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SteveoMB
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December 07, 2016, 01:09:30 PM |
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IOTA is not hitting exchanges yet because the software isn't tested properly and the network not big and stable enough to throw it into the lioncage where a lot of potato-lions are waiting to make the same mistakes over and over again.
We need more testers and people for the nodes.
Go into slack and offer your help!
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John_Paul
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December 07, 2016, 01:13:17 PM |
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Assuming this means at least another 45 days until we see any exchanges? No, this is separate. Okay thanks, should we be running testnet or actual mainnet GUI client to search for bugs? The main net. As mentioned in the blog: "Initially the scope of the bounty program will be limited to 3 of the most important repositories so far: IRI: The core IOTA Reference Implementation (dev branch) that you can find here: https://github.com/iotaledger/iri/tree/devJS Library: The Javascript library that does some of the heavy-lifting for core (including important functionality such as preparing and signing of inputs, etc.): https://github.com/iotaledger/iota.lib.jsGUI Wallet: The GUI Wallet, which is mainly oriented towards beginner users and as such, should function without any problems: https://github.com/iotaledger/wallet" More bug searching will greatly help on the exchange launch. |
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loveyouforever
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December 07, 2016, 01:28:46 PM |
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IOTA is not hitting exchanges yet because the software isn't tested properly and the network not big and stable enough to throw it into the lioncage where a lot of potato-lions are waiting to make the same mistakes over and over again.
We need more testers and people for the nodes.
Go into slack and offer your help!
Running a node would cost money, if there is no insensitive, why does a person run a node, except IOTA holders. In my IP list, some of them are already dead now. I cost 300+ USD per month to run a node, if I am not a IOTA holder, I will not do this thing. |
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SteveoMB
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December 07, 2016, 01:42:24 PM |
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IOTA is not hitting exchanges yet because the software isn't tested properly and the network not big and stable enough to throw it into the lioncage where a lot of potato-lions are waiting to make the same mistakes over and over again.
We need more testers and people for the nodes.
Go into slack and offer your help!
Running a node would cost money, if there is no insensitive, why does a person run a node, except IOTA holders. In my IP list, some of them are already dead now. I cost 300+ USD per month to run a node, if I am not a IOTA holder, I will not do this thing. I'm running a node and there is now way it cost 300$ a month. Exemplary calculation: Node in idle on my desktop Xeon: 132watts. 132 x 24h = 3.1 kiloWatts/day 3.1 kW x 30 = 93 kW Kilowatt price Germany atm: 28,69 Cent 93kw x 28,69 cents = 26 € 26€ x 1,07142 (factor: €/$) = 28,587307014 $ Spamming would double the outcome I guess. So. If you cannot spare 30 dollar on a new technology, but you are able to work/play with cryptocurrencies in general, then you're doing something wrong. But lets be honest: we all know that the majority of people is just here to make money and don't wanna step up to change things in this realm so I guess you have to wait for that day because the testing WILL be completed before it's getting listed. Dom and David were pretty clear about that. |
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loveyouforever
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December 07, 2016, 02:24:10 PM |
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IOTA is not hitting exchanges yet because the software isn't tested properly and the network not big and stable enough to throw it into the lioncage where a lot of potato-lions are waiting to make the same mistakes over and over again.
We need more testers and people for the nodes.
Go into slack and offer your help!
Running a node would cost money, if there is no insensitive, why does a person run a node, except IOTA holders. In my IP list, some of them are already dead now. I cost 300+ USD per month to run a node, if I am not a IOTA holder, I will not do this thing. I'm running a node and there is now way it cost 300$ a month. Exemplary calculation: Node in idle on my desktop Xeon: 132watts. 132 x 24h = 3.1 kiloWatts/day 3.1 kW x 30 = 93 kW Kilowatt price Germany atm: 28,69 Cent 93kw x 28,69 cents = 26 € 26€ x 1,07142 (factor: €/$) = 28,587307014 $ Spamming would double the outcome I guess. So. If you cannot spare 30 dollar on a new technology, but you are able to work/play with cryptocurrencies in general, then you're doing something wrong. But lets be honest: we all know that the majority of people is just here to make money and don't wanna step up to change things in this realm so I guess you have to wait for that day because the testing WILL be completed before it's getting listed. Dom and David were pretty clear about that. Man, my node is on AWS(m4.xlarge), my local IP doesn't work at all. |
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SteveoMB
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December 07, 2016, 02:42:06 PM |
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IOTA is not hitting exchanges yet because the software isn't tested properly and the network not big and stable enough to throw it into the lioncage where a lot of potato-lions are waiting to make the same mistakes over and over again.
