IOTA

[Sephir8th]

Experimenting with IOTA. A couple things I noticed that are weird:

1) You have to create your own seed manually, no tool include. Why?

2) The attach to tangle to create a receive address has been spinning for 1hr. It still hasn't completed. Is the network completely broken?

3) The developers have been working on this for a year but the network can't scale to take on a few couple 1k users??

In short - I really question if this technology actually works. If someone can prove me wrong I'm all ears.

Please also note if you use the same address twice to received funds, hackers can exploit the tangle and redirect your money into their wallet of choice.  Also, yes the wallet allows you to use the same address as many times as you like, to make it more fun, now and then they do this thing called a snapshot, which resets your addresses back to No.1 so users not in the "know" are at extreme risk of losing their funds.  

Please always read their instructions and keep in the loop of updates with this initiative.  

I love the concept of iota, however until these issues are resolved I feel your money and investment is at high risk either from hackers or the sudden sell off once investors realise the tangle may never work.  Although I hope it will succeed.

Oh wow... this is crazy.  So I have no funds yet but was thinking to use a mining faucet to play with it. Are you saying if the faucet sends funds to me more than once then hackers can redirect money from my wallet? is this the full wallet or just the transactions after the first one?

You've misunderstood read here:

https://www.reddit.com/r/Iota/comments/7h90h1/how_to_create_permanent_receive_address/

I'll heighlight a good response:

[–]SleepingFox88redditor for < 1 month 8 points 8 hours ago
An address can receive IOTA forever, however when you send IOTA from an address, you give out part of that addresses private key, making it cryptographically insecure. Hackers already run programs, scanning the tangle for compromised addresses that still have value in them. If they find one it doesn't take long to figure out what the private key (only used for that address, not your seed.) Is and they may steal your money stored in that address.

Because of this it is simply best practice to generate a new address every time you want to receive funds, so as to leave out the worry that you ever sent money from that address before.

Also the problem with this is if you just posted a donation address everywhere, as soon as you decided to send those funds anywhere, the donation address would be compromised, and people donating to you wouldn't have a way to know if the address they were donating to was conpromised or not. Thus my reccomendation is to use the method I stated above.

Also with UCL wallet around the corner, the above mentioned will be automated in the background.
https://medium.com/iota-ucl/iota-wallet-refresh-onboarding-2f5ccd5e467a

btw iota has a stack exchange which is now in beta, have a look here you'll get a lot of your answers:

Iota.stackexchange.com

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[achillez]

Experimenting with IOTA. A couple things I noticed that are weird:

1) You have to create your own seed manually, no tool include. Why?

2) The attach to tangle to create a receive address has been spinning for 1hr. It still hasn't completed. Is the network completely broken?

3) The developers have been working on this for a year but the network can't scale to take on a few couple 1k users??

In short - I really question if this technology actually works. If someone can prove me wrong I'm all ears.

Please also note if you use the same address twice to received funds, hackers can exploit the tangle and redirect your money into their wallet of choice.  Also, yes the wallet allows you to use the same address as many times as you like, to make it more fun, now and then they do this thing called a snapshot, which resets your addresses back to No.1 so users not in the "know" are at extreme risk of losing their funds.  

Please always read their instructions and keep in the loop of updates with this initiative.  

I love the concept of iota, however until these issues are resolved I feel your money and investment is at high risk either from hackers or the sudden sell off once investors realise the tangle may never work.  Although I hope it will succeed.

Oh wow... this is crazy.  So I have no funds yet but was thinking to use a mining faucet to play with it. Are you saying if the faucet sends funds to me more than once then hackers can redirect money from my wallet? is this the full wallet or just the transactions after the first one?

You've misunderstood read here:

https://www.reddit.com/r/Iota/comments/7h90h1/how_to_create_permanent_receive_address/

I'll heighlight a good response:

[–]SleepingFox88redditor for < 1 month 8 points 8 hours ago
An address can receive IOTA forever, however when you send IOTA from an address, you give out part of that addresses private key, making it cryptographically insecure. Hackers already run programs, scanning the tangle for compromised addresses that still have value in them. If they find one it doesn't take long to figure out what the private key (only used for that address, not your seed.) Is and they may steal your money stored in that address.

Because of this it is simply best practice to generate a new address every time you want to receive funds, so as to leave out the worry that you ever sent money from that address before.

