IOTA

[lordoliver]

does this make more sense?
https://shop.bmw.com/de_DE/p/PID_76289/

No, it doesn't prove your point. Start from addressing "There is a reason why companies prefer to buy other companies instead of running their own competing departments".

I didn't want to discuss. I don't have a point.
I just want to say: "You never know!".
You guys claimed, that BMW only sells cars. But its not...
I don't want to say, that there is a high chance, but its not zero. Thats all.

[1715231857]

1715231857

[BiTrading]

BMW will try to sell data. That's why BMW, Daimler and Audi bought 'Here'. Intel just bought into this as well.

Another important thing when we talk about mobility especially e-mobility is that states will have to compensate the decrease of tax on petroleum. Some people say taxes will be linked directly to actual road usage etc.
but maybe they just make a tax on electricity Idk  

Iota could come into play when every cm you drive is tracked and paid accordingly. The most efficient way to make such transactions is IOTA atm. Pls correct me if I'm wrong.

[Come-from-Beyond]

You guys claimed, that BMW only sells cars. But its not...

Accessories are sold because it's a part of marketing, often they are sold with a loss, to compensate the loss main products have higher prices.

[Come-from-Beyond]

Sucessful companies that are worth hundreds of millions of dollars and have proven temselves over time, not some experimental niche token. And usually these companies are seen as future major competitors so they buy them out to get rid of the future competiton.

Time to fly back down to earth and realize the business world runs on a different level.

You were banned from this thread for trolling long time ago. I have deleted your post, nothing personal, just business.

[willowfoot]

there is no guarantee that any company will use IOTA and won't create their own token.

But there is something called the network effect which is why no one can just clone bitcoin and get immediate benefit.

[Lyricz]

Please, can someone link the actual client-software for win & Linux.


THX

[yassin54]

Please, can someone link the actual client-software for win & Linux.
THX

Here

https://github.com/iotaledger/wallet/releases

and you have this Guide also : http://iotasupport.com/guiwallet.shtml

[John_Paul]

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

This can be a general question for all cryptocurrencies such as bitocoin and ethereum. The main advantage for public crypto network like bitcoin, ethereum and iota is their lower cost and higher efficiency when comparing to their private counterparts. For instance, the payment/tansactional settlement cost and data storage cost can be much cheaper in a public network than a private network. The entry barrier in a public network is much lower than a private one. Lower cost and higher efficiency can be translated into profit which is the ultimate goal for the companies.

That is why many people believe that the private blockchain (blockchain/bitcoin without coins ) will not work because it will lose the advantage of lower cost. Whence a company loses the advantage of lower cost it will lose the competition in the marketplace. Maybe in the future the private chains and public chains will co-exist. But public chains will still be the dominant force in the market simply because they are cheaper and more efficient, maybe similar to today's internet and intranet.    

[KimNg]

Two sound bites from Smart City Expo World Congress 2016 http://www.smartcityexpo.com

Intelligent Assets, how the IoT is enabling the Circular Economy to develop at a much faster pace than it ever could without ICT and the IoT in telemetry.
https://www.youtube.com/watch?v=zXnx3lq4OQ8&t=22m33s

Cars are parked 95% of the time.
https://www.youtube.com/watch?v=zXnx3lq4OQ8&t=23m50s

[willowfoot]

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

This can be a general question for all cryptocurrencies such as bitocoin and ethereum. The main advantage for public crypto network like bitcoin, ethereum and iota is their lower cost and higher efficiency when comparing to their private counterparts. For instance, the payment/tansactional settlement cost and data storage cost can be much cheaper in a public network than a private network. The entry barrier in a public network is much lower than a private one. Lower cost and higher efficiency can be translated into profit which is the ultimate goal for the companies.

That is why many people believe that the private blockchain (blockchain/bitcoin without coins ) will not work because it will lose the advantage of lower cost. Whence a company loses the advantage of lower cost it will lose the competition in the marketplace. Maybe in the future the private chains and public chains will co-exist. But public chains will still be the dominant force in the market simply because they are cheaper and more efficient, maybe similar to today's internet and intranet.    

