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Topic: IOTA - page 231. (Read 1473405 times)

full member
Activity: 191
Merit: 100
August 24, 2017, 08:53:57 AM
hey guys,
i'm new to the forum and iota is one of the coins i'm most excited about
what really sold me on iota is this interview with one of the founders - https://soundcloud.com/arthurfalls/ether-review-69-iota-the-post-blockchain-era
he seems like a solid guy and explains the tech quite well.
i'm surprised that upon searching for posts on iota in this forum, there are many posts from 1 to 2 years ago of people thinking iota is a scam and being very frustrated. can someone explain to me why?

lots of people thought Bitcoin was scam in the early time too. Even today, some people still think so. Same to Ethereum. People's hearts go with people's treasures and people's intelligence goes with people's hearts.

^ this

You can always tell how legitimite a project is by the number and intensity of haters present.

Haters would not waste their time if they were not afraid of the impending and inevitable disintermediation.

IOTA has tons of haters who spend their most valuable commodity (their time left in their life as it ticks away never to return).  This shows us how valuable and viable IOTA is as a disintermediator.

You should have seen the mountains of ETH haters who ranted daily about how ineffective ETH would be even as it blasted billions in market cap.

Bitcoin haters are governments like Bolivia (what does THAT tell you).

One of the metrics that I use to judge the validity of a project is the amount and intensity of the hate, and BTC wins hands down, however, if you look at percentage of haters vs holders, then it's possible that IOTA has the max metric.  What does this mean in our scientific analysis?

Stay tuned.....

for the next episode....

I think you are right here. while I hate the Iota App (laggy, super slow, complicated (why adress has to be tangled dmanually ) IOta has a great future and most of the people I now are holding for longterm
hero member
Activity: 840
Merit: 500
Twitter: @FedKassad
August 24, 2017, 07:43:46 AM
Looks like we broke down. There might be cheap IOTA soon for new people who stayed on the sidelines until now.
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
August 24, 2017, 07:27:03 AM
i want to change my wallet  password on a regular basis, how can i do that please ? !
thank you !
Most programs that do offer changing of passwords internally use a very long password that gets stored in ecnrypted form, encrypted by the password a user types in. That one is of course changeable easily.
IOTA wallet doesn't work like that. You need to transfer funds into a new Seed/Wallet.

Create a new Seed, and write that down on two papers. Store them at two different places.
Login on the new Seed. Create a deposit address, attach that to the tangle. Paste that address into a textfile. Logout.
Login on the old Seed. Transfer all IOTA to the new address. The mood point is about rechecking that transfer a day after, occasionally needing to reattach.

That might be because of that Bitfinex Light Node beeing a loadballancer, and some node you get redirected to isn't up to date?

Regarding security. Each new transfer takes your ballance at risk, because while your old funds still beeing all safe meanwhiles you got infected on your desktop by some trojan that spys on keyboard input and stuff.
Best to transfer funds not to often. Best to use several wallets, splitting funds across those. Letting some of them just gain age, using others more recent.
Use the Blockexplorer, not the wallet, to check funds periodically.
Store each old credentials, as useless as they might have become, just keep them for historical value.
hero member
Activity: 763
Merit: 500
August 24, 2017, 06:14:29 AM
hey guys,
i'm new to the forum and iota is one of the coins i'm most excited about
what really sold me on iota is this interview with one of the founders - https://soundcloud.com/arthurfalls/ether-review-69-iota-the-post-blockchain-era
he seems like a solid guy and explains the tech quite well.
i'm surprised that upon searching for posts on iota in this forum, there are many posts from 1 to 2 years ago of people thinking iota is a scam and being very frustrated. can someone explain to me why?

lots of people thought Bitcoin was scam in the early time too. Even today, some people still think so. Same to Ethereum. People's hearts go with people's treasures and people's intelligence goes with people's hearts.
newbie
Activity: 25
Merit: 0
August 24, 2017, 05:21:27 AM
hey guys,

i'm new to the forum and iota is one of the coins i'm most excited about

what really sold me on iota is this interview with one of the founders - https://soundcloud.com/arthurfalls/ether-review-69-iota-the-post-blockchain-era

he seems like a solid guy and explains the tech quite well.

i'm surprised that upon searching for posts on iota in this forum, there are many posts from 1 to 2 years ago of people thinking iota is a scam and being very frustrated. can someone explain to me why?

