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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: alexcopper on December 23, 2017, 04:43:16 PM



Title: IOTA Blockchain of China??
Post by: alexcopper on December 23, 2017, 04:43:16 PM
Has anyone heard of ITC? I stumbled upon them in a facebook group and decided to look into it. Based on their site, this is the problem they're trying to solve (as quoted from their site):

"ITC is designed to solve the severe safety problems of present IoT. ITC applies a combination of asymmetric encryption of cryptography, semi-homomorphic-encryption ciphertext computing technology and distributed architecture without data center. Therefore, ITC can not only protect the users' devices from being attacked by hackers, ensuring its controlling right safety; but also defend users and their devices' data safety sovereignty and privacy security. For example, the data of intelligent device, such as the camera, can only be checked by users themselves."

IMO this is a very interesting project in terms of the tech and concept. I recommend looking into the tech as they go into great detail about it on their site (https://iotchain.io/) and whitepaper: https://iotchain.io/pdf/web/ITCWHITEPAPER.pdf


Title: Re: IOTA Blockchain of China??
Post by: Phalo on December 23, 2017, 04:51:52 PM
No I have never heard of ITC... Your post is confusing me. You speak of ITC and IOT? Which is which?


Title: Re: IOTA Blockchain of China??
Post by: akeegan on December 24, 2017, 02:41:56 AM
No I have never heard of ITC... Your post is confusing me. You speak of ITC and IOT? Which is which?

I've heard of ITC. ITC is what they're called and I believe IoT chain is their blockchain tech. What they're looking to do is solve the security problems of IoT (internet of things) like botnet attacks. Confusing I know, but I already looked into it and I am ready to go. Once you understand it, you can truly understand how this is going to change the game.

If you're still confused, join their telegram group: https://t.me/IoTChain


Title: Re: IOTA Blockchain of China??
Post by: akeegan on December 24, 2017, 02:46:04 AM
Just went on their telegram group and found this FAQ: https://docs.google.com/document/d/1UUQFGav30bdT1nwlBbb4bEsnqkAMVWAr2N1fV_Nh9jY/edit#

Think this should answer all of your questions.


Title: Re: IOTA Blockchain of China??
Post by: jdarren on December 25, 2017, 01:37:33 AM
I remember when ITC had their sale. Wish I could have grabbed some but didn't do it in time  :-\

The project itself is pretty genius. Lots of tech that went into it and I really hope they hit bigger exchanges.


Title: Re: IOTA Blockchain of China??
Post by: bornforfreedom on December 26, 2017, 03:34:30 AM
so a better IOTA? I'm in  ;D

other than that, I see the trajectory they're headed in and it's pretty good. glad that they solve the problems of IoT because i think that's what holds people back from really getting into the tech around IoT.


Title: Re: IOTA Blockchain of China??
Post by: ngovanngoc on December 26, 2017, 03:39:50 AM
I have never heard of ITC!


Title: Re: IOTA Blockchain of China??
Post by: bornforfreedom on December 26, 2017, 04:05:19 AM
I have never heard of ITC!

They're up and coming for sure. Only on 3 exchanges right now but they 3x these past few months. https://coinmarketcap.com/currencies/iot-chain/


Title: Re: IOTA Blockchain of China??
Post by: Ccexicocartel on December 28, 2017, 08:54:43 PM
Anything like IOTA but better, I'm in on. They started way below $1 and now they're at $1.80. https://coinmarketcap.com/currencies/iot-chain/

Crazy stuff ahead.


Title: Re: IOTA Blockchain of China??
Post by: tree1100hn on December 29, 2017, 12:38:09 AM
This is a token of China's Internet of Things project, which is actually a type of competition with IOTA. However, for the moment ITC's attention is significantly lower than that of IOTA, and in the latter period it has topped the list of digital currencies! Sounds like a crazy move, and IOTA recently did not collaborate with companies such as Microsoft on the rumor but also stated that there was a big loophole. Concerned people can learn about the news!


Title: Re: IOTA Blockchain of China??
Post by: IfixTchenTchen on December 31, 2017, 02:55:52 PM
I have never heard of ITC. But I love to discover coins I have never heard about, if most of the other people didn 't discover it either. perhaps we are early birds having discovered a new gem which will shine in future.


