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Topic: IOTA - page 409. (Read 1473405 times)

sr. member
Activity: 360
Merit: 250
January 09, 2017, 01:31:20 PM
legendary
Activity: 1344
Merit: 1000
January 09, 2017, 07:52:17 AM
How does Iota deal with spam?

Ive run an Iota node and seen much spam transactions. There is a PoW for sending a transaction? Is that PoW difficulty adjusted, whats stopping a bitcoin miner or other asic/gpu from spamming everything with dumb transactions?

Each transaction requires a PoW. The more transactions/spam is in the network the more secure is the network (it's like putting more mining power into bitcoin blockchain) and the faster is confirmation time. You are welcome to spam as much as you like!  Smiley

How does Iota solve the "parasite tangle" problem?

Section 4.1 A parasite chain attack and a new tip selection algorithm
in whitepaper is a good starting point.

sr. member
Activity: 378
Merit: 250
January 09, 2017, 07:29:30 AM
How does Iota deal with spam?

Ive run an Iota node and seen much spam transactions. There is a PoW for sending a transaction? Is that PoW difficulty adjusted, whats stopping a bitcoin miner or other asic/gpu from spamming everything with dumb transactions?

How does Iota solve the "parasite tangle" problem?
legendary
Activity: 1344
Merit: 1000
January 08, 2017, 02:23:45 PM
Is there a market anywhere yet for those of us that want to buy in and missed the initial distribution?

Currently here https://bitcointalksearch.org/topic/iota-buying-selling-1550236
Use escrow.
full member
Activity: 180
Merit: 100
January 08, 2017, 02:14:09 PM
Is there a market anywhere yet for those of us that want to buy in and missed the initial distribution?
hero member
Activity: 503
Merit: 502
January 08, 2017, 01:34:43 PM
I will try to regularly summarize the news and the status as it is relatively difficult to keep track of everything over Slack.

News beginning from 01.01.17:
Year-review: https://medium.com/iotatangle/iota-year-in-review-year-in-preview-6de510696e02
Byteball vs IOTA-token. Basic features and field of application explained! http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/
Artikel from bitcoin magazine on NASDAQ (short mention): http://www.nasdaq.com/article/blockchain-technology-to-power-next-generation-distributed-supercomputers-cm728742
Current revealed Foundation members: https://forum.iotatoken.com/t/current-revealed-foundation-members/1098
German article: Wie mit Blockchain völlig neue Ansätze im Cloud-Computing verfolgt werden können
Article from Carsten Stöcker (foundation member):   Thomas Birr and Carsten Stöcker of innogy SE look at how transportation will meet blockchain transactions


Wallet/Nodes:
Actual wallet (GUI), v2.0.2-1: https://github.com/iotaledger/wallet/releases
IRI (for nodes without GUI): http://85.93.93.110/iri-1.1.2.3.jar

Guide for a headless node: http://iotasupport.com/headlessnode.shtml
Guide for the GUI: http://iotasupport.com/guiwallet.shtml

In slack is an active community, nevertheless if you have a problem with the GUI or your node you can contact me directly and I will try to help you! "Mark W" @rage1337
https://iotatangle.slack.com

Actual I rent 4 nodes (all 24/7 VPS) and can also provide you a neighbor IP. I would be glad if you support me, one single node is not that expensive but many are  Wink
I would use your donation exclusively to operate further nodes with which I support the community and IOTA, thank you!
BTC: 15x2uRCvRah8dogXNguCEVKxr94JhTkBWm

Light-wallet tests are expected to start next week! Should I be selected as a tester I try to report Cool


