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Author Topic: IOTA  (Read 974221 times)
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smaragda
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December 16, 2015, 12:23:31 PM
 #1081

So there is something else that forces people to run full nodes.

----->  db  <-----

Simcoin (SIM) & CryptoPlay (CPS) DEV NxtChg IS A FUCKIN' LOW-LIFE PIECE OF SHIT EMBEZZLING PSYCHOPATH   Angry
https://bitcointalk.org/index.php?topic=929688.msg10205597#msg10205597                    "A world with the money can not be perfect." - BCNext
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Come-from-Beyond
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December 16, 2015, 12:34:57 PM
 #1082

----->  db  <-----

My IQ is not high enough to decode this.
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December 16, 2015, 12:40:13 PM
 #1083

IOTA has been accepted into Wanxiang's Blockchain Lab grant programme: http://www.blockchainlabs.org/blockgrant-x-en/

Wow, excellent congratulation for the 4.000 USD. And look at the compeditors, well done!

CfB: I have a dynamic IP and not a lot of knowledge how to set up an Node. I'm just the average joe. But if there would be some advice "setting up a IOTA-Node for dummies" I can probably help, because it's in my own interest as investor.

Altcoinspekulant: Deutscher Altcoinblog.
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December 16, 2015, 12:44:18 PM
 #1084

My IQ is not high enough to decode this.

something else that forces people to run full nodes  ==  to have an up-to-date copy of the db

Simcoin (SIM) & CryptoPlay (CPS) DEV NxtChg IS A FUCKIN' LOW-LIFE PIECE OF SHIT EMBEZZLING PSYCHOPATH   Angry
https://bitcointalk.org/index.php?topic=929688.msg10205597#msg10205597                    "A world with the money can not be perfect." - BCNext
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December 16, 2015, 12:48:20 PM
 #1085

IOTA has been accepted into Wanxiang's Blockchain Lab grant programme: http://www.blockchainlabs.org/blockgrant-x-en/

Wow, excellent congratulation for the 4.000 USD. And look at the compeditors, well done!

CfB: I have a dynamic IP and not a lot of knowledge how to set up an Node. I'm just the average joe. But if there would be some advice "setting up a IOTA-Node for dummies" I can probably help, because it's in my own interest as investor.

They hesitated to give all the grands to ethereum  Roll Eyes
achimsmile
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December 16, 2015, 01:07:59 PM
 #1086

That's a pretty bad analogy.

It's not an analogy, it's exactly the same situation.

Bitcoin has made many people wealthy enough to not care if they spend $10 or $100 a month to run some nodes.

IOTA hasn't made anyone outside the dev team any money yet.

And, Bitcoin has miners.

true, iota has not made me any money yet, but I'll still run a node.
You underestimate the motivational power of an ideology.
Tobo
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December 16, 2015, 05:52:03 PM
 #1087

true, iota has not made me any money yet, but I'll still run a node.
You underestimate the motivational power of an ideology.

Everything has a starting point even Bitcoin. Grin
child_harold
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December 17, 2015, 01:58:34 AM
 #1088

Inspired by the dandelion (wishing flower) metaphor as depicted on your site, I'm trying to break out of the BTC paradigm and get a better feel for IOTA.



No blocks, no fees, no mining, no centralization; it's just there after its genesis, ever expanding like some Big Bang or the scattering seeds of a dandelion plant blowing in the wind.

Tech imitates life.



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December 17, 2015, 11:34:34 AM
 #1089

IOTA has been accepted into Wanxiang's Blockchain Lab grant programme: http://www.blockchainlabs.org/blockgrant-x-en/
Cong.
IOTA got 4000 USD award.
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December 17, 2015, 01:31:53 PM
 #1090

I faced a tough choice. Iota reference implementation code became pretty bloated because of extra things that are not a part of the protocol. One of such things is a mechanism of storing masked notes in the tangle. The implementation uses brainwallet approach similar to Nxt - no data required to be stored locally. It may be good but it doesn't allow to emphasize lightweightness of Iota. Mandatory protocol code is mixed with ad hoc solution code creating a mess that won't help to do the audit. I'll take a day to decide if I should cut-off "unnecessary" code. This will lead to user-unfriendly interface but reference implementation interface wasn't supposed to be used by average Joe anyway.
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December 17, 2015, 02:23:46 PM
 #1091

I faced a tough choice. Iota reference implementation code became pretty bloated because of extra things that are not a part of the protocol. One of such things is a mechanism of storing masked notes in the tangle. The implementation uses brainwallet approach similar to Nxt - no data required to be stored locally. It may be good but it doesn't allow to emphasize lightweightness of Iota. Mandatory protocol code is mixed with ad hoc solution code creating a mess that won't help to do the audit. I'll take a day to decide if I should cut-off "unnecessary" code. This will lead to user-unfriendly interface but reference implementation interface wasn't supposed to be used by average Joe anyway.

I approve of this.
IOTA emphasizes lightweightness, so the reference client should be exactly that,
people will come up with their own clients for different use cases, including desktop clients anyway
desktop clients can be bloated, but since IOTA is also made to run on low hardware requirements
the reference client should focus on implementing the protocol with as little fancy stuff as
possible.

But thats just my 2 iotas. ( btw: do we have a name for the minimum amount of iota possible? 10^-9 iota if i remember correctly, like satoshi for bitcoin )
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December 17, 2015, 02:34:16 PM
 #1092

( btw: do we have a name for the minimum amount of iota possible? 10^-9 iota if i remember correctly, like satoshi for bitcoin )

nanoiota if i recall correctly.
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December 17, 2015, 02:36:26 PM
 #1093

I will also vote for cutting features in order to emphasize core.
Just my 2 cfbs  Roll Eyes
ret
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December 17, 2015, 04:30:28 PM
 #1094

Hello.
How and when I can get coins IOTA?
will ICO?
msin
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December 17, 2015, 04:52:50 PM
 #1095

Hello.
How and when I can get coins IOTA?
will ICO?

https://bitcointalk.org/index.php?topic=1262688.0
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December 18, 2015, 09:18:49 AM
 #1096

@Hueristic, deleted your post for ad hominem.
BlackWidow
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December 18, 2015, 09:23:06 AM
 #1097

Thank you for staying on that. Its really annoying.

And thanks in general. This concept is very exciting.

So nice to see a real project develop for a change.

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child_harold
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December 18, 2015, 09:27:58 AM
 #1098

@Hueristic, deleted your post for ad hominem.

I think that's a nice way of saying trolling. LOL

I'm not a fan of post deletion although in this case it saves me the time calling out members of that community for always using that term, as though they had received a sponsorship deal from that drink company. Cool.

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December 18, 2015, 09:34:48 AM
 #1099

IOTA has been accepted into Wanxiang's Blockchain Lab grant programme: http://www.blockchainlabs.org/blockgrant-x-en/
Cong.
IOTA got 4000 USD award.

I note Wanxiang make no mantion of the "Quantum Secure" property/design/goal of IOTA. 
Did they examine/consider it in their analysis? Thanks

iotatoken
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December 18, 2015, 09:54:52 AM
 #1100

IOTA has been accepted into Wanxiang's Blockchain Lab grant programme: http://www.blockchainlabs.org/blockgrant-x-en/
Cong.
IOTA got 4000 USD award.

I note Wanxiang make no mantion of the "Quantum Secure" property/design/goal of IOTA. 
Did they examine/consider it in their analysis? Thanks

I mentioned it in the grant form, so they are certainly aware of it.

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