purchases require you to link a debit/credit card and to active the offer prior to shopping. Most of these sites are International, but your shopping opportunities may be limited, and you will only get paid in the associated currency. — Ebates Payment Proof.
 
TIPS:
• Make sure to click on the "Shop Now" or “Get Cashback” button before adding items to your cart. Otherwise, your shopping trip may not count.
• You can only use one shopping portal per shopping trip. Attempting to use more than one may cause problems crediting your account.
• Disable any ad blockers while shopping.
• For US Users: Sometimes you can earn more cash back on Ebates or TopCashBack than the other for a particular store. Check both sites if you want to get the most cash back for each purchase.
For TopCashBack UK Users: New users are automatically enrolled into the Plus membership. Downgrade to the Classic membership to avoid being charged £5/year.
 
Rakuten (Ebates) US TopCashBack US Rakuten (Ebates) Canada Ebates KR Rebates JP TopCashBack UK TopCashBack IN TopCashBack 中文
Age 18 18? 18 18 18 18 ? ?
Payout Minimum $5.01 $0.01 $5.01 CAD KRW 5,001 ? £0.01 ₹0.01 $0.01
Payout Types Check, PayPal VISA, PayPal, ACH, Gift Cards Check, PayPal Bank, PayPal, Naver Pay ? Master Card, PayPal, BACS, Gift Cards, British Airways Amazon Pay, NEFT, Paytm PayPal, Amazon, UnionPay
New User Bonus $10 $10 $5 CAD KRW 5,000 ? ? ₹100 ?
Referral Incentive $25 $10 $10 CAD KRW 5,000 ? £5.00 ₹200 $10
Some information is missing due to translation difficulties and signup problems. Please let us know if you know any of this missing information.
 
 

Sites to Avoid: Definitely DO NOT post these.

Earnsanity — Shady owner, sketchy site. Held giveaway and then refunded the prizes after it was over. History of scamming many others. AVOID AT ALL COSTS UNLESS YOU WANT TO BE SCAMMED.
Paidverts — Shady owner, sketchy site. Keeps doing debt swaps (cash to BAP). Do not post.
Neobux — It isn’t really a scam, but they operate as a pyramid scheme. There’s money to be made online, but it’s definitely not there.
MarketGlory — It does pay out, but the pay is absolutely ridiculous. The only way to make a decent amount of money is to have a lot of referrals, and referral whoring on this subreddit WILL result in a permanent ban.
MindSumo — Not actually a /beermoney site. It’s only spam in this sub.
G2A — Scam/sells stolen keys.
Robinhood — This is spammed on our sub constantly.
Quickthoughts — Many reports of people being banned when trying to withdraw as of 10/2018. Do your due diligence before possibly wasting your time on this app.
Sites with $100+ minimum — These sites usually offer higher than normal payments for simple tasks, with a high minimum to cash out. They are always scams.
Generic news sites that pay you ridiculous amounts to read an article (two euros??) — Common sense should take care of this, but in case it doesn’t, it’s always a scam. The site is usually hosted somewhere in Eastern Europe, and you will never get paid.
Free bitcoin sites/"faucets" (THIS INCLUDES QOINPRO) — This is not referring to those video-viewing/task sites (although they’re still paying fragments of a penny). I’m talking about sites that give you 0.000001BTC to fill a captcha (freebitco.in, dailybitcoins). Admittedly many beermoney sites pay low, but don’t even bother with these.
Also: Bitcoin mining is NO LONGER PROFITABLE. If you're really so keen on getting bitcoins, doing so through an exchange is your best option.
Here are a few more scam sites and sketchy sites.
 
 
Please note that presence on this post does not imply that /beermoney or its moderators endorse the site or their views, actions, or policies. This list simply contains sites that are used by a large number of our users or are frequently mentioned on our subreddit.
We frequently monitor data from all the sites on this list from various sources to ensure that users are able and interested in utilizing them and if they do, that they also are getting paid promptly and fairly for all work they do. We make adjustments to this list and the order of sites accordingly based on all the data we receive.
 
Please make sure you follow the Rules of our subreddit and if you ever have any questions about anything beermoney related, please take a look at our extensive FAQ which should answer almost any question you might have.
submitted by beermoneymods to beermoney [link] [comments]

About 6 faucets with no ads and low minimum withdrawal

This is a list with a few tested faucets that definitely work.
The faucets work with a popular chat program called Telegram. Telegram is available for free on the appstore and playstore. https://telegram.org/
These faucets have no ads, no popups, almost no captchas.
Instead, advertisers pay you to view their channel, watch a post, or talk with a bot. These tasks are dirt-simple and take no more than a few seconds (not even joking).
Simply follow the links below and the faucet will automatically open.
Dogeclickbot
https://t.me/Dogecoin_click_bot?start=HpPz
Bcashclickbot
https://t.me/BCH_clickbot?start=seQ2
Ltcclickbot
https://t.me/Litecoin_click_bot?start=MZme
Zcashclickbot
https://t.me/Zcash_click_bot?start=Hiyp
Btcclickbot
https://t.me/BitcoinClick_bot?start=uKWo
Newrichbot
http://t.me/ReMuchCryptoBot?start=523856309
After opening follow instructions and the faucet will set everything up for you.
Good luck!
submitted by joris to beercoins [link] [comments]

About 6 free sites to get free crypto fast.

This is a list with a few tested faucets that definitely work.
The faucets work with a popular chat program called Telegram. Telegram is available for free on the appstore and playstore. https://telegram.org/
These faucets have no ads, no popups, almost no captchas.
Instead, advertisers pay you to view their channel, watch a post, or talk with a bot. These tasks are dirt-simple and take no more than a few seconds (not even joking).
Simply follow the links below and the faucet will automatically open.
Dogeclickbot
https://t.me/Dogecoin_click_bot?start=HpPz
Bcashclickbot
https://t.me/BCH_clickbot?start=seQ2
Ltcclickbot
https://t.me/Litecoin_click_bot?start=MZme
Zcashclickbot
https://t.me/Zcash_click_bot?start=Hiyp
Btcclickbot
https://t.me/BitcoinClick_bot?start=uKWo
Newrichbot
http://t.me/ReMuchCryptoBot?start=523856309
After opening follow instructions and the faucet will set everything up for you.
Good luck!
submitted by joris to clicksforbeermoney [link] [comments]

⚡ Lightning Network Megathread ⚡

Last updated 2018-01-29
This post is a collaboration with the Bitcoin community to create a one-stop source for Lightning Network information.
There are still questions in the FAQ that are unanswered, if you know the answer and can provide a source please do so!

⚡What is the Lightning Network? ⚡

Explanations:

Image Explanations:

Specifications / White Papers

Videos

Lightning Network Experts on Reddit

  • starkbot - (Elizabeth Stark - Lightning Labs)
  • roasbeef - (Olaoluwa Osuntokun - Lightning Labs)
  • stile65 - (Alex Akselrod - Lightning Labs)
  • cfromknecht - (Conner Fromknecht - Lightning Labs)
  • RustyReddit - (Rusty Russell - Blockstream)
  • cdecker - (Christian Decker - Blockstream)
  • Dryja - (Tadge Dryja - Digital Currency Initiative)
  • josephpoon - (Joseph Poon)
  • fdrn - (Fabrice Drouin - ACINQ )
  • pmpadiou - (Pierre-Marie Padiou - ACINQ)

Lightning Network Experts on Twitter

  • @starkness - (Elizabeth Stark - Lightning Labs)
  • @roasbeef - (Olaoluwa Osuntokun - Lightning Labs)
  • @stile65 - (Alex Akselrod - Lightning Labs)
  • @bitconner - (Conner Fromknecht - Lightning Labs)
  • @johanth - (Johan Halseth - Lightning Labs)
  • @bvu - (Bryan Vu - Lightning Labs)
  • @rusty_twit - (Rusty Russell - Blockstream)
  • @snyke - (Christian Decker - Blockstream)
  • @JackMallers - (Jack Mallers - Zap)
  • @tdryja - (Tadge Dryja - Digital Currency Initiative)
  • @jcp - (Joseph Poon)
  • @alexbosworth - (Alex Bosworth - yalls.org)

Medium Posts

Learning Resources

Books

Desktop Interfaces

Web Interfaces

Tutorials and resources

Lightning on Testnet

Lightning Wallets

Place a testnet transaction

Altcoin Trading using Lightning

  • ZigZag - Disclaimer You must trust ZigZag to send to Target Address

Lightning on Mainnet

Warning - Testing should be done on Testnet

Atomic Swaps

Developer Documentation and Resources

Lightning implementations

  • LND - Lightning Network Daemon (Golang)
  • eclair - A Scala implementation of the Lightning Network (Scala)
  • c-lightning - A Lightning Network implementation in C
  • lit - Lightning Network node software (Golang)
  • lightning-onion - Onion Routed Micropayments for the Lightning Network (Golang)
  • lightning-integration - Lightning Integration Testing Framework
  • ptarmigan - C++ BOLT-Compliant Lightning Network Implementation [Incomplete]