Also the problem with this is if you just posted a donation address everywhere, as soon as you decided to send those funds anywhere, the donation address would be compromised, and people donating to you wouldn't have a way to know if the address they were donating to was conpromised or not. Thus my reccomendation is to use the method I stated above.

Also with UCL wallet around the corner, the above mentioned will be automated in the background.
https://medium.com/iota-ucl/iota-wallet-refresh-onboarding-2f5ccd5e467a

btw iota has a stack exchange which is now in beta, have a look here you'll get a lot of your answers:

Iota.stackexchange.com

Thanks that helps alot. I successfully generated a receive address now and I'm trying to see if the faucet will accept it. The faucet keeps saying that the address is not attached and confirmed by tangle. Guess it takes a while to get confirmed

[Sephir8th]

Experimenting with IOTA. A couple things I noticed that are weird:

1) You have to create your own seed manually, no tool include. Why?

2) The attach to tangle to create a receive address has been spinning for 1hr. It still hasn't completed. Is the network completely broken?

3) The developers have been working on this for a year but the network can't scale to take on a few couple 1k users??

In short - I really question if this technology actually works. If someone can prove me wrong I'm all ears.

Please also note if you use the same address twice to received funds, hackers can exploit the tangle and redirect your money into their wallet of choice.  Also, yes the wallet allows you to use the same address as many times as you like, to make it more fun, now and then they do this thing called a snapshot, which resets your addresses back to No.1 so users not in the "know" are at extreme risk of losing their funds.  

Please always read their instructions and keep in the loop of updates with this initiative.  

You can also try the tx confirmation time yourself: Install the mobile wallet on your phone, and install the desktop wallet on your PC. make yourself a few seeds and send between your phone and PC see how it goes...I've generally never had issues and got my iota confirmed within a few min (usually 2 - 3min)

Hope that helps

I love the concept of iota, however until these issues are resolved I feel your money and investment is at high risk either from hackers or the sudden sell off once investors realise the tangle may never work.  Although I hope it will succeed.

Oh wow... this is crazy.  So I have no funds yet but was thinking to use a mining faucet to play with it. Are you saying if the faucet sends funds to me more than once then hackers can redirect money from my wallet? is this the full wallet or just the transactions after the first one?

You've misunderstood read here:

https://www.reddit.com/r/Iota/comments/7h90h1/how_to_create_permanent_receive_address/

I'll heighlight a good response:

[–]SleepingFox88redditor for < 1 month 8 points 8 hours ago
An address can receive IOTA forever, however when you send IOTA from an address, you give out part of that addresses private key, making it cryptographically insecure. Hackers already run programs, scanning the tangle for compromised addresses that still have value in them. If they find one it doesn't take long to figure out what the private key (only used for that address, not your seed.) Is and they may steal your money stored in that address.

Because of this it is simply best practice to generate a new address every time you want to receive funds, so as to leave out the worry that you ever sent money from that address before.

Also the problem with this is if you just posted a donation address everywhere, as soon as you decided to send those funds anywhere, the donation address would be compromised, and people donating to you wouldn't have a way to know if the address they were donating to was conpromised or not. Thus my reccomendation is to use the method I stated above.

Also with UCL wallet around the corner, the above mentioned will be automated in the background.
https://medium.com/iota-ucl/iota-wallet-refresh-onboarding-2f5ccd5e467a

btw iota has a stack exchange which is now in beta, have a look here you'll get a lot of your answers:

Iota.stackexchange.com

Thanks that helps alot. I successfully generated a receive address now and I'm trying to see if the faucet will accept it. The faucet keeps saying that the address is not attached and confirmed by tangle. Guess it takes a while to get confirmed

np, you can also get yourself the mobile wallet and the desktop, create a few seeds and send to eachother to see the tx times. I've usually gotten the iota to confirm within 2 - 3 min. I did notice my phone takes a bit longer to do the Pow.. vs my laptop

[Dexterqo]

Hi Guys,

My IOTA walled is hacked and my balance is gone.
Unfurtonately I used online seed generator... My biggest mistake in cryptocurrency...
Do you please have any idea how I can get back my IOTA?

Many thanks for all help.

[squidlings]

Experimenting with IOTA. A couple things I noticed that are weird:

1) You have to create your own seed manually, no tool include. Why?

2) The attach to tangle to create a receive address has been spinning for 1hr. It still hasn't completed. Is the network completely broken?

