RaiBlocks has the community behind it, and has gone up over 100% in the last week. Can it keep this growth up?
In the last 24 hours alone, RaiBlocks have gone up over 80%, making the cryptocurrency the 17th most valuable cryptocurrency with a market cap of a little under $3 billion now.
Bitcoins biggest problem is that it can't keep up with the sheer volume of transactions, as it's limited to how many it can process at a time. This results in transaction times that can take hours and have fees of up to $15. As a result, it has meant that Bitcoin is becoming an unviable currency to use to make purchases.
RaiBlocks focuses on these issues with near instant transactions and zero fees. It does this by being the kind of anti-Bitcoin, with individual blockchains rather than one large blockchain based network.
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