Libraries

Lightning Network Visualizers/Explorers

Testnet

Mainnet

Payment Processors

  • BTCPay - Next stable version will include Lightning Network

Community

Slack

IRC

Slack Channel

Discord Channel

Miscellaneous

⚡ Lightning FAQs ⚡

If you can answer please PM me and include source if possible. Feel free to help keep these answers up to date and as brief but correct as possible
Is Lightning Bitcoin?
Yes. You pick a peer and after some setup, create a bitcoin transaction to fund the lightning channel; it’ll then take another transaction to close it and release your funds. You and your peer always hold a bitcoin transaction to get your funds whenever you want: just broadcast to the blockchain like normal. In other words, you and your peer create a shared account, and then use Lightning to securely negotiate who gets how much from that shared account, without waiting for the bitcoin blockchain.
Is the Lightning Network open source?
Yes, Lightning is open source. Anyone can review the code (in the same way as the bitcoin code)
Who owns and controls the Lightning Network?
Similar to the bitcoin network, no one will ever own or control the Lightning Network. The code is open source and free for anyone to download and review. Anyone can run a node and be part of the network.
I’ve heard that Lightning transactions are happening “off-chain”…Does that mean that my bitcoin will be removed from the blockchain?
No, your bitcoin will never leave the blockchain. Instead your bitcoin will be held in a multi-signature address as long as your channel stays open. When the channel is closed; the final transaction will be added to the blockchain. “Off-chain” is not a perfect term, but it is used due to the fact that the transfer of ownership is no longer reflected on the blockchain until the channel is closed.
Do I need a constant connection to run a lightning node?
Not necessarily,
Example: A and B have a channel. 1 BTC each. A sends B 0.5 BTC. B sends back 0.25 BTC. Balance should be A = 0.75, B = 1.25. If A gets disconnected, B can publish the first Tx where the balance was A = 0.5 and B = 1.5. If the node B does in fact attempt to cheat by publishing an old state (such as the A=0.5 and B=1.5 state), this cheat can then be detected on-chain and used to steal the cheaters funds, i.e., A can see the closing transaction, notice it's an old one and grab all funds in the channel (A=2, B=0). The time that A has in order to react to the cheating counterparty is given by the CheckLockTimeVerify (CLTV) in the cheating transaction, which is adjustable. So if A foresees that it'll be able to check in about once every 24 hours it'll require that the CLTV is at least that large, if it's once a week then that's fine too. You definitely do not need to be online and watching the chain 24/7, just make sure to check in once in a while before the CLTV expires. Alternatively you can outsource the watch duties, in order to keep the CLTV timeouts low. This can be achieved both with trusted third parties or untrusted ones (watchtowers). In the case of a unilateral close, e.g., you just go offline and never come back, the other endpoint will have to wait for that timeout to expire to get its funds back. So peers might not accept channels with extremely high CLTV timeouts. -- Source
What Are Lightning’s Advantages?
Tiny payments are possible: since fees are proportional to the payment amount, you can pay a fraction of a cent; accounting is even done in thousandths of a satoshi. Payments are settled instantly: the money is sent in the time it takes to cross the network to your destination and back, typically a fraction of a second.
Does Lightning require Segregated Witness?
Yes, but not in theory. You could make a poorer lightning network without it, which has higher risks when establishing channels (you might have to wait a month if things go wrong!), has limited channel lifetime, longer minimum payment expiry times on each hop, is less efficient and has less robust outsourcing. The entire spec as written today assumes segregated witness, as it solves all these problems.
Can I Send Funds From Lightning to a Normal Bitcoin Address?
No, for now. For the first version of the protocol, if you wanted to send a normal bitcoin transaction using your channel, you have to close it, send the funds, then reopen the channel (3 transactions). In future versions, you and your peer would agree to spend out of your lightning channel funds just like a normal bitcoin payment, allowing you to use your lightning wallet like a normal bitcoin wallet.
Can I Make Money Running a Lightning Node?
Not really. Anyone can set up a node, and so it’s a race to the bottom on fees. In practice, we may see the network use a nominal fee and not change very much, which only provides an incremental incentive to route on a node you’re going to use yourself, and not enough to run one merely for fees. Having clients use criteria other than fees (e.g. randomness, diversity) in route selection will also help this.
What is the release date for Lightning on Mainnet?
Lightning is already being tested on the Mainnet Twitter Link but as for a specific date, Jameson Lopp says it best
Would there be any KYC/AML issues with certain nodes?
Nope, because there is no custody ever involved. It's just like forwarding packets. -- Source
What is the delay time for the recipient of a transaction receiving confirmation?
Furthermore, the Lightning Network scales not with the transaction throughput of the underlying blockchain, but with modern data processing and latency limits - payments can be made nearly as quickly as packets can be sent. -- Source
How does the lightning network prevent centralization?
Bitcoin Stack Exchange Answer
What are Channel Factories and how do they work?
Bitcoin Stack Exchange Answer
How does the Lightning network work in simple terms?
Bitcoin Stack Exchange Answer
How are paths found in Lightning Network?
Bitcoin Stack Exchange Answer
How would the lightning network work between exchanges?
Each exchange will get to decide and need to implement the software into their system, but some ideas have been outlined here: Google Doc - Lightning Exchanges
Note that by virtue of the usual benefits of cost-less, instantaneous transactions, lightning will make arbitrage between exchanges much more efficient and thus lead to consistent pricing across exchange that adopt it. -- Source
How do lightning nodes find other lightning nodes?
Stack Exchange Answer
Does every user need to store the state of the complete Lightning Network?
According to Rusty's calculations we should be able to store 1 million nodes in about 100 MB, so that should work even for mobile phones. Beyond that we have some proposals ready to lighten the load on endpoints, but we'll cross that bridge when we get there. -- Source
Would I need to download the complete state every time I open the App and make a payment?
No you'd remember the information from the last time you started the app and only sync the differences. This is not yet implemented, but it shouldn't be too hard to get a preliminary protocol working if that turns out to be a problem. -- Source
What needs to happen for the Lightning Network to be deployed and what can I do as a user to help?
Lightning is based on participants in the network running lightning node software that enables them to interact with other nodes. This does not require being a full bitcoin node, but you will have to run "lnd", "eclair", or one of the other node softwares listed above.
All lightning wallets have node software integrated into them, because that is necessary to create payment channels and conduct payments on the network, but you can also intentionally run lnd or similar for public benefit - e.g. you can hold open payment channels or channels with higher volume, than you need for your own transactions. You would be compensated in modest fees by those who transact across your node with multi-hop payments. -- Source
Is there anyway for someone who isn't a developer to meaningfully contribute?
Sure, you can help write up educational material. You can learn and read more about the tech at http://dev.lightning.community/resources. You can test the various desktop and mobile apps out there (Lightning Desktop, Zap, Eclair apps). -- Source
Do I need to be a miner to be a Lightning Network node?
No -- Source
Do I need to run a full Bitcoin node to run a lightning node?
lit doesn't depend on having your own full node -- it automatically connects to full nodes on the network. -- Source
LND uses a light client mode, so it doesn't require a full node. The name of the light client it uses is called neutrino
How does the lightning network stop "Cheating" (Someone broadcasting an old transaction)?
Upon opening a channel, the two endpoints first agree on a reserve value, below which the channel balance may not drop. This is to make sure that both endpoints always have some skin in the game as rustyreddit puts it :-)
For a cheat to become worth it, the opponent has to be absolutely sure that you cannot retaliate against him during the timeout. So he has to make sure you never ever get network connectivity during that time. Having someone else also watching for channel closures and notifying you, or releasing a canned retaliation, makes this even harder for the attacker. This is because if he misjudged you being truly offline you can retaliate by grabbing all of its funds. Spotty connections, DDoS, and similar will not provide the attacker the necessary guarantees to make cheating worthwhile. Any form of uncertainty about your online status acts as a deterrent to the other endpoint. -- Source
How many times would someone need to open and close their lightning channels?
You typically want to have more than one channel open at any given time for redundancy's sake. And we imagine open and close will probably be automated for the most part. In fact we already have a feature in LND called autopilot that can automatically open channels for a user.
Frequency will depend whether the funds are needed on-chain or more useful on LN. -- Source
Will the lightning network reduce BTC Liquidity due to "locking-up" funds in channels?
Stack Exchange Answer
Can the Lightning Network work on any other cryptocurrency? How?
Stack Exchange Answer
When setting up a Lightning Network Node are fees set for the entire node, or each channel when opened?
You don't really set up a "node" in the sense that anyone with more than one channel can automatically be a node and route payments. Fees on LN can be set by the node, and can change dynamically on the network. -- Source
Can Lightning routing fees be changed dynamically, without closing channels?
Yes but it has to be implemented in the Lightning software being used. -- Source
How can you make sure that there will be routes with large enough balances to handle transactions?
You won't have to do anything. With autopilot enabled, it'll automatically open and close channels based on the availability of the network. -- Source
How does the Lightning Network stop flooding nodes (DDoS) with micro transactions? Is this even an issue?
Stack Exchange Answer

Unanswered Questions

How do on-chain fees work when opening and closing channels? Who pays the fee?
How does the Lightning Network work for mobile users?
What are the best practices for securing a lightning node?
What is a lightning "hub"?
How does lightning handle cross chain (Atomic) swaps?

Special Thanks and Notes

  • Many links found from awesome-lightning-network github
  • Everyone who submitted a question or concern!
  • I'm continuing to format for an easier Mobile experience!
submitted by codedaway to Bitcoin [link] [comments]

FAQ & Daily General Discussion - January 3th, 2018

FAQ below, daily discussion in the comments! /RaiTrade for all price and trading related posts
Welcome!
As only 2 stickied threads are possible, we have decided to combine the "Are you new here" and the daily discussion thread. XRB is attracting more and more people, both veterans and newbies in the cryptoworld. As XRB is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read this post first and use the search bar! Threads that are created which contain a question to which an answer is available here, will be locked and directed to this post.
 
Guidelines for posting in this thread:
 
Questions, debates, meta issues, etc are all welcome. Breaking news should be posted separately from this thread. Rules:
 
Be respectful to one another. Follow the golden rule. No trolling or shilling.
 
Guidelines for posting new threads:
 
Is your thread something that does not fit in the daily thread or in another 'general' thread? Do you have a question, and it's not in the list below? Do you have exiting news to post? Did you use the search bar first? Good, go ahead :-)
 
The Whitepaper: In logical order, we start with the whitepaper. It contains the complete details about RaiBlocks, including some more technical details. Even if you're not technical, take a quick look at it. It will explain a lot! https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf
 
The FAQs: Now the technical FAQs, a document explaining how it works, how it compares to other coins, ... https://raiblocks.net/media/RaiBlocks_FAQ.pdf
 
Let's keep a decent overview of other, more practical questions :-)
 
Guide to set up your wallet https://www.reddit.com/RaiBlocks/comments/7bw77e/how_to_setup_your_desktop_wallet/
 
How do I buy or store XRB? Check out these guides: https://www.reddit.com/RaiBlocks/comments/7i0co0/the_definitive_guide_to_buying_and_storing/ https://www.reddit.com/RaiBlocks/comments/7iv89b/how_to_buy_xrb_without_waiting_for_a_transaction/
 
My desktop wallet isn't syncing! Do the numbers between the brackets still move? Good. The numbers before the parentheses are the number of blocks the wallet has verified, the numbers between parentheses is the amount of downloaded-but-not-yet-verified blocks. Is the wallet unlocked? Good, it needs to be unlocked to be able to sync. Still nothing? Go to 'accounts' - 'use account'. Still nothing? Close the wallet, reopen it.
 
