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oldisoft
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January 05, 2017, 07:49:59 AM |
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New great step! IOTA is working more and more smoothly! Cheers
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dzarmush
Legendary
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Activity: 1806
Merit: 1001
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January 07, 2017, 10:56:03 PM |
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what's the average price these days?
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ImI
Legendary
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Activity: 1946
Merit: 1019
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January 07, 2017, 10:58:53 PM |
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what's the average price these days? About 6BTC/Ti
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dzarmush
Legendary
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Activity: 1806
Merit: 1001
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January 07, 2017, 11:08:46 PM |
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what's the average price these days? About 6BTC/Ti That makes Iota capitalization around 16K BTC? Looks pretty good, still some room to grow. Could you point me to pages or an article when everything changed? I remember there was a regular ICO with total supply of 1 billion Iota if I'm not mistaken. Now there are Gi, Ti etc. I missed that.
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ImI
Legendary
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Activity: 1946
Merit: 1019
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January 07, 2017, 11:21:03 PM |
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what's the average price these days? About 6BTC/Ti That makes Iota capitalization around 16K BTC? Looks pretty good, still some room to grow. Could you point me to pages or an article when everything changed? I remember there was a regular ICO with total supply of 1 billion Iota if I'm not mistaken. Now there are Gi, Ti etc. I missed that. That might help: http://www.iotasupport.com/
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valley365
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January 08, 2017, 12:01:16 AM |
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This article is wrong to say there are 10^12 bytes, lol. There are 10^15 bytes, isn't it? The author is apparently weak in Math and does not count zeros correctly. I am not familiar with IOTA, is there 2.78*10^15 IOTA? unless the author counted digits wrong again, I read somewhere 40K IOTA worth 1 BTC? this mean IOTA market cap worth 70 billions BTC??? I must missed something here...
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CryptKeeper
Legendary
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Activity: 2044
Merit: 1055
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January 08, 2017, 01:11:51 AM |
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This article is wrong to say there are 10^12 bytes, lol. There are 10^15 bytes, isn't it? The author is apparently weak in Math and does not count zeros correctly. I am not familiar with IOTA, is there 2.78*10^15 IOTA? unless the author counted digits wrong again, I read somewhere 40K IOTA worth 1 BTC? this mean IOTA market cap worth 70 billions BTC??? I must missed something here... You're right: The total number of bytes is 1015, all bytes will be issued in the genesis transaction. Since the fees paid are returned into the circulation, the money supply will remain the same.
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Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
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SteveoMB
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January 08, 2017, 02:27:46 AM |
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I am not familiar with IOTA, is there 2.78*10^15 IOTA? unless the author counted digits wrong again, I read somewhere 40K IOTA worth 1 BTC? this mean IOTA market cap worth 70 billions BTC??? I must missed something here... This article is wrong to say there are 10^12 bytes, lol. There are 10^15 bytes, isn't it? The author is apparently weak in Math and does not count zeros correctly. the author just copied it wrong. will change it soo. thanks for the hint. you miss something.
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solix
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January 08, 2017, 07:14:09 PM |
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Is there a market anywhere yet for those of us that want to buy in and missed the initial distribution?
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Your Ad here! PM us now if you'd like to advertise here.
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SatoNatomato
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January 09, 2017, 12:29:30 PM |
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How does Iota deal with spam?
Ive run an Iota node and seen much spam transactions. There is a PoW for sending a transaction? Is that PoW difficulty adjusted, whats stopping a bitcoin miner or other asic/gpu from spamming everything with dumb transactions?
How does Iota solve the "parasite tangle" problem?
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50cent_rapper
Legendary
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Activity: 1344
Merit: 1000
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January 09, 2017, 12:52:17 PM |
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How does Iota deal with spam?
Ive run an Iota node and seen much spam transactions. There is a PoW for sending a transaction? Is that PoW difficulty adjusted, whats stopping a bitcoin miner or other asic/gpu from spamming everything with dumb transactions?
Each transaction requires a PoW. The more transactions/spam is in the network the more secure is the network (it's like putting more mining power into bitcoin blockchain) and the faster is confirmation time. You are welcome to spam as much as you like! How does Iota solve the "parasite tangle" problem?
Section 4.1 A parasite chain attack and a new tip selection algorithm in whitepaper is a good starting point.
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oldisoft
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January 10, 2017, 07:19:53 AM |
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Welcome Chris Skinner to Our Great IOTA Team!
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SatoNatomato
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January 10, 2017, 02:23:51 PM |
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Why would anyone be buying Iotatokens when they can just run their own instance of Iota, for their own purpose?
As Iota is IoT, M2M oriented.
For instance, BWM could run it for their cars and sell access/data to others who want their data - and take a higher fee than just relying on your instance Iota?
Or any other purpose where you need M2M communication, you would run your own instance, and call it a day, why waste money buying something is is free anyway?
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Scott J
Legendary
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Activity: 1792
Merit: 1000
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January 10, 2017, 02:27:56 PM |
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Why would anyone be buying Iotatokens when they can just run their own instance of Iota, for their own purpose?
As Iota is IoT, M2M oriented.
For instance, BWM could run it for their cars and sell access/data to others who want their data - and take a higher fee than just relying on your instance Iota?
Or any other purpose where you need M2M communication, you would run your own instance, and call it a day, why waste money buying something is is free anyway?
Because the IoT needs to be interoperable. Every corporation having their own network will not work.
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