Lotta people confident in IOTA but after seeing how the developers respond to their followers I really don't see a long term future for this unless they clean up their act. Even then the Tangle is... clunky.
You do know what "BETA" and "not production ready" mean -- I'll remind you in 6-8 months that you didn't. It has been ''''BETA'''' for 5 years We are in 2018, still beta, no wallet, funds has been disapeared in December, Tangle full of bugs discovered by researchers How long should the protocal layer of the IOT take? If it were easy, someone would have already done it--especially given the estimates for the IOT market are in the tens of trillions of dollars. There is a wallet--not sure why you keep repeating this fallacy. I think you confused another poster's comment on hardwallets for wallet apps--but you seem to get a lot of details wrong and keep repeating them, so not at all surprising. They held everyone's funds that were in danger and are in the process of giving them back--both Bitcoin and Ethreum have had major software issues, and if you spent as much time scouring for their FUD, you would have found them and acknowldege what most rational people realize--that software is never perfect and development is an iterative process. Just a reminder for those who would rather not be purveyors of a double standard https://en.bitcoin.it/wiki/Value_overflow_incident <--if that had been IOTA, imagine the outcry. Heilman's research is contested (he also has a conflict of interest with his link to daglabs) and the IOTA devs removed the hash function in question, despite their belief that Heilman was mistaken. I'll wait for the third party researchers to determine who was correct. You didn't told me why the token should increase value. WHY should IOTA token increase value' Do you know the law of supply and demand? 2 BILLION TOKENS LEARN ECONOMY LEARN TO READ https://bitcointalk.org/index.php?topic=2357298.msg34811358#msg34811358 |
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Lotta people confident in IOTA but after seeing how the developers respond to their followers I really don't see a long term future for this unless they clean up their act. Even then the Tangle is... clunky.
You do know what "BETA" and "not production ready" mean -- I'll remind you in 6-8 months that you didn't. It has been ''''BETA'''' for 5 years We are in 2018, still beta, no wallet, funds has been disapeared in December, Tangle full of bugs discovered by researchers How long should the protocal layer of the IOT take? If it were easy, someone would have already done it--especially given the estimates for the IOT market are in the tens of trillions of dollars. There is a wallet--not sure why you keep repeating this fallacy. I think you confused another poster's comment on hardwallets for wallet apps--but you seem to get a lot of details wrong and keep repeating them, so not at all surprising. They held everyone's funds that were in danger and are in the process of giving them back--both Bitcoin and Ethreum have had major software issues, and if you spent as much time scouring for their FUD, you would have found them and acknowldege what most rational people realize--that software is never perfect and development is an iterative process. Just a reminder for those who would rather not be purveyors of a double standard https://en.bitcoin.it/wiki/Value_overflow_incident <--if that had been IOTA, imagine the outcry. Heilman's research is contested (he also has a conflict of interest with his link to daglabs) and the IOTA devs removed the hash function in question, despite their belief that Heilman was mistaken. I'll wait for the third party researchers to determine who was correct. |
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Lotta people confident in IOTA but after seeing how the developers respond to their followers I really don't see a long term future for this unless they clean up their act. Even then the Tangle is... clunky.
You do know what "BETA" and "not production ready" mean -- I'll remind you in 6-8 months that you didn't. |
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Is Pornhub dumping their verge for Monero? Wait, I can just go check the wallet....
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I like all the IOTA concept, but when I tried to use their wallet it was a big deception. The software was incredible horrendous. I hope they are investing some time and energy to improve that, because it is not compatible with all the technology discuss they have.
Trinity addresses usability issues for P2P. I've never had a problem with the wallet, but things like reattaching or finding nodes aren't noob friendly and will be automated with the new wallet. I disagree that P2P usability issues apply to M2M as an IOT developer would have less of an issue than someone like myself. |
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Fujitsu to introduce IOTA at Hannover Messe: https://ethereumworldnews.com/fujitsu-to-introduce-iota-miota-technology-at-the-largest-industrial-fair/Fujitsu has revealed it is going to be introducing people to IOTA Technology at the largest Industrial trade fair in Hannover Messe, Germany. The introductory seminar which Fujitsu tagged ““Intelligently connected”: Experience Industry 4.0” is part of Fujitsu World Tour 2018 and a part of it will also take place during the Trade fair.
