CFB; I haven't had much time to read over the whitepaper, but can you briefly explain IOTA's ability to interact with other Blockchain's (like BTC and ETH). I think this is a killer app that has yet to be achieve in an efficient manner by anyone else. Here is all I've gathered from the IOTA website:
Iota can communicate to blockchains such as Bitcoin and Ethereum to form a cohesive collaboration with these networks. It can strengthen these blockchains' security by providing checkpoints and also act as an oracle for smart contracts.
Can you elaborate alt all, perhaps with a use case?
Iota can communicate to blockchains such as Bitcoin and Ethereum to form a cohesive collaboration with these networks. It can strengthen these blockchains' security by providing checkpoints and also act as an oracle for smart contracts.
Can you elaborate alt all, perhaps with a use case?
More use-cases will be illustrated soon as well as more information will be made available. We were actually just talking with a core Ethereum developer about this topic. Still a lot of discussion to be done to come up with very clear overlap that everyone agrees on of course, but this will also be up to the community.
We are open to talk with any community which has a great platform, but can't support scalable micro-transactions for lightweight devices.
Okay, thanks, I figured it might be too early to get a definitive answer. It has a lot of potential use cases which is exciting!
