Topic: IOTA - Unmoderated thread - page 11. (Read 70768 times)

And in the end, it's all a competition for you. That's the point. I don't see Byteball as a competitor. Not one iota. You reveal your intentions. Wasted energy, srsly man. All for nothing. 
BB doesn't aim for the IoT. easy. It's human applications, value shifting between two people. IOTAs field is different. Why is this even discussed?

Concerning your picasso:
I'm in IOTA for ~one year now. I studied the tech, the people, the everyday development, which is transparent btw. There are flaws, and everyone would lie if he told otherwise, but that's the process of development.
But up till now, I never saw anyone lying on purpose, no one was trying to hype IOTA and for the most time, we were told to stop hyping as IOTA wasn't interested in cryptoland but in real world application and adoption.
So where are issues with credibility here? I see none, and I doubt you can judge anyone, because you're not a real part of that community.

concerning your asic-example:
they will use IOTA nonetheless because some things can't be done without it. ever heard about winternitz otss?
the ternary system? monte carlo random walk?
too many advantages NOT to use it.
And once, JINN are built in a higher number, they get cheaper, the common circle of industrial processes.
so, it can be done simpler with https api, but a quantum computer will take control in 0.0001 s. not to forget all advantages of a tangle as such are gone. like decentralization etc.

concerning your fees: they disrupt nanopayments as such. you cannot buy sensordata for prices  + fees equal to your bytes used because you would generated a GIGANTIC amount of fees. this thought is no fucking rocketscience, this is kindergarten.

and last but not least: if you really like byteball but dislike IOTA, why would you, a person whos a self-appointed expert in cryptos, waste your precious time on discrediting IOTA? Do you discredit komodo, ethereum, dogecoin, fucking potcoin or any other asset?
why not investing, and caring about life, like drinking beer, eating icecream and swinging your balls?
you LIKE to discredit IOTA because you have personal, emotional interest in harming it, because you were banned by David for trolling and for flaming without proper reasons. I see no value in that. Not even for your own sake. my life is more important than wasting time on such a worthless bullshit like these conversations here. srsly, I'm not going to elaborate any further on bullshit like this.

Thanks. See you around.

Let me explain like this,

Even if I cannot paint like Picasso, I can still tell that your painting looks like shit and Picassos doesnt.

Even you should be able to see Iota for what it is, if you had not invested in it and now your critical-thinking is malfunctioning. You just want it to happen you just want it to work. You just want the damn money. And you and I both know, IoT micro-transactions market exists, corporations are dying for it even today, they want it. They want to sell their sensors data in automated fashion.

Look at it from a different perspective, if you are developer of IoT applications, from all the developer platforms out there, and all the chips, how many support the non-existent Jinn-machine/power-hungry ASIC? How many chips today need a power-hungry ASIC, extra-chip integrated on a micro-controller, in order to "broadcast txs to other nodes" for anyway not receiving any protection? I am telling you, 0, zero, none. You do not need it, in fact it is an extra cost, both in integrating it with micro controllers, and various IoT platforms, maintaining it, and in your application - all for what? "Zero-fee transactions"? For not having any more protection of your "IoT nodes" txs than SSL/TLS already today offers if you anyway talk to a full node under your trust.

Byteball does it better, and it does it much better. The fees are minuscule to what you can do, if you have 1Gigabytes, you can do 826 000 txs, and if you dont want your IoT device to "run out of balance to send txs", a declarative smart contract away puts the fee of 580 bytes on the buyer of your sensor-data.

That is all it takes, a declarative smart contract in Byteball, a very light wallet, put 600bytes on all your IoT devices, and sell their data at market prices. Buyer would pay 600bytes (tx fee) plus your set amount to buy say weather or such data. When you receive it, your IoT devices give that. Byteball also supports Oracles so all this can be done decentralized.  If you dont want the very light wallet on IoT device (to develop it now), or to put any bytes on each device, you can use already made HTTPS API in all IoT development platforms and talk to your full node wallet. It cant get any simpler than this.

