IOTA

[Gyrsur]

LOL IOTA doesn't even work with a centralized coordinator and you are talking about removing it!! Thats classic denial... OMG. Keep it! Stay strong now!  

Satoshi didn't go with Tangle because obviously its a dead end.

Compared to btc, IOTA is undervalued.
A word to all my maximalist friends, diversify now.

IOTA will ever be cheap because it was not intended as a store of value or for speculation. intended for M2M communication but not sure about if IOTA is necessary in favor of. Lightning has the same functionality and can be used for M2M communication.

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[Come-from-Beyond]

WilderX, I have to ban you from this thread for the post which will be deleted in few minutes. And better move to another forum with racist posts.

[zenfo]

The Internet of things will be a trillion dollar industry, and perhaps the future will be bigger. I think iota can grow much more but they need to make it completely decentralized.

[Xantrax]

Is there a good (reliable) wallet which i can download and use? My IOTA is currently on Bitfinex and i'm unsure whether this is a good idea.

[Scooby903]

Posting a tar and a using certs to verify the owner of a file is easy and practically archaic. VW has been thinking of the over the air updates using IOTA; what are the benefits of this over just downloading from a site?

[Alohaboy?!]

LOL IOTA doesn't even work with a centralized coordinator and you are talking about removing it!! Thats classic denial... OMG. Keep it! Stay strong now!  

Satoshi didn't go with Tangle because obviously its a dead end.

Compared to btc, IOTA is undervalued.
A word to all my maximalist friends, diversify now.

IOTA will ever be cheap because it was not intended as a store of value or for speculation. intended for M2M communication but not sure about if IOTA is necessary in favor of. Lightning has the same functionality and can be used for M2M communication.

That is one of the funny things related to the project. It is not meant to be a store of value or even P2P payment. That's why the price is actually symbolic and it could be one of the projects with a broad usage even without increasing multiple times in value. The price peaks are purely speculative right now since most of the people don't even use any crypto project in any different way than to increase their wealth.

[kronos123]

I read a bit of backlog and it seems to me that it has not been mentioned:

https://winiota.com/
THE FIRST DECENTRALIZED ON-TANGLE PROVABLY FAIR CASINO & AI ENHANCED SPORTSBETTING PLATFORM

from July 1st to July 14th Pre-Ico, and then from August 1st to September 1st Ico
the first Ico on Tangle Iota; initially the known Erc-20 will be released while in phase 2, Q3 2018, they will be converted 1: 1 in Tangle Iota, the first of its kind.

This is amazing news for Iota as well as its ongoing partnerships!

[StarkTony]

I'm currently comparing other IoT projects to IOTA, and it seems to me that IOTA really lacks critical features.

One of these is privacy: I mean, how can IOTA ever become the infrastructure of IoT if it can't guarantee privacy? Connecting IoT devices to a global network means sharing very personal informations, possibly more than what we share now on socials by means of our smartphones. What about our home devices? And health data?

Also I've been left to the status of IOTA in October 2017: at that time the wallet was having huge problems connecting and transactions didn't go through. How is the transaction time at the moment? Is it like 2 minutes as someone wrote above? If so, how do you expect IOTA to support IoT transactions? In IoT scenarios, embedded devices are expected to react relatively quickly to changes in the environment (think of house doors closing when I leave my apartment... 2 minutes looks like enough time for a thief to make it into my house).

There are excellent blockchain solutions popping up out there, look at IoTex: is IOTA going to be up to it? Honestly, I don't think so.

[BitcoinArsenal]

I'm currently comparing other IoT projects to IOTA, and it seems to me that IOTA really lacks critical features.

One of these is privacy: I mean, how can IOTA ever become the infrastructure of IoT if it can't guarantee privacy? Connecting IoT devices to a global network means sharing very personal informations, possibly more than what we share now on socials by means of our smartphones. What about our home devices? And health data?
...

I doubt you really did a proper comparison or your research was sloppy.

Anyone interested in privacy and anonymity is recommended to read it.

https://blog.iota.org/research-on-private-transactions-in-iota-cd546751e2c4

[Artemsv]

MIOTA under maintenance
COBINHOOD exchange is currently implementing system maintenance for MIOTA as a fullnode issue was detected, the team is checking the issue with IOTA Foundation. Deposit and withdrawal functions of MIOTA will be temporarily suspended on the exchange, while trading is accessible as per normal during this period of time. We expect to resume MIOTA deposit/ withdrawal as soon as we can once we confirmed the issue with IOTA Foundation.
https://cobinhood.com/announcements/be54e9de-088b-48a4-bbfb-83e89a00f462

[StarkTony]

I'm currently comparing other IoT projects to IOTA, and it seems to me that IOTA really lacks critical features.

One of these is privacy: I mean, how can IOTA ever become the infrastructure of IoT if it can't guarantee privacy? Connecting IoT devices to a global network means sharing very personal informations, possibly more than what we share now on socials by means of our smartphones. What about our home devices? And health data?

Also I've been left to the status of IOTA in October 2017: at that time the wallet was having huge problems connecting and transactions didn't go through. How is the transaction time at the moment? Is it like 2 minutes as someone wrote above? If so, how do you expect IOTA to support IoT transactions? In IoT scenarios, embedded devices are expected to react relatively quickly to changes in the environment (think of house doors closing when I leave my apartment... 2 minutes looks like enough time for a thief to make it into my house).

There are excellent blockchain solutions popping up out there, look at IoTex: is IOTA going to be up to it? Honestly, I don't think so.

I doubt you really did a proper comparison or your research was sloppy.

Well, I didn't say I did a comparison, I said that I'm currently doing it, and that's the reason why I'm asking these questions.