Title: Re: IOTA Blockchain of China??
Post by: Stavri on December 31, 2017, 03:06:42 PM
Maybe it is correct but you shoul check HDAC instead of IOTA project. HDAC will be more successful than IOTA. And also its investors are going to be satisfied because of south korean pumps  :) They are crazy on p&d things  :D


Title: Re: IOTA Blockchain of China??
Post by: GratefulDeadhead on December 31, 2017, 03:25:03 PM
I really like the look of this project. It seems to be pretty big in China already which is how they have reached the top 150 on CoinMarketCap within only a few weeks of the ICO. But it really hasn't hit the Western media at all yet. I've barely even seen it mentioned on this forum. I made an investment a few days ago and I'm confident that I've finally found a hidden gem just before it hits the big time!


Title: Re: IOTA Blockchain of China??
Post by: coin5haker on December 31, 2017, 03:28:07 PM
Why every successful idea needs to be copied by Chinese?? Chinese ETH, bitcoin, now Iota. Why we need this copy of a copy and all those forks??


Title: Re: IOTA Blockchain of China??
Post by: delpiero10 on December 31, 2017, 03:34:39 PM
There is another topic about IoT: https://bitcointalk.org/index.php?topic=2612309 (https://bitcointalk.org/index.php?topic=2612309)


Title: Re: IOTA Blockchain of China??
Post by: FlorentineNobleman on December 31, 2017, 03:37:41 PM
Check this, I called it at $1.2:

https://steemit.com/cryptocurrency/@dawidrams/my-top-undervalued-coin-that-is-still-undervalued-but-has-a-potential-of-iota

Still way way to go ;)


Title: Re: IOTA Blockchain of China??
Post by: Psynthax on December 31, 2017, 03:38:20 PM
Anything like IOTA but better, I'm in on. They started way below $1 and now they're at $1.80. https://coinmarketcap.com/currencies/iot-chain/

Crazy stuff ahead.
IOTA is never related to the blockchain development because that was using DAG system just like what already used by raiblocks or byteball too. IoT just like what will be doing by hdac platform which tries to make first IoT contract and payment system. But i have no idea about what itc is.


Title: Re: IOTA Blockchain of China??
Post by: panduryk on December 31, 2017, 03:40:33 PM
Anything like IOTA but better, I'm in on. They started way below $1 and now they're at $1.80. https://coinmarketcap.com/currencies/iot-chain/

Crazy stuff ahead.
IOTA is never related to the blockchain development because that was using DAG system just like what already used by raiblocks or byteball too. IoT just like what will be doing by hdac platform which tries to make first IoT contract and payment system. But i have no idea about what itc is.
IF IOTA use DAG system im know one more coin who used it,its DAGcoin.
And I think that this coin is quite promising and worth paying attention to buy it while it costs 1$.
It goes to the stock exchanges in January, and there will already be a concrete increase in the rate.
At the moment there is an internal exchange


Title: Re: IOTA Blockchain of China??
Post by: denysrodman on December 31, 2017, 03:45:40 PM
The bulls have successfully held on to the lower end of the range at $3.032 for the past few days. However, they have not been able to push the cryptocurrency higher. Today, the IOTA/USD pair is again under a bear attack, which is threatening to break below the critical support. If the bears succeed, the cryptocurrency will fall to the 61.8 percent Fibonacci retracement level of $2.62196. Yet, if the bulls manage to hold the supports once again today, IOTA will continue to trade inside the range. We shall initiate buy positions only on a breakout and close above the downtrend line. Until then, we shall remain on the sidelines


Title: Re: IOTA Blockchain of China??
Post by: desteemy on December 31, 2017, 03:48:01 PM
There is still plenty of room to growths. Thanks for opening my eyes on IoT coin, which has better potential than IOTA. I'm going to buy some!


Title: Re: IOTA Blockchain of China??
Post by: GratefulDeadhead on December 31, 2017, 04:26:45 PM
Why every successful idea needs to be copied by Chinese?? Chinese ETH, bitcoin, now Iota. Why we need this copy of a copy and all those forks??

ITC is not a copy of IOTA.

ITC will use its own Blockchain, not the Tangle. Furthermore, ITC and IOTA have completely different aims. While IOTA seeks to facilitate microtransactions within the Internet of Things, ITC is geared towards improving security within the Internet of Things. Rather than being a copy of IOTA, or even a competitor of IOTA, ITC can work alongside IOTA.