This year, the leading Japanese ICT company will be visiting cities in over 20 countries across six continents to display its most innovative technology and customer success stories. During the events, technology enthusiasts have the chance to meet Fujitsu experts, explore the latest business challenges across industry sectors and see its technology. Also, the tour will feature different workshops to enlighten people about Fujitsu technology.
“Our Expert Talks or Co-Creation Workshops provide a deep insight into a specific topic. Each slot lasts about 45 minutes and is an interactive session with a Fujitsu expert.”
The firm, among what it aims to discuss is “The Next Generation “Distributed Ledger Technology (DLT)/ Blockchain”, which is going to be centred on IOTA.
According to the company, “IOTA is the next-generation DLT. It offers scalable technology that has been specifically designed for the IoT.” |
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Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.
IOTA is really under great pressure, if within 2-3 months the situation on the market does not change, I'm afraid that IOTA will completely become obsolete. it will became because too promises but still no working product, AFTER 5 years of development The tanlge is full of bugs , every hacker on the planet can hack it. DAG and the Tangle will never work because when there is NO incentive to keep secure the network (Fees to the MINERS) there are all the incentives to ATTAK the network. When you keep your funds into the wallet and you are not sure if tomorow they will be still there (It is already happend) the value of the network is 0 Are they going to use their ternary ASICs? What does this mean? It has no correlation with what I have said It's a joke--the fact that you don't realize the correlation just adds to it. Hope you didn't put too much money in a project that in the past had many Bugs Tangle is an idee a ''tought'' ... it's wounderful but unpraticable. There are all the incentives to attak it, and no incentives to protect the network. Look at Nano lol ahha All DAGs project are unčraticable DOUBLE SPENDING sounds this word familair to you? You write like someone whose short is about to be squeezed. Not to stress you out further, but you should know 10 major companies are demonstrating IOTA POCs at Hannover Messe next week. Have you tried meditation? http://www.hannovermesse.de/home |
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Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.
IOTA is really under great pressure, if within 2-3 months the situation on the market does not change, I'm afraid that IOTA will completely become obsolete. it will became because too promises but still no working product, AFTER 5 years of development The tanlge is full of bugs , every hacker on the planet can hack it. DAG and the Tangle will never work because when there is NO incentive to keep secure the network (Fees to the MINERS) there are all the incentives to ATTAK the network. When you keep your funds into the wallet and you are not sure if tomorow they will be still there (It is already happend) the value of the network is 0 Are they going to use their ternary ASICs? What does this mean? It has no correlation with what I have said It's a joke--the fact that you don't realize the correlation just adds to it. |
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Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.
IOTA is really under great pressure, if within 2-3 months the situation on the market does not change, I'm afraid that IOTA will completely become obsolete. it will became because too promises but still no working product, AFTER 5 years of development The tanlge is full of bugs , every hacker on the planet can hack it. DAG and the Tangle will never work because when there is NO incentive to keep secure the network (Fees to the MINERS) there are all the incentives to ATTAK the network. When you keep your funds into the wallet and you are not sure if tomorow they will be still there (It is already happend) the value of the network is 0 Are they going to use their ternary ASICs? |
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Feeless transactions are a joke, there will always be fees under the form of direct payment or PoW because servers don't run on magic.
Also noone cares about fees as long as they are low and they will being with scaling.
The POW for an IOTA tx is trivial, so it would equivalent to logging onto here. Would you use Bitcointalk or a Bitcointalk that charged you 0.11 a post--now multiply that decsion making a million times to get a glimpse into how corporations and goverments veiw this problem. Even if a fee is a penny, would you use it for subpenny transactions in the billions--especially if a feeless network exist? You should probably research the needs of the IOT--you're spouting off nonsense. |
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"Trillions of dollars"? Are you asuming there are a trillion sensors on the planet and one company has to pay for them--otherwise your statement doesn't make sense--though it still doesn't make much sense given there are a few billion IOT devices today and they aren't owned by a single entity.
Companies make money on that data from the devices they own--for example VW's automonous taxi intiative or google delivery drones. Also, they can buy the consumer data from the consumer, which gives them better analytics and market research. Most companies have silos of data sitting in dbs that could be sold on the openmarket through the data marketplace (though that doesn't only apply to data collected by sensors).
