IOTA

[frajervitalny]

Hey guys, I want to buy new laptop and use it as cold storage specifically for IOTA, can anyone tell me what are minimal HW recomendations??
I heard IOTA wallet is relatively heavy on CPU and maybe RAM.

[1714589733]

1714589733

[1714589733]

1714589733

[1714589733]

1714589733

[1714589733]

1714589733

[1714589733]

1714589733

[BitcoinArsenal]

"...and then if still pending after 5 reattachments be sure to contact the sender to verify that the transaction wasn’t double spent."

Thanks! So, does this mean that a payment which is not confirmed - despite of several times of reattaching - can be considered as double spend? For me it is so that I send a transaction few days ago which has not been confirmed yet although I have already reattached it four times. Should I newly resend the transaction? But if I resend the transaction completely, can it be that the old one can be confirmed afterwards so that I then paid twice as much to the recipient?

What is the difference between broadcasting and reattaching technically?
Also I would like to know what happened to the old IOTA addresses? When I started using IOTA in early 2016 I had an address where I received my first IOTA. The address had a space letter what was curious. If I input the address in todays tangle explorers it does not give me back information. It says address does not exist. How can I trace my tangle history with old addresses? I may also important for tax payments.

https://matthewwinstonjohnson.gitbooks.io/iota-guide-and-faq/getting-started/reattach-vs.html

[e-coinomist]

Hey guys, I want to buy new laptop and use it as cold storage specifically for IOTA, can anyone tell me what are minimal HW recomendations??
I heard IOTA wallet is relatively heavy on CPU and maybe RAM.

No it isn't. Anything capable of running any Java application suits.
Recieving IOTA requires almost no CPU cycles.

However... in practise things are more complicated. Some day you might want to be able to spend those IOTA, and that requires POW work to be done on your sending site. There are no miners who mine blocks for a small fee or block reward. That laptop should have some GPU. Intel i3 dualcore with onchip graphics suited me so far, besides some issues on occasion. Tried on a single core lacking any graphic hardware, attaching an empty new adress onto the tangle, ninty minutes runtime: No success.


Brainstorming: However "mining" could become a future bussiness? Service gets PGP signed message containing recipient address, percentage amount of fees to be gained, tangle explorer source address and private key wrapped inside additional PGP envelope that only this very service can decode. After two days (or arbitrary timeout) everybody could see if they initiated the transaction and played honest on fees. Lacks complete trustlessness.

Naw engineering overkill again, trying to force some "IOTA mining bussiness" into the scenario. It's doable replacing client sided POW work with Fee Payments, but unneeded.

[btcdee]

Hi! What do you think about Ethereum Raiden network?? Is it competitor for IOTA?? It will grow faster as the number of users goes higher, used for micro transactions and IoT transactions, as per Raiden devs... Can somebody clear this out??

Lightning and Raiden are only payment channels and can't transfer data as IOTA does. IOTA can transfer value and data freely in the network.

Could this be solved with the implementation of Raidos which is part of the Raiden project? It is currently in its planning phase and described on the raiden network website as followed:
"Raidos (or Raiden 2.0, “dos” is spanish for "two") is a proposed sidechain technology to generalize state channels. While the Raiden Network is limited to ERC20 token transfers, Raidos aims to scale Ethereum’s generalized computation capabilities through a network of satellite chains, which can host any smart contract. This technology is similar and complementary to Ethereum's sharding."

[rage1337]

Directlinks to the new versions:

IRI for full-nodes: https://github.com/iotaledger/iri/releases/tag/v1.4.0

GUI: https://github.com/iotaledger/wallet/releases/tag/v2.5.0

Please change the "Min Weight Magnitude" to 14, you can find it under "Tools" -> "Edit Node Configuration"

Most of the full-nodes are updating now.

[KRAUSS]

Hi! What do you think about Ethereum Raiden network?? Is it competitor for IOTA?? It will grow faster as the number of users goes higher, used for micro transactions and IoT transactions, as per Raiden devs... Can somebody clear this out??

Lightning and Raiden are only payment channels and can't transfer data as IOTA does. IOTA can transfer value and data freely in the network.

Payment = data transfer. value=data. Guess it is obviously. So what the difference between IOTA and Raiden??
Can somebody from Devs clear this out???

[DARKHOLDER]

how much iota coins is max supply?

[quasimodo]

how much iota coins is max supply?

2,779,530,283,277,761 or 2.779 x 10^15  (no decimal places)

[Kribenne]

This looks interesting project, will definitely keep eye on this. 

Yesterday I tried to sent a few more Iota from bitfinex to my light wallet. The transfer wasn't succesfull and i had to cancel the withdrawel.. When i opened my wallet today all my coins are gone and my wallet shows 0 balance. So all my Iota's are gone!!?? Can someone explain me what happened and how i cann get my coins back?

[e-coinomist]

Directlinks to the new versions:

IRI for full-nodes: https://github.com/iotaledger/iri/releases/tag/v1.4.0

GUI: https://github.com/iotaledger/wallet/releases/tag/v2.5.0

Please change the "Min Weight Magnitude" to 14, you can find it under "Tools" -> "Edit Node Configuration"

Most of the full-nodes are updating now.

Ack, set to 14.

Where did that transition tool vanished? The menu entry isn't there anymore.
What about people who did not done (or missed) the transition? Can they still use version 2.4.0 to keep up again?

Curious about the differences between WebGL 2 curl vs. ccurl. Looks like some POW speedup. Which is irrelevant if applied by everybody.