3) The developers have been working on this for a year but the network can't scale to take on a few couple 1k users??

In short - I really question if this technology actually works. If someone can prove me wrong I'm all ears.

Please also note if you use the same address twice to received funds, hackers can exploit the tangle and redirect your money into their wallet of choice.  Also, yes the wallet allows you to use the same address as many times as you like, to make it more fun, now and then they do this thing called a snapshot, which resets your addresses back to No.1 so users not in the "know" are at extreme risk of losing their funds.  

Please always read their instructions and keep in the loop of updates with this initiative.  

I love the concept of iota, however until these issues are resolved I feel your money and investment is at high risk either from hackers or the sudden sell off once investors realise the tangle may never work.  Although I hope it will succeed.

Oh wow... this is crazy.  So I have no funds yet but was thinking to use a mining faucet to play with it. Are you saying if the faucet sends funds to me more than once then hackers can redirect money from my wallet? is this the full wallet or just the transactions after the first one?

You've misunderstood read here:

https://www.reddit.com/r/Iota/comments/7h90h1/how_to_create_permanent_receive_address/

I'll heighlight a good response:

[–]SleepingFox88redditor for < 1 month 8 points 8 hours ago
An address can receive IOTA forever, however when you send IOTA from an address, you give out part of that addresses private key, making it cryptographically insecure. Hackers already run programs, scanning the tangle for compromised addresses that still have value in them. If they find one it doesn't take long to figure out what the private key (only used for that address, not your seed.) Is and they may steal your money stored in that address.

Because of this it is simply best practice to generate a new address every time you want to receive funds, so as to leave out the worry that you ever sent money from that address before.

Also the problem with this is if you just posted a donation address everywhere, as soon as you decided to send those funds anywhere, the donation address would be compromised, and people donating to you wouldn't have a way to know if the address they were donating to was conpromised or not. Thus my reccomendation is to use the method I stated above.

Also with UCL wallet around the corner, the above mentioned will be automated in the background.
https://medium.com/iota-ucl/iota-wallet-refresh-onboarding-2f5ccd5e467a

btw iota has a stack exchange which is now in beta, have a look here you'll get a lot of your answers:

Iota.stackexchange.com

Thanks that helps alot. I successfully generated a receive address now and I'm trying to see if the faucet will accept it. The faucet keeps saying that the address is not attached and confirmed by tangle. Guess it takes a while to get confirmed

Correct, you can receive safely several time, providing you haven't sent from the address.  Clearly an unforeseen flaw which I hope can be rectified asap.  

[Sephir8th]

@squidlings - Can you please stop calling it a "unforseen flaw" ? It's like that by design - The one time sig is based on winternitz signatures -

https://www.reddit.com/r/Iota/comments/6vj0fh/iota_wallet_sending/

https://en.wikipedia.org/wiki/Lamport_signature

Reason being it makes it Quantum Computing resistance, I'm guessing you haven't done much research on iota..

[jubalix]

IOTA TIED UP UPDATE HERE

I tried the slack

unfortunately all the info there was

https://forum.helloiota.com/1242/Reclaim-Status

"Status: The IOTA Foundation has not started processing reclaims yet"


and a tail curl hash problem.


[1] the foundation must have enough IOTA to just send out the amounts owed, and then they can keep the amounts on the safe address end of problem.

[2] as it is with supply tied up they are causing a benefit to all other iota holders at the expense of those who iota it frozen

[3] can we at least have a timeline. This is not good for the iota product of they users.

[jubalix]

So

I still cant get my iota back

used to be able to log in and see it there....and its gone......since transition.

I can see it on the explorer but the transition tool never seems to attach except once maybe.....0 balance.....

tried to run a full node but the screen just disappears after I add nodes.

Cant join slack channel because it does not exist anymore apparently.

so how do I get my xGi back?

Sounds like the start of another... hacked story.  Check your hash, if you've used the same address twice, it's likely your coins have been redirected into somebody elses wallet.

nope I have not been hacked.

I could see the Giota on my computerwallet, then after the snapshot I could not.

It appears the foundation moved the iota to a  "safe" address and still have not put them back

also I have not used the same address twice.

[Wekkel]

It must be a busy day for the IOTA network. 2 transfers of me are 'pending' for hours already. And the Bitfinex node cannot be accessed anymore (=full).

