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Topic: IOTA - page 45. (Read 1473405 times)

member
Activity: 183
Merit: 10
July 18, 2018, 10:34:34 PM
So, what about sending tons of money per transaction ?1% of fees, like in other crypto, is a lot of money if you send thousands every days). To me, the fee-less system looks very interesting for sending large amount of money (just 0.Why Iota always say their system is good for "micro-payement", and not just " any payment
legendary
Activity: 1554
Merit: 1044
July 18, 2018, 02:50:40 PM
IOTA Summer Summit 2018 - Full report, many photos  Smiley

In the serene surroundings of Norway’s Oslofjord the IOTA Foundation had its first official summit.



https://blog.iota.org/iota-summer-summit-2018-9f9ced6ec1fe
sr. member
Activity: 728
Merit: 251
July 18, 2018, 12:03:08 AM
Good afternoon. A trillion dollars will be but after 5 years, I think. The coin is interesting with a great future. I wish everyone good luck.

The Internet of things will be a trillion dollar industry, and perhaps the future will be bigger. I think iota can grow much more but they need to make it completely decentralized.
full member
Activity: 199
Merit: 101
July 16, 2018, 02:54:25 AM
I'm currently comparing other IoT projects to IOTA, and it seems to me that IOTA really lacks critical features.

One of these is privacy: I mean, how can IOTA ever become the infrastructure of IoT if it can't guarantee privacy? Connecting IoT devices to a global network means sharing very personal informations, possibly more than what we share now on socials by means of our smartphones. What about our home devices? And health data?

Also I've been left to the status of IOTA in October 2017: at that time the wallet was having huge problems connecting and transactions didn't go through. How is the transaction time at the moment? Is it like 2 minutes as someone wrote above? If so, how do you expect IOTA to support IoT transactions? In IoT scenarios, embedded devices are expected to react relatively quickly to changes in the environment (think of house doors closing when I leave my apartment... 2 minutes looks like enough time for a thief to make it into my house).

There are excellent blockchain solutions popping up out there, look at IoTex: is IOTA going to be up to it? Honestly, I don't think so.
Please list the mainnet active IOT projects first. Grin
legendary
Activity: 1554
Merit: 1044
July 15, 2018, 03:13:43 PM
Really good article  Smiley

Fascinating article: "IOTA: A DISTRIBUTED FRAMEWORK FOR DATA-DRIVEN MACHINE INTELLIGENCE" by Martin Banov, published by Coin Pupil

https://coinpupil.com/altcoins/iota-distributed-framework-data-driven-machine-intelligence/

Please give this article a good read. Author makes several analogies between artificial neural networks/machine learning and the tangle. Does an exceptional job at explaining the tangle in high level terms, with great detail in such a short article.

https://www.reddit.com/r/Iota/comments/8yzhj6/fascinating_article_iota_a_distributed_framework/
newbie
Activity: 8
Merit: 1
July 14, 2018, 07:44:17 AM
I'm currently comparing other IoT projects to IOTA, and it seems to me that IOTA really lacks critical features.

One of these is privacy: I mean, how can IOTA ever become the infrastructure of IoT if it can't guarantee privacy? Connecting IoT devices to a global network means sharing very personal informations, possibly more than what we share now on socials by means of our smartphones. What about our home devices? And health data?

Also I've been left to the status of IOTA in October 2017: at that time the wallet was having huge problems connecting and transactions didn't go through. How is the transaction time at the moment? Is it like 2 minutes as someone wrote above? If so, how do you expect IOTA to support IoT transactions? In IoT scenarios, embedded devices are expected to react relatively quickly to changes in the environment (think of house doors closing when I leave my apartment... 2 minutes looks like enough time for a thief to make it into my house).

There are excellent blockchain solutions popping up out there, look at IoTex: is IOTA going to be up to it? Honestly, I don't think so.


I doubt you really did a proper comparison or your research was sloppy.


Well, I didn't say I did a comparison, I said that I'm currently doing it, and that's the reason why I'm asking these questions.

