Hi, I’m Colin LeMahieu, the lead developer of RaiBlocks. We’ve had an exciting couple of weeks and I wanted to take the time to introduce myself to all of you and give RaiBlocks’ supporters an idea of why I started this project and what the RaiBlocks team aims to achieve.

I first stumbled upon Bitcoin in 2010 and immediately saw the potential of decentralized currency. After four years of following Bitcoin and researching its capabilities, I began to worry about its flaws: scalability, transfer times, and high fees. Realizing these issues could potentially hinder its use as an everyday currency, in 2014 I embarked on a mission to design a payment system that solved these performance issues.

During the last three years, we have faced many doubts and difficult choices, but have kept faith, continuing to move forward. Throughout the development of RaiBlocks, I’ve always told myself that if I find another cryptocurrency that functioned better than RaiBlocks I would abandon the project. A few came close, but in the end nothing I saw achieved the benefits that RaiBlocks offers to the world.

In starting our platform, I realized that while many people were experimenting with various blockchain technologies, I felt a digital currency that could be transferred instantaneously, with zero fees and unlimited scalability, would be embraced. I started by modeling the blockchain as a shared-memory data-structure with conflict being mediated by miners and suffering from high contention. I soon realized that by utilizing message passing, an alternative to shared-memory, adding to the ledger would be wait-free and we’d achieve the desired scalability. Thus began the construction of the block-lattice, a message-passing data-structure where each account has the ability to add transactions to their account with zero contention.

The core principle our team operates on is to deliver results that exceed the expectations you have for us in a professional manner. Our immediate plans for RaiBlocks include the launch of our redesigned website, the release of user-friendly desktop and mobile wallets, and the inclusion of RaiBlocks on additional exchanges.

We have a great team here at RaiBlocks that will be introducing themselves to you over the next few weeks. I am excited to add talented developers to the team as we continue to grow RaiBlocks into the premier payment system we know it can be. I hope you all can join us in our official Discord channel https://chat.raiblocks.net or on our subreddit https://www.reddit.com/r/RaiBlocks/ to continue the conversation about both the present and the future of RaiBlocks. Thank you for all of your continued support!