Author

Topic: IOTA - page 731. (Read 1473233 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
November 17, 2015, 08:21:20 PM

Thx for the link, good to see someone with credentials thats not hiding behind a anon wall and it got me watching Markov chains video's. Lol

I am not sold on the idea that yet another coin (token ATM) needs to be created in order to solve the only serious issue I see with current solutions.

What is this issue? (We see more than one, btw.)

That is what I asked the OP to provide in bullet points and why this solves those issues. I want to know why creating an entire infrastructure to solve these varied issues is preferable to correcting them in existing projects. Adding those points to the op would not be the worst idea I can think of either.
legendary
Activity: 1225
Merit: 1000
November 17, 2015, 05:41:28 PM
Is tangle pruning planned, or is bloat not a concern?

Pruning should be considered after we see how popular oracling function will be.

What does oracling function do? I can't remember that you wrote about it.
legendary
Activity: 2142
Merit: 1009
Newbie
November 17, 2015, 05:12:45 PM
Is tangle pruning planned, or is bloat not a concern?

Pruning should be considered after we see how popular oracling function will be.
legendary
Activity: 1225
Merit: 1000
November 17, 2015, 05:08:49 PM
Is tangle pruning planned, or is bloat not a concern?
legendary
Activity: 2142
Merit: 1009
Newbie
November 17, 2015, 04:58:02 PM
In Iota, if I am correct, most of the nodes will be light nodes and not store the full copies of the ledger. I wonder which nodes will store the full copies of the ledger.

Nodes will store the full copy at some moment in the past, depending on TPS that moment will move further from or closer to the present.
hero member
Activity: 763
Merit: 500
November 17, 2015, 04:13:39 PM
In Iota, if I am correct, most of the nodes will be light nodes and not store the full copies of the ledger. I wonder which nodes will store the full copies of the ledger.
legendary
Activity: 2142
Merit: 1009
Newbie
November 17, 2015, 02:31:00 PM
Come-from-Beyond, I have a question regarding transactions per second. Dan Hughes brought up 2000 per second for eMunie (going live Q1 next year). You have had some discussions with him. Will IOTA be able to compete with this number?

Many thanks in advance Sir!

It's hard to compare Iota and eMunie TPS because of different processing principle. Iota provides only payment, without other features of eMunie, it's like comparing apples to oranges.
hero member
Activity: 1069
Merit: 682
November 17, 2015, 02:19:52 PM
Come-from-Beyond, I have a question regarding transactions per second. Dan Hughes brought up 2000 per second for eMunie (going live Q1 next year). You have had some discussions with him. Will IOTA be able to compete with this number?

Many thanks in advance Sir!
legendary
Activity: 2142
Merit: 1009
Newbie
November 17, 2015, 12:20:27 PM
I am not sold on the idea that yet another coin (token ATM) needs to be created in order to solve the only serious issue I see with current solutions.

What is this issue? (We see more than one, btw.)
sr. member
Activity: 376
Merit: 300
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
November 17, 2015, 11:39:24 AM

Sergue, have you ever worked on engineering bio-weapons?

No, that's another guy with the same name. If you continue searching, you'll find a famous violinist as well - that's not me.  Smiley

Thx, Could you link your academic background please?

I've been wondering when this would be addressed. Applicable QC is alot closer than people realize.

Sergue, have you ever worked on engineering bio-weapons?

Also I don't quite see the rational for the need to create a completely different method as opposed to changing to a QC resistant algorithm such as polynomial.

https://en.wikipedia.org/wiki/Post-quantum_cryptography
http://csrc.nist.gov/groups/SMA/ispab/documents/minutes/2015-06/ispab_june-11_quantum_lchen.pdf
https://www.cs.elte.hu/blobs/diplomamunkak/msc_mat/2012/nemes_antal.pdf

Could you rephrase the question?

Are you wondering why we did the Tangle instead of Blockchain?

I am wondering why the need to replace the blockchain at this time. I am not sold on the idea that yet another coin (token ATM) needs to be created in order to solve the only serious issue I see with current solutions. I am also wondering if current solutions can be upgraded to this tangle with a fork? I understand that alot of work has obviously been put into this effort but I can see a few other methods to monetize this than the creation of yet another coin. Why not propose to the larger Alt projects they morph into this tangle for a fee and use them as a testbed to prove to bitcoin that this would be a hard fork worth pushing. If this were accomplished I see the funding flowing and the infrastructure will not have to be built from the ground up. I am still trying to digest the whitepaper (the math is beyond me) so could you list the bullet points for the advantage/disadvantages v/s blockchain tech.