Quote
Anyone interested in privacy and anonymity is recommended to read it.

https://blog.iota.org/research-on-private-transactions-in-iota-cd546751e2c4


I checked out your link, so based on what I can read there IOTA was not designed with privacy in mind, and research is ongoing to find a solution to implement some level of privacy, at leat transactions mixing, but that's made difficult basically because the missing "consensus/mining" concept of IOTA does not allow such feature development.

So I think we can safely say IOTA is missing a privacy feature at the moment and adding it, even a partial privacy implementation, is made complicated by the initial IOTA design.

What about transactions speed? Can anyone provide numbers on how fast transactions are getting confirmed on average, and how the confirmation speed is expected to change in a real IoT scenario where billions of devices are connected and transacting?
sr. member
Activity: 756
Merit: 269
July 14, 2018, 02:21:42 AM
MIOTA under maintenance
COBINHOOD exchange is currently implementing system maintenance for MIOTA as a fullnode issue was detected, the team is checking the issue with IOTA Foundation. Deposit and withdrawal functions of MIOTA will be temporarily suspended on the exchange, while trading is accessible as per normal during this period of time. We expect to resume MIOTA deposit/ withdrawal as soon as we can once we confirmed the issue with IOTA Foundation.
https://cobinhood.com/announcements/be54e9de-088b-48a4-bbfb-83e89a00f462
hero member
Activity: 924
Merit: 556
July 13, 2018, 06:04:28 PM
I'm currently comparing other IoT projects to IOTA, and it seems to me that IOTA really lacks critical features.

One of these is privacy: I mean, how can IOTA ever become the infrastructure of IoT if it can't guarantee privacy? Connecting IoT devices to a global network means sharing very personal informations, possibly more than what we share now on socials by means of our smartphones. What about our home devices? And health data?
...

I doubt you really did a proper comparison or your research was sloppy.

Quote
Anyone interested in privacy and anonymity is recommended to read it.
https://blog.iota.org/research-on-private-transactions-in-iota-cd546751e2c4

newbie
Activity: 8
Merit: 1
July 13, 2018, 03:05:23 PM
I'm currently comparing other IoT projects to IOTA, and it seems to me that IOTA really lacks critical features.

One of these is privacy: I mean, how can IOTA ever become the infrastructure of IoT if it can't guarantee privacy? Connecting IoT devices to a global network means sharing very personal informations, possibly more than what we share now on socials by means of our smartphones. What about our home devices? And health data?

Also I've been left to the status of IOTA in October 2017: at that time the wallet was having huge problems connecting and transactions didn't go through. How is the transaction time at the moment? Is it like 2 minutes as someone wrote above? If so, how do you expect IOTA to support IoT transactions? In IoT scenarios, embedded devices are expected to react relatively quickly to changes in the environment (think of house doors closing when I leave my apartment... 2 minutes looks like enough time for a thief to make it into my house).

There are excellent blockchain solutions popping up out there, look at IoTex: is IOTA going to be up to it? Honestly, I don't think so.
sr. member
Activity: 1022
Merit: 391
July 12, 2018, 10:52:47 AM
I read a bit of backlog and it seems to me that it has not been mentioned:

https://winiota.com/
THE FIRST DECENTRALIZED ON-TANGLE PROVABLY FAIR CASINO & AI ENHANCED SPORTSBETTING PLATFORM

from July 1st to July 14th Pre-Ico, and then from August 1st to September 1st Ico
the first Ico on Tangle Iota; initially the known Erc-20 will be released while in phase 2, Q3 2018, they will be converted 1: 1 in Tangle Iota, the first of its kind.

This is amazing news for Iota as well as its ongoing partnerships!
hero member
Activity: 1050
Merit: 506
July 12, 2018, 06:39:45 AM

LOL IOTA doesn't even work with a centralized coordinator and you are talking about removing it!! Thats classic denial... OMG. Keep it! Stay strong now!  Grin

Satoshi didn't go with Tangle because obviously its a dead end.
Compared to btc, IOTA is undervalued.
A word to all my maximalist friends, diversify now. Wink

IOTA will ever be cheap because it was not intended as a store of value or for speculation. intended for M2M communication but not sure about if IOTA is necessary in favor of. Lightning has the same functionality and can be used for M2M communication.