Misc:
Good start for newcomer: http://iotasupport.com/
View current transactions, network load and the tangle graph http://iota.cool/
sr. member
Activity: 360
Merit: 250
January 07, 2017, 09:27:46 PM
Byteball vs IOTA-token. Basic features and field of application explained!
http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/
I am not familiar with IOTA, is there 2.78*10^15 IOTA? unless the author counted digits wrong again, I read somewhere 40K IOTA worth 1 BTC? this mean IOTA market cap worth 70 billions BTC??? I must missed something here...
This article is wrong to say there are 10^12 bytes, lol. There are 10^15 bytes, isn't it? The author is apparently weak in Math and does not count zeros correctly.
the author just copied it wrong. will change it soo. thanks for the hint.

you miss something.
 

legendary
Activity: 2044
Merit: 1055
January 07, 2017, 08:11:51 PM
Byteball vs IOTA-token. Basic features and field of application explained!
http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/

This article is wrong to say there are 10^12 bytes, lol. There are 10^15 bytes, isn't it? The author is apparently weak in Math and does not count zeros correctly.

I am not familiar with IOTA, is there 2.78*10^15 IOTA? unless the author counted digits wrong again, I read somewhere 40K IOTA worth 1 BTC? this mean IOTA market cap worth 70 billions BTC??? I must missed something here...

You're right:

Quote
The total number of bytes is 1015, all bytes will be issued in the genesis transaction. Since the fees paid are returned into the circulation, the money supply will remain the same.
hero member
Activity: 868
Merit: 1003
January 07, 2017, 07:01:16 PM
Byteball vs IOTA-token. Basic features and field of application explained!
http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/

This article is wrong to say there are 10^12 bytes, lol. There are 10^15 bytes, isn't it? The author is apparently weak in Math and does not count zeros correctly.

I am not familiar with IOTA, is there 2.78*10^15 IOTA? unless the author counted digits wrong again, I read somewhere 40K IOTA worth 1 BTC? this mean IOTA market cap worth 70 billions BTC??? I must missed something here...
ImI
legendary
Activity: 1946
Merit: 1019
January 07, 2017, 06:21:03 PM

That makes Iota capitalization around 16K BTC? Looks pretty good, still some room to grow.

Could you point me to pages or an article when everything changed? I remember there was a regular ICO with total supply of 1 billion Iota if I'm not mistaken. Now there are Gi, Ti etc. I missed that.

That might help: http://www.iotasupport.com/
legendary
Activity: 1806
Merit: 1001
January 07, 2017, 06:08:46 PM

That makes Iota capitalization around 16K BTC? Looks pretty good, still some room to grow.

Could you point me to pages or an article when everything changed? I remember there was a regular ICO with total supply of 1 billion Iota if I'm not mistaken. Now there are Gi, Ti etc. I missed that.
ImI
legendary
Activity: 1946
Merit: 1019
legendary
Activity: 1806
Merit: 1001
legendary
Activity: 2044
Merit: 1055
January 06, 2017, 08:36:23 PM
Byteball vs IOTA-token. Basic features and field of application explained!
http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/
hero member
Activity: 854
Merit: 1000
https://iota.org/
sr. member
Activity: 269
Merit: 250
January 04, 2017, 08:59:04 PM
two useful resources (/tutorials) to get started with IOTA - http://iotasupport.com/ and https://iota.readme.io/v1.1.0/docs
sr. member
Activity: 247
Merit: 250
January 04, 2017, 04:54:03 PM
Okay, i have reached the next hurdle. I gathered 9 neighbors and now only one is operational.

I don't have the time, i wait for better client

After 3 installs on 3 different computer and still getting 6000/6000 issues I've come to the end of my technical limits. Very frustrating and i hope there is a simpler solution coming soon. It's stressful with money on the line

Up your technical limits, you bought cutting edge IoT tech. Yes, this is 100% serious, I am getting quite tired of seeing how little effort certain people put into this, expecting to just 'one click' themselves through this without any effort whatsoever to actually understand the underlying tech or vision of the project.

Fair enough; I'll keep at it

Success finally. Latest version installed,claimed, all happy.
sr. member
Activity: 332
Merit: 252
hero member
Activity: 854
Merit: 1000
https://iota.org/
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
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