What is a representative? Ah, so you haven't read the whitepaper haven't you... When conflicting blocks arise, a vote will have to be cast on which block to accept. Since you won't be online 24/7, you can outsource your voting power to a representative, who are online 24/7. They cannot access your funds, and you can change it anytime.
 
What is the incentive to run a node? Apart from helping the network and making it more secure, this user gives a detailed answer: https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
My transaction isn't visible in my wallet or it says 'not pocketed' on the block explorer! Is your wallet fully synced? Yes? Good, it needs to be completely synced before it will show your balances. Nothing? Go to "https://raiblocks.net/account/index.php?acc=ADDRESS HERE". Do you see the transaction there (as 'not pocketed')? Good, that means that it's just a matter of showing it in your wallet, the coins are linked to your address already. In your wallet, go to 'Accounts' - 'Use account', 'Back', 'Advanced' - 'Search for receivables'. Did it work? Good. If not, go to 'Advanced' - 'Account explorer', hit refresh. Still nothing? Close/kill the wallet and reopen it. Still nothing? Go to 'Advanced' and change the unit from Mxrb to xrb and back to Mxrb. Stillll nothing? Fine, make a thread!
 
The syncing is sooo slow!! On HDD, it can take a couple days for it to sync. Why? Every block is only 400bytes in size, they all need to be written on your HDD. SSD takes about 12h. Check the bottom of this post for a shortcut if you use HDD (or SSD and have no patience :-) ).
 
My withdrawal from BitGrail/Mercatox isn't working!! BitGrail and Mercatox are having quite some issues, both due to a bug in their RaiBlocks node, and because of being overwelmed. They have to do each withdrawal manually. Log a ticket and have patience! Mercatox support: https://mercatox.com/support BitGrail support: to be added when they're back
 
We need a new exchange & website & ...!! Indeed, large exchange would be super!. But before that, we need a new website, mobile wallets, ... Those are in the make. Don't ask about the new exchanges, no one knows!
 
What is the incentive to run a node? There is no monetary reward, but tread this post/comment! https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
We're limited to 7k TPS, how's that scalable!? The current limitation of 7K TPS is a hardware limitation of writing data to the disk, not a protocol limitation. As hardware improves, so will the TPS limit.
 
Does the receiver account have to be online when I create my send transaction? No, whenever the send transaction goes out, the funds are "not pocketed" by the receiver. The funds are as good as the receivers and cannot be revoked by the sender. "Not pocketed" funds do NOT expire.
 
What are "not pocketed" funds? A transaction consists of a "send" and a "receive" transaction. During the period where a "send" doesn't have its partnering "receive" transaction, the accounts are considered "not pocketed" by the recipient. "Not pocketed" funds are securely the receiver's funds. Once the receiver's wallet comes online, is fully synced, and unlocked, the funds will automatically be signed into their account chain.
 
What are the requirements to run a node? Currently the only real recommendation is to have a fast storage medium, such as an SSD instead of HDD. This is because currently the full node software does a lot of disk I/O for rapidly processing transactions. This may change with future full node versions that better utilize available system RAM and relax disk I/O.
 
What do the numbers at the top of the desktop wallet mean? The numbers will look like: processed (unprocessed downloaded) Where "processed" is the number of downloaded blocks that your node has processed, and "unprocessed downloaded" are blocks that your software has downloaded but not processed yet. To be fully synced, all blocks must be processed. As new transactions are created on the network, they will be downloaded into the "unprocessed" category to be subsequently processed.
 
How can I run a full node? The desktop wallet is already a full node! Just by running it you are helping
 
Can I send funds to my wallet before it is synced? Yes. Funds can be sent to any "xrb_" address, even if they were created in an offline environment. RaiBlocks is exactly the same as ethereum or bitcoin in this sense. The funds will show up when the wallet is fully synced with the network. Make sure to back up your seed!
 
How do I backup my wallet? Just write down your seed and keep it in a safe place. All accounts generated from that seed will be generated again (in order) when you restore that seed.
 
Can I reuse an address? Yes, unlike IOTA you can reuse addresses like in Bitcoin and Ethereum. Please understand the reasoning for this; IOTA does this because it is a drawback to the quantum-proof digital signature algorithm they use. RaiBlocks' current digital signature algorithm is not quantum proof, but the devs have expressed interest in changing to a quantum-proof algortihm as the field matures and quantum computers become a more significant threat to the network.
 
What's up with the units? Currently the ticker XRB on exchanges represents 1 Mxrb (or million xrb). As the name suggests, 1Mxrb = 1000000 xrb. The smallest unit of RaiBlocks is the raw. There are 1024 raw in an xrb, or 1030 raw in an Mxrb/XRB. Whenever people are talking, they are generally talking in XRB or equivalently Mxrb
 
What is the max supply? The max supply is 133,248,290 XRB. For units see the question above. Why this number? Well RaiBlock's value is kept in a uint128 variable (unsigned 128-bit integer). An uint128 has max value (2128)-1, which is approximately 340,282,366,920,938,000,000,000,000,000,000,000,000. This was the original number of "raw" in RaiBlocks. RaiBlocks was distributed via a Captcha faucet distribution system; of which 133,248,290 XRB were distributed. Due to some non-technical issues, the faucet distribution was cut short and the remaining quantity was burned. This leaves just 133,248,290 XRB (approximately 133,248,290,000,000,000,000,000,000,000,000,000,000 raw) circulating.
 
Can someone access my funds even if I use a password (desktop wallet) Yes. The password feature of the desktop wallet just encrypts the seed locally on your computer. If anyone gets access to your plaintext (unencrypted seed, the thing we tell you to backup) they have access to your funds. The benefit of the password is that if someone has access to your computer, they don't immediately have access to your raiblocks.
 
Whats a seed? What's a private key? Whats a public key? Any time you set up a Raiblocks address (such as creating a new wallet) , you will be provided with a "Seed" which is 64 characters of text that is unique to your wallet. Do not store your seed online (e.g do not screenshot, email or save it in a file) because anyone with the seed can access all accounts on it and take all of your Rai! The reason why it is provided is so that if for any reason you need to recover your account(s) you can do so without the original wallet you created the account on, so keep it safe!
 
Tips & Tricks * Transferring BTC between exchanges can be expensive and relatively fast (think hour(s)), or cheap and slow (think a few days). LTC or ETH transfers are faster, but make sure to check the discrepancy in BTC-LTC or BTC-ETH prices on markets with low volume! * 1 XRB as bought on an exchange is 1 million xrb, aka Rai. 1 Rai = 1024th raw, the smallest units on the RaiBlocks network. * 'Not pocketed' can stay like that indefinitely. If you want to spend the coins, you'll have to sync your wallet and create a 'RECEIVE' block though (this is done by Advanced - Check for receivables in the desktop wallet).
 
Want to try out the instant transactions without any fees? Check out This link
 
Daily update of data.ldb for 1st sync Want to skip the long sync time? Save your seed, check Readme.txt if you are going to use this method to speed up 1st wallet sync! Confirm the checksums/links in the #support channel at https://chat.raiblocks.net/. It's usually posted by SergSW. This link or this slightly newer one will guide you through it, but use the links below for the most recent files.
 
Find the latest updated DB files in the wiki page: https://www.reddit.com/RaiBlocks/wiki/index
Make sure to read the readme.txt!!
submitted by Crypto_Jasper to RaiBlocks [link] [comments]

FAQ & Daily General Discussion - January 1th, 2018

FAQ below, daily discussion in the comments! /RaiTrade for all price and trading related posts
Welcome!
As only 2 stickied threads are possible, we have decided to combine the "Are you new here" and the daily discussion thread. XRB is attracting more and more people, both veterans and newbies in the cryptoworld. As XRB is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read this post first and use the search bar! Threads that are created which contain a question to which an answer is available here, will be locked and directed to this post.
 
Guidelines for posting in this thread:
 
Questions, debates, meta issues, etc are all welcome. Breaking news should be posted separately from this thread. Rules:
 
Be respectful to one another. Follow the golden rule. No trolling or shilling.
 
Guidelines for posting new threads:
 
Is your thread something that does not fit in the daily thread or in another 'general' thread? Do you have a question, and it's not in the list below? Do you have exiting news to post? Did you use the search bar first? Good, go ahead :-)
 
The Whitepaper: In logical order, we start with the whitepaper. It contains the complete details about RaiBlocks, including some more technical details. Even if you're not technical, take a quick look at it. It will explain a lot! https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf
 
The FAQs: Now the technical FAQs, a document explaining how it works, how it compares to other coins, ... https://raiblocks.net/media/RaiBlocks_FAQ.pdf
 
Let's keep a decent overview of other, more practical questions :-)
 
Guide to set up your wallet https://www.reddit.com/RaiBlocks/comments/7bw77e/how_to_setup_your_desktop_wallet/
 
How do I buy or store XRB? Check out these guides: https://www.reddit.com/RaiBlocks/comments/7i0co0/the_definitive_guide_to_buying_and_storing/ https://www.reddit.com/RaiBlocks/comments/7iv89b/how_to_buy_xrb_without_waiting_for_a_transaction/
 
My desktop wallet isn't syncing! Do the numbers between the brackets still move? Good. The numbers before the parentheses are the number of blocks the wallet has verified, the numbers between parentheses is the amount of downloaded-but-not-yet-verified blocks. Is the wallet unlocked? Good, it needs to be unlocked to be able to sync. Still nothing? Go to 'accounts' - 'use account'. Still nothing? Close the wallet, reopen it.
 
What is a representative? Ah, so you haven't read the whitepaper haven't you... When conflicting blocks arise, a vote will have to be cast on which block to accept. Since you won't be online 24/7, you can outsource your voting power to a representative, who are online 24/7. They cannot access your funds, and you can change it anytime.
 
