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A comment on Coinbase booked $1B in revenue last year, has told hovering VCs to back off. Parent comment

Re:Coinbase booked $1B in revenue last year, has told hoveri... by hylianwarrior on Monday January 22, 2018 @06:39PM (#16209249)
RaiBlocks is looking pretty good with its zero fees and sub-minute transaction times
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Re:Coinbase booked $1B in revenue last year, has told hoveri... by thefourthchime on Monday January 22, 2018 @07:40PM (#16209712)
I thought that at first blush, but they haven't figured out how to incentivize nodes or prevent spam. Pretty big issues IMO
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Re:Coinbase booked $1B in revenue last year, has told hoveri... by StavrosK on Monday January 22, 2018 @08:51PM (#16210185)
Yes, and as much as I like the currency, the perpetual "they'll do it out of the goodness of their hearts" answer to "who will run a node with no incentive" isn't very convincing.
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Re:Coinbase booked $1B in revenue last year, has told hoveri... by sethgecko on Tuesday January 23, 2018 @04:55AM (#16212247)
Isn't that exactly the same with every cryptocurrency? Why would you run a bitcoin node?
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Re:Coinbase booked $1B in revenue last year, has told hoveri... by StavrosK on Tuesday January 23, 2018 @06:00AM (#16212551)
No, it's not. A RaiBlocks node is equivalen to a Bitcoin miner. You'd run it because it makes money.
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Re:Coinbase booked $1B in revenue last year, has told hoveri... by tehlike on Tuesday January 23, 2018 @02:16AM (#16211655)
you can add fees to raiblocks, isn't it just a matter of forking it?
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Re:Coinbase booked $1B in revenue last year, has told hoveri... by sanefive on Monday January 22, 2018 @06:54PM (#16209378)
Raiblocks and IOTA are the two to watch, yes.
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Re:Coinbase booked $1B in revenue last year, has told hoveri... by Blindedwino on Monday January 22, 2018 @08:06PM (#16209895)
IOTA is not made to be a currency to shop online or buy coffee, it's an IoT currency. Stop trying to shill what you've bought. It's also deeply flawed, centralized and its wallet is not user friendly.
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Re:Coinbase booked $1B in revenue last year, has told hoveri... by sanefive on Tuesday January 23, 2018 @06:36AM (#16212739)
Believe it or not, I don't have IOTA nor XRB in my portfolio.
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Re:Coinbase booked $1B in revenue last year, has told hoveri... by bitoneill on Monday January 22, 2018 @07:17PM (#16209549)
There are concerns about IOTA: MIT Media Lab's concerns about the cryptocurrency IOTA

https://news.ycombinator.com/item?id=15980675

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