Actually NEM does this very well with their private chain mijin. 

Get the company to test the waters with mijin, then once comfortable ... can also interact with the NEM public chain.

[SatoNatomato]

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

This can be a general question for all cryptocurrencies such as bitocoin and ethereum. The main advantage for public crypto network like bitcoin, ethereum and iota is their lower cost and higher efficiency when comparing to their private counterparts. For instance, the payment/tansactional settlement cost and data storage cost can be much cheaper in a public network than a private network. The entry barrier in a public network is much lower than a private one. Lower cost and higher efficiency can be translated into profit which is the ultimate goal for the companies.

That is why many people believe that the private blockchain (blockchain/bitcoin without coins ) will not work because it will lose the advantage of lower cost. Whence a company loses the advantage of lower cost it will lose the competition in the marketplace. Maybe in the future the private chains and public chains will co-exist. But public chains will still be the dominant force in the market simply because they are cheaper and more efficient, maybe similar to today's internet and intranet.    

There are differences to bitcoin and etherun vs Iota. Bitcoin/Ethereum have PoW, which cant be easily reproduced, but Iota has no such thing, it can easily be cloned, and tokens distributed at will. Bitcoins are generated, so cannot be distributed without investing alot of time or hardware up front.

Security is an issue on public networks, connecting any of your systems to the internet is opening it up for abuse and dealing with those extra costs. Private networks, firewalls and all-things internal-to-enterprise servers exist for this reason. The entry to public is higher than private.

Your argument is true for blockchain based PoW systems where distribution happens over time, but not for Iota.

ALSO, IOTA is reddit.com/r/bitcoin full of censorship and groupthink, it wont succeed because of this close-minded, authoritarian approach to criticism and questions.

[achimsmile]

Bitcoin/Ethereum have PoW, which cant be easily reproduced, but Iota has no such thing, it can easily be cloned, and tokens distributed at will. Bitcoins are generated, so cannot be distributed without investing alot of time or hardware up front.

Clone bitcoin and set a fixed mining difficulty to 1 and the premine them all. I can distribute all of them at will as well.

Besides, IOTA does use PoW. Just no block reward.

[SatoNatomato]

Bitcoin/Ethereum have PoW, which cant be easily reproduced, but Iota has no such thing, it can easily be cloned, and tokens distributed at will. Bitcoins are generated, so cannot be distributed without investing alot of time or hardware up front.

Clone bitcoin and set a fixed mining difficulty to 1 and the premine them all. I can distribute all of them at will as well.

Besides, IOTA does use PoW. Just no block reward.

"and then premine them all", are you daft?

That is how most alt-coins work, its just that "premine them all", or at least 16million would take you 9 years or more.

[Come-from-Beyond]

That is how most alt-coins work, its just that "premine them all", or at least 16million would take you 9 years or more.

If you have 1 BTC we could bet that I can generate 16M clone-bitcoins much faster...

[achimsmile]

Bitcoin/Ethereum have PoW, which cant be easily reproduced, but Iota has no such thing, it can easily be cloned, and tokens distributed at will. Bitcoins are generated, so cannot be distributed without investing alot of time or hardware up front.

Clone bitcoin and set a fixed mining difficulty to 1 and the premine them all. I can distribute all of them at will as well.

Besides, IOTA does use PoW. Just no block reward.

"and then premine them all", are you daft?

That is how most alt-coins work, its just that "premine them all", or at least 16million would take you 9 years or more.

Please read the highlighted text again.

[SatoNatomato]

Bitcoin/Ethereum have PoW, which cant be easily reproduced, but Iota has no such thing, it can easily be cloned, and tokens distributed at will. Bitcoins are generated, so cannot be distributed without investing alot of time or hardware up front.

Clone bitcoin and set a fixed mining difficulty to 1 and the premine them all. I can distribute all of them at will as well.

Besides, IOTA does use PoW. Just no block reward.

"and then premine them all", are you daft?

That is how most alt-coins work, its just that "premine them all", or at least 16million would take you 9 years or more.

Please read the highlighted text again.

