IOTA

[wesgen]

Since there is no mining nor txn fees, how would an average person be able to earn revenue processing IoT data? Would one need to get the tenary computing hardware?
What would be the estimated cost to purchase such?

Thanks

[1715479876]

1715479876

[1715479876]

1715479876

[1715479876]

1715479876

[Come-from-Beyond]

When will IOTA with GUI release?

I didn't like user experience with the current GUI because of necessity to use another address each time. Even in Bitcoin it's possible to reuse addresses. I'll change the security scheme of addresses, this will take several days. As a side-effect GUI will need to change. Genesis addresses will change too, we'll add a special procedure for translation of addresses from old to new format upon the first authorization in the wallet. All this will make user experience and utility of Iota much better.

PS: Those who sent iotas to addresses with index 1+ should send them back to the genesis address (or an address generated with index = 0) by the 26th of March 13:00 UTC. Those who know how to send iotas via API calls can send them to the buyers (to addresses generated with index = 0 only). After the deadline I'll publish the list of addresses (in old format) and corresponding balances. This list will be used for conversion from old to new format, escrow agents can rely on it to finalize some of the trades.

[rdanneskjoldr]

When will IOTA with GUI release?

I didn't like user experience with the current GUI because of necessity to use another address each time. Even in Bitcoin it's possible to reuse addresses. I'll change the security scheme of addresses, this will take several days. As a side-effect GUI will need to change. Genesis addresses will change too, we'll add a special procedure for translation of addresses from old to new format upon the first authorization in the wallet. All this will make user experience and utility of Iota much better.

PS: Those who sent iotas to addresses with index 1+ should send them back to the genesis address (or an address generated with index = 0) by the 26th of March 13:00 UTC. Those who know how to send iotas via API calls can send them to the buyers (to addresses generated with index = 0 only). After the deadline I'll publish the list of addresses (in old format) and corresponding balances. This list will be used for conversion from old to new format, escrow agents can rely on it to finalize some of the trades.

Addresses that didnt make any transfers, or the ones who escrowed with you changing genesis  in the past, dont need to do anything, right?

[rlh]

I didn't like user experience with the current GUI because of necessity to use another address each time. Even in Bitcoin it's possible to reuse addresses. I'll change the security scheme of addresses, this will take several days. As a side-effect GUI will need to change. Genesis addresses will change too, we'll add a special procedure for translation of addresses from old to new format upon the first authorization in the wallet. All this will make user experience and utility of Iota much better.

PS: Those who sent iotas to addresses with index 1+ should send them back to the genesis address (or an address generated with index = 0) by the 26th of March 13:00 UTC. Those who know how to send iotas via API calls can send them to the buyers (to addresses generated with index = 0 only). After the deadline I'll publish the list of addresses (in old format) and corresponding balances. This list will be used for conversion from old to new format, escrow agents can rely on it to finalize some of the trades.

Will this affect the quantum computing resilience of IOTA transactions and address keys from being hacked?

Also, is this change a modification to the SaM hashing algorithm or is this strictly a modification to address and signature generation?

[l8orre]

When will IOTA with GUI release?

I didn't like user experience with the current GUI because of necessity to use another address each time. Even in Bitcoin it's possible to reuse addresses. I'll change the security scheme of addresses, this will take several days. As a side-effect GUI will need to change. Genesis addresses will change too, we'll add a special procedure for translation of addresses from old to new format upon the first authorization in the wallet. All this will make user experience and utility of Iota much better.

PS: Those who sent iotas to addresses with index 1+ should send them back to the genesis address (or an address generated with index = 0) by the 26th of March 13:00 UTC. Those who know how to send iotas via API calls can send them to the buyers (to addresses generated with index = 0 only). After the deadline I'll publish the list of addresses (in old format) and corresponding balances. This list will be used for conversion from old to new format, escrow agents can rely on it to finalize some of the trades.

and those that have never sent any IOTA anywhere do not need to do anything?!

[Come-from-Beyond]

Addresses that didnt make any transfers, or the ones who escrowed with you changing genesis  in the past, dont need to do anything, right?

Right, if their index was 0. Addresses generated via collect.iotatoken.com had index = 0.

[Come-from-Beyond]

and those that have never sent any IOTA anywhere do not need to do anything?!

If index = 0 then nothing.

[Come-from-Beyond]

Will this affect the quantum computing resilience of IOTA transactions and address keys from being hacked?

Also, is this change a modification to the SaM hashing algorithm or is this strictly a modification to address and signature generation?

Resilience against QCs will be improved to 2^192.

Only modification of address and sig generation.

[Come-from-Beyond]

This! 

