IOTA

[50cent_rapper]

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

This can be a general question for all cryptocurrencies such as bitocoin and ethereum. The main advantage for public crypto network like bitcoin, ethereum and iota is their lower cost and higher efficiency when comparing to their private counterparts. For instance, the payment/tansactional settlement cost and data storage cost can be much cheaper in a public network than a private network. The entry barrier in a public network is much lower than a private one. Lower cost and higher efficiency can be translated into profit which is the ultimate goal for the companies.

That is why many people believe that the private blockchain (blockchain/bitcoin without coins ) will not work because it will lose the advantage of lower cost. Whence a company loses the advantage of lower cost it will lose the competition in the marketplace. Maybe in the future the private chains and public chains will co-exist. But public chains will still be the dominant force in the market simply because they are cheaper and more efficient, maybe similar to today's internet and intranet.    

There are differences to bitcoin and etherun vs Iota. Bitcoin/Ethereum have PoW, which cant be easily reproduced, but Iota has no such thing, it can easily be cloned, and tokens distributed at will. Bitcoins are generated, so cannot be distributed without investing alot of time or hardware up front.

Security is an issue on public networks, connecting any of your systems to the internet is opening it up for abuse and dealing with those extra costs. Private networks, firewalls and all-things internal-to-enterprise servers exist for this reason. The entry to public is higher than private.

Your argument is true for blockchain based PoW systems where distribution happens over time, but not for Iota.

ALSO, IOTA is reddit.com/r/bitcoin full of censorship and groupthink, it wont succeed because of this close-minded, authoritarian approach to criticism and questions.

so if you want to make it happen support Iota by setting up an active node.

BYTEBALL https://bitcointalk.org/index.php?topic=1608859 doesnt have the dumb problem of finding other nodes by using proprietary slack service to talk to people and then a month later fail to have a working node because people shut off their "nodes" for a while.

Iota doesnt even have a peer-to-peer network. Iota as it is cannot even work over Tor. Byteball can.

Why in hell you will run IoT-device over Tor 
Please do not post drunk! 

[John_Paul]

There are differences to bitcoin and etherun vs Iota. Bitcoin/Ethereum have PoW, which cant be easily reproduced, but Iota has no such thing, it can easily be cloned, and tokens distributed at will. Bitcoins are generated, so cannot be distributed without investing alot of time or hardware up front.
Security is an issue on public networks, connecting any of your systems to the internet is opening it up for abuse and dealing with those extra costs. Private networks, firewalls and all-things internal-to-enterprise servers exist for this reason. The entry to public is higher than private.
Your argument is true for blockchain based PoW systems where distribution happens over time, but not for Iota.
ALSO, IOTA is reddit.com/r/bitcoin full of censorship and groupthink, it wont succeed because of this close-minded, authoritarian approach to criticism and questions.

You did not get it. What I meant is that the public chains have innate advantages in cost and efficiency no matter they are PoW or PoS or IOTA a like in comparison with private chains.

The private chains don't keep the PoW when they clone the PoW chains like Bitcoins. I remember someone mentioned that R3 is basically Bitcoin without the coins.

The security issue for public chains is not unique for IOTA. It is common for all cryptocurrencies like bitocin and ehtereum.

[Come-from-Beyond]

BYTEBALL https://bitcointalk.org/index.php?topic=1608859 doesnt have the dumb problem of finding other nodes by using proprietary slack service to talk to people and then a month later fail to have a working node because people shut off their "nodes" for a while.

How did Byteball solve this dumb problem?

[WorldCoiner]

BYTEBALL https://bitcointalk.org/index.php?topic=1608859 doesnt have the dumb problem of finding other nodes by using proprietary slack service to talk to people and then a month later fail to have a working node because people shut off their "nodes" for a while.

How did Byteball solve this dumb problem?

I’m not a very good technical expert, but I think at the moment there are running 12 „Witness-Nodes“ and they are saving the Network. At the moment they are hosted by developer Tony in the Future it should be de-centralized and you can chose them in your wallet.
So at the moment the Network is not fully decentralized.

[SatoNatomato]

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

This can be a general question for all cryptocurrencies such as bitocoin and ethereum. The main advantage for public crypto network like bitcoin, ethereum and iota is their lower cost and higher efficiency when comparing to their private counterparts. For instance, the payment/tansactional settlement cost and data storage cost can be much cheaper in a public network than a private network. The entry barrier in a public network is much lower than a private one. Lower cost and higher efficiency can be translated into profit which is the ultimate goal for the companies.

That is why many people believe that the private blockchain (blockchain/bitcoin without coins ) will not work because it will lose the advantage of lower cost. Whence a company loses the advantage of lower cost it will lose the competition in the marketplace. Maybe in the future the private chains and public chains will co-exist. But public chains will still be the dominant force in the market simply because they are cheaper and more efficient, maybe similar to today's internet and intranet.    

There are differences to bitcoin and etherun vs Iota. Bitcoin/Ethereum have PoW, which cant be easily reproduced, but Iota has no such thing, it can easily be cloned, and tokens distributed at will. Bitcoins are generated, so cannot be distributed without investing alot of time or hardware up front.

