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Title: [CURRYPTO Public Issue #2] IOTA - Investigating the blockless coin. Post by: currypto on July 27, 2017, 09:35:19 PM Today we take a look into what the f*ck IOTA has to offer. On the surface it is a very interesting coin. They do away with the blockchain in favor of "Tangle", otherwise known as a "braid". Unfortunately there are some major pitfalls to this technology.
http://currypto.club/hello-world/iota/blockless-cryptocurrency-disappointing TL;DR: IOTA is interesting but not useful. Should be a colored coin based on Bitcoin or Ethereum. Not a scam, just some bad choices made by people. If you enjoyed this, check out my other public articles, or consider joining to read more content and support me: https://bitcointalk.org/index.php?topic=2047973.msg20407368#msg20407368 I am working hard to support myself on cryptocurrency, and use my computer science knowledge to give something useful to the world. Please leave feedback as well, even if it's just "this is shit" or "good article". It means a lot to me. What mystery coin should I look into next? Title: Re: [CURRYPTO Public Issue #2] IOTA - Investigating the blockless coin. Post by: hpmp on July 28, 2017, 01:03:16 AM I want to use IOTA-kind tokens in my next project.
Thank you for this links. I gonna read the article and will be back tomorrow with my feedback. Anyway, I think IOTA devs will fix most problems in next years, and it's OK for me. Title: Re: [CURRYPTO Public Issue #2] IOTA - Investigating the blockless coin. Post by: currypto on July 28, 2017, 03:05:34 AM I want to use IOTA-kind tokens in my next project. Thank you for this links. I gonna read the article and will be back tomorrow with my feedback. Anyway, I think IOTA devs will fix most problems in next years, and it's OK for me. Your project involves IoT? I really don't think you should...If you could shed some light on what you are doing exactly maybe I can give some good advice. Title: Re: [CURRYPTO Public Issue #2] IOTA - Investigating the blockless coin. Post by: hpmp on July 28, 2017, 03:47:23 AM Why do you limit using IOTA with IoT only? I like blockless and feeless transactions. I'm considering to use it as currency infrastructure in gaming and around gaming services and goods market.
Title: Re: [CURRYPTO Public Issue #2] IOTA - Investigating the blockless coin. Post by: currypto on July 28, 2017, 01:02:56 PM Why do you limit using IOTA with IoT only? I like blockless and feeless transactions. I'm considering to use it as currency infrastructure in gaming and around gaming services and goods market. There are already feeless transaction coins (see: Steemit). As I've said, blockless does not give you any advantages. It really sounds like you could use Ethereum or a colored coin. Why not check out Gamecoin? Title: Re: [CURRYPTO Public Issue #2] IOTA - Investigating the blockless coin. Post by: hpmp on July 29, 2017, 01:45:24 AM It really sounds like you could use Ethereum or a colored coin. Why not check out Gamecoin? thanks, I'll check it outAs I've said, blockless does not give you any advantages. Does blockless means feeles transactions? If it does - it is an advantage.Title: Re: [CURRYPTO Public Issue #2] IOTA - Investigating the blockless coin. Post by: currypto on July 29, 2017, 04:02:55 PM It really sounds like you could use Ethereum or a colored coin. Why not check out Gamecoin? thanks, I'll check it outAs I've said, blockless does not give you any advantages. Does blockless means feeles transactions? If it does - it is an advantage.Blockless does not necessarily mean feeless. And even if it does, how is it an advantage over blockchain coins that don't require a fee? lol Title: Re: [CURRYPTO Public Issue #2] IOTA - Investigating the blockless coin. Post by: hpmp on July 29, 2017, 10:21:38 PM Ok, if there is no fee for transactions in "blocky" blockchain, how encourage mining blocks? I see only way is to pay some fixed amount for block generation. But this is not a natural price generation, so I would like to find another way to allow market to adjust price or make [Suspicious link removed]pletely free for everyone to use.
And yeah, thanks for helping me to better understand this mechanics! |