Raiblocks is very interesting project and it aims to be better version of Bitcoin.
But you can not compare BTC and Raiblocks because they are not using the same technology. They are different!
First, when we are sending BTC, we create transaction that goes into mining pool and it waits to be picked up by miners and then it will be confirmed. That's why we are waiting for confirmations. If we pay bigger fee, miners will pick transaction with biggest fee so our transaction will be confirmed before others. Together with other transactions, it will be put in one block of the blockchain. In that blockchain there are all transactions in BTC history. So we have 1 blockchain where are sorted all BTC transactions.
On the other side, Raiblocks uses different technology. Every account has its own blockchain. This structure is called block lattice. So, once you create transaction it will be block in your own blockchain. Also, there is one more interesting thing. If you want to send Raiblocks to your friend, you will have to create " send " transaction and he will have to create " receive " transaction. He can create 1 min or 1 day after you but he needs to create it in order to receive coins.
Also, raiblocks doesn't have miners and its transactions are instant and without fee.
So as you can see this is very unique project that should be tested. In my opinion it has solid chances but it has to be tested. Its market cap is 100 times lower than BTC so we can't say now that it is a new BTC. It has to be tested because this is something new and we will see what will happen once community starts using this. I am personally not investing in Raiblocks. I missed to invest earlier and investing now for me is not a good idea even if this project has chances to make some nice gain. I just wanted to explain you how Raiblocks works. It is great technology but does technology always win? We have BTC at 1st place at the moment even if BTC has a lot of problems. We need good technology but it is not enough. It needs marketing or something else to jump in top10 market cap and try to compete with BTC.
From investment point of view, this coin is not yet at big exchanges so maybe hype is not started yet and we can expect new wave soon. If you holding this coin, it could be make you nice profit but for me investing now doesn't offer me big gain because current price is $15 and just 2 months ago price was 15 cents. It made already huge gain.
I hope you liked it.
cheers
*Disclaimer: We are not crypto gurus nor we are claiming to be. This is not financial advice nor investment recommendation. Please ask licenced financial advisor in your country for financial advice. This our humble opinion and the main purpose is to share it and learn new things a long the way.