What is the incentive to run a node? Apart from helping the network and making it more secure, this user gives a detailed answer: https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
My transaction isn't visible in my wallet or it says 'not pocketed' on the block explorer! Is your wallet fully synced? Yes? Good, it needs to be completely synced before it will show your balances. Nothing? Go to "https://raiblocks.net/account/index.php?acc=ADDRESS HERE". Do you see the transaction there (as 'not pocketed')? Good, that means that it's just a matter of showing it in your wallet, the coins are linked to your address already. In your wallet, go to 'Accounts' - 'Use account', 'Back', 'Advanced' - 'Search for receivables'. Did it work? Good. If not, go to 'Advanced' - 'Account explorer', hit refresh. Still nothing? Close/kill the wallet and reopen it. Still nothing? Go to 'Advanced' and change the unit from Mxrb to xrb and back to Mxrb. Stillll nothing? Fine, make a thread!
 
The syncing is sooo slow!! On HDD, it can take a couple days for it to sync. Why? Every block is only 400bytes in size, they all need to be written on your HDD. SSD takes about 12h. Check the bottom of this post for a shortcut if you use HDD (or SSD and have no patience :-) ).
 
My withdrawal from BitGrail/Mercatox isn't working!! BitGrail and Mercatox are having quite some issues, both due to a bug in their RaiBlocks node, and because of being overwelmed. They have to do each withdrawal manually. Log a ticket and have patience! Mercatox support: https://mercatox.com/support BitGrail support: to be added when they're back
 
We need a new exchange & website & ...!! Indeed, large exchange would be super!. But before that, we need a new website, mobile wallets, ... Those are in the make. Don't ask about the new exchanges, no one knows!
 
What is the incentive to run a node? There is no monetary reward, but tread this post/comment! https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
We're limited to 7k TPS, how's that scalable!? The current limitation of 7K TPS is a hardware limitation of writing data to the disk, not a protocol limitation. As hardware improves, so will the TPS limit.
 
Does the receiver account have to be online when I create my send transaction? No, whenever the send transaction goes out, the funds are "not pocketed" by the receiver. The funds are as good as the receivers and cannot be revoked by the sender. "Not pocketed" funds do NOT expire.
 
What are "not pocketed" funds? A transaction consists of a "send" and a "receive" transaction. During the period where a "send" doesn't have its partnering "receive" transaction, the accounts are considered "not pocketed" by the recipient. "Not pocketed" funds are securely the receiver's funds. Once the receiver's wallet comes online, is fully synced, and unlocked, the funds will automatically be signed into their account chain.
 
What are the requirements to run a node? Currently the only real recommendation is to have a fast storage medium, such as an SSD instead of HDD. This is because currently the full node software does a lot of disk I/O for rapidly processing transactions. This may change with future full node versions that better utilize available system RAM and relax disk I/O.
 
What do the numbers at the top of the desktop wallet mean? The numbers will look like: processed (unprocessed downloaded) Where "processed" is the number of downloaded blocks that your node has processed, and "unprocessed downloaded" are blocks that your software has downloaded but not processed yet. To be fully synced, all blocks must be processed. As new transactions are created on the network, they will be downloaded into the "unprocessed" category to be subsequently processed.
 
How can I run a full node? The desktop wallet is already a full node! Just by running it you are helping
 
Can I send funds to my wallet before it is synced? Yes. Funds can be sent to any "xrb_" address, even if they were created in an offline environment. RaiBlocks is exactly the same as ethereum or bitcoin in this sense. The funds will show up when the wallet is fully synced with the network. Make sure to back up your seed!
 
How do I backup my wallet? Just write down your seed and keep it in a safe place. All accounts generated from that seed will be generated again (in order) when you restore that seed.
 
Can I reuse an address? Yes, unlike IOTA you can reuse addresses like in Bitcoin and Ethereum. Please understand the reasoning for this; IOTA does this because it is a drawback to the quantum-proof digital signature algorithm they use. RaiBlocks' current digital signature algorithm is not quantum proof, but the devs have expressed interest in changing to a quantum-proof algortihm as the field matures and quantum computers become a more significant threat to the network.
 
What's up with the units? Currently the ticker XRB on exchanges represents 1 Mxrb (or million xrb). As the name suggests, 1Mxrb = 1000000 xrb. The smallest unit of RaiBlocks is the raw. There are 1024 raw in an xrb, or 1030 raw in an Mxrb/XRB. Whenever people are talking, they are generally talking in XRB or equivalently Mxrb
 
What is the max supply? The max supply is 133,248,290 XRB. For units see the question above. Why this number? Well RaiBlock's value is kept in a uint128 variable (unsigned 128-bit integer). An uint128 has max value (2128)-1, which is approximately 340,282,366,920,938,000,000,000,000,000,000,000,000. This was the original number of "raw" in RaiBlocks. RaiBlocks was distributed via a Captcha faucet distribution system; of which 133,248,290 XRB were distributed. Due to some non-technical issues, the faucet distribution was cut short and the remaining quantity was burned. This leaves just 133,248,290 XRB (approximately 133,248,290,000,000,000,000,000,000,000,000,000,000 raw) circulating.
 
Can someone access my funds even if I use a password (desktop wallet) Yes. The password feature of the desktop wallet just encrypts the seed locally on your computer. If anyone gets access to your plaintext (unencrypted seed, the thing we tell you to backup) they have access to your funds. The benefit of the password is that if someone has access to your computer, they don't immediately have access to your raiblocks.
 
Whats a seed? What's a private key? Whats a public key? Any time you set up a Raiblocks address (such as creating a new wallet) , you will be provided with a "Seed" which is 64 characters of text that is unique to your wallet. Do not store your seed online (e.g do not screenshot, email or save it in a file) because anyone with the seed can access all accounts on it and take all of your Rai! The reason why it is provided is so that if for any reason you need to recover your account(s) you can do so without the original wallet you created the account on, so keep it safe!
 
Tips & Tricks * Transferring BTC between exchanges can be expensive and relatively fast (think hour(s)), or cheap and slow (think a few days). LTC or ETH transfers are faster, but make sure to check the discrepancy in BTC-LTC or BTC-ETH prices on markets with low volume! * 1 XRB as bought on an exchange is 1 million xrb, aka Rai. 1 Rai = 1024th raw, the smallest units on the RaiBlocks network. * 'Not pocketed' can stay like that indefinitely. If you want to spend the coins, you'll have to sync your wallet and create a 'RECEIVE' block though (this is done by Advanced - Check for receivables in the desktop wallet).
 
Want to try out the instant transactions without any fees? Check out This link
 
Daily update of data.ldb for 1st sync Want to skip the long sync time? Save your seed, check Readme.txt if you are going to use this method to speed up 1st wallet sync! Confirm the checksums/links in the #support channel at https://chat.raiblocks.net/. It's usually posted by SergSW. This link or this slightly newer one will guide you through it, but use the links below for the most recent files.
 
Find the latest updated DB files in the wiki page: https://www.reddit.com/RaiBlocks/wiki/index
Make sure to read the readme.txt!!
submitted by Crypto_Jasper to RaiBlocks [link] [comments]

More than 1 000 000 VirtaCoin in one month.

BitCoin faucets which constantly generate Satoshi paid once a week on Fridays, Saturdays, Sundays, Mondays and Tuesdays. With these faucets you can get paid 250 000 Satoshi in 7 days or 1 000 000 in one month. You can leave your computer and come back after 4 hours to claim what has generated. Just don't sign out when leaving your computer and get faucets to work for you. Using microwallet faucets you can get more. Microwallet withdrawal limit is 5825 satoshi which will be reached after one hour.
Just use Bitcoin faucets list to collect satoshi and then convert to VirtaCoins.
submitted by nissannassin to VirtaCoin [link] [comments]

List of legit paying crypto faucets with low minimum withdraw limits, Free crypto, and a few instant cash! Most paying within same day as signup! Check em out and start earning today!

I have quite a few ways listed here to earn free crypto, cash, and faucets that actually pay with low withdrawal thresholds. I use all of these everyday and thought I'd share for both our benefit. Signup and start collecting! Look through list and enjoy! I will edit to add more as I find legit money makers! Check lists out:
https://www.thecryptofaucet.com/?r=22248 You can withdraw crypto within same day or 2 at most! Very low minimum to withdraw! Offers Steem, Tron, etc.
https://t.me/WinFreeBitcoinbot?start=568928556 Decent Btc faucet with nice referral system to build up crypto!
https://doge-bitsfree.net/?ref=3552 What can I say, free Doge. Nice referral system to build up quick!
https://t.me/Zcash_click_bot?start=0oLv Free Zcash faucet with fair referral system!
These ones aren't faucets per se, but they do payout in crypto:
https://eosplay.com/link/lupkymnazmir Decent Eos Casino Dapp. I earned over 60 Eos in one run wagering 0.9 Eos on the slots! Legit!
Check out Pei to start earning automatic cashback in Bitcoin or Cash with your existing cards. Use my code to join: b4f5zh Download: https://getpei.onelink.me/l5ED/InAppReferral
You get $5 and I get $5! Simple! Signup through my referral and refer your friends. You need to connect a prepaid, debit, or credit card to get. You can withdraw in Btc, PayPal, or choose a giftcard card! My withdraws all took about 5 minutes! You get as soon as you link your first card!
http://www.tokenpark.co/register?ref=128299&langue=en_US Two tiered referral bonus for your referrals and upon completion of Kyc, you get a lucky draw opportunity and randomly get a certain amount of BTC, ETH, EOS. Up to : 100BTC, 1000ETH, 10000EOS for signing up!
https://www.masmic.com?action=referral&referralCode=ZH4PDLOS
Earn Stellar Xlm for answering questions and completing bounties! Also can earn by inviting friends. Similar to Quora, but on blockchain and get paid for it! Can only join through invite!
https://codex.one/signup?ref_uuid=4b97a766-745f-45fc-9b3e-bfbd4495383b Get 50 eos delegated to your CPU and resources for 3 days!! After signing up, look for CPU Aid in the menu and enter your Eos address. Can redo every 3 days to make sure you have the resources for your transactions. Nice referral program.
✨ I’m inviting you to join Drop, the free app that’s giving away millions in cash rewards every day! Use my code hgyqv to get $5 - no strings attached. https://b.ewd.io/code?c=hgyqv Not crypto, but you can get $5 to immediately to choose giftcard as soon as you link your first prepaid, debit, or credit card! No minimum to withdraw and earn $5 as well as your friends when you refer them!
https://link.dosh.cash/CALEBT56 Same as drop. No crypto earned, but receive $5 for signing up! Must connect a debit or credit to get the $5. This is a cashback app.
https://app.boid.comLupkymnazmir Earn Boid, which is based on Eos for running app on various computing devices. Low power and can barely notice running. You join as part of a group who are all computing Boid, which converts directly to your Eos wallet for cashout and earn bounties for various Eos based crypto. Alot of money up in the air and the more you refer the more you earn! Passive income and runs barely noticeable in background
submitted by Yglup to CryptoAirdrop [link] [comments]

FAQ & Daily General Discussion - January 5th, 2018

FAQ below, daily discussion in the comments! /RaiTrade for all price and trading related posts
Welcome!
As only 2 stickied threads are possible, we have decided to combine the "Are you new here" and the daily discussion thread. XRB is attracting more and more people, both veterans and newbies in the cryptoworld. As XRB is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read this post first and use the search bar! Threads that are created which contain a question to which an answer is available here, will be locked and directed to this post.
 
