IOTA

[Anon136]

I note the release of yet another new wallet - and still no word of any form of help from anyone from the dev team who decided to "appropriate" IOTA in the form of a snapshot.

For all the FanBoi's here who are screaming support of this - wait until your IOTA dissapear in the next snapshot and see how great you feel about IOTA then.

Can you just imagine if you replace IOTA with Bitcoin, or Ethereum and the official story was that the Devs did a snapshot - They have your Bitcoin/Ethereum - and there is seemingly no way of getting them back - despite following what crappy instructions are put out.

New to iota, can you please tell me what you’re talking about?

The iota team changed their hashing algorithm in response to a critical security audit and people who were not closely following the project and didnt transition to the new algorithm got caught with their iota on addresses that were derived using the old algorithm. The dev team has promised to return these IOTA to their owners but have run into various hurdles that have pushed the time table back several times. That's about the long and short of it.

[NattyLiteCoin]

People not following their investment, thus missing publicized swap deadlines and now their coins are gone. Got it.

Anyways, I’m in. IOTA is the picture Andreas painted for me in his talks when I first got into crypto.

[FlipWilson]

Not the Hero member fanboys 🤣

https://medium.com/supercryptocurrency/iota-cryptocurrency-is-a-scam-heres-10-reasons-why-ca111de0f19a

Still a shit token. Run by thieves

[tilperion]

Not the Hero member fanboys 🤣

https://medium.com/supercryptocurrency/iota-cryptocurrency-is-a-scam-heres-10-reasons-why-ca111de0f19a

Still a shit token. Run by thieves

Really informative article. Thanks

[NattyLiteCoin]

Not the Hero member fanboys 🤣

https://medium.com/supercryptocurrency/iota-cryptocurrency-is-a-scam-heres-10-reasons-why-ca111de0f19a

Still a shit token. Run by thieves

Really informative article. Thanks

I bought more.

[inklingzade]

Yeap I bought more IOTA too. I'm waiting for the pump again, I mostly try to trade in between IOTA , ETH and BTC.

[Jacky_Chan]

People not following their investment, thus missing publicized swap deadlines and now their coins are gone. Got it.
Anyways, I’m in. IOTA is the picture Andreas painted for me in his talks when I first got into crypto.

Their coins are not gone and will get returned soon. Check the updates in the #announcement on the Slack.

[Jacky_Chan]

Iota on German News TV - https://mobil.n-tv.de/mediathek/videos/wirtschaft/Das-unterscheidet-Iota-vom-Bitcoin-article20198359.html

[tombo]

The most reputable tech group "MIT media lab" is destroying IOTA tech:

https://www.media.mit.edu/posts/iota-response/

[Jacky_Chan]

The most reputable tech group "MIT media lab" is destroying IOTA tech:

https://www.media.mit.edu/posts/iota-response/

It is kind the opposite. IOTA is destroying the MIT Media Lab - https://medium.com/@comefrombeyond/cfbs-comments-on-https-www-media-mit-edu-posts-iota-response-5834c7f8172d

https://www.technologyreview.com/s/609771/a-cryptocurrency-without-a-blockchain-has-been-built-to-outperform-bitcoin/

[moonriver]

IOTA is meeting a big correction in the past days.
Will it hit ATH again at short time?

[Veresha]

Not the Hero member fanboys 🤣

https://medium.com/supercryptocurrency/iota-cryptocurrency-is-a-scam-heres-10-reasons-why-ca111de0f19a

Still a shit token. Run by thieves

The article was posted just before IOTA went from 1.2 to 5...

[djpitagora]

The most reputable tech group "MIT media lab" is destroying IOTA tech:

https://www.media.mit.edu/posts/iota-response/

It is kind the opposite. IOTA is destroying the MIT Media Lab - https://medium.com/@comefrombeyond/cfbs-comments-on-https-www-media-mit-edu-posts-iota-response-5834c7f8172d

https://www.technologyreview.com/s/609771/a-cryptocurrency-without-a-blockchain-has-been-built-to-outperform-bitcoin/

after rolling their own crypto I think IOTA have destroyed all their credibility in front of the technical people. Their only credibility is in front on noobs and technically illiterate people. No offence

[Taner1]

Ever some coin will replace bitcoin in the first place. Why not IOTA? Especially if it will overcome some of technical difficulties.