That is one of the funny things related to the project. It is not meant to be a store of value or even P2P payment. That's why the price is actually symbolic and it could be one of the projects with a broad usage even without increasing multiple times in value. The price peaks are purely speculative right now since most of the people don't even use any crypto project in any different way than to increase their wealth.
hero member
Activity: 896
Merit: 500
July 12, 2018, 06:28:44 AM
Posting a tar and a using certs to verify the owner of a file is easy and practically archaic. VW has been thinking of the over the air updates using IOTA; what are the benefits of this over just downloading from a site?
hero member
Activity: 827
Merit: 502
July 12, 2018, 06:24:16 AM
Is there a good (reliable) wallet which i can download and use? My IOTA is currently on Bitfinex and i'm unsure whether this is a good idea.
full member
Activity: 364
Merit: 100
July 10, 2018, 03:34:28 PM
The Internet of things will be a trillion dollar industry, and perhaps the future will be bigger. I think iota can grow much more but they need to make it completely decentralized.
legendary
Activity: 2142
Merit: 1010
Newbie
July 10, 2018, 03:29:48 PM
WilderX, I have to ban you from this thread for the post which will be deleted in few minutes. And better move to another forum with racist posts.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
July 10, 2018, 02:46:52 PM

LOL IOTA doesn't even work with a centralized coordinator and you are talking about removing it!! Thats classic denial... OMG. Keep it! Stay strong now!  Grin

Satoshi didn't go with Tangle because obviously its a dead end.
Compared to btc, IOTA is undervalued.
A word to all my maximalist friends, diversify now. Wink

IOTA will ever be cheap because it was not intended as a store of value or for speculation. intended for M2M communication but not sure about if IOTA is necessary in favor of. Lightning has the same functionality and can be used for M2M communication.
member
Activity: 169
Merit: 10
July 10, 2018, 02:43:15 PM

LOL IOTA doesn't even work with a centralized coordinator and you are talking about removing it!! Thats classic denial... OMG. Keep it! Stay strong now!  Grin

Satoshi didn't go with Tangle because obviously its a dead end.

You must be talking about a deposit/withdraw issue from a centralized crypto exchange.

IOTA works great, my transaction confirmed in 2 minutes.
https://thetangle.org/live
https://tanglemonitor.com

Check https://www.iota.org/get-started/faqs
for answers like:
What is the Coordinator and why is it needed?
When will IOTA be able to remove the Coordinator?

Compared to btc, IOTA is undervalued.
A word to all my maximalist friends, diversify now. Wink
newbie
Activity: 14
Merit: 0
July 10, 2018, 02:32:49 PM
Looking good guys! Your centralized coordinator is working as intended  Grin and still worth Billions ! Imagine that  Shocked

https://image.ibb.co/gTDtHT/IOTA_the_snakeoilcrypto.jpg

LOL right on brother IOTA's tangle isn't even working and they compare this stuff to things like QRL smh...
hero member
Activity: 924
Merit: 556
July 10, 2018, 01:44:16 PM
For two and a half days in Munich, Germany, well-known companies such as BMW, Bosch, Volkswagen, Deutsche Bahn, Amadeus, Telekom and many more will seek to move beyond the hype and demonstrate how DLT can disrupt the mobility industry by demonstrating its potential first hand.

Grin
https://blog.iota.org/iota-mobilityhackathon-in-munich-20-22-july-2018-e548102384b7
member
Activity: 196
Merit: 11
July 10, 2018, 01:28:25 PM
Iota looking for support first at $0.79, then at $0.67, then at $0.32, and finally at $0.15. If it breaks $0.15 the price will probably really crash.

https://www.tradingview.com/chart/IOTUSD/GozCO5Jm-Consolidation-is-over-Short-on-a-new-Channel-Down/
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