I am smart enough to thnk with my head and not to fall into ''data marketplace'' Every blockchain can do that And once again: I will seel data to Google, not Google to other people. That's why IOTA is a treat for Amazon, Google Every blockchain can do feeless and scalable, the things needed to make a data marketplace feasible? Maybe you should go tell them that, because IOTA's the only one testing it. Would be weird that in market of overpromising money grabs, that one of the biggest money makers would be ignored by something anyone can do. /s If the tangle can't find as much as nodes possible the network will relay on coordinator forever. What makes you think that a lot of people will join the IOTA network making it stronger? Beacause Bosch, VW, Fujitsu, Taiwan, Finland and whatever major user of the IOT will want to secure their tx. If I didn't see interest from these types of orginizations, I wouldn't have invested. These people have a well researched need and aren't going to bother unless they think their needs can be met. |
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"Trillions of dollars"? Are you asuming there are a trillion sensors on the planet and one company has to pay for them--otherwise your statement doesn't make sense--though it still doesn't make much sense given there are a few billion IOT devices today and they aren't owned by a single entity.
Companies make money on that data from the devices they own--for example VW's automonous taxi intiative or google delivery drones. Also, they can buy the consumer data from the consumer, which gives them better analytics and market research. Most companies have silos of data sitting in dbs that could be sold on the openmarket through the data marketplace (though that doesn't only apply to data collected by sensors).
I am smart enough to thnk with my head and not to fall into ''data marketplace'' Every blockchain can do that And once again: I will seel data to Google, not Google to other people. That's why IOTA is a treat for Amazon, Google Every blockchain can do feeless and scalable, the things needed to make a data marketplace feasible? Maybe you should go tell them that, because IOTA's the only one testing it. Would be weird that in market of overpromising money grabs, that one of the biggest money makers would be ignored by something anyone can do. /s |
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Simply ignore and dont feed the troll. Trolls troll, but we like to make money.  IOTA IXI Hub is finished. That means we will see soon implementation in Poloniex, Kraken and Bittrex. The german largest Bitcoin exchange Bitcoin.de is going to list IOTA too. That opens Fiat Gateways together with Kraken. And some feeling tells me that Bithumb will list IOTA too, because they like to list Top10 coins. Also Japanese Exchanges adding IOTA would not be surprising, as they have established strong contacts in Japan. Basically IOTA is already too strong to fail. Fujitsu, Bosch, Daimler Benz (just wait a little bit), Volkswagen, Bosch, Samsung, Huawei...long list. IOTA advisors sit in conferences with regulators in UK, Germany and G20. All those who missed my last call on IOTA now have chance to enter a project which will span all over the world and become the largest decentralized network we have ever seen. People have asked me if I do have another strong call for 2018. Yes. AION. I'm bored and I find it interesting that someone doesn't care about getting things wrong on a regular basis. Still trying to figure out what his end game is as I can't really believe he thinks he is making a compelling case. But shorters do weird things when they don't have the money to cover their mistakes and overestimate BCT's influence on the market. |
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Also, you seemed to miss my point (though it was stated subtly, I'll admit) that the gain in efficiency will pay for those upgrades--most companies have no qulams about spending <$1 (or any amount) if it pays them back over time in efficiency/profit margin. If IOTA secures their data streams and allows them to sell data that would otherwsie be useless, and do so without a fee--yes, companies will gladly change to ternary chips. Do you think Bosch, Fujitsu and VW don't know that IOTA is designed for ternary? I'm pretty sure their research goes beyond a good day spent on google--though some are better than others in that regard.