Give my account back.

This Russian guy steal my account (password reuse). Don't believe anything he says.

[Come-from-Beyond]

after rolling their own crypto I think IOTA have destroyed all their credibility in front of the technical people. Their only credibility is in front on noobs and technically illiterate people. No offence

No offence, of course, we don't expect non-cryptographers to get why own cryptographic primitive was justified.

[magsrevs]

Hi all,

I have a question regarding the IOTA wallet.
I bought some IOTA in June or July, and transferred from the exchange to a wallet (I can't recall which version, but definitely before 2.4.0, and this was definitely before the snapshot in September). I haven't touched anything since then. What's the best process to transition/update?

1. Do I go through all the steps: download wallet 2.4.0 to transition, then 2.5 to reclaim?

OR

2. Simply download 2.5.6 and use that to transition/claim?

OR

3. Wait a few days/weeks for the team to finish the claim process, and hope they'll have something that will do everything at that point?

Any tips or advice? What are your thoughts CfB?

Thanks!

[tyKiwanuka]

Hi all,

I have a question regarding the IOTA wallet.
I bought some IOTA in June or July, and transferred from the exchange to a wallet (I can't recall which version, but definitely before 2.4.0, and this was definitely before the snapshot in September). I haven't touched anything since then. What's the best process to transition/update?

1. Do I go through all the steps: download wallet 2.4.0 to transition, then 2.5 to reclaim?

OR

2. Simply download 2.5.6 and use that to transition/claim?

OR

3. Wait a few days/weeks for the team to finish the claim process, and hope they'll have something that will do everything at that point?

Any tips or advice? What are your thoughts CfB?

Thanks!

Transition can't be done any more. You have to use the reclaim tool in the wallet to get your IOTA back. See these two articles for instructions:

https://blog.iota.org/gui-v2-5-2-latest-release-with-iota-reclaim-tool-32d364d6241a
https://blog.iota.org/gui-wallet-phase-two-of-the-reclaim-process-f5913109cf46

[Parana]

Still no payment from devs. Iota is a shit token run by thieves.

If IOTA devs are thieves then you shouldn't wait for your tokens. Why would a thief return something?

I could not find where you announced the ICO. Do you have the link?

Thanks

Note: Just like old times.... people are scamming.... I really dont believe anymore on a coin with transaction fees =}

[magsrevs]

Hi all,

I have a question regarding the IOTA wallet.
I bought some IOTA in June or July, and transferred from the exchange to a wallet (I can't recall which version, but definitely before 2.4.0, and this was definitely before the snapshot in September). I haven't touched anything since then. What's the best process to transition/update?

1. Do I go through all the steps: download wallet 2.4.0 to transition, then 2.5 to reclaim?

OR

2. Simply download 2.5.6 and use that to transition/claim?

OR

3. Wait a few days/weeks for the team to finish the claim process, and hope they'll have something that will do everything at that point?

Any tips or advice? What are your thoughts CfB?

Thanks!

Transition can't be done any more. You have to use the reclaim tool in the wallet to get your IOTA back. See these two articles for instructions:

https://blog.iota.org/gui-v2-5-2-latest-release-with-iota-reclaim-tool-32d364d6241a
https://blog.iota.org/gui-wallet-phase-two-of-the-reclaim-process-f5913109cf46

Great, thanks for that, much appreciated. I'll give it a go and will post back here to let everyone know how I get on.

[NattyLiteCoin]

The most reputable tech group "MIT media lab" is destroying IOTA tech:

https://www.media.mit.edu/posts/iota-response/

It is kind the opposite. IOTA is destroying the MIT Media Lab - https://medium.com/@comefrombeyond/cfbs-comments-on-https-www-media-mit-edu-posts-iota-response-5834c7f8172d

https://www.technologyreview.com/s/609771/a-cryptocurrency-without-a-blockchain-has-been-built-to-outperform-bitcoin/

I read that medium response. My only comment was C f B stated, and I’m paraphrasing, that the anonomalous observations only manifested in improbable circumstances. One of those circumstances was negligent physical security which I understand, but the other one I did not. Something to the effect that some collisions were intended by design but a preponderance of collisions can be seen in improbable circumstances.

Can some one Eli5?