Topic: IOTA - page 114. (Read 1473405 times)

IOTA hit the $3.2-3.5 so many times that it seems logical to give the coin another try.
Long term, all of this is peanuts of course. One should not miss the general wave of the future.

German utility giant Innogy is testing IOTA - ”It´s more than just another Blockchain idea” Carsten Stöcker, Blockchain Evangelist, Innogy Innovation Hub

https://innovationhub.innogy.com/news-event/3lj6DX6LS0C4SyKmgEOiQq/meet-our-future-customers--machines-with-wallets

Meet our future customers: machines with wallets
A new peer-to-peer network creates a machine-to-machine world without transaction fees
Imagine a future where machines are our new customers and transaction fees have been removed from the economic value chain. If that sounds like something from the world of sci-fi, the reality is that it’s not very far away. At innogy Innovation Hub, we’re already testing the next generation of the internet and blockchain to enable secure peer-to-peer transactions.

The innogy Innovation Hub is exploring a new technology called IOTA that goes far beyond one-dimensional blockchain. With a completely new architecture based on cryptographically secure machine identities and a “tangle” protocol layer for validating transactions, IOTA is a key enabler for the ‘Machine Economy’. In simple terms, it means that machines can have their own wallets and transact automatically with other machines. And as a result, new machine-centred business models are rapidly emerging.

It´s more than just another Blockchain idea

How does IOTA differ from conventional blockchain? A big factor is that instead of having blockchain “miners” acting as dedicated validators, each IOTA network participant is actively involved in the validation of transactions. A further difference is partition tolerance. While blockchain requires all users to be in synch to make a transaction, IOTA Tangle allows clusters, so that transactions can happen offline.

By adding an IOTA node, a machine will be transformed into an ‘economically independent machine’ with its ability to transact with other machines and to manage its own profit and loss statement.
Carsten Stöcker, Blockchain Evangelist, innogy Innovation Hub
IOTA tangle is in effect a real peer-to-peer network - by machines for machines. There are many benefits to this approach: decentralization, scalability and no transaction fees to name but a few.

By enabling transactions to be validated in parallel, IOTA can achieve a much higher throughput - the highest transactions per second of any distributed ledger which scales with the network. This is vitally important because in an IoT world, there will be massive volumes of nano and micro transactions and so near-zero or zero transaction fees are essential for this to be economically viable.

Providing wallets to machines has radical implications. Today, no traditional bank is willing to give a bank account to a machine. But with a digital wallet, machines can generate income from physical or data services without any middleman and use it for purchases like insurance, energy or maintenance. Just as banks use the criteria of “know your customer”, IOTA provides the assurance of “know your machine” through secure identities.

Wiill hold Iota long term. 2018 will be great!

https://www.tradingview.com/chart/IOTUSD/bPRxZ44d-IOTA-Buy-Opportunity/

in IOTA you can. The foundation has seized funds before when the send addresses were re-used. It's a vulnerability in the protocol that allows them to

If this is true this thing has absolutely nothing to do with actual cryptocurrencies. The very definition of a cryptocurrency is that one can not simple take away someone's tokens...

1) load new wallet (approx tomorrow)
2) see that Binance also has no problems and allows withdrawals
3) watch IOTA go up by $1.00

I think you cannot register on that forum anymore. Try this one https://forum.helloiota.com/ or join the slack.

No answer yet.
Any advice to register an account on forum.iota.org?

expensive mor expensove and cheaper cheaper?
i dont get it

I do not know when IOTA capital pull up will stop, but I know the current callback is the opportunity

The main thing with IOTA is people jump the gun, its not a finished protocol yet and needs alot of polish.   Thats my impression, I like the idea but I would not be committing lump sums to the project just yet only commit amounts you are willing to lose and experience any upsides and downsides to the coin use.  I think every crypto currency that exists needs to keep improving or the user base especially the wider public will find it too convuluted to use easily and they will stick to FIAT. 

Without common use there is just speculation and theoretical coin features, I'm bullish on real world utility and obviously its capable

I just bought a $ 300,000 IOTA. Although it has so many multiples, I believe expensive coins will be more expensive and cheaper ones will be cheaper

I’m still waiting to be paid back. Dominik himself banned me from the slack channel for demanding my tokens be returned. So it’s not ok to talk truths about iota. So, I’ve had to come here and I’ll troll his Twitter account. Maybe someday people will wake up and see how controlled and useless iota is.

I have been robbed( as have others) by the “ greatest coin in existence today”

yes, byteball has all 12 witnesses under the control of the same guy, but at least they are 12. It's not about who controls them. There is some proof it can work decentralized with the cooperation of 12 different agents (regardless of who controls them). With IOTA there is only 1 coordinator, hence no proof if could work with more, or none. What I seek is some proof the principles in the whitepaper work as designed. Also I'd like to see the advertised transaction speed that's supposed to increase with the number of transaction. That hasn't materialized either.

IOTA brought me about 10x gains this month and I sold for better opportunities. All in all I believe in IOTA and I'll buy back on a dip. Just right now with the info available I think it's overpriced.

Byteball is centralized as well. All the witnesses are still under control of the main dev Tony and thus it is centralized. Byteball and IOTA sharing the same DAG technology but have completely different approaches. You can not really compare them. IOTA has still some problems but there is a lot ongoing in the background. More than for any other big crypto project at the moment. The new wallet will change much. The PoCs which will be released soon will show the immense potential. By then, I am glad about all the newbie FUDsters that lower the price since many weak hands sell. Good to accumulate more cheap tokens. Keep work up guys

you invest in the vision. and IOTA has the potential to become really huge! simple as that.

bitcoin is being used online and offline. Plenty of stores accepting it, even cash machines. I've used it for the past few years. So is monero and dash, but only for darkweb stuff. LTC is also used to quickly transfer money since it's the fastest of the widely accepted ones. I've stopped using bitcoin for real, because of the extremly high fees. Monero and ltc are still ok though.

Of course real usage is probably 1-5%, the rest being speculators. When the bubble pops prices will adjust accordingly and any coins that have no real usage will simply die.

As far as I know IOTA is one of the few from the top 5 that have no real usage yet.

Lol forget about "participations " and all this BS , nobody cares what coins can do nobody using even Bitcoin , it's all about pump and dump even Dogecoin today up 75% . Just wait for next pump and dump iota...

the hype was related to a very long list of partnerships that turned out to be "participations". Anyway, the idea sounds good, it's just not tested yet, as IOTA is neither decentralized, nor fast yet. Before investing more, I'd like to see the coordinator down and have a transaction that takes only a few minutes. Byteball already does this, so for the time being it's more of a sure bet for now.

What's the hype behind IOTA for? There is no functional wallet yet.