Re:Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk
by MadSudaca on Friday December 22, 2017 @06:15AM
(#15986676)
The address you sent me is invalid, are you sure you copied it correctly?
You can read more about the coin at this website: https://raiblocks.net/, or on its subreddit. There is some "PoW" involved but it's used to deter spammers, and it's not a key component of the protocol. Since there are no fees, there's no tangible economic disincentive to deter someone from spamming the network. Thus, before sending a transaction you have to solve a small problem that takes a couple of seconds in commodity hardware.
xrb_1rkecomb7s3c8kkg8dir9frrpxxpazm3j531jcbh7zpqoe9umdbzoi
Thanks!
Edit: tried to figure this out. There is no mining but there is something POW that it wants me to opt in to use my browser for.
Where can I read more about this (except for the source code).