IOTA

[Come-from-Beyond]

What is the difference between iota and qubic?

The former stores state transitions but can operate on global scale. The latter stores final state only but can operate on local scale only and requires special mechanisms for interoperability of clusters.

[allwelder]

I get an idea from Jinn's Dutch Auction for distribution: a maximum target is set for ICO, say 5,000 Bitcoins, and then the small depositions will be included if the total depositions are greater than the target. For example, the biggest one is 200 BTC, and now the total is 5050 BTC, so the biggest one 200 BTC is excluded, so right now the total funding is 4850 BTC and there is also 150 BTC can be put into the pool. Of course, it can be gamed with many small depositions, but a single Satoshi can also take party in and get some token.

Problem is how to determine the max IPO target.
I think they want to raise  as much as possible.

[allwelder]

Some investors here trying to set a max cap for ICO (5000 BTC) or the maximum amount which other investors can send (500 USD). They think that this will affect their RoI.
They are wrong. Crypti set the maximum cap for itself as 750 BTC and is in deep shit now. Ethereum has gathered 30 000 BTC and it's investors made around x6 RoI.
So the key to good RoI is not low max cap for ICO.

This works well for NXT raised only 21BTC.

[Tobo]

will a Jinn chip be small enough to be put inside of a iwatch or a fitbit bracelet?

[rigel]

Any ETA for first release?

[iotatoken]

will a Jinn chip be small enough to be put inside of a iwatch or a fitbit bracelet?

Jinn's design is a bit different from regular processors in that we go for an extreme amount of cores for parallel concurrent computation, but yes.

[iotatoken]

Any ETA for first release?

~Christmas

[daxiake]

seem this project copy the XTC,tilepay.
have a look at tilepay.org,or their bitcointalk thread:https://bitcointalk.org/index.php?topic=761852.0

http://mp.weixin.qq.com/s?__biz=MzA4NTQwMDg0Nw==&mid=400293346&idx=1&sn=53abcda6d5867c686f07b7c9a548d35b&scene=23&srcid=1030GEYds7oAVImz7wodyaS4#wechat_redirect

[iotatoken]

seem this project copy the XTC,tilepay.
have a look at tilepay.org,or their bitcointalk thread:https://bitcointalk.org/index.php?topic=761852.0

http://mp.weixin.qq.com/s?__biz=MzA4NTQwMDg0Nw==&mid=400293346&idx=1&sn=53abcda6d5867c686f07b7c9a548d35b&scene=23&srcid=1030GEYds7oAVImz7wodyaS4#wechat_redirect

No copy. How is this anything like Tilepay other than similar market?

[alicex]

seem this project copy the XTC,tilepay.
have a look at tilepay.org,or their bitcointalk thread:https://bitcointalk.org/index.php?topic=761852.0

http://mp.weixin.qq.com/s?__biz=MzA4NTQwMDg0Nw==&mid=400293346&idx=1&sn=53abcda6d5867c686f07b7c9a548d35b&scene=23&srcid=1030GEYds7oAVImz7wodyaS4#wechat_redirect

No copy. How is this anything like Tilepay other than similar market?

but light blockchain is smart chiose

[Tobo]

@CfB, @iotatoken-

A suggestion-

If you want to attract new and serious buyers and investors, you should create a Team page on you website to show the resumes and photos of your team member like Augur does - http://www.augur.net/

This is the way for you to tell people you are serious and determined about and confident on your project. Time has changed in the cryto world. Good resumes and real persons with photos and real names are the wise things to do.

[AltcoinScamfinder]

Some investors here trying to set a max cap for ICO (5000 BTC) or the maximum amount which other investors can send (500 USD). They think that this will affect their RoI.
They are wrong. Crypti set the maximum cap for itself as 750 BTC and is in deep shit now. Ethereum has gathered 30 000 BTC and it's investors made around x6 RoI.
So the key to good RoI is not low max cap for ICO.

This works well for NXT raised only 21BTC.

Helps if you are only 5 people owning 99% of all coin so you can pump it at will when you need money..

[alicex]

Some investors here trying to set a max cap for ICO (5000 BTC) or the maximum amount which other investors can send (500 USD). They think that this will affect their RoI.
They are wrong. Crypti set the maximum cap for itself as 750 BTC and is in deep shit now. Ethereum has gathered 30 000 BTC and it's investors made around x6 RoI.
So the key to good RoI is not low max cap for ICO.

This works well for NXT raised only 21BTC.