What you have made is not a bitcoin clone. A shit altcoin instead.

ALSO, IOTA is reddit.com/r/bitcoin full of censorship and groupthink, it wont succeed because of this close-minded, authoritarian approach.

[LiQio]

^
You remind me of Admiral_Bit ... a lot!

[mirador17]

Another one on my ignorelist

[BiTrading]

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

This can be a general question for all cryptocurrencies such as bitocoin and ethereum. The main advantage for public crypto network like bitcoin, ethereum and iota is their lower cost and higher efficiency when comparing to their private counterparts. For instance, the payment/tansactional settlement cost and data storage cost can be much cheaper in a public network than a private network. The entry barrier in a public network is much lower than a private one. Lower cost and higher efficiency can be translated into profit which is the ultimate goal for the companies.

That is why many people believe that the private blockchain (blockchain/bitcoin without coins ) will not work because it will lose the advantage of lower cost. Whence a company loses the advantage of lower cost it will lose the competition in the marketplace. Maybe in the future the private chains and public chains will co-exist. But public chains will still be the dominant force in the market simply because they are cheaper and more efficient, maybe similar to today's internet and intranet.    

There are differences to bitcoin and etherun vs Iota. Bitcoin/Ethereum have PoW, which cant be easily reproduced, but Iota has no such thing, it can easily be cloned, and tokens distributed at will. Bitcoins are generated, so cannot be distributed without investing alot of time or hardware up front.

Security is an issue on public networks, connecting any of your systems to the internet is opening it up for abuse and dealing with those extra costs. Private networks, firewalls and all-things internal-to-enterprise servers exist for this reason. The entry to public is higher than private.

Your argument is true for blockchain based PoW systems where distribution happens over time, but not for Iota.

ALSO, IOTA is reddit.com/r/bitcoin full of censorship and groupthink, it wont succeed because of this close-minded, authoritarian approach to criticism and questions.

I understand your thinking that iota can be cloned. The network in form of active nodes can't be cloned tho. So in case you are not able to build a network of thousands of active nodes, you would have a clone without functionality. Iota itself is struggling to build such network, so if you want to make it happen support Iota by setting up an active node.

[SatoNatomato]

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

This can be a general question for all cryptocurrencies such as bitocoin and ethereum. The main advantage for public crypto network like bitcoin, ethereum and iota is their lower cost and higher efficiency when comparing to their private counterparts. For instance, the payment/tansactional settlement cost and data storage cost can be much cheaper in a public network than a private network. The entry barrier in a public network is much lower than a private one. Lower cost and higher efficiency can be translated into profit which is the ultimate goal for the companies.

That is why many people believe that the private blockchain (blockchain/bitcoin without coins ) will not work because it will lose the advantage of lower cost. Whence a company loses the advantage of lower cost it will lose the competition in the marketplace. Maybe in the future the private chains and public chains will co-exist. But public chains will still be the dominant force in the market simply because they are cheaper and more efficient, maybe similar to today's internet and intranet.    

There are differences to bitcoin and etherun vs Iota. Bitcoin/Ethereum have PoW, which cant be easily reproduced, but Iota has no such thing, it can easily be cloned, and tokens distributed at will. Bitcoins are generated, so cannot be distributed without investing alot of time or hardware up front.

Security is an issue on public networks, connecting any of your systems to the internet is opening it up for abuse and dealing with those extra costs. Private networks, firewalls and all-things internal-to-enterprise servers exist for this reason. The entry to public is higher than private.

Your argument is true for blockchain based PoW systems where distribution happens over time, but not for Iota.

ALSO, IOTA is reddit.com/r/bitcoin full of censorship and groupthink, it wont succeed because of this close-minded, authoritarian approach to criticism and questions.

so if you want to make it happen support Iota by setting up an active node.

BYTEBALL https://bitcointalk.org/index.php?topic=1608859 doesnt have the dumb problem of finding other nodes by using proprietary slack service to talk to people and then a month later fail to have a working node because people shut off their "nodes" for a while.

Iota doesnt even have a peer-to-peer network. Iota as it is cannot even work over Tor. Byteball can.