Author

Topic: IOTA - page 613. (Read 1473233 times)

legendary
Activity: 2142
Merit: 1009
Newbie
March 25, 2016, 10:58:06 AM
@CfB: How confident are you we will survive initial network attacks? My sense is the bigger we get the tougher we are (like BTC) but till then we remain "weak". Thoughts?

100% confident because we have an ace up our sleeve.
hero member
Activity: 812
Merit: 1000
March 25, 2016, 10:43:48 AM
Has testing thus far not given any indications? Or is it a case of waiting to see what happens in the wild (see my post above)
(Thanks @CfB)

We need wild testing.

A simple Yes would have sufficed Wink

@iotatokem : what of the Foundation Q's (pls see above)
@CfB: How confident are you we will survive initial network attacks? My sense is the bigger we get the tougher we are (like BTC) but till then we remain "weak". Thoughts?

Thanks man, u rock.
legendary
Activity: 2142
Merit: 1009
Newbie
March 25, 2016, 10:40:41 AM
Has testing thus far not given any indications? Or is it a case of waiting to see what happens in the wild (see my post above)
(Thanks @CfB)

We need wild testing.
hero member
Activity: 812
Merit: 1000
March 25, 2016, 10:39:58 AM
How long should we expect a confirmation time to take?

Noone knows yet.

Has testing thus far not given any indications? Or is it a case of waiting to see what happens in the wild? (see my post above)
(Thanks @CfB)
legendary
Activity: 2142
Merit: 1009
Newbie
March 25, 2016, 10:31:39 AM
How long should we expect a confirmation time to take?

Noone knows yet.
hero member
Activity: 812
Merit: 1000
March 25, 2016, 10:23:54 AM
I hope this isn't a repeat of a question previously asked, but has anyone with a test version running been able to model confirmation times? I am not a developer so I am just guessing but it seems confirmations are probabilistic, maybe based on aging of open nodes being merged to rule out doublespends.

Because there is always the possibility of receiving a double spent token, one strategy is to immediately respend the token and hope to receive value before the transaction is potentially invalidated.  If a merge fails because of a conflicting transaction, is the doublespend flagged so future spends aren't mistakenly accepted?

Is there a simple way to explain how the system optimizes merging open nodes to miminize probablistic confirmation?

Sorry it this doesn't make sense but very interested in understanding how it works.

Thanks!

Seems like good questions.

How long should we expect a confirmation time to take?

More generally speaking Im seeing a lot of bullish speculation here which is always fun, but its worth remembering that IOTA still has to prove itself in the wild. Blockchain tech is as valuable as it is in part due to the fact it has proven its security model over time, and has survived hackers trying to beat it down and penetrate it.

If IOTA survives its baptism by fire and gets through a few weeks/months without calamity then the bullish speculation above will indeed be merited.
IOTA is still vulnerable to 51% attacks and the cost of attack is exponentially less than other crypto (no tx fees and no need to send IOTA at all in a tx).

It is only a matter of time before someone tries to spam, DDOS and/or double-spend the network.
How IOTA fares these tests will determine its future worth.

Security is proven over time.

BUMP!

+ will the two individuals being approached in the "deal" be sitting on the Foundation Board?
+ who else will sit on the Board?
+ will said individuals draw a salary from the Foundation?
+ All the money being collected >> how will the funds be allocated?,

thanks

PS IF one of the individuals is Stefan Tual… I have a follow-up Q regarding sweaty Frenchmen. (this is a joke altho guys who over-sweat make me nervous, for obvious reasons)
legendary
Activity: 1470
Merit: 1004
March 25, 2016, 10:20:54 AM
Stop sending mails to IoT Directory

While the generic intro mail to IOTA is a good one for opening convo around IOTA, it is proving detrimental. I have received several complaints from companies that have been bombarded with numerous IOTA mails about the same thing, making us look extremely unprofessional. So I call for a complete cease to cold call mails to prevent further damage to the IOTA brand.

This is exactly why it would have been smart to administrate a referential listing with all companies already contacted.
Now this is a smog of spams...  Undecided

It was a stupid idea in the first place. It's comes off as very unprofessional and permanently damaging when users here spam corporate contacts.  IF you want to help, find contact info for people in the IoT space and send that info to David, so he can reach out directly on behalf of IOTA.
newbie
Activity: 24
Merit: 0
March 25, 2016, 09:28:54 AM
Stop sending mails to IoT Directory

While the generic intro mail to IOTA is a good one for opening convo around IOTA, it is proving detrimental. I have received several complaints from companies that have been bombarded with numerous IOTA mails about the same thing, making us look extremely unprofessional. So I call for a complete cease to cold call mails to prevent further damage to the IOTA brand.

This is exactly why it would have been smart to administrate a referential listing with all companies already contacted.
Now this is a smog of spams...  Undecided
legendary
Activity: 2226
Merit: 1014
March 25, 2016, 08:56:46 AM
 
so without wallet how can we buy?

you are paid per post aren't you?  Grin

those signature campaigns at btt gettin really annoying lately.