We need more testers and people for the nodes.
Go into slack and offer your help!
Running a node would cost money, if there is no insensitive, why does a person run a node, except IOTA holders. In my IP list, some of them are already dead now. I cost 300+ USD per month to run a node, if I am not a IOTA holder, I will not do this thing. I'm running a node and there is now way it cost 300$ a month. Exemplary calculation: Node in idle on my desktop Xeon: 132watts. 132 x 24h = 3.1 kiloWatts/day 3.1 kW x 30 = 93 kW Kilowatt price Germany atm: 28,69 Cent 93kw x 28,69 cents = 26 € 26€ x 1,07142 (factor: €/$) = 28,587307014 $ Spamming would double the outcome I guess. So. If you cannot spare 30 dollar on a new technology, but you are able to work/play with cryptocurrencies in general, then you're doing something wrong. But lets be honest: we all know that the majority of people is just here to make money and don't wanna step up to change things in this realm so I guess you have to wait for that day because the testing WILL be completed before it's getting listed. Dom and David were pretty clear about that. Man, my node is on AWS(m4.xlarge), my local IP doesn't work at all. Most people dont use these servers but their own computer for that which would be sufficient at this stage. And then costs are just no arguments, that's all I'm saying. |
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zanzibar
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December 07, 2016, 03:46:30 PM |
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IOTA is not hitting exchanges yet because the software isn't tested properly and the network not big and stable enough to throw it into the lioncage where a lot of potato-lions are waiting to make the same mistakes over and over again.
We need more testers and people for the nodes.
Go into slack and offer your help!
Running a node would cost money, if there is no insensitive, why does a person run a node, except IOTA holders. In my IP list, some of them are already dead now. I cost 300+ USD per month to run a node, if I am not a IOTA holder, I will not do this thing. Lol, wat, it cost near nothing to run a node. But why do people run a Bitcoin node, there is no incentive. |
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marcus1986
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December 07, 2016, 04:28:35 PM |
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IOTA is not hitting exchanges yet because the software isn't tested properly and the network not big and stable enough to throw it into the lioncage where a lot of potato-lions are waiting to make the same mistakes over and over again.
We need more testers and people for the nodes.
Go into slack and offer your help!
Running a node would cost money, if there is no insensitive, why does a person run a node, except IOTA holders. In my IP list, some of them are already dead now. I cost 300+ USD per month to run a node, if I am not a IOTA holder, I will not do this thing. Dude, I believe that you can find Instance Types for your node cheaper than your current. |
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banqueiro
Full Member
 Offline
Activity: 150
Merit: 100
cryptoPag.com
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December 07, 2016, 05:35:58 PM |
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IOTA is not hitting exchanges yet because the software isn't tested properly and the network not big and stable enough to throw it into the lioncage where a lot of potato-lions are waiting to make the same mistakes over and over again.
We need more testers and people for the nodes.
Go into slack and offer your help!
Perfect! Assuming this means at least another 45 days until we see any exchanges? No, this is separate. Okay thanks, should we be running testnet or actual mainnet GUI client to search for bugs? The main net. As mentioned in the blog: "Initially the scope of the bounty program will be limited to 3 of the most important repositories so far: IRI: The core IOTA Reference Implementation (dev branch) that you can find here: https://github.com/iotaledger/iri/tree/devJS Library: The Javascript library that does some of the heavy-lifting for core (including important functionality such as preparing and signing of inputs, etc.): https://github.com/iotaledger/iota.lib.jsGUI Wallet: The GUI Wallet, which is mainly oriented towards beginner users and as such, should function without any problems: https://github.com/iotaledger/wallet" More bug searching will greatly help on the exchange launch.  Running a node would cost money, if there is no insensitive, why does a person run a node, except IOTA holders. In my IP list, some of them are already dead now. I cost 300+ USD per month to run a node, if I am not a IOTA holder, I will not do this thing.