Also
Quote
that  one  needs  to  check  in  order  to  nd  a  suitable  hash  for  issuing  a  transaction
is not so huge, it is only around 3
8
.  The gain of eciency for an \ideal" quantum
computer would be therefore of order 3
4
= 81, which is already quite acceptable (also,
remember that (
p
N
) could easily mean 10
p
N
or so).  Also, the algorithm is such
that the time to nd a nonce is not much larger than the time needed for other tasks
necessary to issue a transaction,  and the latter part is much more resistant agains
quantum computing.
Therefore, the above discussion suggests that the tangle provides a much better
protection against an adversary with a quantum computer compared to the (Bitcoin)
blockchain

Saying the time is not much larger is not quantitative. Bloat and TTC are subjective. I'm glad you added the qualifier "Suggests" as I do not see it proven but like I said I cannot follow the math, that is for smarter people than me. Smiley

Typo in red.

Goddamn I hate quoting from PDF's why do you people continue to use them? Stinking browser plugin failed and I lost all those tabs in the window with the PDF. PDF's are unsafe.

ANYTHING ADOBE IS UNSAFE!!!!


I finish redoing this later as I have to flush the cache and remove this browser from memory to recover stability and I have pages to backup before that.
hero member
Activity: 1069
Merit: 682
November 17, 2015, 11:00:16 AM
I wrote a comprehensive article about IOTA usage and how it fits into the IoT ecosystem:

https://medium.com/@DavidSonstebo/iota-97592581f985

Nice work David, I like graphical work. Also the logo of IOTA is really great. It’s not just about tech in Cryptos, even things like a nice Logo can help to get attention.
legendary
Activity: 1540
Merit: 1000
sr. member
Activity: 376
Merit: 300
November 17, 2015, 10:38:12 AM

Sergue, have you ever worked on engineering bio-weapons?

No, that's another guy with the same name. If you continue searching, you'll find a famous violinist as well - that's not me.  Smiley
hero member
Activity: 714
Merit: 500
November 17, 2015, 10:31:14 AM
I've been wondering when this would be addressed. Applicable QC is alot closer than people realize.

Sergue, have you ever worked on engineering bio-weapons?

Also I don't quite see the rational for the need to create a completely different method as opposed to changing to a QC resistant algorithm such as polynomial.

https://en.wikipedia.org/wiki/Post-quantum_cryptography
http://csrc.nist.gov/groups/SMA/ispab/documents/minutes/2015-06/ispab_june-11_quantum_lchen.pdf
https://www.cs.elte.hu/blobs/diplomamunkak/msc_mat/2012/nemes_antal.pdf

Could you rephrase the question?

Are you wondering why we did the Tangle instead of Blockchain?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
November 17, 2015, 10:02:28 AM
I've been wondering when this would be addressed. Applicable QC is alot closer than people realize.

Sergue, have you ever worked on engineering bio-weapons?

Also I don't quite see the rational for the need to create a completely different method as opposed to changing to a QC resistant algorithm such as polynomial.

https://en.wikipedia.org/wiki/Post-quantum_cryptography
http://csrc.nist.gov/groups/SMA/ispab/documents/minutes/2015-06/ispab_june-11_quantum_lchen.pdf
https://www.cs.elte.hu/blobs/diplomamunkak/msc_mat/2012/nemes_antal.pdf
hero member
Activity: 714
Merit: 500
November 17, 2015, 09:38:46 AM
I wrote a comprehensive article about IOTA usage and how it fits into the IoT ecosystem:

https://medium.com/@DavidSonstebo/iota-97592581f985
legendary
Activity: 2142
Merit: 1009
Newbie
November 17, 2015, 04:29:52 AM
What algorithm will IOTA use, can I mine it?

Iota is not mineable.
legendary
Activity: 1098
Merit: 1000
Angel investor.
November 17, 2015, 12:20:16 AM
What algorithm will IOTA use, can I mine it?
legendary
Activity: 2142
Merit: 1009
Newbie
November 16, 2015, 05:42:05 PM
An idea has come to my mind. We could use a quantum computer to check SHA256 digests for different patterns by using Kuperberg's quantum sieve algorithm, this would let us to assess how secure SHA256 is. No patterns = hash function is close to random oracle. We could do the same for any algorithm even if it requires petabytes of RAM, we need only digests.
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