[vitocorp]

Snapshot: Public Validation 22.09.2017

As previously announced, today we are conducting another snapshot in IOTA which is intended to finalize the Curl to Kerl upgrade and introduce a newly improved IRI release to the community.

Because this snapshot is more complex, we are giving the community more time to independently validate the snapshot. If at least 3 people have independently validated the snapshot and no serious concerns are raised, we will be releasing the new IRI version at 10AM UTC and relaunch the Coordinator at Milestone: 217000

https://forum.iota.org/t/snapshot-public-validation-22-09-2017/4256

[Kribenne]

This looks interesting project, will definitely keep eye on this. 

Yesterday I tried to sent a few more Iota from bitfinex to my light wallet. The transfer wasn't succesfull and i had to cancel the withdrawel.. When i opened my wallet today all my coins are gone and my wallet shows 0 balance. So all my Iota's are gone!!?? Can someone explain me what happened and how i cann get my coins back?

i have light wallet, release v2.5.0 and changed the "Min Weight Magnitude" to 14 but still balance shows 0 balance??!!

[Kribenne]

This looks interesting project, will definitely keep eye on this. 

Yesterday I tried to sent a few more Iota from bitfinex to my light wallet. The transfer wasn't succesfull and i had to cancel the withdrawel.. When i opened my wallet today all my coins are gone and my wallet shows 0 balance. So all my Iota's are gone!!?? Can someone explain me what happened and how i cann get my coins back?

i have light wallet, release v2.5.0 and changed the "Min Weight Magnitude" to 14 but still balance shows 0 balance??!!

no transaction history, no nothing Schermafbeelding 2017-09-22 om 18.06.34

[Koontas]

It is nice to see that IOTA almost completely recovered from the latest fud campaigns and stands so strong in hard market sentiment like we have right now.

[albertorma]

"...and then if still pending after 5 reattachments be sure to contact the sender to verify that the transaction wasn’t double spent."

Thanks! So, does this mean that a payment which is not confirmed - despite of several times of reattaching - can be considered as double spend? For me it is so that I send a transaction few days ago which has not been confirmed yet although I have already reattached it four times. Should I newly resend the transaction? But if I resend the transaction completely, can it be that the old one can be confirmed afterwards so that I then paid twice as much to the recipient?

I'm not an expert but I think I can help you.

I had a double spent problem a few days ago. I was selling IOTA to some friends "A" and "B". Understand that every time you made a transaction, you generate another iota addres which your iotas are moved to.

I sent 1 Giota to A and after some minutes, before A transaction was confirmed, I sent 1 Giota to B. B transaction was confirmed sucesfully after some minutes, but after 5 days A transaction was still unconfirmed. The reason? My iotas were moved to another address, so there were no iotas left to spend in this transaction. The transaction will never be confirmed, so I resent the Giota. The unconfirmed transaction didnt take off my Giota since it's unconfirmed.

Use a tangle explorer and check if the address you are sending IOTA from have funds. If it does, It should be matter of waiting. If it doesn't then resend it.

[DouglasAguiar]

I have 100 miota in wallet 2.3, how am I going to transfer to wallet 2.5?

[albertorma]

I have 100 miota in wallet 2.3, how am I going to transfer to wallet 2.5?

As long as you have your seed there shouldn't be a problem.

Just download and install IOTA Light Wallet 2.5, and then log with your seed.

It might appear you have 0 IOTA, in that case just generate and reattach receiving addresses until you fully recovered your iota.

If you made a lot of IOTA transactions it might take a lot of time. If that is your situation, this redditor made a script to make it easier: https://www.reddit.com/r/Iota/comments/71zzhq/save_your_fingers_a_script_to_autogenerate/

[HomoHenning]

Hi! What do you think about Ethereum Raiden network?? Is it competitor for IOTA?? It will grow faster as the number of users goes higher, used for micro transactions and IoT transactions, as per Raiden devs... Can somebody clear this out??

Lightning and Raiden are only payment channels and can't transfer data as IOTA does. IOTA can transfer value and data freely in the network.

Could this be solved with the implementation of Raidos which is part of the Raiden project? It is currently in its planning phase and described on the raiden network website as followed:
"Raidos (or Raiden 2.0, “dos” is spanish for "two") is a proposed sidechain technology to generalize state channels. While the Raiden Network is limited to ERC20 token transfers, Raidos aims to scale Ethereum’s generalized computation capabilities through a network of satellite chains, which can host any smart contract. This technology is similar and complementary to Ethereum's sharding."

no. also raidos/raiden/eth will has transaction fees. forget about it

[e-coinomist]

If you made a lot of IOTA transactions it might take a lot of time. If that is your situation, this redditor made a script to make it easier: https://www.reddit.com/r/Iota/comments/71zzhq/save_your_fingers_a_script_to_autogenerate/

genNewAddr() should check balance and call stop() once a user defined amount has been reached?
Or perhaps stop if last 3 addresses did not carried anything?
   
According to https://iotasupport.com/how-addresses-are-used-in-IOTA.shtml these things will worsen further by every snapshot. Customer satisfaction seems to be guaranteed.

[HomoHenning]

If you made a lot of IOTA transactions it might take a lot of time. If that is your situation, this redditor made a script to make it easier: https://www.reddit.com/r/Iota/comments/71zzhq/save_your_fingers_a_script_to_autogenerate/

genNewAddr() should check balance and call stop() once a user defined amount has been reached?

good suggestion. they should implement something similar in the next wallet release