Guidelines for posting in this thread:
 
Questions, debates, meta issues, etc are all welcome. Breaking news should be posted separately from this thread. Rules:
 
Be respectful to one another. Follow the golden rule. No trolling or shilling.
 
Guidelines for posting new threads:
 
Is your thread something that does not fit in the daily thread or in another 'general' thread? Do you have a question, and it's not in the list below? Do you have exiting news to post? Did you use the search bar first? Good, go ahead :-)
 
The Whitepaper: In logical order, we start with the whitepaper. It contains the complete details about RaiBlocks, including some more technical details. Even if you're not technical, take a quick look at it. It will explain a lot! https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf
 
The FAQs: Now the technical FAQs, a document explaining how it works, how it compares to other coins, ... https://raiblocks.net/media/RaiBlocks_FAQ.pdf
 
Let's keep a decent overview of other, more practical questions :-)
 
Guide to set up your wallet https://www.reddit.com/RaiBlocks/comments/7bw77e/how_to_setup_your_desktop_wallet/
 
How do I buy or store XRB? Check out these guides: https://www.reddit.com/RaiBlocks/comments/7i0co0/the_definitive_guide_to_buying_and_storing/ https://www.reddit.com/RaiBlocks/comments/7iv89b/how_to_buy_xrb_without_waiting_for_a_transaction/
 
My desktop wallet isn't syncing! Do the numbers between the brackets still move? Good. The numbers before the parentheses are the number of blocks the wallet has verified, the numbers between parentheses is the amount of downloaded-but-not-yet-verified blocks. Is the wallet unlocked? Good, it needs to be unlocked to be able to sync. Still nothing? Go to 'accounts' - 'use account'. Still nothing? Close the wallet, reopen it.
 
What is a representative? Ah, so you haven't read the whitepaper haven't you... When conflicting blocks arise, a vote will have to be cast on which block to accept. Since you won't be online 24/7, you can outsource your voting power to a representative, who are online 24/7. They cannot access your funds, and you can change it anytime.
 
What is the incentive to run a node? Apart from helping the network and making it more secure, this user gives a detailed answer: https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
My transaction isn't visible in my wallet or it says 'not pocketed' on the block explorer! Is your wallet fully synced? Yes? Good, it needs to be completely synced before it will show your balances. Nothing? Go to "https://raiblocks.net/account/index.php?acc=ADDRESS HERE". Do you see the transaction there (as 'not pocketed')? Good, that means that it's just a matter of showing it in your wallet, the coins are linked to your address already. In your wallet, go to 'Accounts' - 'Use account', 'Back', 'Advanced' - 'Search for receivables'. Did it work? Good. If not, go to 'Advanced' - 'Account explorer', hit refresh. Still nothing? Close/kill the wallet and reopen it. Still nothing? Go to 'Advanced' and change the unit from Mxrb to xrb and back to Mxrb. Stillll nothing? Fine, make a thread!
 
The syncing is sooo slow!! On HDD, it can take a couple days for it to sync. Why? Every block is only 400bytes in size, they all need to be written on your HDD. SSD takes about 12h. Check the bottom of this post for a shortcut if you use HDD (or SSD and have no patience :-) ).
 
My withdrawal from BitGrail/Mercatox isn't working!! BitGrail and Mercatox are having quite some issues, both due to a bug in their RaiBlocks node, and because of being overwelmed. They have to do each withdrawal manually. Log a ticket and have patience! Mercatox support: https://mercatox.com/support BitGrail support: to be added when they're back
 
We need a new exchange & website & ...!! Indeed, large exchange would be super!. But before that, we need a new website, mobile wallets, ... Those are in the make. Don't ask about the new exchanges, no one knows!
 
What is the incentive to run a node? There is no monetary reward, but tread this post/comment! https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
We're limited to 7k TPS, how's that scalable!? The current limitation of 7K TPS is a hardware limitation of writing data to the disk, not a protocol limitation. As hardware improves, so will the TPS limit.
 
Does the receiver account have to be online when I create my send transaction? No, whenever the send transaction goes out, the funds are "not pocketed" by the receiver. The funds are as good as the receivers and cannot be revoked by the sender. "Not pocketed" funds do NOT expire.
 
What are "not pocketed" funds? A transaction consists of a "send" and a "receive" transaction. During the period where a "send" doesn't have its partnering "receive" transaction, the accounts are considered "not pocketed" by the recipient. "Not pocketed" funds are securely the receiver's funds. Once the receiver's wallet comes online, is fully synced, and unlocked, the funds will automatically be signed into their account chain.
 
What are the requirements to run a node? Currently the only real recommendation is to have a fast storage medium, such as an SSD instead of HDD. This is because currently the full node software does a lot of disk I/O for rapidly processing transactions. This may change with future full node versions that better utilize available system RAM and relax disk I/O.
 
What do the numbers at the top of the desktop wallet mean? The numbers will look like: processed (unprocessed downloaded) Where "processed" is the number of downloaded blocks that your node has processed, and "unprocessed downloaded" are blocks that your software has downloaded but not processed yet. To be fully synced, all blocks must be processed. As new transactions are created on the network, they will be downloaded into the "unprocessed" category to be subsequently processed.
 
How can I run a full node? The desktop wallet is already a full node! Just by running it you are helping
 
Can I send funds to my wallet before it is synced? Yes. Funds can be sent to any "xrb_" address, even if they were created in an offline environment. RaiBlocks is exactly the same as ethereum or bitcoin in this sense. The funds will show up when the wallet is fully synced with the network. Make sure to back up your seed!
 
How do I backup my wallet? Just write down your seed and keep it in a safe place. All accounts generated from that seed will be generated again (in order) when you restore that seed.
 
Can I reuse an address? Yes, unlike IOTA you can reuse addresses like in Bitcoin and Ethereum. Please understand the reasoning for this; IOTA does this because it is a drawback to the quantum-proof digital signature algorithm they use. RaiBlocks' current digital signature algorithm is not quantum proof, but the devs have expressed interest in changing to a quantum-proof algortihm as the field matures and quantum computers become a more significant threat to the network.
 
What's up with the units? Currently the ticker XRB on exchanges represents 1 Mxrb (or million xrb). As the name suggests, 1Mxrb = 1000000 xrb. The smallest unit of RaiBlocks is the raw. There are 1024 raw in an xrb, or 1030 raw in an Mxrb/XRB. Whenever people are talking, they are generally talking in XRB or equivalently Mxrb
 
What is the max supply? The max supply is 133,248,290 XRB. For units see the question above. Why this number? Well RaiBlock's value is kept in a uint128 variable (unsigned 128-bit integer). An uint128 has max value (2128)-1, which is approximately 340,282,366,920,938,000,000,000,000,000,000,000,000. This was the original number of "raw" in RaiBlocks. RaiBlocks was distributed via a Captcha faucet distribution system; of which 133,248,290 XRB were distributed. Due to some non-technical issues, the faucet distribution was cut short and the remaining quantity was burned. This leaves just 133,248,290 XRB (approximately 133,248,290,000,000,000,000,000,000,000,000,000,000 raw) circulating.
 
Can someone access my funds even if I use a password (desktop wallet) Yes. The password feature of the desktop wallet just encrypts the seed locally on your computer. If anyone gets access to your plaintext (unencrypted seed, the thing we tell you to backup) they have access to your funds. The benefit of the password is that if someone has access to your computer, they don't immediately have access to your raiblocks.
 
Whats a seed? What's a private key? Whats a public key? Any time you set up a Raiblocks address (such as creating a new wallet) , you will be provided with a "Seed" which is 64 characters of text that is unique to your wallet. Do not store your seed online (e.g do not screenshot, email or save it in a file) because anyone with the seed can access all accounts on it and take all of your Rai! The reason why it is provided is so that if for any reason you need to recover your account(s) you can do so without the original wallet you created the account on, so keep it safe!
 
Tips & Tricks * Transferring BTC between exchanges can be expensive and relatively fast (think hour(s)), or cheap and slow (think a few days). LTC or ETH transfers are faster, but make sure to check the discrepancy in BTC-LTC or BTC-ETH prices on markets with low volume! * 1 XRB as bought on an exchange is 1 million xrb, aka Rai. 1 Rai = 1024th raw, the smallest units on the RaiBlocks network. * 'Not pocketed' can stay like that indefinitely. If you want to spend the coins, you'll have to sync your wallet and create a 'RECEIVE' block though (this is done by Advanced - Check for receivables in the desktop wallet).
 
Want to try out the instant transactions without any fees? Check out This link
 
Daily update of data.ldb for 1st sync Want to skip the long sync time? Save your seed, check Readme.txt if you are going to use this method to speed up 1st wallet sync! Confirm the checksums/links in the #support channel at https://chat.raiblocks.net/. It's usually posted by SergSW. This link or this slightly newer one will guide you through it, but use the links below for the most recent files.
 
