BTC and ETH are not really scalable and this has been proven. IOATA and others are used more often, we will understand this better. Byteball is basically a copy of IOTA (the author says IOTA has inspired him) with additional fees, minus the coordinator, minus the tests, minus the binary math, minus JINN processor, except for a non-profit science platform. If I'm wrong in criticizing Iota, will not need you, developer and founder of Iota, follow me on every btctalk topic, like a fart bad, and question my reputation, like me Give a shit about my rep or status on an internet forum  Lies and iota person wanting somebody else to buy his bag. Byteball is not a copy, Byteball actually works and has a consensus algorithm. It is original. Author of iota CfB was FUDIng in the Byteball thread, and author of Byteball had to correct him like a small child. Iota is a scam with central point of failure and Coordinator node. |
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Classic altcoin dump.
If you buy this, you deserve to stay poor.
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Byteball is still the only functional DAG coin, without "baby training wheels".
Still the only implemented consensus algorithm in which higher amount of transactions, make it only faster. More transactions, higher throughput.
How is lightening/raiden progressing? Those still have limits.
Byteball is limitless.
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Byteball is just using same as bitcoin.  Byteball is not a DAG? Its a DAG, but using same crypto primitives as bitcoin, often same implementation even, the libsecp256k1, and sha256 libraries. There is a proof of concept using another secp256k1 implementation, and another library for hashing functions. Really, in 2015-2017, someone, cfb, decides in his wisdom that he alone is smarter than the global elite of security professionals and cryptographers, and smarter than Satoshi who also reused existing primitives. Yet CfB delivers high-school worthy result, unsurprising. Let that sink in. Any iota fanbois still shilling, you know they just want to hand their bag to you. Yeah, I traded large cap Tangle for small cap DAG because I thought that it was kind of funny how CFB decided to reinvent (perfect) the wheel when Byteball had already perfected the DAG Tangle, but look at the bright side, IOTA can always go back to sha256 while keeping the other key features of the Tangle (free transactions, scalability). The tech is proven, I just think that CFB wanted to be the first to bring quantum proof crypto to the mainstream. Maybe he will succeed with it or maybe he fails and has to go back to using sha256, either way, the Tangle still functions. A great man once said: "An elevator can't break down, it can only become stairs" Who knew that he was talking about IOTA. IOTA cannot break down, it can only become Byteballesque. You fail to comprehend basic facts about iota. Are you sockpuppet of CfB? Iota is not even a stairs, its a centralized single point of failure fake attempt at cryptocurrency, has not functioned a single day without a Coordinator. Failed concept can not have good implementation Not to mention the devs are infantile pussies. |
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Byteball is just using same as bitcoin. Byteball is not a DAG? Its a DAG, but using same crypto primitives as bitcoin, often same implementation even, the libsecp256k1, and sha256 libraries. There is a proof of concept using another secp256k1 implementation, and another library for hashing functions. Really, in 2015-2017, someone, cfb, decides in his wisdom that he alone is smarter than the global elite of security professionals and cryptographers, and smarter than Satoshi who also reused existing primitives. Yet CfB delivers high-school worthy result, unsurprising. Let that sink in. Any iota fanbois still shilling, you know they just want to hand their bag to you. |
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I see a lot of people on this thread like to hate on IOTA. I find it silly. I own all of iota, byteball and rayblocks and really hope all of them succeed in their own way. Let's all be friends!
Go and write that, mention Byteball in the iota thread. Thanks. |
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I was wondering why IOTA is the only top currency up big today.
Since the ICO 3 years ago, it seems like all anybody around here can talk about is the Tangle.
So much love for it and so much hate too.
It seems that you either love crypto or you hate it!
What are you ?
A crypto lover ?
Or crypto hater?
Either way, I'm sure you feel that. That passion for (or against) crypto.
I think you misunderstand. The tech itself to me is not the main issue. Until someone breaks it and proves they can once the training wheels are taken off then for me it is unknown. For me at this time nobody really knows but the longer these training wheels stay on then the less likely it looks it can function without it. Of course I will be more than happy if someone does break it We both agree that IOTA is flawed, but Byteball is not. All IOTA has to do is to take the working parts of Byteball and clone it into the IOTA code. That is the cool part of open source. Once one tech is working, then anybody can use it. So be grateful that the smart people over at Byteball are able to bail out the IOTA slackers who obviously skipped class that day they taught differential cryptanalysis... and spelling for that matter (curl, kerl? qerl, kurl? koral? keurl? ckeurel?)