I agree with you that if you are not a IOTA early adopter, and neither someone interested in the tech, there is no incentive for you to run a node, and to know it better. (My grandmother, for instance, is also not interested, and it would make no sense for her to bother with IOTA)  But for those others who are early adopters, or who want to know this new technology, and who see its importance, running a node is not at all expensive. I have my nodes (even the testnet node, and the node I use as my personal web wallet) at this service, for example: https://lowendbox.com/blog/ssdnodes-openvz-ssd-vps-starting-at-30year-dallas-tx-montreal-caThey have been running smoothly for months. I only need to keep them updated  |
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Voidcrafter
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December 07, 2016, 06:19:30 PM |
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IOTA is not hitting exchanges yet because the software isn't tested properly and the network not big and stable enough to throw it into the lioncage where a lot of potato-lions are waiting to make the same mistakes over and over again.
We need more testers and people for the nodes.
Go into slack and offer your help!
Perfect! Assuming this means at least another 45 days until we see any exchanges? No, this is separate. Okay thanks, should we be running testnet or actual mainnet GUI client to search for bugs? The main net. As mentioned in the blog: "Initially the scope of the bounty program will be limited to 3 of the most important repositories so far: IRI: The core IOTA Reference Implementation (dev branch) that you can find here: https://github.com/iotaledger/iri/tree/devJS Library: The Javascript library that does some of the heavy-lifting for core (including important functionality such as preparing and signing of inputs, etc.): https://github.com/iotaledger/iota.lib.jsGUI Wallet: The GUI Wallet, which is mainly oriented towards beginner users and as such, should function without any problems: https://github.com/iotaledger/wallet" More bug searching will greatly help on the exchange launch. Running a node would cost money, if there is no insensitive, why does a person run a node, except IOTA holders. In my IP list, some of them are already dead now. I cost 300+ USD per month to run a node, if I am not a IOTA holder, I will not do this thing.
I agree with you that if you are not a IOTA early adopter, and neither someone interested in the tech, there is no incentive for you to run a node, and to know it better. (My grandmother, for instance, is also not interested, and it would make no sense for her to bother with IOTA) But for those others who are early adopters, or who want to know this new technology, and who see its importance, running a node is not at all expensive. I have my nodes (even the testnet node, and the node I use as my personal web wallet) at this service, for example: https://lowendbox.com/blog/ssdnodes-openvz-ssd-vps-starting-at-30year-dallas-tx-montreal-caThey have been running smoothly for months. I only need to keep them updated The problem with the incetive for running a node will be solved by jhin , the startup which later started developing iota. Iota is "only" the software , you might want to read up on the early development to get the full picture of what is trying to be archieved here. |
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laugh2btc
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December 07, 2016, 10:03:15 PM |
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I´m eager to know where IOTA stands in 1 year
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John_Paul
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December 08, 2016, 08:17:00 PM
Last edit: December 09, 2016, 01:41:09 AM by John_Paul |
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The incentive is that the users can use this network and make transactions of data and tokens with running the nodes. It means that the users/companies who run nodes will be able to access a free market and ledger to transfer/buy/sell/store/secure data without barriers, frictions and fees and build for-profit business on top it.
At this time, the users most likely are the speculators, investors, ,hobbyist, and enthusiasts. In the future, the users most likely will be companies and individuals who will actually build for-profit projects on top of IOTA. It is kind like the Internet. Internet itself is not a for-profit project. But people and companies can build for-profit projects on top of it. Therefore the network is up and running.
One of the significant differences between blockchain/Bitcoin and Tangle/IOTA is that blockchain separates the transaction issuers (users) and the transaction validators (miners) while in Tangle/IOTA the transaction issuers are also the transaction validitors. They are not separated and are the same party.
In the Blockchain, the transaction issuers have to hire miners to validate the transactions. Therefore the issuers have to pay for miners with the fees (miners are not able to work for free). They are two different parties and not always have same interests. In IOTA, however, since the issuers are also the validitors and they always have same interests, the issuers don't have to pay for the validation and the tansacrions can be without fees.
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vlight
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December 08, 2016, 11:18:32 PM |
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If it's not on exchanges, it's not out yet. You may disagree, of course.  |
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willowfoot
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December 09, 2016, 05:12:32 AM |
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baby steps Looking promising! |
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nrg1zer
Legendary
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Activity: 1190
Merit: 1000
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December 12, 2016, 10:44:41 AM |
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Good Job, i like it |
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oldisoft
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December 12, 2016, 01:36:55 PM |
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Thank You for Your job! Well done! |
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