But anyway, good luck with it all.

Hahahaha the level of trolling has depreciated. Inflation of trolling ;\

do you understand English? you have no point. you are literally crying for no reason like a baby.

may I ask for your qualification?
you seem to be better than every genius in the iota-team

Great point.

Now Id say its not a real scam, its just incompetence. The scam is an opportunity, not originally planned for.

IoT is very attractive, its an enterprise buzzword, so of course it attracts real people with real good skills, but the founders and leaders, are just incompetent, both technically and socially obviously, and are delivering vapor, "almost-good" "we will have it ready soon" "from day 1 we knew we have to build asics and sell that duh".

The train is in full steam ahead, the crash wont be spectacular, good parts will fall out of IOTA. But it wont be the one and only machine economy infrastructure or anything like that at all.

http://i.imgur.com/9yDaRlG.png

GO TO HELL, SCAMMER

"scam" implies a malicious intention, where people are deliberately subjected to fraud, theft, whatever.
You think all foundation-members, like mathematicians, entrepreneurs, professors from around the globe are dumb enough to participate in such a project?
Get off your fucking hillbilly-high-horse and face the facts: you missed the opportunity to invest in an incredible piece of technology, or even worse, you just don't have the IQ to understand what it's about.
So all you have left is trolling in the most unimportant space of the Internet, Bitcointalk.
Congratulations for this masterful achievement.
You are the pride of creation!
If that's all, you may continue your crusade of douchebags somewhere else. Maybe at home, on the street or wherever the fuck you want because here, you are less beneficial than athlete's foot.

iotatoken=david=shit
IOTA=SCAM

so fuckin simple, just watch and learn at their moderated forum.

Laaanguage, you Wookies! Watch your language.
Well, IOTA seems to be struggling behind now. But there are some differences between those two, and the newcomer isn't even distributed between the interested parties so far. Estimates are ranging for another >12 monthes up to 1 1/2 year.
Enough time to surprise us, devs! Both got a reason to exist. Do it.

Do not feed the troll. He didnt say anything of value.

I don't think IOTA's business plan was to charge transaction fees. Try again?

I am not a troll. You do not have to win anything, in fact, if you want Ill give you the win. Here is a win, take it. You win.

Suspicious, because domsch sounds like Dominik S whom Ive attempted to talk with before and was met with hostility.

Let me teach you a few things about your project, my retarded litte padawan. Even though IOTA might have been a good idea at first; you are fucking too late. Byteball basically assimilated your whole business plan and left you with a still unfinished product. Time to market is everything and you Sir, royally fucked up.

As for your remark regarding IOTAs altruistic approach to not start with exchange trading. It is correct that you, did not allow IOTA to be traded on any exchanges. But at the same time you started to sell your own token via OTC. You scammed a whole lot of investors who are basically bagholding token which will never be used in a real life Environment.

Let me remind you of all the things you promised and haven´t been delivered as of now:

- IOTA BIG DEAL
- The asian Investors
- An actually usable client

Just go to hell....

You can't win with trolls, if you act overly respectful as Dom did here it is "suspicious".

As for the issue re: PoW and IoT devices: it has been addressed since day 1, which is why we find it wasteful to even have to repeat it: IoT devices only have to broadcast their tx, light wallets and future ASIC components (Jinn) solves this issue.

Well I am glad one more from IOTA is finally talking like a normal human again.

Thank you, sincerely.

Though, so suddenly the different tone leaves me somewhat suspicious. Welcome, but suspicious. Though the default stance of IOTA founders/developers should be to take people seriously, treat with respect newcomers, and only if they harm or become hostile, only then its understandable to deal kicks and bans.

Glad to help and contribute!
Hope the issues raised such as about Proof-of-Work on energy and processing constrained IoT devices are heard and addressed intelligently.