To me I think that a big part of the scepcis towards Iota is due to the arrogance and not always friendly comments of the devs. For me, I couldn't care less if the devs are friendly or not, I invest because I believe in the technology. But some people don't do well with the way of communicating by the devs  Grin
hero member
Activity: 577
Merit: 500
August 24, 2017, 03:30:05 AM
hey guys,

i'm new to the forum and iota is one of the coins i'm most excited about

what really sold me on iota is this interview with one of the founders - https://soundcloud.com/arthurfalls/ether-review-69-iota-the-post-blockchain-era

he seems like a solid guy and explains the tech quite well.

i'm surprised that upon searching for posts on iota in this forum, there are many posts from 1 to 2 years ago of people thinking iota is a scam and being very frustrated. can someone explain to me why?

When something breaks with the established and traditional way of doing things there is always old-fashioned people that does not understand it or blames it in benefit of old things.
There is also people that didn't notice until now and their greed and jealousy speaks for them.
full member
Activity: 172
Merit: 100
August 24, 2017, 02:48:30 AM
hey guys,

i'm new to the forum and iota is one of the coins i'm most excited about

what really sold me on iota is this interview with one of the founders - https://soundcloud.com/arthurfalls/ether-review-69-iota-the-post-blockchain-era

he seems like a solid guy and explains the tech quite well.

i'm surprised that upon searching for posts on iota in this forum, there are many posts from 1 to 2 years ago of people thinking iota is a scam and being very frustrated. can someone explain to me why?
hero member
Activity: 874
Merit: 511
August 24, 2017, 01:19:29 AM
Iota is the future, I try to spread the gospel on twitter as much as possible. All my real world friends are now big fans as well. I will be holding regular IOTA giveaways as soon as it hits more exchanges.

Is not bitfinex safe for IOTA trading? Or are you waiting for an exchange like bittrex and poloniex to add IOTA? Yes I never remember if in bitfinex often a problem, therefore I further avoid far from bitfinex.



with Bitfinex restricting its customer base, and if the reported banking issues are to be belived it would be a very good move to have IOTA more exchanges at the very earliest opportunity.

+1, Bitfinex is go so far but not enough.
I would like to see IOTA on Bithump. That crazy Korean people will pump the price to 10$ Grin
newbie
Activity: 10
Merit: 0
August 24, 2017, 12:01:05 AM

Let us take a look at that,
Code:
-join ([char[]](65..90+57..57)*100 | Get-Random -Count 81)
Is weak because of the low entropy originating from Get-Random, which looks to be deterministic?

Actually I don't know it's inner workings. Might get seeded by systemclock only, then refeeding last cycle output into it again and again, seen similar in a Lehmer RNG. And there had not been that many seconds in existance between hitting Bitfinex, and today at noon. A month has (365/12)*24*60*60=2,627,994 seconds which are walked throu in a half minute.
But brute force testing each resulting adress using a lightnode wallet still takes ages. You would have to regenerate 50~100 adresses from resulting seed, and connect & shutdown from the node.
At least some node operators might ring the alarm bell.

My own concern, having used a BMTKRG ("blind monkey typing keyboard random generator") and then uppercasing the mess, replacing impossible chars with 9s ... there are low entropy string parts possible, too. But true randomness requires substrings like KJDSBIIUUUUJBHDS, too. How secure are "blank parts" like LUSDHG999999999999999999SDKLGJB ?

i want to change my wallet  password on a regular basis, how can i do that please ? !
thank you !
newbie
Activity: 20
Merit: 0
August 23, 2017, 11:19:27 PM
Iota is the future, I try to spread the gospel on twitter as much as possible. All my real world friends are now big fans as well. I will be holding regular IOTA giveaways as soon as it hits more exchanges.

