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161  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: July 11, 2017, 09:46:51 PM
How P2P chat works in byteball? Is it some kind of "onchain" chat where all messages encrypted and stored in DAG?
Can it be used to chat with anyone in the network or it's restricted to my own devices only?
Not stored in DAG, encrypted and traverses Byteball network, looking for its destination, stored at hubs for a configurable amount of time. You can chat with anyone, if you haved paired previously with the other device/person before - otherwise spam would be a problem.
162  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA - the scam is being pumped hard now don't fall for the trap on: July 11, 2017, 08:57:19 PM
Wow, this forum is hostile.  Anyone who doesn't believe IOTA is a scam is instantly a shill and or "bagholder".  You down rate my profile, and then post a bunch of inaccurate bullshit... nice. That is called blind ignorance and hate. This forum is full of paranoid sociopaths.

I came here simply to post my view of IOTA, but its clearly not wanted by you blockchain bagholders trying to protect your investment with blind ignorance.  

You win, trolls, you win. I will gladly leave here, so you can enjoy your psychosis. Fuck this place and fuck all of you. Have fun with your empire of dirt.
Dont let the door hit you on the way out CfB.

Any iota official channel is censored and moderated. Any slight criticism is not welcome. Questions of the kind asked here, IoT & PoW, auto-node discovery lead to insta-ban.

Ask "What criteria has to be fulfilled for Coordinator to be turned off", maybe you get as answer ridicule and attempts at intimidation with threats from the Iota developers, sometimes they threaten with legal action.  Cheesy

EDIT: Dont answer CfB, he developer of IoT coin should have known something about IoT devices and the obvious retardation of doing PoW on them. He considers a Raspberry Pi to be IoT device. He is now in here fishing for information to scam more people.. Do not  bite the troll bait! Pass.
163  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA - the scam is being pumped hard now don't fall for the trap on: July 11, 2017, 08:08:59 PM

Hint2: All the problems of IOTA are already solved with Byteball.

Traded my IOTA for Byteball last night.

Byteball's marketcap is touching 1/2 of IOTA's the market is speaking, and I am listening
Good call. I overheard rumors of Byteball launching on IoT soon.  Cool
164  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA - the scam is being pumped hard now don't fall for the trap on: July 11, 2017, 08:07:17 PM


Its a distributed ledger, with no fees, the POW is done on basically any device with a microprocessor.
Thats where you are wrong kiddo.

CfB claimed iota will run on a computing device which has 20% power of normal PC. That does not include micro-processors, they are orders of magnitude less powerful Cheesy

Besides, the coin being from the same dev of an abandoned coin, Nxt, with the same marketing "Next beyond blockchain" should have warned you.
165  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA - the scam is being pumped hard now don't fall for the trap on: July 11, 2017, 08:01:44 PM
You'd have to be a dunce to not see it already.

Aha.

Separate the promises of IOTA with the actual implementation, the people behind it, and the results.

Aint nothing wrong with IoT, with machine-to-machine economy, DAG-coin, the points you mentioned.

But utilizing Proof-of-Work on IoT is beyond retarded, expecting PoW to even be necessary in a DAG-coin is also retarded.

Failing to see what the Coordinator does, that it will never be removed, the founders have not even posted any criteria for when it can be removed. Why it is needed even at the beginning, "training wheels" - makes you a dunce.

Hint: IOTA is piggybacking on IoT buzzword hype in the enterprise and scamming clueless greedy cryptocoin nerds while delivering worthless product.

Hint2: All the problems of IOTA are already solved with Byteball.
Second, IOTA was not designed to be a currency. It was designed for secure machine-to-machine communication for the IoT industry, and has several real world usages already in the works which will take over technology that was originally considering blockchains.  Byteball's only purpose is to be cryptocurrency, and has no other reason to be used or developed further or used by any enterprise businesses for any other purpose.  

The Proof of Work (PoW) is simple, and it is to avoid Sybil and Spam attacks. It doesn't create tokens or anything, it just validates transactions, and doesn't get more difficult over time, its a fixed difficulty. Its nowhere near the same thing as Bitcoins proof of work and artificial difficulty adjustments. On top of that, the proof of work can even be outsourced from small lightweight devices to something more able to handle the computational load.

The coordinator is going to be turned off very soon actually. It was said to be turned off this July. I understand fully why it was needed.  The tangle had to grow beyond a certain point to prevent a 34% attack.  You can read more about it here: https://forum.iota.org/t/iota-double-spending-masterclass/1311  There are only so many ways to get a DAG off the ground, a coordinator is one way. But once it is flying, it will soar.

