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Author Topic: IOTA  (Read 1361472 times)
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cryptomanfr
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January 12, 2018, 07:50:47 AM
 #13561

Serious what is this corne of shit. since yesterday I try to transfer my iota on binance and there is 1 confirmation, it is longer than the bitcoin, imagine this technology that must protect your car, with the turn happen, the time to transfer the information you will in the wall
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revelacaogr
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2009 Alea iacta est


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January 12, 2018, 08:52:23 AM
 #13562

Naviganto’s first charging station connected to the Tangle [IOTA]

https://www.youtube.com/watch?v=nwBkH6NVFiI&feature=youtu.be

djpitagora
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January 12, 2018, 09:25:05 AM
 #13563


I don't understand the article. What they are stating is that a lot of data needs to be transferred for IoT and iota will make that free. Iota is a coin though, it doesn't transfer data. For that you will need a sim card, and a 4G data plan. At least that's how it's currently done. Can anyone shed some light on the use cases?

The tangle can store data, just like a blockchain. It creates a record of data and that data is valuable.

of course it can but that's not for the large amount of data needed for IoT. I worked on an IoT project in the past, and our devices were generating over 1TB of data per day. Are you prepared to store that in the DAG? (and that's just one project) Most importantly isn't that data actualy stored in each full wallet? I still don't understand why a coin should be storing other data then transactions.

See the Permanodes section in the roadmap - https://blog.iota.org/iota-development-roadmap-74741f37ed01

yes, for storing the ledger. Nowhere does it say it's for storing many petabytes of IoT data that is meaningless for everybody else then the creator. That's why we use cloud storage...

The cloud storage centers can be the permanodes of IOTA. The data also can be transferred from tangle to a third party cloud storage. Local nodes/tangle won’t store data for long time and will be snapshooted to keep small.

why would these permanodes store potentially thousands of petabytes of meaning IoT data for various companies/applictions for free? Storage is expensive at those quantities and bandwidth as well...
pifagor2
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January 12, 2018, 10:54:36 AM
 #13564

Thanks to South Korea with their constant FUD news for the opportunity to buy crypto on the bottom  Cheesy
https://cointelegraph.com/news/official-no-cryptocurrency-trading-ban-in-south-korea-government-says

Jacky_Chan
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January 12, 2018, 01:16:01 PM
 #13565


I don't understand the article. What they are stating is that a lot of data needs to be transferred for IoT and iota will make that free. Iota is a coin though, it doesn't transfer data. For that you will need a sim card, and a 4G data plan. At least that's how it's currently done. Can anyone shed some light on the use cases?

The tangle can store data, just like a blockchain. It creates a record of data and that data is valuable.

of course it can but that's not for the large amount of data needed for IoT. I worked on an IoT project in the past, and our devices were generating over 1TB of data per day. Are you prepared to store that in the DAG? (and that's just one project) Most importantly isn't that data actualy stored in each full wallet? I still don't understand why a coin should be storing other data then transactions.

See the Permanodes section in the roadmap - https://blog.iota.org/iota-development-roadmap-74741f37ed01

yes, for storing the ledger. Nowhere does it say it's for storing many petabytes of IoT data that is meaningless for everybody else then the creator. That's why we use cloud storage...

The cloud storage centers can be the permanodes of IOTA. The data also can be transferred from tangle to a third party cloud storage. Local nodes/tangle won’t store data for long time and will be snapshooted to keep small.

why would these permanodes store potentially thousands of petabytes of meaning IoT data for various companies/applictions for free? Storage is expensive at those quantities and bandwidth as well...

I don’t think there are free. They are business. They exist becasue there is a market demand.
kchulani
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January 12, 2018, 03:22:43 PM
 #13566

IOTA I am really excited about for 2018, I think their project is going to exponentially grow this year. Their team is a very dedicated team, and the IOT is coming and M2M learning is neccesary for it to succeed. I look forward to seeing what they have in store. Anyone else have any new information on the IOTA project?

Jacky_Chan
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January 12, 2018, 03:36:21 PM
 #13567

https://blog.codecentric.de/en/2018/01/interview-mit-iota-mitbegruender-dominik-schiener/
drsnuggles
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January 12, 2018, 05:44:06 PM
 #13568

Is there a way of signing transactions offline?

Thanks to this thread I know how to generate an address offline and receive money offline. But at some point you'll need to send IOTA securely as well, without entering my seed on an online device.

