<p>Can anyone explain step-by-step the lifecycle of a Raiblocks transaction...in layman's terms?  </p>

<p>Having trouble deciphering the whitepaper (see link below).</p>

<p><a href="https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf" rel="nofollow noreferrer">https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf</a></p>

CC BY-SA 3.0
2018-01-17T00:08:32.693Z
I don't think it is possible to decipher the whitepaper of Raiblocks. It sounds almost like an advertisement: *"near instantaneous transaction speed and unlimited scalability"*, *"the premier
cryptocurrency for consumer transactions"* ...
Mark Messa
CC BY-SA 3.0
2018-01-19T04:27:54.497Z
I am starting to get the same feeling.  Looking at Colin's -- the founder of Raiblocks -- posts on bitcoin talk, he does not talk in simple terms making it even more difficult to decipher.  This in contrast to Satoshi -- whose posts were so clear, simple and elegant.
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<transactions><nano>
Lifecycle of a Raiblocks transaction
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# Lifecycle of a Raiblocks transaction

(Asked by: username_0 on 2018-01-11)

Can anyone explain step-by-step the lifecycle of a Raiblocks transaction...in layman's terms?

Having trouble deciphering the whitepaper (see link below).

<https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf>

**Tags:** transactions, nano

> **Comments:**
> **username_1**: I don't think it is possible to decipher the whitepaper of Raiblocks. It sounds almost like an advertisement: *"near instantaneous transaction speed and unlimited scalability"*, *"the premier cryptocurrency for consumer transactions"* ...  
> **username_0**: I am starting to get the same feeling.  Looking at Colin's -- the founder of Raiblocks -- posts on bitcoin talk, he does not talk in simple terms making it even more difficult to decipher.  This in contrast to Satoshi -- whose posts were so clear, simple and elegant.  

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## 0 answers