Title: Re: IOTA Blockchain of China??
Post by: craigpo on January 03, 2018, 07:52:24 PM
imo they're only getting started. I remember reading this thread when they were $1 and now they're almost $8. HODL all the ITC  ;D

https://coinmarketcap.com/currencies/iot-chain/


Title: Re: IOTA Blockchain of China??
Post by: apex944 on January 04, 2018, 11:42:36 PM
Very exciting project. Here is a good response from someone I saw on Reddit about ITC vs IOTA (although this post by huffpost was cool too: https://www.huffingtonpost.com/entry/a-beginners-guide-to-iot-chain-the-iota-of-china_us_5a4a4edee4b06cd2bd03e183)

Quote
This coin has a lot of potential. I invested a week back and extremely enthusiastic about this project. It has that same vibe which NEO and WTC had in their early days: not well-known in the Western community, high volume but low price, team planning to ramp up marketing to the West. There is
actually more to this coin than OP mentions:
-It is not only DAG, it is a combination of blockchain and DAG where the DAG is spread over the nodes
-It has gotten significant VC investments from very respected VCs in China, such as Link Capital Finance and the largest Chinese crypto fund FBG (who also invested in OMG and 0x). If that doesn't validate the project, I don't know what will
-They have a pdf on their website where they show what the partnerships consist of. These are not empty partnerships, but these companies will actually use their products
-They are producing their own hardware chips
-The Chinese are going crazy for it. The Telegram is full of Chinese people and volume on Okex and Huobi only was over $100m a couple of days ago, on a $130m market cap
-They have confirmed in the TG that they will have lots of announcements in Q1 2018, including a future option to lock-in the tokens for dividends
-They have also confirmed in the TG that they aim to ramp up marketing to the West in the coming weeks
-They have also said that they expect to outperform their roadmap and release Mainnet much earlier than currently mentioned
-The team currently consists of 20+ people
-They have paid a listing fee to Binance a month ago


Title: Re: IOTA Blockchain of China??
Post by: keung0109 on January 05, 2018, 09:43:01 PM
Cool project. Only heard about them through this article: https://www.huffingtonpost.com/entry/a-beginners-guide-to-iot-chain-the-iota-of-china_us_5a4a4edee4b06cd2bd03e183
Pretty comparable to IOTA and lots of people getting in on this when they've only been focusing on Asia.


Title: Re: IOTA Blockchain of China??
Post by: awilliams on January 08, 2018, 01:47:27 AM
Did any of you hear that they are planning on getting listed on Binance? If so, where do you see ITC going?


Title: Re: IOTA Blockchain of China??
Post by: ccryptopark on January 09, 2018, 12:15:14 AM
Anyone buy at the dip??? https://coinmarketcap.com/currencies/iot-chain/  ;D


Title: Re: IOTA Blockchain of China??
Post by: elite2291 on January 09, 2018, 08:16:51 PM
How am I just finding out about ITC right now? Have always been skeptical of IOTA and glad I found out about this one. Love that they use DAG+PBFT.


Title: Re: IOTA Blockchain of China??
Post by: jhanson on January 10, 2018, 10:03:55 PM
Anyone buying the dip? I see a lot of potential in $ITC. Did anyone see their recent partnership? Was posted int his thread on the 4th page: https://bitcointalk.org/index.php?topic=2612309.40


Title: Re: IOTA Blockchain of China??
Post by: L1240erion on January 11, 2018, 09:51:21 PM
I remember finding out about IoT chain from friends and didn't look into it for the longest time until it jumped up to $2 overnight lol. overall a very interesting projects that I hear a lot of good rumors about exchanges they're planning to hit. Tell all of your friends and family. Get ready for the ride


Title: Re: IOTA Blockchain of China??
Post by: sandytheguy on January 11, 2018, 09:57:34 PM
yes... regret a bit for not selling it at previous peak ;)


Title: Re: IOTA Blockchain of China??
Post by: jellysky on January 11, 2018, 10:12:00 PM
I also think this is neat after reading about it on Huff Po.

The Asia comparison is interesting.


Title: Re: IOTA Blockchain of China??
Post by: Tulen1990 on January 12, 2018, 10:00:28 PM
yes... regret a bit for not selling it at previous peak ;)

Agreed. When it hit like $9.60, I should've sold. But glad they getting more exposure: https://www.huffingtonpost.com/entry/a-beginners-guide-to-iot-chain-the-iota-of-china_us_5a4a4edee4b06cd2bd03e183


Title: Re: IOTA Blockchain of China??
Post by: Jalum on January 14, 2018, 06:25:39 PM
Why every successful idea needs to be copied by Chinese?? Chinese ETH, bitcoin, now Iota. Why we need this copy of a copy and all those forks??

ITC is not a copy of IOTA.