Is not bitfinex safe for IOTA trading? Or are you waiting for an exchange like bittrex and poloniex to add IOTA? Yes I never remember if in bitfinex often a problem, therefore I further avoid far from bitfinex.



with Bitfinex restricting its customer base, and if the reported banking issues are to be belived it would be a very good move to have IOTA more exchanges at the very earliest opportunity.
Here is to hoping this happens soon.
newbie
Activity: 7
Merit: 0
August 23, 2017, 10:30:37 PM
when will IOTA breaks at $5.00, it's soonest !!!!  Wink
newbie
Activity: 6
Merit: 0
August 23, 2017, 04:10:24 PM
Iota is the future, I try to spread the gospel on twitter as much as possible. All my real world friends are now big fans as well. I will be holding regular IOTA giveaways as soon as it hits more exchanges.

Is not bitfinex safe for IOTA trading? Or are you waiting for an exchange like bittrex and poloniex to add IOTA? Yes I never remember if in bitfinex often a problem, therefore I further avoid far from bitfinex.



with Bitfinex restricting its customer base, and if the reported banking issues are to be belived it would be a very good move to have IOTA more exchanges at the very earliest opportunity.
hero member
Activity: 763
Merit: 500
August 23, 2017, 12:58:46 PM
out of curious i wonder is there already a real use case of machine to machine for iota now?

https://forum.iota.org/t/publicly-announced-iota-real-world-projects-tracker/1820
full member
Activity: 179
Merit: 100
August 23, 2017, 12:10:53 PM
out of curious i wonder is there already a real use case of machine to machine for iota now?
member
Activity: 108
Merit: 10
August 23, 2017, 11:35:21 AM
Are there any news yet on the satoshi pay implementation??
full member
Activity: 448
Merit: 103
August 23, 2017, 07:13:41 AM
Secure seeds can be generated on https://iotaseed.io!

They're based on mouse entropy, and paper wallets can be generated too!

https://iotaseed.io is not safe, nor approved by anyone.
you are a newbie account that spreads this page almost everywhere.

On Reddit same behavior: new account, you already shared it 15 times.

NOT SAFE, DON'T USE IT



Absolutely agree! Looks like some kind of scam.
jr. member
Activity: 56
Merit: 1
August 23, 2017, 06:12:49 AM
Secure seeds can be generated on https://iotaseed.io!

They're based on mouse entropy, and paper wallets can be generated too!

https://iotaseed.io is not safe, nor approved by anyone.
you are a newbie account that spreads this page almost everywhere.

On Reddit same behavior: new account, you already shared it 15 times.

NOT SAFE, DON'T USE IT

legendary
Activity: 2380
Merit: 1085
Money often costs too much.
August 23, 2017, 05:43:05 AM

Let us take a look at that,
Code:
-join ([char[]](65..90+57..57)*100 | Get-Random -Count 81)
Is weak because of the low entropy originating from Get-Random, which looks to be deterministic?

Actually I don't know it's inner workings. Might get seeded by systemclock only, then refeeding last cycle output into it again and again, seen similar in a Lehmer RNG. And there had not been that many seconds in existance between hitting Bitfinex, and today at noon. A month has (365/12)*24*60*60=2,627,994 seconds which are walked throu in a half minute.
But brute force testing each resulting adress using a lightnode wallet still takes ages. You would have to regenerate 50~100 adresses from resulting seed, and connect & shutdown from the node.
At least some node operators might ring the alarm bell.

My own concern, having used a BMTKRG ("blind monkey typing keyboard random generator") and then uppercasing the mess, replacing impossible chars with 9s ... there are low entropy string parts possible, too. But true randomness requires substrings like KJDSBIIUUUUJBHDS, too. How secure are "blank parts" like LUSDHG999999999999999999SDKLGJB ?
hero member
Activity: 690
Merit: 501
August 22, 2017, 09:35:37 PM
Secure seeds can be generated on https://iotaseed.io!

They're based on mouse entropy, and paper wallets can be generated too!

...Or you can type your own seed... It's not hard... 81 uppercase letters and a few 9's mixed in. Grin

Not saying this guy is a scammer... but DO NOT trust anyone with your seed unless you see the source code or create it yourself!!!

Literally just 81 random characters, A-Z and 9s
full member
Activity: 294
Merit: 100
August 22, 2017, 05:44:26 PM
this is the real good question...if not, this is just another promise of a project...way to many these days
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