Perhaps cfb thinks that means it is looking good? maybe just some semantic confusion due to english not being his first language.
Or perhaps quibbling he;s not MIT.
No he's not MIT, but Byteball proves that IOTA can get some Tangle help from the experts who have already proven to us that DAG Tangles are not just some figment of our imagination, but rather blockchain disintermediators incapable of appetite curbing. DAG/solid tangles/meshnets/byteballs who cares who perfects the next generation of business communication, the main thing that we can all agree on here is that after Byteball, the DAG Tangle is really out of the bag, and it's not going back in! You might be able to break the tangle but nobody can break the byteball! Have the MIT geniuses ever broken a byteball? Not a chance! Byteball devs are not egomaniacs who think they can invent their own crypto primitives. Byteball is just using same as bitcoin. |
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First of all, there is a professional and continously growing team behind IOTA which is based around a company located in Berlin, Germany. Some facts regarding IOTA, despide all the current FUD:IOTA is supported by INNOGY, a subsidiary of the multi-billion euro electricity provider RWE. INNOGY on Wikipedia: https://en.wikipedia.org/wiki/InnogyAmmong INNOGY, other global industrial companies such as a Siemens and Daimler are working on IOTA-based solutions. Therefore, IOTA has a solid base in the "real world", unlike many other crypto currencies. To be specific, IOTA has a real purpose, and is not just a speculative bubble like many other crypto currencies: IOTA serves as a means of payment in the machine-to-machine area (Internet of Things). Forbes estimates that the IoT will already generate $470 billion in revenue per year. THAT is a real market, and a real "use-case". Source: www.forbes.com/sites/louiscolumbus/2016/11/27/roundup-of-internet-of-things-forecasts-and-market-estimates-2016/#733f82ed292dIn the past days, a lot of false information (FUD) has been posted regarding IOTA. Obviously, someone wanted to let IOTA get down, so one could buy in cheap. This has worked perfectly well, as one can see on the current chart: A recent rise by about 25%! Still, this is not nearly as high as the price was only a couple of weeks ago, when it was another 30-40% higher than it is today. As the hard facts and the positive perspective regarding IOTA have not changed, despite the FUD & false news, the most possible outcome is this: IOTA rises to its former price again, which from this day on means a gain of 30-40%.Even if it would only get back to that price, it currently means a great chance either get in for a long-term invest, or a short-term trade. Just my 2 cents.  Further information regarding IOTA: http://www.tangleblog.com/2017/01/25/the-tech-behind-iota-explained/I work in big Enterprise, in IoT, IOTA is not suitable for IoT, it is in fact antithesis to most of things in IoT. Nice marketing post though. I work as a software engineer in a big enterprise, and I for myself do see the advantages of IOTA for the Internet of Things. We actually have the exact requirements which IOTA might fit well for. (e.g. handling payments at power stations, where electric carsharing vehicles have to refill power.) Again, maybe it's just us who are lacking the right imagination? The companies involved in IOTA seem to be more confident in what's coming up in the future. Yes, I am on this forum as well, because we also do need many tx/s, low fees (not hidden like in iota with PoW), and different trust-models/trust-levels. Iota is not suitable on all requirements, it has scaling limit by the PoW as an upper bound, is centralized, the PoW is oxymoronic on IoT, our chips can not do the work required without wasting batter life - putting us 5 years back in development. Besides currently the PoW is acting as a hidden fee, of energy expenditure, yet does not secure anything at all, the Coordinator provides all of the security. In short, iota is a joke technically and conceptually. We re working with Byteball instead. Somebody else has already reimplemented a Proof of Concept as our team has done, and made byteball-iot client which can run on 96k memory and 80mhz. |
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Nobody of any calibre is going to spend 2minutes of their time checking the work of a high-school level guy.
I told you back in February your Curl function is shit and not worthy more of my time, or the measly 10k usd bounty.
No matter what you produce, and what you sell it as, it will not be even be worth attacking it.
Also, the better professional, the more likely they would not feel ethical to attack and steal other peoples money.
Iota, and any other coins you are involved in, have the security of wordpress webpages.