 Grin Grin Grin Grin Grin lollero
ImI
legendary
Activity: 1946
Merit: 1019
March 25, 2016, 08:31:57 AM
so without wallet how can we buy?

you are paid per post aren't you?  Grin

those signature campaigns at btt gettin really annoying lately.
hero member
Activity: 714
Merit: 500
March 25, 2016, 08:16:15 AM
Stop sending mails to IoT Directory

While the generic intro mail to IOTA is a good one for opening convo around IOTA, it is proving detrimental. I have received several complaints from companies that have been bombarded with numerous IOTA mails about the same thing, making us look extremely unprofessional. So I call for a complete cease to cold call mails to prevent further damage to the IOTA brand.
hero member
Activity: 854
Merit: 1000
https://iota.org/
March 25, 2016, 07:55:49 AM
so without wallet how can we buy?
Have a look please, here
legendary
Activity: 2226
Merit: 1014
March 25, 2016, 07:28:07 AM
so without wallet how can we buy?
hero member
Activity: 854
Merit: 1000
https://iota.org/
March 25, 2016, 06:49:29 AM
Thought I would share this with you guys:

https://www.youtube.com/watch?v=sioZd3AxmnE

Must see and understand everybody!
hero member
Activity: 812
Merit: 1000
March 25, 2016, 06:42:39 AM
I hope this isn't a repeat of a question previously asked, but has anyone with a test version running been able to model confirmation times? I am not a developer so I am just guessing but it seems confirmations are probabilistic, maybe based on aging of open nodes being merged to rule out doublespends.

Because there is always the possibility of receiving a double spent token, one strategy is to immediately respend the token and hope to receive value before the transaction is potentially invalidated.  If a merge fails because of a conflicting transaction, is the doublespend flagged so future spends aren't mistakenly accepted?

Is there a simple way to explain how the system optimizes merging open nodes to miminize probablistic confirmation?

Sorry it this doesn't make sense but very interested in understanding how it works.

Thanks!

Seems like good questions.

How long should we expect a confirmation time to take?

More generally speaking Im seeing a lot of bullish speculation here which is always fun, but its worth remembering that IOTA still has to prove itself in the wild. Blockchain tech is as valuable as it is in part due to the fact it has proven its security model over time, and has survived hackers trying to beat it down and penetrate it.

If IOTA survives its baptism by fire and gets through a few weeks/months without calamity then the bullish speculation above will indeed be merited.
IOTA is still vulnerable to 51% attacks and the cost of attack is exponentially less than other crypto (no tx fees and no need to send IOTA at all in a tx).

It is only a matter of time before someone tries to spam, DDOS and/or double-spend the network.
How IOTA fares these tests will determine its future worth.

Security is proven over time.
legendary
Activity: 1092
Merit: 1000
March 25, 2016, 06:09:11 AM
Thought I would share this with you guys:

https://www.youtube.com/watch?v=sioZd3AxmnE
hero member
Activity: 561
Merit: 500
Institute of Advance Blockchain Research
March 25, 2016, 05:59:20 AM
where i can get some IOTA? thanks

Visit this thread if you want to acquire some precious IOTA before the release.

https://bitcointalksearch.org/topic/iota-iota-speculation-1360660
the bread i do buy everymorning is precius, dont think iota! Cheesy


If you're careful, Iota will bring you your precious bread. Smiley

I think you might want to look a little closer. You don't see this stuff everyday.

Welcome. It's nice to see a new face.  Smiley

Quote from: peer2peer360 on Today at 05:11:47 AM

Iota rate : rising daily (constant)

500 Iota = 1 btc (coming soon to an exchange near u)

100 iota = 1 btc (coming sooner than u think at an exchange near you)

 50 iota  = 1 btc ( ask yourself how do we know this to be a truth, we'll the moment of its arrival inevitable.


Current rate = irreverent to the "real truth of the matter" 
With the crypto 2.o - 3.o projects + mainstream adoption + internet~of~things coming (iota @ the center of it with a shinning spotlight on it) as a  brand new technology Its Destine to become one of the most disruptive [ I coin the term "interceptive"] innovations in the 21st century.

It's obvious to only a select few of you (the gifted) with a extraordinary vision, to be able to see the writing on the wall.

Cfb has developed a tech that is awaking the crypto
Community to even somthg greater by design.
Major capital interest usually follows wheres there's real innovation is.. some still don't get it "the big deal"..
Ask yourself again "how long did it take major interest to notice iota innovation" [in no time]

I could be wrong normally & usually i am.
Be prepared for panic buying when new innovation. (Iota)
Arrives on the exchanges, maybe im getting ahead of myself & taking alot of risk by projecting ahead that

 " Iota market cap can easily supercede Ethereum" & cause wave shock through the cypto market.

          Iota future success seems to be promising

  New innovation = major interest = news = market frenzy

Peer2peer36o
hero member
Activity: 714
Merit: 500
March 25, 2016, 02:31:58 AM
How do I mine this stuff already before I lose interest?

Mining is 2008
hero member
Activity: 832
Merit: 500
March 25, 2016, 02:18:49 AM
How do I mine this stuff already before I lose interest?
hero member
Activity: 690
Merit: 501
March 25, 2016, 12:00:07 AM
We will hit 10k satoshis, easily.
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