Security is an issue on public networks, connecting any of your systems to the internet is opening it up for abuse and dealing with those extra costs. Private networks, firewalls and all-things internal-to-enterprise servers exist for this reason. The entry to public is higher than private.

Your argument is true for blockchain based PoW systems where distribution happens over time, but not for Iota.

ALSO, IOTA is reddit.com/r/bitcoin full of censorship and groupthink, it wont succeed because of this close-minded, authoritarian approach to criticism and questions.

so if you want to make it happen support Iota by setting up an active node.

BYTEBALL https://bitcointalk.org/index.php?topic=1608859 doesnt have the dumb problem of finding other nodes by using proprietary slack service to talk to people and then a month later fail to have a working node because people shut off their "nodes" for a while.

Iota doesnt even have a peer-to-peer network. Iota as it is cannot even work over Tor. Byteball can.

Why in hell you will run IoT-device over Tor 
Please do not post drunk! 

Oh no, I thought of a use-case which was not blessed by the developers/Iota-foundation members, shame on me, I will now go and cry.

[Come-from-Beyond]

I’m not a very good technical expert, but I think at the moment there are running 12 „Witness-Nodes“ and they are saving the Network. At the moment they are hosted by developer Tony in the Future it should be de-centralized and you can chose them in your wallet.
So at the moment the Network is not fully decentralized.

This explains why there is no a protection against an eclipse attack, which can be conducted if a naive peer discovery is used (which is the case of Byteball, I noticed this trying to recover byteballs of my friend). In IOTA necessity to talk to people is an anti-Sybil measure. Poor SatoNatomato doesn't understand all these nuances, I suggest to forgive his childishness.

[WorldCoiner]

I’m not a very good technical expert, but I think at the moment there are running 12 „Witness-Nodes“ and they are saving the Network. At the moment they are hosted by developer Tony in the Future it should be de-centralized and you can chose them in your wallet.
So at the moment the Network is not fully decentralized.

This explains why there is no a protection against an eclipse attack, which can be conducted if a naive peer discovery is used (which is the case of Byteball, I noticed this trying to recover byteballs of my friend). In IOTA necessity to talk to people is an anti-Sybil measure. Poor SatoNatomato doesn't understand all these nuances, I suggest to forgive his childishness.

Good point Come-from-Beyond. An other Topic: You know BCNext as well and at the very beginning I was thinking, after reading the Byteball Whitepaper, it could be him (Tony declined this later)
What do you think?

[zanzibar]

Good point Come-from-Beyond. An other Topic: You know BCNext as well and at the very beginning I was thinking, after reading the Byteball Whitepaper, it could be him (Tony declined this later)
What do you think?

Dude, CFB is BCNext

[WorldCoiner]

Good point Come-from-Beyond. An other Topic: You know BCNext as well and at the very beginning I was thinking, after reading the Byteball Whitepaper, it could be him (Tony declined this later)
What do you think?

Dude, CFB is BCNext

I doubt this, check out this link. I don't expect he has played sockpuppet theater since the very beginning:
https://bitcointalk.org/index.php?topic=303898.msg3301527#msg3301527

[Come-from-Beyond]

Good point Come-from-Beyond. An other Topic: You know BCNext as well and at the very beginning I was thinking, after reading the Byteball Whitepaper, it could be him (Tony declined this later)
What do you think?

I think tonych is not BCNext.

[50cent_rapper]

Good point Come-from-Beyond. An other Topic: You know BCNext as well and at the very beginning I was thinking, after reading the Byteball Whitepaper, it could be him (Tony declined this later)
What do you think?

I think tonych is not BCNext.

May be he is Satoshi Nakamoto 
We have a lot of suspects.

[Come-from-Beyond]

May be he is Satoshi Nakamoto 
We have a lot of suspects.

Maybe

[WorldCoiner]

Good point Come-from-Beyond. An other Topic: You know BCNext as well and at the very beginning I was thinking, after reading the Byteball Whitepaper, it could be him (Tony declined this later)
What do you think?

I think tonych is not BCNext.

Thanks, so it's just the book "1984" is very popular in Eastern Europe.

[SatoNatomato]

I’m not a very good technical expert, but I think at the moment there are running 12 „Witness-Nodes“ and they are saving the Network. At the moment they are hosted by developer Tony in the Future it should be de-centralized and you can chose them in your wallet.
So at the moment the Network is not fully decentralized.

This explains why there is no a protection against an eclipse attack, which can be conducted if a naive peer discovery is used (which is the case of Byteball, I noticed this trying to recover byteballs of my friend). In IOTA necessity to talk to people is an anti-Sybil measure. Poor SatoNatomato doesn't understand all these nuances, I suggest to forgive his childishness.

LOL. OK

Ill just ask all the customers of my IoT device to join your slack channel and talk to peer their IoT devices with each other in order to transact worthless iota tokens.

You can throw words around, eclipse, but its not like you understand how to construct usable valuable software.