Since CfB was active in Nextcoin before: it's called offline transaction signing overthere. You just generate a transaction on an online device, sign it offline and transmit it via the online device using QR codes. Very convenient and safe Smiley.
Master mind
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January 12, 2018, 09:53:37 PM
 #13569

Great coin. I hold and buy more on dips.
NattyLiteCoin
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If you don’t believe, why are you here?


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January 12, 2018, 10:08:00 PM
 #13570

Accumulation complete, what’s the deal with the new wallet, any developments?

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Jacky_Chan
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January 12, 2018, 10:26:53 PM
 #13571

https://www.reddit.com/r/Iota/
stephen.dedalus
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January 12, 2018, 11:11:41 PM
 #13572

I hope it reaches 1000$ in near future
how is that possible?
Anon136
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January 13, 2018, 01:54:22 AM
 #13573

What are the best practices regarding reattaching and rebroadcasting? I have been waiting about 2 hours between reattaching and promoting but just cant seem to get this particular transaction to confirm.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
tyKiwanuka
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January 13, 2018, 02:14:34 AM
 #13574

What are the best practices regarding reattaching and rebroadcasting? I have been waiting about 2 hours between reattaching and promoting but just cant seem to get this particular transaction to confirm.

Most important thing is a healthy node. You can look for them here: https://iota.dance/nodes. Then reattach/promote every 30min.

No price is too high to pay for the privilege of owning yourself.
https://taurion.io/
https://soccermanagerelite.com/
Anon136
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January 13, 2018, 02:22:01 AM
Last edit: January 13, 2018, 02:39:05 AM by Anon136
 #13575

What are the best practices regarding reattaching and rebroadcasting? I have been waiting about 2 hours between reattaching and promoting but just cant seem to get this particular transaction to confirm.

Most important thing is a healthy node. You can look for them here: https://iota.dance/nodes. Then reattach/promote every 30min.

Thanks for the advice.

*edit* wow confirmed first try after switching to healthier node!

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
Jacky_Chan
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January 13, 2018, 03:08:33 AM
 #13576

What are the best practices regarding reattaching and rebroadcasting? I have been waiting about 2 hours between reattaching and promoting but just cant seem to get this particular transaction to confirm.

The single most important first step to send transaction is to check if the server you get connected is synced. The servers are not always synced. To check the synced status, you can compare the two milestone numbers (in the nodeinfo under Tools) in your wallet to the most recent milestone number in the #botbox of the Slack. If all the three numbers are same, your wallet or your server is synced. If they are not same you need either wait for them to be same or change a server node.

After you have done the above first step correctly, you can make the transaction. I would say 80% of times your transactions will get confirmed in 30 minutes.

If your trasanction does not get confirmed in 30 minutes, you can do the Promoting (previously called Reattaching). You will see it if clicking the bundle next to the transaction in the History in your wallet. You can do the Promoting once every 30 minutes. But make sure you do the first step to make sure your wallet is synced first every time.

If you do the above steps correctly 99% of your transaction should get confirmed within one Promoting and most will be confirmed without Promoting.

Also don’t send a second transaction before your first transaction gets confirmed. If you do so, one of the transactions will never get confirmed becasue your remaining balance will be automatically moved to a new address in your wallet after either one of the transactions gets confirmed.
acdc
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January 13, 2018, 10:14:19 AM
 #13577

What are the best practices regarding reattaching and rebroadcasting? I have been waiting about 2 hours between reattaching and promoting but just cant seem to get this particular transaction to confirm.

Most important thing is a healthy node. You can look for them here: https://iota.dance/nodes. Then reattach/promote every 30min.

Thanks for the advice.

*edit* wow confirmed first try after switching to healthier node!

a healthy node is like a big bowl of bran flakes in the morning ... keeps everything moving so you're ready for a major dump when the time comes Smiley

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tyz
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January 13, 2018, 10:37:01 AM
 #13578

What are the best practices regarding reattaching and rebroadcasting? I have been waiting about 2 hours between reattaching and promoting but just cant seem to get this particular transaction to confirm.

Most important thing is a healthy node. You can look for them here: https://iota.dance/nodes. Then reattach/promote every 30min.

Thanks for the advice.

*edit* wow confirmed first try after switching to healthier node!

The most common reason why Reattaching and Rebroadcasting do not work is that the node is not fully synchronized. The best practice for lightwallets is always to set a "healthy" - so synchronized - node or go to the service reattach.online.
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January 13, 2018, 04:17:54 PM
 #13579

Very stable ranked tenth in the vicinity, although the progress is fast, but really not going to influx top5 it?
ewibit
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January 13, 2018, 06:01:51 PM
 #13580

....or go to the service reattach.online.
have tried it a few times, but has not made it...
 Huh
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