Anyone interested in privacy and anonymity is recommended to read it.

https://blog.iota.org/research-on-private-transactions-in-iota-cd546751e2c4

I checked out your link, so based on what I can read there IOTA was not designed with privacy in mind, and research is ongoing to find a solution to implement some level of privacy, at leat transactions mixing, but that's made difficult basically because the missing "consensus/mining" concept of IOTA does not allow such feature development.

So I think we can safely say IOTA is missing a privacy feature at the moment and adding it, even a partial privacy implementation, is made complicated by the initial IOTA design.

What about transactions speed? Can anyone provide numbers on how fast transactions are getting confirmed on average, and how the confirmation speed is expected to change in a real IoT scenario where billions of devices are connected and transacting?

[yurimir]

Really good article 

Fascinating article: "IOTA: A DISTRIBUTED FRAMEWORK FOR DATA-DRIVEN MACHINE INTELLIGENCE" by Martin Banov, published by Coin Pupil

https://coinpupil.com/altcoins/iota-distributed-framework-data-driven-machine-intelligence/

Please give this article a good read. Author makes several analogies between artificial neural networks/machine learning and the tangle. Does an exceptional job at explaining the tangle in high level terms, with great detail in such a short article.

https://www.reddit.com/r/Iota/comments/8yzhj6/fascinating_article_iota_a_distributed_framework/

[coloredcoin]

I'm currently comparing other IoT projects to IOTA, and it seems to me that IOTA really lacks critical features.

One of these is privacy: I mean, how can IOTA ever become the infrastructure of IoT if it can't guarantee privacy? Connecting IoT devices to a global network means sharing very personal informations, possibly more than what we share now on socials by means of our smartphones. What about our home devices? And health data?

Also I've been left to the status of IOTA in October 2017: at that time the wallet was having huge problems connecting and transactions didn't go through. How is the transaction time at the moment? Is it like 2 minutes as someone wrote above? If so, how do you expect IOTA to support IoT transactions? In IoT scenarios, embedded devices are expected to react relatively quickly to changes in the environment (think of house doors closing when I leave my apartment... 2 minutes looks like enough time for a thief to make it into my house).

There are excellent blockchain solutions popping up out there, look at IoTex: is IOTA going to be up to it? Honestly, I don't think so.

Please list the mainnet active IOT projects first.

[wenwen]

Good afternoon. A trillion dollars will be but after 5 years, I think. The coin is interesting with a great future. I wish everyone good luck.

The Internet of things will be a trillion dollar industry, and perhaps the future will be bigger. I think iota can grow much more but they need to make it completely decentralized.

[yurimir]

IOTA Summer Summit 2018 - Full report, many photos  

In the serene surroundings of Norway’s Oslofjord the IOTA Foundation had its first official summit.



https://blog.iota.org/iota-summer-summit-2018-9f9ced6ec1fe

[romeox6x]

So, what about sending tons of money per transaction ?1% of fees, like in other crypto, is a lot of money if you send thousands every days). To me, the fee-less system looks very interesting for sending large amount of money (just 0.Why Iota always say their system is good for "micro-payement", and not just " any payment

[Duderino123]

Does anyone know why IOTA losing value although Btc is rising? All my other altcoins follow the trend🤔

[50cent_rapper]

Does anyone know why IOTA losing value although Btc is rising? All my other altcoins follow the trend🤔

It's easy - price felled cause some sold.

[hzjixiang]

I personally believe that ways to remove bad stars from the assembly will be a good addition over time. If the Qubic inventor can determine what assembly to utilize he'd probably go for the main one with constant consensus. The "value" of the assembly will therefore be higher.

[StarkTony]

I'm currently comparing other IoT projects to IOTA, and it seems to me that IOTA really lacks critical features.

One of these is privacy: I mean, how can IOTA ever become the infrastructure of IoT if it can't guarantee privacy? Connecting IoT devices to a global network means sharing very personal informations, possibly more than what we share now on socials by means of our smartphones. What about our home devices? And health data?

Also I've been left to the status of IOTA in October 2017: at that time the wallet was having huge problems connecting and transactions didn't go through. How is the transaction time at the moment? Is it like 2 minutes as someone wrote above? If so, how do you expect IOTA to support IoT transactions? In IoT scenarios, embedded devices are expected to react relatively quickly to changes in the environment (think of house doors closing when I leave my apartment... 2 minutes looks like enough time for a thief to make it into my house).

There are excellent blockchain solutions popping up out there, look at IoTex: is IOTA going to be up to it? Honestly, I don't think so.

Please list the mainnet active IOT projects first.

Well, my favourite one is IoTeX (www.iotex.io | www.t.me/iotexgroup): the team is too good to be true, and after only three months from token issuance the mainnet preview is expected for October 31st.

I agree that there are no active IoT mainnets except IOTA, and that makes things even more interesting: even IOTA, after one (or two I'm not sure) years of development still could not overcome many limitation due to the Tangle design (like an "innovation in blockchain innovation") which could take still years before it finds it's role into the distributed networks space.

If IoTeX will deliver, I think very soon we will have the first IoT blockchain actually working: they provide:
- unlimited tps,
- massive scalability,
- instant tx confirmation,
- full privacy,
- subchains to compartimentize different devices classes/manufacturers/applications,
- lightweight cryptography to run privacy even on embedded devices...
- smart contracts

all of this is in testnet already, to be delivered in mainnet-preview by October 31, developed by a team of PhDs, expert engineers coming from Facebook, Google, Uber, and Bosh, and many other top level members.

Honestly, I see that like the IoT leaders with a ready working blockchain very soon.