Topic: IOTA is the next big thing - page 23. (Read 45441 times)

Yes Iota is going to be a big thing. Iota is a distributed ledger for the Internet of things (IoT), IoT is going to be worth 6-8 trillion dollar markets by 2020 and it is forecast to generate $11 trillion by 2025, Companies like Microsoft, Dell are investing for IoT, all this brings Iota a huge potential to increase his value and develop his project in a growing industry as IoT. As today Iota market cap is close to 8 billion which still low and could increase 3x easy to get to top 5 in 2018, in a long term it could increase 5x , 7x easy.

Michael Nilles added to IOTA Foundation: https://blog.iota.org/welcome-michael-nilles-to-the-iota-foundation-403feb15bb6a

Michael Nilles is executive member of the Board of Directors and Chief Digital Officer (CDO) for Schindler. Michael also serves on the Supervisory Board of Deutsche Lufthansa AG.

Michael brings more than 20 years of experience spearheading digital innovation and large-scale digital transformations for multi-billion industrial businesses. As an early adopter of the Industrial Internet, he gained extensive knowledge in deploying smart, connected and data-driven capabilities at scale and developing new digital business models.

Prior to joining Schindler, he held various executive management positions at Mannesmann and Bosch Rexroth. As CIO of Bosch Rexroth, he digitized the entire value chain driving operational excellence. Michael began his career as software engineer at SAP. During international assignments, he worked and lived for several years in China and in the US.

He holds a master’s degree in business administration and computer science from the University of Cologne, Germany and is an alumnus of Kellogg School of Management, Northwestern University, USA. In 2015 he received the MIT Sloan Leadership Award.

https://www.elaad.nl/news/vedecom-and-elaadnl-collaborate-on-connection-e-mobility-and-power-systems/

IOTA's partner Elaad is partnering with France's Vedecom--hopefully this will be to create charging stations across France and the Netherlands with IOTA as the payment system (though obviously, this is only speculation).

State Secretary for Infrastructure and Water Management, Van Veldhoven: “Charging your electric vehicle should be as easy as charging your phone. This agreement between a French and a Dutch company is therefore a great step towards a European platform of interoperability. Together, France and the Netherlands can find ways to make charging and electric driving as easy as possible. That knowledge is essential for making transportation cleaner, fighting climate change and fulfil the Paris agreements.

Trading opened on Houbi

https://www.huobi.pro/de-de/iota_usdt/exchange/

Glad you liked it. Hope the same for you.

The reason I like Iota is because of the value proposition in terms of how it can save people money.    Look at the dotcom bubble and which companies came out on top.  It was the ones that gave value, in terms of savings to their users.  Ebay, for instance.  They were the collective rummage sale of the internet. 

When the bull market ends in stocks (and it will,) there will be extreme pain in the crypto space.  People tend to sell the highly speculative investments first.  The ones that survive (then thrive) will be the ebays of the crypto world, like IOTA, IMHO. 

I was very interested in reading your article about IOTA, it might be on it's way to 30 billion cap, it's at over 6 billion right now!!  Although some replies to this post pointed out some problems, they will solve the problems and be a huge company.  Thank you for this post and good luck with your new investments as well!

Does anybody know how many other DAG clones are floating around out there?

Short, common sense article on why IOTA's price will increase: https://medium.com/@Fevzii/iota-the-biggest-value-spike-has-yet-to-come-9e228487d4a2



 

I agree, the phrase and the wallet itself is something I've never liked about IOTA. However the Trinity wallet is just around the corner, and it's looking amazing.

Interesting speculation on Q's use for decentralized margin trading. https://medium.com/@micro_hash/how-iotas-qubit-might-be-on-the-verge-of-revolutionizing-finance-6f1776ae82b0

price was a charm https://www.coingecko.com/en/price_charts/iota/usd

Crypto Kitties should be fine on the tangle.

Also I suppose  the sistem will be scalable compared to  Ethereum smart contracts

what do you think ?

Good blog post outlining Q's potential impact: https://vxcompany.com/2018/05/04/qubic-update-potential-impact/

Unknown.

There may be instances where you have to pay and you don't have to pay. Or it may be all pay or not. What I'm wondering is, "Are cheaper than Ethereum and other smart contract platforms?"

If I had to wager, I'd bet at least some contracts require payment as you are asking for the use of computer resources and someone has to pay the cost. I'd also bet they are cheaper due to IOTA's network efficiency.

Basically do you have to pay  to use the  smart contract on IOTA

We don't even know if the smart contracts will be with oracles and/or on the IOTA network (both have been researched by the IF), so I'd wait to ask when that is known--likely, a month as was stated in https://qubic.iota.org/

I have  to admit  that IOTA is  one  of my hodling  coin.

But  I have  a  decent IQ, so my question  is

the  oracles  are necessary to bring  the real world data into the  tangle, ok

The  Blockchain has  a   project for  decentralized  oracles.  Its  name  is  Chainlink. Remember this  name,  because  you will be shocked  from its  moon mission

Well  Smart contracts can not  interact  with the  real  world data. Smart contract  can only interact  with  on chain data.  They need  an   adaptar  for  real  world  data.

The  solution is Chainlink.

In Chainlink  you stake  your  LINKS  and  if  an oracle  acts  bad, it  loses  all its LINK  tokens... this  open the  possibilities to have DECENTRALIZED  ORACLES


WHICH  NO  PROJECT  GET


The Oracle  which provide  the correct data  is   rewared  with LINK   tokens.  All is  very trustworty and trustless


IOTA  HAS INTRODUCED  ORACLEs  in project...  so this scaries me, because  I am  a  Chainlink  hodler.

My question  is


 In  a sistem  wich  has no  reward for the people  who stake  their  IOTA,  like the Tangle is supposed to be,  how  can they run a DECENTRALIZED ORACLE SERVICE?

WHAT  HAPPENS TO THE  ORACLES  WHICH  MAY  ACT  IN A  BAD  WAY?  ORACLES  WHICH MAY ACT  AGAINST  THE NETWORK INTERSTS?.

IF  YOU  ANSWER  TO  THIS  HIGH  IQ   QUESTION,  I  WILL ADD  EVEN  MORE IOTA.  I  HAVE  ALREADY SOME  IOTA, I  WILL BUY MORE AND MORE


Seriously  can you answer to that  question?

I am  very  exciting about  IOTA, despite all the retarded  FUD  around internet,  but  I would  like to know  if  their  Oracle will be  CENTRALIZED or  decentralized


And  if  they  will be  decentralized,  WHAT  WILL PREVENT A   MALICIOUS  NODE  TO ACT AGAINST  THE NETWORK?

Iota tie-up with Taiwan based Fujitsu  automative gave lot of new expectations iota holders and IOTA is working close to AI and IOT technologies in crypto currency space IOTA will recreate a new technology innovation in the market