Hello, please... trillions of dollars/eur is not a joke, for any company. Also the data marketplace is available for evryone Example: In my house there are three smart Bosh Iot devices or sensors. I can sell the data of that sensors in the IOTA market, not Bosh. The DATA produced by that sensors are MINE, not of Bosh. SO HOW DO YOU THINK COMPANIES WILL REVENUE FROM DATA MARKETPLACE? "Trillions of dollars"? Are you asuming there are a trillion sensors on the planet and one company has to pay for them--otherwise your statement doesn't make sense--though it still doesn't make much sense given there are a few billion IOT devices today and they aren't owned by a single entity. Companies make money on that data from the devices they own--for example VW's automonous taxi intiative or google delivery drones. Also, they can buy the consumer data from the consumer, which gives them better analytics and market research. Most companies have silos of data sitting in dbs that could be sold on the openmarket through the data marketplace (though that doesn't only apply to data collected by sensors). |
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Are you excpecting a price per coin of 360$ ? Are you sure? Based on what? Even if IOT would adopt IOTA tecno (A BIG IF and A BIG BET) how can you esxpect a price like that WITH 2 BILLLIONS TOKENS? You do know that the IOT is estimated to become 10-35 trillion over the coming decades? Thinking that the protocol layer handling it would get 10% of the low ball figure--and given that crypto's values are way higher than what they perform in actual usecases, my figure is pretty conservative. Not sure why everyone gets fixated on issued coins when that figure is relative to the amount of marketcap, which in turn is relative to the use case, which is relative to things like first mover advantage, and so on... The current IOT devices are BINARY DO YOU THINK the entire world will change because IOTA is ternary? That guy has explained very well that ternary trit cause overload on binary processors, and a wasteful of energy for BINARY hardwares to adapt to the signals sent from the ternary devices. Also read up this, I have searched on internet ''In which markets are we going to see IOTA?'' Look at all the answers, ahahahah they 'll make uou laugh... no one has been able to give a good use-case of IOTA ahahaha read up and laugh https://www.reddit.com/r/Iota/comments/7npf1f/what_are_iota_real_life_use_cases/LAST BUT NOT THE LEAST, REMEMBER THE CURL VULNERABILITY ,. whcih devs said ''We want to protect the code from copy past''... so I am asking WHY DON'T the devs make the source code closed instead of letting curl vulnerabilities in the code? . You do realize that IOTA is in BETA (but still manages to process millions of dollars without a single fee), so usecases are being developed. If you can make the same claim after IOTA is production ready, you'd actually have a valid criticism--though given how many developers and corporations are working on IOTA POCs, it seems doubtful that your early criticism will last to when it matters. As far as ternary, IOT devices need to be as efficient as possible, ternary is more efficient than binary. AFAIK, JINN processors are going to be <$1, so it is not going to be cost prohibitive (especially given improved efficiency) for corporations and countries to install new sensors or upgrade their current ones. Most decisions the IOTA devs make are in mind of the small power footprint of these devices. I feel like people who are criticizing ternary are blind to JINN or how IOT devices need to use as little power as possible, but it may be a willful blindness. I'll wait for the third party evaluation of curl-p to see who was right about its security risks/non-risks. CFB/BCNext did put similar measures in NXT, so it is not without precedent (however unpopular it may be). Aahahah JIN 1$ to upgrade existing devices to the ternary devices ahahaha There are a lot of devices (trillions) using binary hardware, 1$ for upgrading each device, make the math ahahahha In your opinion companies will pay trillions to upgrade their devices to TERNARY ahahahahahah You made the wrong investment just admit it. Actually <$1, but why let details get in the way of your trolling--- Also, you seemed to miss my point (though it was stated subtly, I'll admit) that the gain in efficiency will pay for those upgrades--most companies have no qulams about spending <$1 (or any amount) if it pays them back over time in efficiency/profit margin. If IOTA secures their data streams and allows them to sell data that would otherwsie be useless, and do so without a fee--yes, companies will gladly change to ternary chips. Do you think Bosch, Fujitsu and VW don't know that IOTA is designed for ternary? I'm pretty sure their research goes beyond a good day spent on google--though some are better than others in that regard. |
