Topic: [ANN] [XTC] TileCoin| IoT (Internet of Things) bitcoin blockchain - ĐApp - page 37. (Read 286491 times)

One last positive note.
We have been in contact with https://thingful.net/ to test the micropayments enablement for data acquisitions.

Regards,
ASIC-8Tile

Cryptotronix, TilePay want to let devices sell their own data


Cryptotronix, the Coloradan designer of open-source cryptography hardware and software, earlier this month announced a partnership with forthcoming cryptocurrency app TilePay that will bring automated, secure micropayments to the Internet of Things.
 
The company’s designs are already used for products like SparkFun’s CryptoCape, a hardware security add-on for the BeagleBone development board. The new design is a similar add-on for another tiny computer, the Pinoccio, which has Wifi and 802.15.4 mesh networking capabilities baked in.
 
The CryptoBackPack, still in prototype stage, adds an Atmel crypto-authentication chip to any device built with Pinoccio. The chip creates a unique cryptographic identifier that can be used to verify that the data really did come from where it says it did. That’s where TilePay comes in.


 
crypto
 
TilePay works a lot like Bitcoin (on which it’s based) and other cryptocurrencies: It’s a way to exchange money or data securely, through a decentralized system. Embedding cryptographic tools in IoT devices makes it possible for those devices to participate in the TilePay marketplace, by offering up access to their data on a pay-as-you-go basis.
 
For example, let’s say I have an outdoor environmental sensor measuring the temperature on my lawn, near the sidewalk. My next-door neighbor is building an automated lemonade stand, and she wants to maximize her profits by adjusting prices as the temperature goes up or down throughout the day. She programs her smart lemonade dispenser to buy an inexpensive temperature reading from my thermometer every 30 minutes, and automatically update the cost of lemonade accordingly.
 
The beauty of micropayments is that you only pay for what you need, instead of being locked into a subscription or forced to deal with advertising. My neighbor can do just fine with occasional readings; a meteorologist might pay for temperature data every minute, or every few seconds. And because each transaction is verified cryptographically, the buyer always knows that the data really did come from my sensor.
 
Micropayments are just one way that blockchains -- the cryptographic technology behind TilePay and Bitcoin -- can be used by connected devices. To learn more, see our article Blockchains and the Internet of Things.

Fwiw, I bought a good portion of the XTC from 1.2k to 2.7k satoshis.  I think there might be some serious implied value in this project, it's definitely no shitcoin.  If the devs pull of what they hope to this will get real interesting and exciting.  Anyway, I just wanted to put people's minds at ease, because I don't think (but I'm not certain) that there is a bot buying it up, it was likely just me.

Through my network of contacts I also have strong connections to exchanges like Bittrex and Poloniex.  I plan to introduce them to XTC and see what they have to say.

just by looking at the books...


47.53btc to go up from 2560 -> 2700 - 6.7% increase

9btc to go down from 2560 -> 1390 - 54.29% decrease


where is the buy support. bter needs to disable this bot before everyone gets burnt. and before the coins reputation is tarnished.

I agree, there's not too much buy support right now and yeah there's bots manipulating, but why not just let them do their thing? How can you get burned if you hold your coins and let manipulators do their thing these next couple days? As long as you (and me and the rest of sober investors) hold your coins, what's the problem exactly? I'm actually hoping for a big drop, fill my buys!

If you feel like the price is unnaturally high, this is a perfect opportunity to exit slowly. For me, a coin with a genuinely dedicated dev developing something with real world application and third party companies that can prove this thing is more than just talk is a reason to stay invested for a long long time.

And hey whale, remove those walls! Those 1.3mil and 1.5mil bags are much more impressive at 1$ a coin than right now  

your missing my point, im not holding grudges. dev is great, im just stating facts. relax are you on your period?

you r mad. my friend.

I am so happy with dev team and all those ppl behind scene.

stop post your grudges here. thanks.

im just stating facts. why u so mad

idiot. you r so pathetic.

my holding is almost 30,000USD now. it will triple soon enough.

buy back as much as you can now before tooooo late.

 

just by looking at the books...


47.53btc to go up from 2560 -> 2700 - 6.7% increase

9btc to go down from 2560 -> 1390 - 54.29% decrease


where is the buy support. bter needs to disable this bot before everyone gets burnt. and before the coins reputation is tarnished.

you are blind.

if its "too good to miss" then why did it sit at 700satoshis for months on end, even with constant updates and news.

yet missing dev and no updates and delayed wallet, and all of a sudden hitting 1700sats? 120% of its max when there was actually news.

use your brain. smell somethings up.

theres no doubt there is a bot ramping price up, go look for yourself, go look at all the miniscule duplicate orders tgat jump around whenever you place an order. grow a braun stop trying to protect your investment and open your eyes


ill be back in a few days when were back to 900sats to tell you again.

theres about 2btc buy support from dropping this from 2700 to 1600. this bot is ridiculous. the wallet needs to be released!

sorry ive jumped the gun a bit.

im not even fudding, i actually hold alot of tilecoin, i just dont like this unnatural growth.

tilecoin is a great coin, its just the bot is obvious. so im just giving everyone a pre-warning that its not all fairtales from here up. it will go down.