Bitcoin Forum
December 15, 2017, 02:47:16 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 [35] 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 ... 653 »
  Print  
Author Topic: IOTA  (Read 1284568 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
Hueristic
Legendary
*
Offline Offline

Activity: 1470


Doomed to see the future and unable to prevent it


View Profile
November 17, 2015, 03:39:24 PM
 #681


Sergue, have you ever worked on engineering bio-weapons?

No, that's another guy with the same name. If you continue searching, you'll find a famous violinist as well - that's not me.  Smiley

Thx, Could you link your academic background please?

I've been wondering when this would be addressed. Applicable QC is alot closer than people realize.

Sergue, have you ever worked on engineering bio-weapons?

Also I don't quite see the rational for the need to create a completely different method as opposed to changing to a QC resistant algorithm such as polynomial.

https://en.wikipedia.org/wiki/Post-quantum_cryptography
http://csrc.nist.gov/groups/SMA/ispab/documents/minutes/2015-06/ispab_june-11_quantum_lchen.pdf
https://www.cs.elte.hu/blobs/diplomamunkak/msc_mat/2012/nemes_antal.pdf

Could you rephrase the question?

Are you wondering why we did the Tangle instead of Blockchain?

I am wondering why the need to replace the blockchain at this time. I am not sold on the idea that yet another coin (token ATM) needs to be created in order to solve the only serious issue I see with current solutions. I am also wondering if current solutions can be upgraded to this tangle with a fork? I understand that alot of work has obviously been put into this effort but I can see a few other methods to monetize this than the creation of yet another coin. Why not propose to the larger Alt projects they morph into this tangle for a fee and use them as a testbed to prove to bitcoin that this would be a hard fork worth pushing. If this were accomplished I see the funding flowing and the infrastructure will not have to be built from the ground up. I am still trying to digest the whitepaper (the math is beyond me) so could you list the bullet points for the advantage/disadvantages v/s blockchain tech.

Also
Quote
that  one  needs  to  check  in  order  to  nd  a  suitable  hash  for  issuing  a  transaction
is not so huge, it is only around 3
8
.  The gain of eciency for an \ideal" quantum
computer would be therefore of order 3
4
= 81, which is already quite acceptable (also,
remember that (
p
N
) could easily mean 10
p
N
or so).  Also, the algorithm is such
that the time to nd a nonce is not much larger than the time needed for other tasks
necessary to issue a transaction,  and the latter part is much more resistant agains
quantum computing.
Therefore, the above discussion suggests that the tangle provides a much better
protection against an adversary with a quantum computer compared to the (Bitcoin)
blockchain

Saying the time is not much larger is not quantitative. Bloat and TTC are subjective. I'm glad you added the qualifier "Suggests" as I do not see it proven but like I said I cannot follow the math, that is for smarter people than me. Smiley

Typo in red.

Goddamn I hate quoting from PDF's why do you people continue to use them? Stinking browser plugin failed and I lost all those tabs in the window with the PDF. PDF's are unsafe.

ANYTHING ADOBE IS UNSAFE!!!!


I finish redoing this later as I have to flush the cache and remove this browser from memory to recover stability and I have pages to backup before that.

BITSLER                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
1513349236
Hero Member
*
Offline Offline

Posts: 1513349236

View Profile Personal Message (Offline)

Ignore
1513349236
Reply with quote  #2

1513349236
Report to moderator
1513349236
Hero Member
*
Offline Offline

Posts: 1513349236

View Profile Personal Message (Offline)

Ignore
1513349236
Reply with quote  #2

1513349236
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
mthcl
Sr. Member
****
Offline Offline

Activity: 375


View Profile
November 17, 2015, 03:49:42 PM
 #682


Thx, Could you link your academic background please?

https://scholar.google.com/citations?hl=en&user=z62rjg0AAAAJ&view_op=list_works&sortby=pubdate
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 1792

Newbie


View Profile
November 17, 2015, 04:20:27 PM
 #683

I am not sold on the idea that yet another coin (token ATM) needs to be created in order to solve the only serious issue I see with current solutions.

What is this issue? (We see more than one, btw.)
WorldCoiner
Hero Member
*****
Offline Offline

Activity: 574


Altcoinspekulant


View Profile WWW
November 17, 2015, 06:19:52 PM
 #684

Come-from-Beyond, I have a question regarding transactions per second. Dan Hughes brought up 2000 per second for eMunie (going live Q1 next year). You have had some discussions with him. Will IOTA be able to compete with this number?

Many thanks in advance Sir!

Altcoinspekulant: Deutscher Altcoinblog.
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 1792

Newbie


View Profile
November 17, 2015, 06:31:00 PM
 #685

Come-from-Beyond, I have a question regarding transactions per second. Dan Hughes brought up 2000 per second for eMunie (going live Q1 next year). You have had some discussions with him. Will IOTA be able to compete with this number?

Many thanks in advance Sir!

It's hard to compare Iota and eMunie TPS because of different processing principle. Iota provides only payment, without other features of eMunie, it's like comparing apples to oranges.
Tobo
Hero Member
*****
Offline Offline

Activity: 762


View Profile
November 17, 2015, 08:13:39 PM
 #686

In Iota, if I am correct, most of the nodes will be light nodes and not store the full copies of the ledger. I wonder which nodes will store the full copies of the ledger.
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 1792

Newbie


View Profile
November 17, 2015, 08:58:02 PM
 #687

In Iota, if I am correct, most of the nodes will be light nodes and not store the full copies of the ledger. I wonder which nodes will store the full copies of the ledger.