This is minimal security of NSA for their TOP SECRET files - https://www.nsa.gov/ia/programs/suiteb_cryptography/index.shtml

Use SHA-384 to protect up to TOP SECRET.

They don't recommend to use 256-bit hashes.

[achimsmile]

Will this affect the quantum computing resilience of IOTA transactions and address keys from being hacked?

Also, is this change a modification to the SaM hashing algorithm or is this strictly a modification to address and signature generation?

Resilience against QCs will be improved to 2^192.

Only modification of address and sig generation.

Nice!
How many times will I be able to send iotas from the same address and still be relatively safe?

[Come-from-Beyond]

Nice!
How many times will I be able to send iotas from the same address and still be relatively safe?

2^17 or 2^26, not decided yet (and subject to user preferences).

[bighodler]

https://azure.microsoft.com/en-us/blog/azure-blockchain-update-6/

Why is IOTA not mentioned yet?

New update make azure look like the joke. Everything and kitchen sink.

You must not understand Microsoft's strategy. There'll be a big update about real life application for the IOTA-Azure program soon.

Yes. I say clearly. It is Everything and kitchen sink strategy.

[WorldCoiner]

When will IOTA with GUI release?

I didn't like user experience with the current GUI because of necessity to use another address each time. Even in Bitcoin it's possible to reuse addresses. I'll change the security scheme of addresses, this will take several days. As a side-effect GUI will need to change. Genesis addresses will change too, we'll add a special procedure for translation of addresses from old to new format upon the first authorization in the wallet. All this will make user experience and utility of Iota much better.

PS: Those who sent iotas to addresses with index 1+ should send them back to the genesis address (or an address generated with index = 0) by the 26th of March 13:00 UTC. Those who know how to send iotas via API calls can send them to the buyers (to addresses generated with index = 0 only). After the deadline I'll publish the list of addresses (in old format) and corresponding balances. This list will be used for conversion from old to new format, escrow agents can rely on it to finalize some of the trades.

Good decision. I think this makes sense even if it causes an additional time delay. Thanks for keeping us updated here with the development.

[l8orre]

and those that have never sent any IOTA anywhere do not need to do anything?!

If index = 0 then nothing.

I will need to check what the index was - all I have is my passphrase and the address

[Come-from-Beyond]

I will need to check what the index was - all I have is my passphrase and the address

There is only 1 way to generate an address with index != 0, via console. Have you touched the console? Have you typed there things that you weren't sure what they did? Was "generateaddress" one of them?

[sparta_cuss]

I will need to check what the index was - all I have is my passphrase and the address

There is only 1 way to generate an address with index != 0, via console. Have you touched the console? Have you typed there things that you weren't sure what they did? Was "generateaddress" one of them?

Great questions!
You know your audience. 

[l8orre]

I will need to check what the index was - all I have is my passphrase and the address

There is only 1 way to generate an address with index != 0, via console. Have you touched the console? Have you typed there things that you weren't sure what they did? Was "generateaddress" one of them?

nope. This clears it up for me, Thanks!

Also this:

Just to get it straight so I'm not confused...I downloaded the html file above and entered my password and got back my iota address. So this means my address is on index=0 -- therefore your message in blue does not apply to me? correct?

Correct.

[dulinxu]

When will IOTA with GUI release?

I didn't like user experience with the current GUI because of necessity to use another address each time. Even in Bitcoin it's possible to reuse addresses. I'll change the security scheme of addresses, this will take several days. As a side-effect GUI will need to change. Genesis addresses will change too, we'll add a special procedure for translation of addresses from old to new format upon the first authorization in the wallet. All this will make user experience and utility of Iota much better.

PS: Those who sent iotas to addresses with index 1+ should send them back to the genesis address (or an address generated with index = 0) by the 26th of March 13:00 UTC. Those who know how to send iotas via API calls can send them to the buyers (to addresses generated with index = 0 only). After the deadline I'll publish the list of addresses (in old format) and corresponding balances. This list will be used for conversion from old to new format, escrow agents can rely on it to finalize some of the trades.

So it is nothing to do with an 0 transaction account,right?

[bighodler]

http://www.dailytelegraph.com.au/entertainment/audiences-go-mad-for-iota-in-mad-max-fury-road/news-story/a50236f9dd1a8f1601bbe16cbe254470?nk=3c02fd36fb814d661041c6b39cd6dd55-1458792355

This is big news!

[CryptoMrM]

http://www.forbes.com/sites/rogeraitken/2016/03/14/can-bitteasers-blockchain-ad-network-disrupt-pay-per-click-market/#250685704e22

IOTA mentioned.