Just do what you are good at, sell hot air and scam idiots.
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So many bagholders defending iota trying to lure in other bagholders. Sad.
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Iota has very goof marketing, massive amounts of shills, can scam clueless companies into using their name, but none of that will bring them knowledge or competence required to deliver anything of value.
Destined to failure, just like Nxt, forgotten coin then ded.
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First of all, there is a professional and continously growing team behind IOTA which is based around a company located in Berlin, Germany. Some facts regarding IOTA, despide all the current FUD:IOTA is supported by INNOGY, a subsidiary of the multi-billion euro electricity provider RWE. INNOGY on Wikipedia: https://en.wikipedia.org/wiki/InnogyAmmong INNOGY, other global industrial companies such as a Siemens and Daimler are working on IOTA-based solutions. Therefore, IOTA has a solid base in the "real world", unlike many other crypto currencies. To be specific, IOTA has a real purpose, and is not just a speculative bubble like many other crypto currencies: IOTA serves as a means of payment in the machine-to-machine area (Internet of Things). Forbes estimates that the IoT will already generate $470 billion in revenue per year. THAT is a real market, and a real "use-case". Source: www.forbes.com/sites/louiscolumbus/2016/11/27/roundup-of-internet-of-things-forecasts-and-market-estimates-2016/#733f82ed292dIn the past days, a lot of false information (FUD) has been posted regarding IOTA. Obviously, someone wanted to let IOTA get down, so one could buy in cheap. This has worked perfectly well, as one can see on the current chart: A recent rise by about 25%! Still, this is not nearly as high as the price was only a couple of weeks ago, when it was another 30-40% higher than it is today. As the hard facts and the positive perspective regarding IOTA have not changed, despite the FUD & false news, the most possible outcome is this: IOTA rises to its former price again, which from this day on means a gain of 30-40%.Even if it would only get back to that price, it currently means a great chance either get in for a long-term invest, or a short-term trade. Just my 2 cents. Further information regarding IOTA: http://www.tangleblog.com/2017/01/25/the-tech-behind-iota-explained/I work in big Enterprise, in IoT, IOTA is not suitable for IoT, it is in fact antithesis to most of things in IoT. Nice marketing post though. |
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There is nothing wrong with IOTA vision and marketing, Enterprises do want and invest in IoT, it is going to be a huge market.
However the iota devs are not drug addicts, they are worse than that, incompetent at IoT, incompetent at crypto, but very talented in selling hot air and fooling similar geeks of cryptocommunity.
Explains everything, hope more people buy vapor and promises from them.
The tech is retarded, the so called Tangle does not work without a central Coordinator, mixing PoW and IoT is oxymoronic.
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I wonder if the iota points should be changed to -998, since they attempted to make their own hash function, digital signature scheme, and made newbie mistakes in both, or even worse wilfully injected backdoors?
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I personally see no development in IOTA. Although the coin has a potential their development team doesn't seem so motivated to me.
They have just made a coin and sitting there doing nothing about it. If they start concentrating on the coin and develop it further more then i guess it might be a tough competitor in the market but until then this might be just another shitcoin. I once invested in it but it resulted in no profit as the coin's price didn't make any improvements any time soon. It was basically a waste of time for me in IOTA.
the team is working right now on new cool stuff (e.g. smart contract stuff etc.) Like every other crypto IOTA is still in beta mode and not fully developed. But they have a very strong team working hard on it. IOTA devs should not be working on anything anymore, they are rookies, incompetent, and are hurting the entire ecosystem of cryprocurrencies with their basic mistakes, malicious code injection, anti-open source, and negligence. Even a copycat clone of bitcoin or Monero is still lightyears better, and not in beta, compared to what iota devs delivered for 2 years. |
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^ The guy who does not have the capacity to understand the point of this thread and has to resort the the old fav butt hurt comments of every other scammer caught with hands in the cookie jar.
Then provide bullet points. If you post info it's your main job to make it digestible. If you post a whitepaper in 2015, maybe its your point to prove or show a network without a Coordinator? |
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Petya malware, did it happen, is it real?
IOTA developed by rookie-level programmers, does that happen, is it for real?
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Criminal Enterprise.
Similar to stealing from old people but advanced and worse.
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There is no FUD, only hard to swallot truth for bagholders. Youve been scammed.
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