Nodes will store the full copy at some moment in the past, depending on TPS that moment will move further from or closer to the present.
achimsmile
Legendary
*
Offline Offline

Activity: 1225


View Profile
November 17, 2015, 09:08:49 PM
 #688

Is tangle pruning planned, or is bloat not a concern?
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 1792

Newbie


View Profile
November 17, 2015, 09:12:45 PM
 #689

Is tangle pruning planned, or is bloat not a concern?

Pruning should be considered after we see how popular oracling function will be.
achimsmile
Legendary
*
Offline Offline

Activity: 1225


View Profile
November 17, 2015, 09:41:28 PM
 #690

Is tangle pruning planned, or is bloat not a concern?

Pruning should be considered after we see how popular oracling function will be.

What does oracling function do? I can't remember that you wrote about it.
Hueristic
Legendary
*
Offline Offline

Activity: 1470


Doomed to see the future and unable to prevent it


View Profile
November 18, 2015, 12:21:20 AM
 #691


Thx for the link, good to see someone with credentials thats not hiding behind a anon wall and it got me watching Markov chains video's. Lol

I am not sold on the idea that yet another coin (token ATM) needs to be created in order to solve the only serious issue I see with current solutions.

What is this issue? (We see more than one, btw.)

That is what I asked the OP to provide in bullet points and why this solves those issues. I want to know why creating an entire infrastructure to solve these varied issues is preferable to correcting them in existing projects. Adding those points to the op would not be the worst idea I can think of either.

BITSLER                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
Daedelus
Hero Member
*****
Offline Offline

Activity: 574



View Profile
November 18, 2015, 01:07:35 AM
 #692


It is nice to put a face to the name. I thought that you would be older  Cheesy
iotatoken
Hero Member
*****
Offline Offline

Activity: 714


View Profile
November 18, 2015, 01:16:33 AM
 #693



That is what I asked the OP to provide in bullet points and why this solves those issues. I want to know why creating an entire infrastructure to solve these varied issues is preferable to correcting them in existing projects. Adding those points to the op would not be the worst idea I can think of either.

Good idea. This is what I tried to explore more in the 'summary' post over at Medium, though I kept it at a technical minimum to make it as layman friendly as possible.

Now some of the issues that the Tangle solves cannot be replicated by a blockchain, so I guess you are asking why we aren't instead trying to incorporate a Tangle in an existing project. The reason is quite simple: it's LITERALLY impossible. Just look at how infinitely slow Bitcoin progresses and how everyone gets a heartattack at the mere notion of making some changes to it. The rest of the technological world will not stop and wait for Bitcoin to catch up. IoT wont, Quantum Computers wont and the economy wont. So we started anew. Another motivation for this choice is simply that we don't believe in these omnisolutions. It's impossible to create the perfect key that opens all doors, there are ALWAYS flexibility trade-offs for adding features.

IOTA is meant to be purely a transactive token in real time, so it makes sense to create this 'pure token' that solves a problem, solves it really well and solves it NOW, not in a hypothetical ~5+ years down the line perspective.


iotatoken
Hero Member
*****
Offline Offline

Activity: 714


View Profile
November 18, 2015, 01:42:18 AM
 #694

Is tangle pruning planned, or is bloat not a concern?

Pruning should be considered after we see how popular oracling function will be.

What does oracling function do? I can't remember that you wrote about it.

In essence it means that IOTA can act as an oracle for other platforms, meaning it can provide data that smart contracts in Rootstock or Ethereum can act upon.

Tobo
Hero Member
*****
Offline Offline

Activity: 762


View Profile
November 18, 2015, 01:52:14 AM
 #695


Great credentials! Does mthcl mean Math Call? Grin
Tobo
Hero Member
*****
Offline Offline

Activity: 762


View Profile
November 18, 2015, 01:57:43 AM
 #696

In essence it means that IOTA can act as an oracle for other platforms, meaning it can provide data that smart contracts in Rootstock or Ethereum can act upon.

Why is that? I meant what makes Iota so reliable and special for other systems to treat its data as facts.
iotatoken
Hero Member
*****
Offline Offline

Activity: 714


View Profile
November 18, 2015, 02:08:23 AM
 #697

In essence it means that IOTA can act as an oracle for other platforms, meaning it can provide data that smart contracts in Rootstock or Ethereum can act upon.

Why is that? I meant what makes Iota so reliable and special for other systems to treat its data as facts.

The weight of the Proof-of-Work behind it. If it was false, it would not be confirmed in Tangle.

Tobo
Hero Member
*****
Offline Offline

Activity: 762


View Profile
November 18, 2015, 02:23:53 AM
 #698

The weight of the Proof-of-Work behind it. If it was false, it would not be confirmed in Tangle.

For instance, in Rootstack and Ethereum, smart contracts may need interest rate and stock price from outside to trigger the contracts, will Iota be able to provide these kind data?
iotatoken
Hero Member
*****
Offline Offline

Activity: 714


View Profile
November 18, 2015, 02:36:02 AM
 #699

The weight of the Proof-of-Work behind it. If it was false, it would not be confirmed in Tangle.

For instance, in Rootstack and Ethereum, smart contracts may need interest rate and stock price from outside to trigger the contracts, will Iota be able to provide these kind data?

Hmm, theoretically sure, but not necessarily. It all depends on how the use-cases evolves. IOTA doesn't discriminate, it can be used for all kinds of micro-transactions. But in my opinion, at least as I see it right now, it'll be based more on raw data from the IoT ecosystem.

Tobo
Hero Member
*****
Offline Offline

Activity: 762


View Profile
November 18, 2015, 02:49:54 AM
 #700

But in my opinion, at least as I see it right now, it'll be based more on raw data from the IoT ecosystem.

Make sense.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 [35] 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 ... 653 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!