[denysrodman]

IOTA passes BTC, ETH, BCH in volume on Binance! That means more it will grow even further.

[squidlings]

So

I still cant get my iota back

used to be able to log in and see it there....and its gone......since transition.

I can see it on the explorer but the transition tool never seems to attach except once maybe.....0 balance.....

tried to run a full node but the screen just disappears after I add nodes.

Cant join slack channel because it does not exist anymore apparently.

so how do I get my xGi back?

Sounds like the start of another... hacked story.  Check your hash, if you've used the same address twice, it's likely your coins have been redirected into somebody elses wallet.

nope I have not been hacked.

I could see the Giota on my computerwallet, then after the snapshot I could not.

It appears the foundation moved the iota to a  "safe" address and still have not put them back

also I have not used the same address twice.

This sounds interesting that the foundation is able to Move IOTA from address to address?  Do you have any links available regarding this?

Surely if this was the case, they'd be an address trail in your history?

[Jacky_Chan]

If your balance in your account is incorrect or zero you should read this post to get your balance back - https://forum.helloiota.com/588/Help-My-IOTA-balance-is-zero-steps-to-help-you-find-your-balance-v253

[jubalix]

So

I still cant get my iota back

used to be able to log in and see it there....and its gone......since transition.

I can see it on the explorer but the transition tool never seems to attach except once maybe.....0 balance.....

tried to run a full node but the screen just disappears after I add nodes.

Cant join slack channel because it does not exist anymore apparently.

so how do I get my xGi back?

Sounds like the start of another... hacked story.  Check your hash, if you've used the same address twice, it's likely your coins have been redirected into somebody elses wallet.

nope I have not been hacked.

I could see the Giota on my computerwallet, then after the snapshot I could not.

It appears the foundation moved the iota to a  "safe" address and still have not put them back

also I have not used the same address twice.

This sounds interesting that the foundation is able to Move IOTA from address to address?  Do you have any links available regarding this?

Surely if this was the case, they'd be an address trail in your history?

well, they at least can lock up your funds, by upgrading software, and it is up to them to redistribute those funds they have locked up for security reasons.

They had some sort of hackable issue, and so locked up funds, fair enough.

From my end, I had 5.05GI in my account, logged on one day and it was gone, due to the upgrade.

I can see my funds on the chain explorer, but they are not coming back into the latest wallet 2.5.4 with the recovery tool.

Whatever the foundation did, they have locked up funds, and not returned them in a reasonable time, nor has their been clear support or timelines for solutions.

[jubalix]

If your balance in your account is incorrect or zero you should read this post to get your balance back - https://forum.helloiota.com/588/Help-My-IOTA-balance-is-zero-steps-to-help-you-find-your-balance-v253

I have done all of this and still zero!

[windave]

why is IOTA surging?

[Virtuoso]

IOTA is very a great project and with a brilliant dev team behind this coin. The future will be very bright and 2018 will bring a lot of stuff to us. This is only the beginning of history.

[STT]

why is IOTA surging?

IOTA is rising from wider interest, sometimes selling a story and concept that people understand is all it takes to gain and once a price starts to rise others add some to be part of the trend and so the market cap snowballs some.
   This is all quite ironic when IOTA seems to be in beta still with issues to sort through for full user friendly use.  It seems best to be cautious, I guess people are relatively safe if they stick with exchange based addresses and trading for the moment; activity which is true of alot of market participants in my experience.  

[The Golden Ratio]

IOTA is very a great project and with a brilliant dev team behind this coin. The future will be very bright and 2018 will bring a lot of stuff to us. This is only the beginning of history.

Any suggestions as to why there has been such a leap today - is there a pending announcement - if so does anyone know when this is scheduled?

[burky156]

On November 1st the IOTA price was $0.36 and today $2.23.. In 34 days the price went mad! The price is still rising and i would like to buy some now. I try to buy IOTA in Bittrex but there is no transaction. Where can buy IOTA? Is anyone knows safe site to use?

[Sephir8th]

IOTA is very a great project and with a brilliant dev team behind this coin. The future will be very bright and 2018 will bring a lot of stuff to us. This is only the beginning of history.

Any suggestions as to why there has been such a leap today - is there a pending announcement - if so does anyone know when this is scheduled?

No specific news today..just people starting to see IOTA and it's potential. I bet it'll make a ton of headlines tomorrow as it climbed over 3 coins and sitting @ #5 on CMC