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Are you excpecting a price per coin of 360$ ? Are you sure? Based on what? Even if IOT would adopt IOTA tecno (A BIG IF and A BIG BET) how can you esxpect a price like that WITH 2 BILLLIONS TOKENS? You do know that the IOT is estimated to become 10-35 trillion over the coming decades? Thinking that the protocol layer handling it would get 10% of the low ball figure--and given that crypto's values are way higher than what they perform in actual usecases, my figure is pretty conservative. Not sure why everyone gets fixated on issued coins when that figure is relative to the amount of marketcap, which in turn is relative to the use case, which is relative to things like first mover advantage, and so on... The current IOT devices are BINARY DO YOU THINK the entire world will change because IOTA is ternary? That guy has explained very well that ternary trit cause overload on binary processors, and a wasteful of energy for BINARY hardwares to adapt to the signals sent from the ternary devices. Also read up this, I have searched on internet ''In which markets are we going to see IOTA?'' Look at all the answers, ahahahah they 'll make uou laugh... no one has been able to give a good use-case of IOTA ahahaha read up and laugh https://www.reddit.com/r/Iota/comments/7npf1f/what_are_iota_real_life_use_cases/LAST BUT NOT THE LEAST, REMEMBER THE CURL VULNERABILITY ,. whcih devs said ''We want to protect the code from copy past''... so I am asking WHY DON'T the devs make the source code closed instead of letting curl vulnerabilities in the code? . You do realize that IOTA is in BETA (but still manages to process millions of dollars without a single fee), so usecases are being developed. If you can make the same claim after IOTA is production ready, you'd actually have a valid criticism--though given how many developers and corporations are working on IOTA POCs, it seems doubtful that your early criticism will last to when it matters. As far as ternary, IOT devices need to be as efficient as possible, ternary is more efficient than binary. AFAIK, JINN processors are going to be <$1, so it is not going to be cost prohibitive (especially given improved efficiency) for corporations and countries to install new sensors or upgrade their current ones. Most decisions the IOTA devs make are in mind of the small power footprint of these devices. I feel like people who are criticizing ternary are blind to JINN or how IOT devices need to use as little power as possible, but it may be a willful blindness. I'll wait for the third party evaluation of curl-p to see who was right about its security risks/non-risks. CFB/BCNext did put similar measures in NXT, so it is not without precedent (however unpopular it may be). |
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Are you excpecting a price per coin of 360$ ? Are you sure? Based on what? Even if IOT would adopt IOTA tecno (A BIG IF and A BIG BET) how can you esxpect a price like that WITH 2 BILLLIONS TOKENS? You do know that the IOT is estimated to become 10-35 trillion over the coming decades? Thinking that the protocol layer handling it would get 10% of the low ball figure--and given that crypto's values are way higher than what they perform in actual usecases, my figure is pretty conservative. Not sure why everyone gets fixated on issued coins when that figure is relative to the amount of marketcap, which in turn is relative to the use case, which is relative to things like first mover advantage, and so on... |
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This guy talks about IOTA, concerns and ternary processor https://hackernoon.com/why-i-find-iota-deeply-alarming-934f1908194bhttps://hackernoon.com/iota-the-currency-of-skynet-281b6abaec5One of the first things you learn on investigating Iota further is that it uses balanced ternary, a numeral system with 3 digits, -1, 0 and 1. The authors have various arguments as to why they made this decision, but they come down to two main ones: Ternary processors are theoretically more efficient than binary processors. Certain mathematical constructs are more cleanly represented in balanced ternary. Unfortunately, neither of these are relevant in a practical system. Iota is by necessity built to run on existing hardware, which is exclusively binary, as are the communication networks it uses. As a result, all of its internal ternary notation has to be encapsulated in binary, resulting in significant storage and computational overhead. Math must either be performed on individual ‘trits’ or first converted from binary-wrapped-ternary encoding into the machine’s native number representation, and back again afterwards — in either case imposing a large computational overhead. Likewise, the theoretical benefits of a balanced ternary notation, such as not needing a sign bit, are more than outweighed by the practical disadvantages, since every processor Iota will run on is already equipped to perform math on twos-complement numbers, but requires software emulation to operate on balanced ternary. This combination of not invented here syndrome and the Dunning-Kruger effect has led to a situation where the authors of Iota have decided that their affection for the tidyness of balanced ternary must outweigh all practical considerations in system design, and leads to a syst Where did you copy/paste that from--hard to believe a guy who didn't know what a node is a day ago suddenly understands more complex systems. Anyway, JINN predates IOTA and is the processor IOTA was meant to function over top of--this idea that corporations won't switch to a cheap processor that adds efficiency is pretty boneheaded, but it's technical enough that people can get away with hiding their boneheaded assumption in technical jargon. By the way, IOTA works on binary to, it is merely designed for ternary ( so such a distinction is pretty pointless, unless you are talking about the efficiency of the processors). |
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