ITC will use its own Blockchain, not the Tangle. Furthermore, ITC and IOTA have completely different aims. While IOTA seeks to facilitate microtransactions within the Internet of Things, ITC is geared towards improving security within the Internet of Things. Rather than being a copy of IOTA, or even a competitor of IOTA, ITC can work alongside IOTA.
They are really slow with their updates, if they fix that then people would reconsider. I think that the price of IOTA can get to $20.00.


Title: Re: IOTA Blockchain of China??
Post by: jjbanks994 on January 14, 2018, 10:29:40 PM
Why every successful idea needs to be copied by Chinese?? Chinese ETH, bitcoin, now Iota. Why we need this copy of a copy and all those forks??

ITC is not a copy of IOTA.

ITC will use its own Blockchain, not the Tangle. Furthermore, ITC and IOTA have completely different aims. While IOTA seeks to facilitate microtransactions within the Internet of Things, ITC is geared towards improving security within the Internet of Things. Rather than being a copy of IOTA, or even a competitor of IOTA, ITC can work alongside IOTA.
They are really slow with their updates, if they fix that then people would reconsider. I think that the price of IOTA can get to $20.00.


I don't think they're slow with their updates...they posted one like yesterday lol. https://medium.com/@IoT_Chain/itc-project-progress-update-2018-1-6-2018-1-12-dbb8d6e0db49

Overall a very good project that deserves the attention. I'm sure that will be the case in the upcoming weeks.


Title: Re: IOTA Blockchain of China??
Post by: synthlock on January 14, 2018, 10:36:05 PM
Why every successful idea needs to be copied by Chinese?? Chinese ETH, bitcoin, now Iota. Why we need this copy of a copy and all those forks??

ITC is not a copy of IOTA.

ITC will use its own Blockchain, not the Tangle. Furthermore, ITC and IOTA have completely different aims. While IOTA seeks to facilitate microtransactions within the Internet of Things, ITC is geared towards improving security within the Internet of Things. Rather than being a copy of IOTA, or even a competitor of IOTA, ITC can work alongside IOTA.
They are really slow with their updates, if they fix that then people would reconsider. I think that the price of IOTA can get to $20.00.


Yep. If, of course, more cryptographic vulnerabilities aren't discovered with either their tangle implementation or hash function.


Title: Re: IOTA Blockchain of China??
Post by: webmone on January 16, 2018, 10:23:22 AM
I like IOTA. It has begun to cooperate with Microsoft. Good sign. For now this partnership is unofficial but this is a matter of time. We will see like IOTA will become on the biggest cryptocurrencies.


Title: Re: IOTA Blockchain of China??
Post by: rjefferson on January 18, 2018, 12:30:58 AM
ITC has so much potential. Lots of great tech that solves the biggest barriers to IoT. Will be watching and picking some up. Great thread!


Title: Re: IOTA Blockchain of China??
Post by: jhanson on January 28, 2018, 04:12:04 PM
I like IOTA. It has begun to cooperate with Microsoft. Good sign. For now this partnership is unofficial but this is a matter of time. We will see like IOTA will become on the biggest cryptocurrencies.

I disagree lol. Their supply is a joke. I see way more potential with ITC. Their expansion into the western markets is going to be huge.


Title: Re: IOTA Blockchain of China??
Post by: Raja_MBZ on January 30, 2018, 07:43:11 PM
I like IOTA. It has begun to cooperate with Microsoft. Good sign. For now this partnership is unofficial but this is a matter of time. We will see like IOTA will become on the biggest cryptocurrencies.

I disagree lol. Their supply is a joke. I see way more potential with ITC. Their expansion into the western markets is going to be huge.

True, I don't like IOTA's total supply either and that's why, I'm going to buy and keep some of these ITC. They both seem to have somewhat similar aims (it's not the exact same thing though). I'm glad I found this thing before it rockets, yes the first pump is over which seems to have happened in start as its ICO price more than quadrupled already but I think the main rocket is still left for launch.


Title: Re: IOTA Blockchain of China??
Post by: jdarren on January 31, 2018, 10:15:53 PM
I like IOTA. It has begun to cooperate with Microsoft. Good sign. For now this partnership is unofficial but this is a matter of time. We will see like IOTA will become on the biggest cryptocurrencies.

I disagree lol. Their supply is a joke. I see way more potential with ITC. Their expansion into the western markets is going to be huge.