Anti-Sybil measures can be implemented without resorting to slack-channels, such as Persea. But you wouldnt know of that right. And byteball has, just like most other cryptocurrencies, especially PoS based ones, Eclipse-attack protection in the form of - "hey visit an or two public explorers and check your address and balance before you actually use it to transact to ensure you are not eclipsed". Your attempts at defaming byteball is laughable. Just like kicking and banning byteball discussion in Iota slack.

[SteveoMB]

I’m not a very good technical expert, but I think at the moment there are running 12 „Witness-Nodes“ and they are saving the Network. At the moment they are hosted by developer Tony in the Future it should be de-centralized and you can chose them in your wallet.
So at the moment the Network is not fully decentralized.

This explains why there is no a protection against an eclipse attack, which can be conducted if a naive peer discovery is used (which is the case of Byteball, I noticed this trying to recover byteballs of my friend). In IOTA necessity to talk to people is an anti-Sybil measure. Poor SatoNatomato doesn't understand all these nuances, I suggest to forgive his childishness.

LOL. OK

Ill just ask all the customers of my IoT device to join your slack channel and talk to peer their IoT devices with each other in order to transact worthless iota tokens.

You can throw words around, eclipse, but its not like you understand how to construct usable valuable software.

Anti-Sybil measures can be implemented without resorting to slack-channels, such as Persea. But you wouldnt know of that right. And byteball has, just like most other cryptocurrencies, especially PoS based ones, Eclipse-attack protection in the form of - "hey visit an or two public explorers and check your address and balance before you actually use it to transact to ensure you are not eclipsed". Your attempts at defaming byteball is laughable. Just like kicking and banning byteball discussion in Iota slack.

trolling intensifies. and there are discussions in slack but your imagination is your problem, not IOTA's. everyone is saying that Byteball is legit, but no competitor in the IoT. What's wrong about that?

[zanzibar]

trolling intensifies. and there are discussions in slack but your imagination is your problem, not IOTA's. everyone is saying that Byteball is legit, but no competitor in the IoT. What's wrong about that?

Byteball is also 50% owned by 4 ICO groups; Lisk, Waves, Iconomi and Kmodo. The distribution model will kill it, unfortunately.

[Limx Dev]

trolling intensifies. and there are discussions in slack but your imagination is your problem, not IOTA's. everyone is saying that Byteball is legit, but no competitor in the IoT. What's wrong about that?

Byteball is also 50% owned by 4 ICO groups; Lisk, Waves, Iconomi and Kmodo. The distribution model will kill it, unfortunately.

50% from 10 % ....

[SatoNatomato]

I’m not a very good technical expert, but I think at the moment there are running 12 „Witness-Nodes“ and they are saving the Network. At the moment they are hosted by developer Tony in the Future it should be de-centralized and you can chose them in your wallet.
So at the moment the Network is not fully decentralized.

This explains why there is no a protection against an eclipse attack, which can be conducted if a naive peer discovery is used (which is the case of Byteball, I noticed this trying to recover byteballs of my friend). In IOTA necessity to talk to people is an anti-Sybil measure. Poor SatoNatomato doesn't understand all these nuances, I suggest to forgive his childishness.

LOL. OK

Ill just ask all the customers of my IoT device to join your slack channel and talk to peer their IoT devices with each other in order to transact worthless iota tokens.

You can throw words around, eclipse, but its not like you understand how to construct usable valuable software.

Anti-Sybil measures can be implemented without resorting to slack-channels, such as Persea. But you wouldnt know of that right. And byteball has, just like most other cryptocurrencies, especially PoS based ones, Eclipse-attack protection in the form of - "hey visit an or two public explorers and check your address and balance before you actually use it to transact to ensure you are not eclipsed". Your attempts at defaming byteball is laughable. Just like kicking and banning byteball discussion in Iota slack.

trolling intensifies. and there are discussions in slack but your imagination is your problem, not IOTA's. everyone is saying that Byteball is legit, but no competitor in the IoT. What's wrong about that?

Byteball is more suited for IoT than Iota is.

Please do tell, which IoT platforms does Iota currently run on?

[zanzibar]

trolling intensifies. and there are discussions in slack but your imagination is your problem, not IOTA's. everyone is saying that Byteball is legit, but no competitor in the IoT. What's wrong about that?

Byteball is also 50% owned by 4 ICO groups; Lisk, Waves, Iconomi and Kmodo. The distribution model will kill it, unfortunately.

50% from 10 % ....

Yes, but those groups will only have to just sit back and collect more Byteball with each distribution round.

[WorldCoiner]

trolling intensifies. and there are discussions in slack but your imagination is your problem, not IOTA's. everyone is saying that Byteball is legit, but no competitor in the IoT. What's wrong about that?

Byteball is also 50% owned by 4 ICO groups; Lisk, Waves, Iconomi and Kmodo. The distribution model will kill it, unfortunately.

50% from 10 % ....

If they do nothing and just keep most of their BTC and already distributed Byteball, they will Keep their share in % of the cake.
But Waves will already get less.