Helps if you are only 5 people owning 99% of all coin so you can pump it at will when you need money..

so you should surprise why NXT sitll not die? lol

[Tobo]

Some investors here trying to set a max cap for ICO (5000 BTC) or the maximum amount which other investors can send (500 USD). They think that this will affect their RoI.
They are wrong. Crypti set the maximum cap for itself as 750 BTC and is in deep shit now. Ethereum has gathered 30 000 BTC and it's investors made around x6 RoI.
So the key to good RoI is not low max cap for ICO.

This works well for NXT raised only 21BTC.

Helps if you are only 5 people owning 99% of all coin so you can pump it at will when you need money..

so you should surprise why NXT sitll not die? lol

The problem is what Iota team can achieve with 21 btc. Can they work on Iota and Jinn full time to make the projects big and successful with 21 btc as their resources for themselves and their families? To make the projects big, real, and successful they need 21 thousands of btc.

[alicex]

Some investors here trying to set a max cap for ICO (5000 BTC) or the maximum amount which other investors can send (500 USD). They think that this will affect their RoI.
They are wrong. Crypti set the maximum cap for itself as 750 BTC and is in deep shit now. Ethereum has gathered 30 000 BTC and it's investors made around x6 RoI.
So the key to good RoI is not low max cap for ICO.

This works well for NXT raised only 21BTC.

Helps if you are only 5 people owning 99% of all coin so you can pump it at will when you need money..

so you should surprise why NXT sitll not die? lol

The problem is what Iota team can achieve with 21 btc. Can they work on Iota and Jinn full time to make the projects big and successful with 21 btc as their resources for themselves and their families? To make the projects big, real, and successful they need 21 thousands of btc.

show all investor why you need 21 thousands btc?

[Tobo]

show all investor why you need 21 thousands btc?

You don't need them to tell you why. You can figure it out yourself according to your own daily life.

Btw, 21K is just an analogy. The more the better for the projects.

Edit - the investors will decide how much they will get. They have to sell it very hard to get an ideal number.

[DrBeer]

ICO is expected? Or what options will be available to early-stage investment?

[stdset]

Any ETA for first release?

~Christmas

So did mthcl and CfB already fix this vulnerability:

This is the scenario I'm talking about. Green filled, black edged are transactions of the honest network. Red edged - are transactions of the attacker. The doublespends are filled with yellow.
As far as I understand your algo, weight of the red tip is greater by 3 than weight of the green tip.

?

[patmast3r]

Any ETA for first release?

~Christmas

So did mthcl and CfB already fix this vulnerability:

This is the scenario I'm talking about. Green filled, black edged are transactions of the honest network. Red edged - are transactions of the attacker. The doublespends are filled with yellow.
As far as I understand your algo, weight of the red tip is greater by 3 than weight of the green tip.

?

Why would the weight of the red tip be greater (not saying it can't be) ? Afaik tips only have their "own weight" since they are tips and therefore haven't "inherited" any weight yet. Which afair means that their weight depends on the POW of those tx (tips).

[stdset]

Any ETA for first release?

~Christmas

So did mthcl and CfB already fix this vulnerability:

This is the scenario I'm talking about. Green filled, black edged are transactions of the honest network. Red edged - are transactions of the attacker. The doublespends are filled with yellow.
As far as I understand your algo, weight of the red tip is greater by 3 than weight of the green tip.

?

Why would the weight of the red tip be greater (not saying it can't be) ? Afaik tips only have their "own weight" since they are tips and therefore haven't "inherited" any weight yet. Which afair means that their weight depends on the POW of those tx (tips).

It was already discussed several pages earlier.

But the cumulative weight of that tx is not so big, so why the merchant should accept it?

NP, the merchant waits of course for normal amount of confirmations.

On your picture it has 1 confirmation only?..

I can draw more pictures. But I don't think it's necessary. Imagine that the attacker started preparing for the attack a month ago. He spent the whole month to accumulate PoW on top of the second doublespend. He published no transactions during the month. Then he publishes the first doublespending transaction, provides the first confirmation, thus attaching it to recent part of the tangle, waits for the merchant to send him his puchase. Then publishes his secret subtangle and attaches in to the legit subtangle. The first doublespending transaction now is rejected by the network, the second doublespend has more weight.

He would have to attach it "below" the merchant's tx, but yes, you're right, it's a possible attack vector. Anyhow, the referencing algorithm is not yet finished, so we are discussing it with CfB right now.