True, I don't like IOTA's total supply either and that's why, I'm going to buy and keep some of these ITC. They both seem to have somewhat similar aims (it's not the exact same thing though). I'm glad I found this thing before it rockets, yes the first pump is over which seems to have happened in start as its ICO price more than quadrupled already but I think the main rocket is still left for launch.

Dude tell me about it. the idea of IOTA was great, but that supply turned me off. ITC is a good project that is very proactive in the community. I think they uploaded their code to github recently. https://github.com/IoTChainCode/itc-ts


Title: Re: IOTA Blockchain of China??
Post by: geauxtigers on January 31, 2018, 11:03:05 PM
ITC is better than IOTA, and it should have a bright future.
Some of recent Chinese projects are really appealing, and they will see huge growth once they have good marketing in western world.
To name a few except NEO: IoT Chain, RedPulse, Nebulas, AELF, DeepBrain chain.


Title: Re: IOTA Blockchain of China??
Post by: awilliams on February 03, 2018, 11:21:09 PM
ITC is better than IOTA, and it should have a bright future.
Some of recent Chinese projects are really appealing, and they will see huge growth once they have good marketing in western world.
To name a few except NEO: IoT Chain, RedPulse, Nebulas, AELF, DeepBrain chain.

Big fan of dbc too. ITC itself compared to IOTA is the better option. even huffpost wrote an article comparing the two lol.


Title: Re: IOTA Blockchain of China??
Post by: teddyelwyn on February 15, 2018, 12:18:00 AM
great thread. lots of other, but people should pay attention to this one. I agree with everyone else. ITC is underrated, but it's up and coming.


Title: Re: IOTA Blockchain of China??
Post by: craigpo on February 16, 2018, 10:41:30 PM
Any updates with this project??


Title: Re: IOTA Blockchain of China??
Post by: sukey2008 on February 16, 2018, 10:46:54 PM
I have never heard of ITC.....  :-\
Any updates of that project?


Title: Re: IOTA Blockchain of China??
Post by: craigpo on February 16, 2018, 10:59:42 PM
I have never heard of ITC.....  :-\
Any updates of that project?

I looked them up on twitter and found all of their news on their blog. https://medium.com/@IoT_Chain

Hackernoon did a comprehensive post about them too - https://hackernoon.com/the-alternative-crypto-iot-chain-itc-b6c8621120ae


Title: Re: IOTA Blockchain of China??
Post by: Raja_MBZ on February 17, 2018, 12:32:04 AM
I have never heard of ITC.....  :-\
Any updates of that project?

Just follow them on Twitter/Reddit, and you'll get to know every update. It's gonna be the next-big-thing. It might not become one by next few months, but in a year, it might get huge.


Title: Re: IOTA Blockchain of China??
Post by: jdarren on February 17, 2018, 09:40:48 PM
I have never heard of ITC.....  :-\
Any updates of that project?

Just follow them on Twitter/Reddit, and you'll get to know every update. It's gonna be the next-big-thing. It might not become one by next few months, but in a year, it might get huge.

I completely agree. I see itc as the next big thing like what NEO is doing. Join their telegram guys because that's where you can ask questions. https://t.me/IoTChain


Title: Re: IOTA Blockchain of China??
Post by: rmilly on February 26, 2018, 11:34:22 PM
ITC gaining some momentum by getting listed on Kucoin. Good to keep an eye on it and HODL


Title: Re: IOTA Blockchain of China??
Post by: cvan on February 28, 2018, 12:19:15 AM
ITC gaining some momentum by getting listed on Kucoin. Good to keep an eye on it and HODL

so glad they hit kucoin. Great stuff up ahead for itc


Title: Re: IOTA Blockchain of China??
Post by: singlecrytpo on March 19, 2018, 09:44:50 PM
been looking hard into getting itc since it's around the price it was when it first hit the market.... this one has lots of potential and I won't miss this wave again. anyone else?


Title: Re: IOTA Blockchain of China??
Post by: jdarren on March 20, 2018, 10:38:27 PM
definitely holding some itc bags and planning on gathering more. any project that is 2 months ahead of schedule in the crypto space is pretty cool in my books.


Title: Re: IOTA Blockchain of China??
Post by: cvan on March 22, 2018, 11:02:56 PM
love seeing more buzz around itc. great project with a very transparent team. they post dev updates on their medium/twitter every other week.


Title: Re: IOTA Blockchain of China??
Post by: awilliams on March 26, 2018, 10:37:51 PM
Good update they posted the other day: https://medium.com/@IoT_Chain/news-weekly-itc-progress-update-2018-3-17-2018-3-23-da9a5b406e83