Byteball didn't solve any problems really, they just shot themselves in the foot with transaction fees, and removed some security...
If PoW in Iota really is anti Sybil - why do they not have auto-node discovery? Hm? Ill tell you why, PoW is useless shit in a DAG-coin.

Besides, PoW and IoT - any coin which does not have PoW will be better suitable, such as Byteball, will be able to run on smaller microcontrollers - and use less energy than Iota.  Cheesy

A secure m2m communication can be done and has been done since 20 years ago - its called SSL/TLS.

Poor empty bag-holder, the Nxt (Next, beyond block-chain sounds familiar?) scammer Come-from-Beyond laughs with your money again.
166  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA - the scam is being pumped hard now don't fall for the trap on: July 11, 2017, 08:01:27 PM
I have no idea why people even respond to 2 post accounts that are obvious sock puppets anyway. Its always the same story..... I was suddenly motivated to sign up blah blah blah ..... all these years never once before wanted to sign in and discuss this project they are so passionate about.
Newbies to this space may be fooled by such posts, especially when they start with "I am a senior systems engineers". Roll Eyes

Dude this is starting to look like a meme, some genius manager with 30 years of experience in whatever multi-million / billion dollar company makes a great long post about how such project is the best thing that has ever happened to humanity or how some other project is the worst shit ever that everyone should sell. And often times that guy has intelligent and educated friends who understand everything and who all agree with him. This all sounds like paid advertisements.
That's pretty much how every scam ever gets pumped, and IOTA is just an example of such a scam.

...clones ...Byteball already is
false
Indeed. Just because Byteball uses DAG, that does not make it an IOTA clone. Roll Eyes

The short term price change should be irrelevant when its long term potential is high. IOTA still has problems and when these problems are cleared, IOTA will be heading to the moon. 
Another IOTA scamcoin bagholder detected. Cheesy
I am considering buying this IOTA dip, have read the white paper a few time and came here to see what people are saying... and then I find this thread. Do you have any real argument against the technology of IOTA? Or is it all "small ico, therefore it's a scam" and "price is falling, therefore it's a scam" because I have seen little to no technical discussion here. Do you have any real arguments against the technology that I should be aware of?
Please read through my post history, a good start is https://bitcointalk.org/index.php?topic=1354220.msg17693697#msg17693697
167  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA - the scam is being pumped hard now don't fall for the trap on: July 11, 2017, 08:27:36 AM
You'd have to be a dunce to not see it already.

Aha.

Separate the promises of IOTA with the actual implementation, the people behind it, and the results.

Aint nothing wrong with IoT, with machine-to-machine economy, DAG-coin, the points you mentioned.

But utilizing Proof-of-Work on IoT is beyond retarded, expecting PoW to even be necessary in a DAG-coin is also retarded.

Failing to see what the Coordinator does, that it will never be removed, the founders have not even posted any criteria for when it can be removed. Why it is needed even at the beginning, "training wheels" - makes you a dunce.

Hint: IOTA is piggybacking on IoT buzzword hype in the enterprise and scamming clueless greedy cryptocoin nerds while delivering worthless product.

Hint2: All the problems of IOTA are already solved with Byteball.
168  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: July 10, 2017, 09:56:19 PM
Its enough to check your history, Nxt developer of fail-coin Cheesy

It's enough to check your posts history to see how much these words are worth.  Cheesy
I can see you already begin to give up on defending iota as ferociously as you did 6 months ago.

Already dumped enough of your stash on the market? Satisfied? Perhaps time for the Nxt, Beyond, DAG-less coin of the future?  Cheesy
169  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: July 10, 2017, 09:29:54 PM
Ive been saying its a scam then and its a scam now. A successful one. Just like bancor and all other shitcoins who are pumped and then follow slow stagnation until no-one remembers them or their promises, see Nxt. IOTA is different in that its a bigger scam, with more experienced scammers and many more victims.

It's enough to check your posts history to see how much these words are worth.  Cheesy
Its enough to check your history, Nxt developer of fail-coin Cheesy
170  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: July 10, 2017, 09:10:43 PM
Are you iota fanbois in the Denial phase yet? "My investments are with great companies, for sure a bounce back up any day now".

Many people have warned you about Come-from-Beyond, famous from his previous Nxt scam-coin.  Cheesy

The fun thing is that you have been fudding since the price was a tenth of what it is now, saying that it was already overpriced, so even if you are right and it goes down now, it would still be much higher than what you have been preaching to be a fair price. It would be as if the people said btc was going to crash when it was 1 dollar started screaming now that they were right because it fell from 3k to 2.5k.