 

*you know scientific proof is a simple matter. you find a scientific paper where this was tested and post it. you can look on google scholar, sciencedirect, reuters, in fact the whole human scientific world is open. so it MUST be possible because otherwise we talk about a new discovery. and afaik PoW isn't that new, because it was invented for email as a spam protection.
your impression that IOTA is slow depends on how many neighbours you have, how many people are actively spamming etc.
peer discovery was shut down, because the network topology will suffer and the network topology and the overall hashrate determine the scalability so the peer discovery was shut off and it led to a slower network because people need to look for neighbors manually. that's not very handy in the beginning but won't matter in the future, when hundreds of spammers are conducting millions of tx every hour, so that lightwallets can be used in an incredible fast network.
this fast network will be protected by the enormous hashrate and wont be vulnerable to DDOS or a sybilattack because it's just too big.
to draw a conclusion: NOW it may seem slow, but in order to guarantee a good network topology, core decided to get rid of peer discovery.
in the end, we are talking about the distributed ledger of machines, devices, NOT people in BTT.
I dont know if that helped, but your points are therefore not an issue caused by an instrinsic flaw of the technology, but are the result of foresight.
now Im not a dev and I make mistakes, but it's my honest opinion that iota will function, and btw does function. it really depends how many people are spamming.

I rarely go on here, but let me provide some more information that are relevant to your concerns.

I absolutely understand that a system as radically new as IOTA, especially with the properties that we advertise, raises a lot of questions and concerns. I agree that so far we have done a bad job at writing better technical specs, blog posts on how IOTA actually works, why it's secure and sybil resistant. But your comments on IOTA being a scam and the core devs running away with the money couldn't be further from the truth, and exactly such subjective and opinionated comments like yours cause anger and frustration to those people that have been working on this project non-stop for the past 18 months.

Therefore, when posting, you have to keep a few things in mind:

• We did not raise some >$10m like other crypto projects in this space, and deliberately so, simply because for us it was (and still is) of utmost importance to make sure that the tech actually works flawlessly. Because we didn't raise so much money, we had to run a very lean operation when it comes to core development, ecosystem support and general marketing / events push. I would say we have done a pretty good job so far with the resources we had and unlike other projects, we did not waste money on unnecessary expenses (fuck, many of the core members have paid for stuff themselves).
  
• We are not on exchanges and have withheld exchanges for the past 3 months. If IOTA were a quick pump and run we would have gone on exchanges, hype the project with nonsensical and false news and then cash out. But as you might know by now, everybody in core is in this for the long run as we see a real need for IOTA in this huge ecosystem that will be the Machine Economy. Before we go on exchanges and expose IOTA to more people, we want to make sure that things are right. In fact our second security review is already close to conclusion. Once we have reached a high enough confidence level we will start working with exchanges on the listing.
  
• We are still a small team, and it's difficult to find time to write, blog and socialize. When there's so much work to do in talking with our corporate partners, setting up the foundation, coordinating the development and current Proof of Concepts that we're running, there is little time left for writing blog posts. This year I took some ~45 flights (all paid with my own money FYI) to go to conferences / meetups / meetings, and it's difficult to find the time to write when you're not in the zone. In total, there are currently only some ~5 people who would fit the criteria of being able to write proper blog posts about IOTA, and everyone of them is currently super busy and focused on different tasks. Writing more blog posts about IOTA is high on my todo list and I hope that we can couple these together with more material (such as our stress test, simulations of different attack scenarios and overall technical review).
  

Now when it comes to security concerns, flaws or attacks: we are always open to hear from you! We are more than happy to work with you to see if it's a confirmed flaw in the protocol and then pay you for reporting this issue (usually we pay some >$10k for serious flaws) - we have already done so for bugs found in the libraries and the wallets (https://medium.com/iotatangle/bug-bounty-earn-iotas-testing-57e048835d44#.pigpfrogb). If you want to be taken serious by the community, I suggest you to go this route. Feel free to reach out to me.

I have not heard the latest bounty of iota and how now to development?