Find the latest updated DB files in the wiki page: https://www.reddit.com/RaiBlocks/wiki/index
Make sure to read the readme.txt!!
submitted by Crypto_Jasper to RaiBlocks [link] [comments]

FAQ & Daily General Discussion - December 29, 2017

FAQ below, daily discussion in the comments! /RaiTrade for all price and trading related posts
Welcome!
As only 2 stickied threads are possible, we have decided to combine the "Are you new here" and the daily discussion thread. XRB is attracting more and more people, both veterans and newbies in the cryptoworld. As XRB is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read this post first and use the search bar! Threads that are created which contain a question to which an answer is available here, will be locked and directed to this post.

Guidelines for posting in this thread:

Questions, debates, meta issues, etc are all welcome. Breaking news should be posted separately from this thread. Rules:

Be respectful to one another. Follow the golden rule. No trolling or shilling.

Guidelines for posting new threads:

Is your thread something that does not fit in the daily thread or in another 'general' thread? Do you have a question, and it's not in the list below? Do you have exiting news to post? Did you use the search bar first? Good, go ahead :-)

The Whitepaper: In logical order, we start with the whitepaper. It contains the complete details about RaiBlocks, including some more technical details. Even if you're not technical, take a quick look at it. It will explain a lot! https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf

The FAQs: Now the technical FAQs, a document explaining how it works, how it compares to other coins, ... https://raiblocks.net/media/RaiBlocks_FAQ.pdf

Let's keep a decent overview of other, more practical questions :-)

How do I buy or store XRB? Check out these guides: https://www.reddit.com/RaiBlocks/comments/7i0co0/the_definitive_guide_to_buying_and_storing/ https://www.reddit.com/RaiBlocks/comments/7iv89b/how_to_buy_xrb_without_waiting_for_a_transaction/

My desktop wallet isn't syncing! Do the numbers between the brackets still move? Good. The numbers before the parentheses are the number of blocks the wallet has verified, the numbers between parentheses is the amount of downloaded-but-not-yet-verified blocks. Is the wallet unlocked? Good, it needs to be unlocked to be able to sync. Still nothing? Go to 'accounts' - 'use account'. Still nothing? Close the wallet, reopen it.

What is a representative? Ah, so you haven't read the whitepaper haven't you... When conflicting blocks arise, a vote will have to be cast on which block to accept. Since you won't be online 24/7, you can outsource your voting power to a representative, who are online 24/7. They cannot access your funds, and you can change it anytime.

What is the incentive to run a node? Apart from helping the network and making it more secure, this user gives a detailed answer: https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/

My transaction isn't visible in my wallet or it says 'not pocketed' on the block explorer! Is your wallet fully synced? Yes? Good, it needs to be completely synced before it will show your balances. Nothing? Go to "https://raiblocks.net/account/index.php?acc=ADDRESS HERE". Do you see the transaction there (as 'not pocketed')? Good, that means that it's just a matter of showing it in your wallet, the coins are linked to your address already. In your wallet, go to 'Accounts' - 'Use account', 'Back', 'Advanced' - 'Search for receivables'. Did it work? Good. If not, go to 'Advanced' - 'Account explorer', hit refresh. Still nothing? Close/kill the wallet and reopen it. Still nothing? Go to 'Advanced' and change the unit from Mxrb to xrb and back to Mxrb. Stillll nothing? Fine, make a thread!

The syncing is sooo slow!! On HDD, it can take a couple days for it to sync. Why? Every block is only 400bytes in size, they all need to be written on your HDD. SSD takes about 12h. Check the bottom of this post for a shortcut if you use HDD (or SSD and have no patience :-) ).

My withdrawal from BitGrail/Mercatox isn't working!! BitGrail and Mercatox are having quite some issues, both due to a bug in their RaiBlocks node, and because of being overwelmed. They have to do each withdrawal manually. Log a ticket and have patience! Mercatox support: https://mercatox.com/support BitGrail support: to be added when they're back

We need a new exchange & website & ...!! Indeed, large exchange would be super!. But before that, we need a new website, mobile wallets, ... Those are in the make. Don't ask about the new exchanges, no one knows!

What is the incentive to run a node? There is no monetary reward, but tread this post/comment! https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/

We're limited to 7k TPS, how's that scalable!? The current limitation of 7K TPS is a hardware limitation of writing data to the disk, not a protocol limitation. As hardware improves, so will the TPS limit.

Does the receiver account have to be online when I create my send transaction? No, whenever the send transaction goes out, the funds are "not pocketed" by the receiver. The funds are as good as the receivers and cannot be revoked by the sender. "Not pocketed" funds do NOT expire.

What are "not pocketed" funds? A transaction consists of a "send" and a "receive" transaction. During the period where a "send" doesn't have its partnering "receive" transaction, the accounts are considered "not pocketed" by the recipient. "Not pocketed" funds are securely the receiver's funds. Once the receiver's wallet comes online, is fully synced, and unlocked, the funds will automatically be signed into their account chain.

What are the requirements to run a node? Currently the only real recommendation is to have a fast storage medium, such as an SSD instead of HDD. This is because currently the full node software does a lot of disk I/O for rapidly processing transactions. This may change with future full node versions that better utilize available system RAM and relax disk I/O.

What do the numbers at the top of the desktop wallet mean? The numbers will look like: processed (unprocessed downloaded) Where "processed" is the number of downloaded blocks that your node has processed, and "unprocessed downloaded" are blocks that your software has downloaded but not processed yet. To be fully synced, all blocks must be processed. As new transactions are created on the network, they will be downloaded into the "unprocessed" category to be subsequently processed.

How can I run a full node? The desktop wallet is already a full node! Just by running it you are helping

Can I send funds to my wallet before it is synced? Yes. Funds can be sent to any "xrb_" address, even if they were created in an offline environment. RaiBlocks is exactly the same as ethereum or bitcoin in this sense. The funds will show up when the wallet is fully synced with the network. Make sure to back up your seed!

How do I backup my wallet? Just write down your seed and keep it in a safe place. All accounts generated from that seed will be generated again (in order) when you restore that seed.

Can I reuse an address? Yes, unlike IOTA you can reuse addresses like in Bitcoin and Ethereum. Please understand the reasoning for this; IOTA does this because it is a drawback to the quantum-proof digital signature algorithm they use. RaiBlocks' current digital signature algorithm is not quantum proof, but the devs have expressed interest in changing to a quantum-proof algortihm as the field matures and quantum computers become a more significant threat to the network.

What's up with the units? Currently the ticker XRB on exchanges represents 1 Mxrb (or million xrb). As the name suggests, 1Mxrb = 1000000 xrb. The smallest unit of RaiBlocks is the raw. There are 1024 raw in an xrb, or 1030 raw in an Mxrb/XRB. Whenever people are talking, they are generally talking in XRB or equivalently Mxrb

What is the max supply? The max supply is 133,248,290 XRB. For units see the question above. Why this number? Well RaiBlock's value is kept in a uint128 variable (unsigned 128-bit integer). An uint128 has max value (2128)-1, which is approximately 340,282,366,920,938,000,000,000,000,000,000,000,000. This was the original number of "raw" in RaiBlocks. RaiBlocks was distributed via a Captcha faucet distribution system; of which 133,248,290 XRB were distributed. Due to some non-technical issues, the faucet distribution was cut short and the remaining quantity was burned. This leaves just 133,248,290 XRB (approximately 133,248,290,000,000,000,000,000,000,000,000,000,000 raw) circulating.

Can someone access my funds even if I use a password (desktop wallet) Yes. The password feature of the desktop wallet just encrypts the seed locally on your computer. If anyone gets access to your plaintext (unencrypted seed, the thing we tell you to backup) they have access to your funds. The benefit of the password is that if someone has access to your computer, they don't immediately have access to your raiblocks.

Whats a seed? What's a private key? Whats a public key? Any time you set up a Raiblocks address (such as creating a new wallet) , you will be provided with a "Seed" which is 64 characters of text that is unique to your wallet. Do not store your seed online (e.g do not screenshot, email or save it in a file) because anyone with the seed can access all accounts on it and take all of your Rai! The reason why it is provided is so that if for any reason you need to recover your account(s) you can do so without the original wallet you created the account on, so keep it safe!

Tips & Tricks * Transferring BTC between exchanges can be expensive and relatively fast (think hour(s)), or cheap and slow (think a few days). LTC or ETH transfers are faster, but make sure to check the discrepancy in BTC-LTC or BTC-ETH prices on markets with low volume! * 1 XRB as bought on an exchange is 1 million xrb, aka Rai. 1 Rai = 1024th raw, the smallest units on the RaiBlocks network. * 'Not pocketed' can stay like that indefinitely. If you want to spend the coins, you'll have to sync your wallet and create a 'RECEIVE' block though (this is done by Advanced - Check for receivables in the desktop wallet).

Want to try out the instant transactions without any fees? Check out This link

Daily update of data.ldb for 1st sync (December 15th, 2017) Want to skip the long sync time? Save your seed, check Readme.txt if you are going to use this method to speed up 1st wallet sync! Confirm the checksums/links in the #support channel at https://chat.raiblocks.net/. It's usually posted by SergSW. This link or this slightly newer one will guide you through it, but use the links below for the most recent files.

Find the latest updated DB files in the wiki page: https://www.reddit.com/RaiBlocks/wiki/index
Make sure to read the readme.txt!!
submitted by AutoModerator to RaiBlocks [link] [comments]

FAQ & Daily General Discussion - December 26, 2017

FAQ below, daily discussion in the comments!
Welcome!
As only 2 stickied threads are possible, we have decided to combine the "Are you new here" and the daily discussion thread. XRB is attracting more and more people, both veterans and newbies in the cryptoworld. As XRB is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read this post first and use the search bar! Threads that are created which contain a question to which an answer is available here, will be locked and directed to this post.

Guidelines for posting in this thread:

Questions, debates, meta issues, etc are all welcome. Breaking news should be posted separately from this thread. Rules:

Be respectful to one another. Follow the golden rule. No trolling or shilling.