It is easy to be relatively right, but you are still absolutely wrong.
Ive been saying its a scam then and its a scam now. A successful one. Just like bancor and all other shitcoins who are pumped and then follow slow stagnation until no-one remembers them or their promises, see Nxt. IOTA is different in that its a bigger scam, with more experienced scammers and many more victims.
171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: July 10, 2017, 09:01:20 PM
Are you iota fanbois in the Denial phase yet? "My investments are with great companies, for sure a bounce back up any day now".

Many people have warned you about Come-from-Beyond, famous from his previous Nxt scam-coin.  Cheesy

It's enough to check your posts history to see how much these words are worth.  Cheesy
Yes, check here https://bitcointalk.org/index.php?topic=1354220.msg17693697#msg17693697.

My words here are worth more than your time.   Cheesy
172  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: July 10, 2017, 08:12:19 PM

http://imgur.com/fdn1A6w

Are you iota fanbois in the Denial phase yet? "My investments are with great companies, for sure a bounce back up any day now".

Many people have warned you about Come-from-Beyond, famous from his previous Nxt scam-coin.  Cheesy
173  Alternate cryptocurrencies / Altcoin Discussion / Re: Is any crypto truly scalable to a global scale? BTC, ETH, IOTA, DCR, PIVX...? on: July 10, 2017, 07:13:20 PM
coordinator
ˌkəʊˈɔːdɪneɪtə/
noun
noun: coordinator; plural noun: coordinators; noun: co-ordinator; plural noun: co-ordinators

    1.
    a person whose job is to organize events or activities and to negotiate with others in order to ensure they work together effectively.
    "a full-time coordinator was appointed to oversee the referral process"
    2.
    Grammar
    a word used to connect clauses, sentences, or words of equal syntactic importance (e.g. and, or, for ).
    "subordinate clauses can be connected with a coordinator".

Remember people, IOTA is a scam, now CfB looks for more victims after his Nxt coin.
174  Bitcoin / Development & Technical Discussion / Re: DagCoin: a cryptocurrency without blocks on: July 08, 2017, 12:07:20 PM
right now the team focused on more important things.
Iota is centralized. Coordinator will stay. Since the team is focusing on more important things than decentralization.

There, easier for anyone to understand what youre hiding.
175  Alternate cryptocurrencies / Altcoin Discussion / Re: Is any crypto truly scalable to a global scale? BTC, ETH, IOTA, DCR, PIVX...? on: July 08, 2017, 11:58:35 AM
Without the coordinator being active on the IOTA network today, it is not secured by the PoW done by the nodes.

It's enough to check your posts history to see how much these words are worth.  Cheesy
Its enough to know you are BCNext, your previous scam coin, how much is it worth now, Nxt? Typical pump-and-dump scam-coin, you have done it before, you're doing it again with iota.

You are good at making scam coins, get your profits, dump, then starting another one. Greedy people are your victims, when they buy in they cant handle pain of being fooled so they too push your scam-coin further attempting to lure more victims in.  Kiss

If I am wrong in critique of Iota, there would be no need for you, Developer and founder of Iota, to follow me around in every btctalk thread, like a bad fart, and question my reputation, like I give a shit about my rep or status on an internet forum  Cheesy.
176  Alternate cryptocurrencies / Altcoin Discussion / Re: Is any crypto truly scalable to a global scale? BTC, ETH, IOTA, DCR, PIVX...? on: July 03, 2017, 09:44:02 PM
Currently they can't. From IOTA #tanglemath channel I've received an answer similar to this:

Tiny IOT devices like temperature sensors will connect to a proxy node and send the data. The proxy node will take the data and create a TX by doing the POW.
At a later time the sensors will be able to generate the POW themselves by using the JINN processor. This will be a trinary processor with extremely low power usage. Apparently they work since 2 years on that hardware, with CFB/BCNext as the chief architect.
Also remember IOTA is not a decentralized cryptocurrency.

Currently, and since 2 years back, the PoW done on the permissioned network is for illusion of security and marketing. It is the central authority called Coordinator node, which determines the state and consensus.

To be on topic: No coin can do what you ask of today, the most promising is Byteball.

This is not true. The coordinator is an optional compotent. You can configure your node to be part of the network without the coordinator. At the moment nobody is doing it, but it would be possible at any time. If done the network would work without the coordinator, but be suspensible to a 34% attack, just like BTC and ETH are today (51% is an urban legend).

I don't think Byteball is promising. Byteball is basically a clone of IOTA (the author says IOTA inspired him) with added fees, minus the coordinator, minus oracles, minus trinary math, minus the JINN processor, minus a scientific nonprofit foundation.
Without the coordinator being active on the IOTA network today, it is not secured by the PoW done by the nodes.

