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Author Topic: IOTA  (Read 1473400 times)
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John_Paul
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January 05, 2017, 01:59:04 AM
 #7101

two useful resources (/tutorials) to get started with IOTA - http://iotasupport.com/ and https://iota.readme.io/v1.1.0/docs
oldisoft
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January 05, 2017, 07:49:59 AM
 #7102


New great step! IOTA is working more and more smoothly!

Cheers

CryptKeeper
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January 07, 2017, 01:36:23 AM
 #7103

Byteball vs IOTA-token. Basic features and field of application explained!
http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
dzarmush
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January 07, 2017, 10:56:03 PM
 #7104


what's the average price these days?

ImI
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January 07, 2017, 10:58:53 PM
 #7105


About 6BTC/Ti
dzarmush
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January 07, 2017, 11:08:46 PM
 #7106


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.

ImI
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January 07, 2017, 11:21:03 PM
 #7107


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/
valley365
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January 08, 2017, 12:01:16 AM
 #7108

Byteball vs IOTA-token. Basic features and field of application explained!
http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/

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...
CryptKeeper
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January 08, 2017, 01:11:51 AM
 #7109

Byteball vs IOTA-token. Basic features and field of application explained!
http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/

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:

Quote
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.

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
SteveoMB
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January 08, 2017, 02:27:46 AM
 #7110

Byteball vs IOTA-token. Basic features and field of application explained!
http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/
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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rage1337
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January 08, 2017, 06:34:43 PM
Last edit: January 29, 2017, 12:07:31 AM by rage1337
 #7111

I will try to regularly summarize the news and the status as it is relatively difficult to keep track of everything over Slack.

News beginning from 01.01.17:
Year-review: https://medium.com/iotatangle/iota-year-in-review-year-in-preview-6de510696e02
Byteball vs IOTA-token. Basic features and field of application explained! http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/
Artikel from bitcoin magazine on NASDAQ (short mention): http://www.nasdaq.com/article/blockchain-technology-to-power-next-generation-distributed-supercomputers-cm728742
Current revealed Foundation members: https://forum.iotatoken.com/t/current-revealed-foundation-members/1098
German article: Wie mit Blockchain völlig neue Ansätze im Cloud-Computing verfolgt werden können
Article from Carsten Stöcker (foundation member):   Thomas Birr and Carsten Stöcker of innogy SE look at how transportation will meet blockchain transactions


Wallet/Nodes:
Actual wallet (GUI), v2.0.2-1: https://github.com/iotaledger/wallet/releases
IRI (for nodes without GUI): http://85.93.93.110/iri-1.1.2.3.jar

Guide for a headless node: http://iotasupport.com/headlessnode.shtml
Guide for the GUI: http://iotasupport.com/guiwallet.shtml

In slack is an active community, nevertheless if you have a problem with the GUI or your node you can contact me directly and I will try to help you! "Mark W" @rage1337
https://iotatangle.slack.com

Actual I rent 4 nodes (all 24/7 VPS) and can also provide you a neighbor IP. I would be glad if you support me, one single node is not that expensive but many are  Wink
I would use your donation exclusively to operate further nodes with which I support the community and IOTA, thank you!
BTC: 15x2uRCvRah8dogXNguCEVKxr94JhTkBWm

Light-wallet tests are expected to start next week! Should I be selected as a tester I try to report Cool


Misc:
Good start for newcomer: http://iotasupport.com/
View current transactions, network load and the tangle graph http://iota.cool/
solix
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January 08, 2017, 07:14:09 PM
 #7112

Is there a market anywhere yet for those of us that want to buy in and missed the initial distribution?

Your Ad here! PM us now if you'd like to advertise here.
50cent_rapper
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January 08, 2017, 07:23:45 PM
 #7113

Is there a market anywhere yet for those of us that want to buy in and missed the initial distribution?

Currently here https://bitcointalk.org/index.php?topic=1550236.0
Use escrow.
SatoNatomato
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January 09, 2017, 12:29:30 PM
 #7114

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?
50cent_rapper
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January 09, 2017, 12:52:17 PM
 #7115

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!  Smiley

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.

SteveoMB
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January 09, 2017, 06:31:20 PM
 #7116

Chris Skinner joined the IOTA-Foundation

https://medium.com/iotatangle/welcome-chris-skinner-to-the-iota-foundation-6015f19f05#.hvn9b85gn

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KimNg
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January 09, 2017, 11:29:38 PM
 #7117

I see some of our foundation members doing a great job of actively promoting IOTA. http://blockgeeks.com/author/pclind1/

Sensor data from each autonomous vehicle will be generating approximately 4 terabytes of data a day.
https://newsroom.intel.com/editorials/krzanich-the-future-of-automated-driving/

Intel's hardware platform for automated driving. http://intel.com/automotive/GO

3,000 four-passenger cars could serve 98 percent of taxi demand in New York City, with an average wait-time of only 2.7 minutes.
https://news.mit.edu/2016/how-ride-sharing-can-improve-traffic-save-money-and-help-environment-0104
https://www.youtube.com/watch?v=xHWrRci0H54

The solution for these automotive M2M transactions is IOTA Inside. Smiley

oldisoft
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January 10, 2017, 07:19:53 AM
 #7118


Welcome Chris Skinner to Our Great IOTA Team!

SatoNatomato
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January 10, 2017, 02:23:51 PM
 #7119

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?
Scott J
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January 10, 2017, 02:27:56 PM
 #7120

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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