Guidelines for posting new threads:

Is your thread something that does not fit in the daily thread or in another 'general' thread? Do you have a question, and it's not in the list below? Do you have exiting news to post? Did you use the search bar first? Good, go ahead :-)

The Whitepaper: In logical order, we start with the whitepaper. It contains the complete details about RaiBlocks, including some more technical details. Even if you're not technical, take a quick look at it. It will explain a lot! https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf

The FAQs: Now the technical FAQs, a document explaining how it works, how it compares to other coins, ... https://raiblocks.net/media/RaiBlocks_FAQ.pdf

Let's keep a decent overview of other, more practical questions :-)

How do I buy or store XRB? Check out these guides: https://www.reddit.com/RaiBlocks/comments/7i0co0/the_definitive_guide_to_buying_and_storing/ https://www.reddit.com/RaiBlocks/comments/7iv89b/how_to_buy_xrb_without_waiting_for_a_transaction/

My desktop wallet isn't syncing! Do the numbers between the brackets still move? Good. The numbers before the parentheses are the number of blocks the wallet has verified, the numbers between parentheses is the amount of downloaded-but-not-yet-verified blocks. Is the wallet unlocked? Good, it needs to be unlocked to be able to sync. Still nothing? Go to 'accounts' - 'use account'. Still nothing? Close the wallet, reopen it.

What is a representative? Ah, so you haven't read the whitepaper haven't you... When conflicting blocks arise, a vote will have to be cast on which block to accept. Since you won't be online 24/7, you can outsource your voting power to a representative, who are online 24/7. They cannot access your funds, and you can change it anytime.

What is the incentive to run a node? Apart from helping the network and making it more secure, this user gives a detailed answer: https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/

My transaction isn't visible in my wallet or it says 'not pocketed' on the block explorer! Is your wallet fully synced? Yes? Good, it needs to be completely synced before it will show your balances. Nothing? Go to "https://raiblocks.net/account/index.php?acc=ADDRESS HERE". Do you see the transaction there (as 'not pocketed')? Good, that means that it's just a matter of showing it in your wallet, the coins are linked to your address already. In your wallet, go to 'Accounts' - 'Use account', 'Back', 'Advanced' - 'Search for receivables'. Did it work? Good. If not, go to 'Advanced' - 'Account explorer', hit refresh. Still nothing? Close/kill the wallet and reopen it. Still nothing? Go to 'Advanced' and change the unit from Mxrb to xrb and back to Mxrb. Stillll nothing? Fine, make a thread!

The syncing is sooo slow!! On HDD, it can take a couple days for it to sync. Why? Every block is only 400bytes in size, they all need to be written on your HDD. SSD takes about 12h. Check the bottom of this post for a shortcut if you use HDD (or SSD and have no patience :-) ).

My withdrawal from BitGrail/Mercatox isn't working!! BitGrail and Mercatox are having quite some issues, both due to a bug in their RaiBlocks node, and because of being overwelmed. They have to do each withdrawal manually. Log a ticket and have patience! Mercatox support: https://mercatox.com/support BitGrail support: to be added when they're back

We need a new exchange & website & ...!! Indeed, large exchange would be super!. But before that, we need a new website, mobile wallets, ... Those are in the make. Don't ask about the new exchanges, no one knows!

What is the incentive to run a node? There is no monetary reward, but tread this post/comment! https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/

We're limited to 7k TPS, how's that scalable!? The current limitation of 7K TPS is a hardware limitation of writing data to the disk, not a protocol limitation. As hardware improves, so will the TPS limit.

Does the receiver account have to be online when I create my send transaction? No, whenever the send transaction goes out, the funds are "not pocketed" by the receiver. The funds are as good as the receivers and cannot be revoked by the sender. "Not pocketed" funds do NOT expire.

What are "not pocketed" funds? A transaction consists of a "send" and a "receive" transaction. During the period where a "send" doesn't have its partnering "receive" transaction, the accounts are considered "not pocketed" by the recipient. "Not pocketed" funds are securely the receiver's funds. Once the receiver's wallet comes online, is fully synced, and unlocked, the funds will automatically be signed into their account chain.

What are the requirements to run a node? Currently the only real recommendation is to have a fast storage medium, such as an SSD instead of HDD. This is because currently the full node software does a lot of disk I/O for rapidly processing transactions. This may change with future full node versions that better utilize available system RAM and relax disk I/O.

What do the numbers at the top of the desktop wallet mean? The numbers will look like: processed (unprocessed downloaded) Where "processed" is the number of downloaded blocks that your node has processed, and "unprocessed downloaded" are blocks that your software has downloaded but not processed yet. To be fully synced, all blocks must be processed. As new transactions are created on the network, they will be downloaded into the "unprocessed" category to be subsequently processed.

How can I run a full node? The desktop wallet is already a full node! Just by running it you are helping

Can I send funds to my wallet before it is synced? Yes. Funds can be sent to any "xrb_" address, even if they were created in an offline environment. RaiBlocks is exactly the same as ethereum or bitcoin in this sense. The funds will show up when the wallet is fully synced with the network. Make sure to back up your seed!

How do I backup my wallet? Just write down your seed and keep it in a safe place. All accounts generated from that seed will be generated again (in order) when you restore that seed.

Can I reuse an address? Yes, unlike IOTA you can reuse addresses like in Bitcoin and Ethereum. Please understand the reasoning for this; IOTA does this because it is a drawback to the quantum-proof digital signature algorithm they use. RaiBlocks' current digital signature algorithm is not quantum proof, but the devs have expressed interest in changing to a quantum-proof algortihm as the field matures and quantum computers become a more significant threat to the network.

What's up with the units? Currently the ticker XRB on exchanges represents 1 Mxrb (or million xrb). As the name suggests, 1Mxrb = 1000000 xrb. The smallest unit of RaiBlocks is the raw. There are 1024 raw in an xrb, or 1030 raw in an Mxrb/XRB. Whenever people are talking, they are generally talking in XRB or equivalently Mxrb

What is the max supply? The max supply is 133,248,290 XRB. For units see the question above. Why this number? Well RaiBlock's value is kept in a uint128 variable (unsigned 128-bit integer). An uint128 has max value (2128)-1, which is approximately 340,282,366,920,938,000,000,000,000,000,000,000,000. This was the original number of "raw" in RaiBlocks. RaiBlocks was distributed via a Captcha faucet distribution system; of which 133,248,290 XRB were distributed. Due to some non-technical issues, the faucet distribution was cut short and the remaining quantity was burned. This leaves just 133,248,290 XRB (approximately 133,248,290,000,000,000,000,000,000,000,000,000,000 raw) circulating.

Can someone access my funds even if I use a password (desktop wallet) Yes. The password feature of the desktop wallet just encrypts the seed locally on your computer. If anyone gets access to your plaintext (unencrypted seed, the thing we tell you to backup) they have access to your funds. The benefit of the password is that if someone has access to your computer, they don't immediately have access to your raiblocks.

Whats a seed? What's a private key? Whats a public key? Any time you set up a Raiblocks address (such as creating a new wallet) , you will be provided with a "Seed" which is 64 characters of text that is unique to your wallet. Do not store your seed online (e.g do not screenshot, email or save it in a file) because anyone with the seed can access all accounts on it and take all of your Rai! The reason why it is provided is so that if for any reason you need to recover your account(s) you can do so without the original wallet you created the account on, so keep it safe!

Tips & Tricks * Transferring BTC between exchanges can be expensive and relatively fast (think hour(s)), or cheap and slow (think a few days). LTC or ETH transfers are faster, but make sure to check the discrepancy in BTC-LTC or BTC-ETH prices on markets with low volume! * 1 XRB as bought on an exchange is 1 million xrb, aka Rai. 1 Rai = 1024th raw, the smallest units on the RaiBlocks network. * 'Not pocketed' can stay like that indefinitely. If you want to spend the coins, you'll have to sync your wallet and create a 'RECEIVE' block though (this is done by Advanced - Check for receivables in the desktop wallet).

Want to try out the instant transactions without any fees? Check out This link

Daily update of data.ldb for 1st sync (December 15th, 2017) Want to skip the long sync time? Save your seed, check Readme.txt if you are going to use this method to speed up 1st wallet sync! Confirm the checksums/links in the #support channel at https://chat.raiblocks.net/. It's usually posted by SergSW. This link or this slightly newer one will guide you through it, but use the links below for the most recent files.

Find the latest updated DB files in the wiki page: https://www.reddit.com/RaiBlocks/wiki/index
Make sure to read the readme.txt!!
submitted by AutoModerator to RaiBlocks [link] [comments]

FAQ & Daily General Discussion - December 28, 2017

FAQ below, daily discussion in the comments! /RaiTrade for all price and trading related posts
Welcome!
As only 2 stickied threads are possible, we have decided to combine the "Are you new here" and the daily discussion thread. XRB is attracting more and more people, both veterans and newbies in the cryptoworld. As XRB is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read this post first and use the search bar! Threads that are created which contain a question to which an answer is available here, will be locked and directed to this post.

Guidelines for posting in this thread:

Questions, debates, meta issues, etc are all welcome. Breaking news should be posted separately from this thread. Rules:

Be respectful to one another. Follow the golden rule. No trolling or shilling.

Guidelines for posting new threads:

Is your thread something that does not fit in the daily thread or in another 'general' thread? Do you have a question, and it's not in the list below? Do you have exiting news to post? Did you use the search bar first? Good, go ahead :-)

The Whitepaper: In logical order, we start with the whitepaper. It contains the complete details about RaiBlocks, including some more technical details. Even if you're not technical, take a quick look at it. It will explain a lot! https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf

The FAQs: Now the technical FAQs, a document explaining how it works, how it compares to other coins, ... https://raiblocks.net/media/RaiBlocks_FAQ.pdf

Let's keep a decent overview of other, more practical questions :-)

How do I buy or store XRB? Check out these guides: https://www.reddit.com/RaiBlocks/comments/7i0co0/the_definitive_guide_to_buying_and_storing/ https://www.reddit.com/RaiBlocks/comments/7iv89b/how_to_buy_xrb_without_waiting_for_a_transaction/

My desktop wallet isn't syncing! Do the numbers between the brackets still move? Good. The numbers before the parentheses are the number of blocks the wallet has verified, the numbers between parentheses is the amount of downloaded-but-not-yet-verified blocks. Is the wallet unlocked? Good, it needs to be unlocked to be able to sync. Still nothing? Go to 'accounts' - 'use account'. Still nothing? Close the wallet, reopen it.