Simple reason why nobody is deactivating that optional feature. Nobody wants to be the first to loose their money.

Buy some more snake oil, for sure.
177  Alternate cryptocurrencies / Altcoin Discussion / Re: Is any crypto truly scalable to a global scale? BTC, ETH, IOTA, DCR, PIVX...? on: July 02, 2017, 11:04:37 PM
Currently they can't. From IOTA #tanglemath channel I've received an answer similar to this:

Tiny IOT devices like temperature sensors will connect to a proxy node and send the data. The proxy node will take the data and create a TX by doing the POW.
At a later time the sensors will be able to generate the POW themselves by using the JINN processor. This will be a trinary processor with extremely low power usage. Apparently they work since 2 years on that hardware, with CFB/BCNext as the chief architect.
Also remember IOTA is not a decentralized cryptocurrency.

Currently, and since 2 years back, the PoW done on the permissioned network is for illusion of security and marketing. It is the central authority called Coordinator node, which determines the state and consensus.

To be on topic: No coin can do what you ask of today, the most promising is Byteball.
178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: July 02, 2017, 11:05:32 AM
only prove that there are people who are advanced users, we already know about their existence.

Unfortunately you are not one of them "advanced users". Id say, its not even advanced level, more on the medium Linux skills.

For MariaDB, is not even advanced skill required, only basic reading and searching skills, which unsurprisingly you also lack.

So far, what you have shown, Id put you in the "newbie" skills level. btw, running things as Administrator, while working on security testing? You have to put more effort in your FUD spreading.
179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: July 01, 2017, 08:32:50 PM
Alright, I've started syncing from scratch. SatoNatomato, you have to wait until I sync, sorry about that.

A tiny wish-list if one of the devs gets spare time for that:
1. Ability to run the DB solely in memory. Dedicated servers with 32 GB can do it easily and reliably. In a case of a blackout the servers can resync again, several dead nodes can't affect the network.
2. Ability to use some other DB engine. If it was easy to use MySQL, I would run it with in-mem DB right away (see previous point).
3. Indexed SQL views for data denormalization might speed-up everything considerably. If previous point is implemented then MS SQL Server 2016 will allow to get the boost with minimal code refactoring.
You are full of shit as always.

1. Many people have already run "the entire DB" from memory, a colleague is running a hub from memory only without ever even touching the SSDs. Of course, for you CfB, doing this is out of your league.

2. MariaDB has been used by at least 2 other people.

3. So you havent even looked at which indexes already exist, to offer any meaningful advice than "ah you use SQL, have you tried denormalizing it".

Hey, iota man your currency marketing is targeting IoT - have you tried putting it on an IoT device? Oh no. You havent. You thought a raspberry pi was an IoT device. You didnt even know Proof-of-Work in an IoT coin is oxymoronic at best, complete retardation otherwise.
180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: July 01, 2017, 02:13:51 PM
My byteball holdings will surpass my bitcoin holdings in terms of fiat value after the coming airdrop. And I didn't buy any GB. All bytes I posses I received just by linking btc. This is incredible.

Wow. Do you think it'll be possible to earn a "significant" number of bytes during this airdrop with a bitcoin balance of < 1BTC?  Grin
Unfortunately not. The crucial part was the first distribution round where the GB/BTC ratio of the distribution was the largest. If you think about investing small amount of money in byteball linking doesn't make sense as preceding talker explained. Buying GB gives you a better return because of the 0.2 distribution ratio.

Additionally my calculations regarding potential GB price rise are as follows:

1 GB = approx. 16.5 BTC when (and if) byteball achieves parity with bitcoin in terms of market cap.
Current price is 0.38 BTC which makes it a potential 43 times return on investment (4300%).

If you invest 0.01 BTC now by buying GB (linking doesn't make much sense with such small amount) you have a chance to earn 0.043 BTC ($1000). Not much actually and it all depends on the big 'if" byteball achieves parity with bitcoin. Nevertheless 0.01 BTC is just $25 therefore you can't expect any significant amount gained on such a small investment in any field actually. A $1000 investment is a starter to me in any field. A $1000 dollar investment would potentially give you $43,000 when the big "if" happens.
Clap clap.

Also, instead of seeing this as an investment, you can also improve Byteball and contribute to community. This is not a Foundation-run or venture-capital, or ICO-money-raised project, its us, as the motto said in beginning "for the rest of us", who have to use it, study, improve and share.

What you can do; anything from marketing, to developing, or write documentation for others, find new use-cases.

Remember to give a few hundred mega-bytes or even gigabytes to your friends, show them Byteball.

Currency is like sex, when you give it you receive it too.
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