Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

Re:Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk by smnplk on Thursday December 21, 2017 @09:19PM (#15984775)

There are already new players in town. Currently Raiblocks is gaining in popularity. It offers AFAIK the fastest transactions with NO FEES. This is the future.

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Re:Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk by drcross on Thursday December 21, 2017 @10:18PM (#15985017)

>It offers AFAIK the fastest transactions with NO FEES.

Is it not obvious to you that no fees is a ridiculous proposition? Free transactions mean spam and that doesn't work in a distributed ledger.

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Re:Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk by rileyphone on Friday December 22, 2017 @02:15AM (#15985786)

Transactions have a small amount of PoW attached to them to deter spam, and are also very small (designed to fit in a UDP packet).

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Re:Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk by nikkwong on Thursday December 21, 2017 @09:51PM (#15984894)

I'm sorry, but what's so good about raiblocks...? Aren't they just PoS based?

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