What is a representative? Ah, so you haven't read the whitepaper haven't you... When conflicting blocks arise, a vote will have to be cast on which block to accept. Since you won't be online 24/7, you can outsource your voting power to a representative, who are online 24/7. They cannot access your funds, and you can change it anytime.

What is the incentive to run a node? Apart from helping the network and making it more secure, this user gives a detailed answer: https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/

My transaction isn't visible in my wallet or it says 'not pocketed' on the block explorer! Is your wallet fully synced? Yes? Good, it needs to be completely synced before it will show your balances. Nothing? Go to "https://raiblocks.net/account/index.php?acc=ADDRESS HERE". Do you see the transaction there (as 'not pocketed')? Good, that means that it's just a matter of showing it in your wallet, the coins are linked to your address already. In your wallet, go to 'Accounts' - 'Use account', 'Back', 'Advanced' - 'Search for receivables'. Did it work? Good. If not, go to 'Advanced' - 'Account explorer', hit refresh. Still nothing? Close/kill the wallet and reopen it. Still nothing? Go to 'Advanced' and change the unit from Mxrb to xrb and back to Mxrb. Stillll nothing? Fine, make a thread!

The syncing is sooo slow!! On HDD, it can take a couple days for it to sync. Why? Every block is only 400bytes in size, they all need to be written on your HDD. SSD takes about 12h. Check the bottom of this post for a shortcut if you use HDD (or SSD and have no patience :-) ).

My withdrawal from BitGrail/Mercatox isn't working!! BitGrail and Mercatox are having quite some issues, both due to a bug in their RaiBlocks node, and because of being overwelmed. They have to do each withdrawal manually. Log a ticket and have patience! Mercatox support: https://mercatox.com/support BitGrail support: to be added when they're back

We need a new exchange & website & ...!! Indeed, large exchange would be super!. But before that, we need a new website, mobile wallets, ... Those are in the make. Don't ask about the new exchanges, no one knows!

What is the incentive to run a node? There is no monetary reward, but tread this post/comment! https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/

We're limited to 7k TPS, how's that scalable!? The current limitation of 7K TPS is a hardware limitation of writing data to the disk, not a protocol limitation. As hardware improves, so will the TPS limit.

Does the receiver account have to be online when I create my send transaction? No, whenever the send transaction goes out, the funds are "not pocketed" by the receiver. The funds are as good as the receivers and cannot be revoked by the sender. "Not pocketed" funds do NOT expire.

What are "not pocketed" funds? A transaction consists of a "send" and a "receive" transaction. During the period where a "send" doesn't have its partnering "receive" transaction, the accounts are considered "not pocketed" by the recipient. "Not pocketed" funds are securely the receiver's funds. Once the receiver's wallet comes online, is fully synced, and unlocked, the funds will automatically be signed into their account chain.

What are the requirements to run a node? Currently the only real recommendation is to have a fast storage medium, such as an SSD instead of HDD. This is because currently the full node software does a lot of disk I/O for rapidly processing transactions. This may change with future full node versions that better utilize available system RAM and relax disk I/O.

What do the numbers at the top of the desktop wallet mean? The numbers will look like: processed (unprocessed downloaded) Where "processed" is the number of downloaded blocks that your node has processed, and "unprocessed downloaded" are blocks that your software has downloaded but not processed yet. To be fully synced, all blocks must be processed. As new transactions are created on the network, they will be downloaded into the "unprocessed" category to be subsequently processed.

How can I run a full node? The desktop wallet is already a full node! Just by running it you are helping

Can I send funds to my wallet before it is synced? Yes. Funds can be sent to any "xrb_" address, even if they were created in an offline environment. RaiBlocks is exactly the same as ethereum or bitcoin in this sense. The funds will show up when the wallet is fully synced with the network. Make sure to back up your seed!

How do I backup my wallet? Just write down your seed and keep it in a safe place. All accounts generated from that seed will be generated again (in order) when you restore that seed.

Can I reuse an address? Yes, unlike IOTA you can reuse addresses like in Bitcoin and Ethereum. Please understand the reasoning for this; IOTA does this because it is a drawback to the quantum-proof digital signature algorithm they use. RaiBlocks' current digital signature algorithm is not quantum proof, but the devs have expressed interest in changing to a quantum-proof algortihm as the field matures and quantum computers become a more significant threat to the network.

What's up with the units? Currently the ticker XRB on exchanges represents 1 Mxrb (or million xrb). As the name suggests, 1Mxrb = 1000000 xrb. The smallest unit of RaiBlocks is the raw. There are 1024 raw in an xrb, or 1030 raw in an Mxrb/XRB. Whenever people are talking, they are generally talking in XRB or equivalently Mxrb

What is the max supply? The max supply is 133,248,290 XRB. For units see the question above. Why this number? Well RaiBlock's value is kept in a uint128 variable (unsigned 128-bit integer). An uint128 has max value (2128)-1, which is approximately 340,282,366,920,938,000,000,000,000,000,000,000,000. This was the original number of "raw" in RaiBlocks. RaiBlocks was distributed via a Captcha faucet distribution system; of which 133,248,290 XRB were distributed. Due to some non-technical issues, the faucet distribution was cut short and the remaining quantity was burned. This leaves just 133,248,290 XRB (approximately 133,248,290,000,000,000,000,000,000,000,000,000,000 raw) circulating.

Can someone access my funds even if I use a password (desktop wallet) Yes. The password feature of the desktop wallet just encrypts the seed locally on your computer. If anyone gets access to your plaintext (unencrypted seed, the thing we tell you to backup) they have access to your funds. The benefit of the password is that if someone has access to your computer, they don't immediately have access to your raiblocks.

Whats a seed? What's a private key? Whats a public key? Any time you set up a Raiblocks address (such as creating a new wallet) , you will be provided with a "Seed" which is 64 characters of text that is unique to your wallet. Do not store your seed online (e.g do not screenshot, email or save it in a file) because anyone with the seed can access all accounts on it and take all of your Rai! The reason why it is provided is so that if for any reason you need to recover your account(s) you can do so without the original wallet you created the account on, so keep it safe!

Tips & Tricks * Transferring BTC between exchanges can be expensive and relatively fast (think hour(s)), or cheap and slow (think a few days). LTC or ETH transfers are faster, but make sure to check the discrepancy in BTC-LTC or BTC-ETH prices on markets with low volume! * 1 XRB as bought on an exchange is 1 million xrb, aka Rai. 1 Rai = 1024th raw, the smallest units on the RaiBlocks network. * 'Not pocketed' can stay like that indefinitely. If you want to spend the coins, you'll have to sync your wallet and create a 'RECEIVE' block though (this is done by Advanced - Check for receivables in the desktop wallet).

Want to try out the instant transactions without any fees? Check out This link

Daily update of data.ldb for 1st sync (December 15th, 2017) Want to skip the long sync time? Save your seed, check Readme.txt if you are going to use this method to speed up 1st wallet sync! Confirm the checksums/links in the #support channel at https://chat.raiblocks.net/. It's usually posted by SergSW. This link or this slightly newer one will guide you through it, but use the links below for the most recent files.

Find the latest updated DB files in the wiki page: https://www.reddit.com/RaiBlocks/wiki/index
Make sure to read the readme.txt!!
submitted by AutoModerator to RaiBlocks [link] [comments]

Best Highest Paying Bitcoin Faucet 2020 list Bitcoin Faucet: Extrabtc - 4 satoshis every 0 minutes (Faucetpay) Free and fast Bitcoin Automatic Collector 2020 Bitcoin 50+ Faucets Bot automatic with 2captcha Bitcoin Faucet: Getyourbitcoin - 4 satohis every 5 minutes (Faucetpay)

We only list High Paying BitCoin faucets thet pay and are not regularly closed due to low funds. Please enjoy and share this website. Join the four top BitCoin faucets below, then continue to the BitCoin Faucet Rotator wich has over 500 BitCoin Faucets. 💰 👽 💰 qωєяσfαυ¢єт - BTC Autofaucet (Automatic payouts every 30 secs for up to 4 hours, even with closed tab) 💰 👽 💰 🚀 ⚒ Premium ExpressCrypto BTC Faucet List ⚒ 🚀 Free Bitcoin Faucet - 40% реферальных отчислений The Bitcoin Faucets are the free source to earn Bitcoin online 24/7 with PC and smartphone. These free Bitcoin faucets dispense few Satoshis once every few minutes for almost doing nothing. Hence, if you’re the one looking for the ways to earn Bitcoin, the Bitcoin faucet would be a great free source to collect free Bitcoin. Earn Free Bitcoin Right Now! Registration required to use the bitcoin faucet bot of FaucetPay. (payments from free faucets are for residents of the United States, Canada, Australia, Germany, England, France, and Spain.For residents of other countries in the amount of payments may be lower) START TO EARN BITCOINS FAST, FREE & ON AUTOMATIC! # THE BEST CRYPTO FAUCETS 2020. Bitcoin faucets are great platforms to earn free coins by simply visiting a websites and completing tasks or surveys. Here's list of trusted, paying and easy to use bitcoin faucets. One of the best, reliable and the oldest bitcoin faucet is the FreeBitcoin

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Best Highest Paying Bitcoin Faucet 2020 list

Best Bitcoin Faucet Bot & Collector Claim From Any Faucet Breaks Shortlinks & Anti Bot Links - Duration: 2:53. Epic Traffic Bot 24,154 views Bitcoin 50+ Faucets Bot automatic with 2captcha - Duration: 4:57. Lukacs Flavian 2,863 views. 4:57. Top 25 Punches That Will Never Be Forgotten... Pt2 - Duration: 18:51. Double Your Bitcoins Instantly! Bitcoin Trading Bot 2016! [Legit, Real, Working Method] - Duration: 9:21. Double Bitcoins 18,731 views A bitcoin faucet is a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange ... step 2 : select all the sites from list and Start the Job ! step 3 : complete captchas you can get 1 Bitcoin per week the program will click random ads in faucet sites, only and after the claim is ...

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