IOTA

[NotHatinJustTrollin]

IOTA Newsletter #30 - A new dawn, IOTA Oracles, Digital Assets, Project Alvarium with Dell and Intel and more

IOTA - A new dawn



The launch of the first IOTA mainnet in June 2016 was the start of our journey to revolutionize Blockchain. Being a pioneer in a nascent, fast-paced industry means that you get some things right, while others have to be discarded. "Fail fast, fail early and fail often" they say. We did, and we have learned from our failures, and have become a stronger, more mature organization and ecosystem as a result. The "new dawn" of IOTA starts here.

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Introducing IOTA Oracles



Oracles are an exciting frontier in the world of distributed ledger technology. They are designed to securely bridge between the digital and the physical world in a decentralized, permissionless way. As IOTA expands, it’s important that the proper tooling is available to support organizations and engineers looking to bring the machine economy to life.

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Together IOTA and Dell Technologies Demonstrate Project Alvarium



IOTA Foundation and Dell Technologies introduce a world-first demonstration that measures the trustworthiness of data.

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Recent news



We released a new version of our Pollen testnet: v0.4.0.

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We’re pleased to share the latest news from the IOTA Research department.

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Published by the IOTA Dev team every month, this update will provide you with news and updates about our key projects!

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In case you missed it…



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[atlas21]

Everyone owning iotas should consider possibility of transfering them to an exchange.

wow, come-from-beyond, back in the thread after two years?
welcome, or is your account hacked?

[Termie]

watch out, CfB is no more #hereforthetech
rather bc of his personal vendetta against Sønstebø and to wring the maximum cash out of Iota for himself.
his former 'crypto-genius'-reputation is pretty rekt meanwhile, he should better rename to 'Crawl-from-Below' or so.
last but not least, also consider the warning field on the top of this thread.

[lemonandfriesonetwo]

BEWARE THIS IS A SCAM

[l8orre]

watch out, CfB is no more #hereforthetech
rather bc of his personal vendetta against Sønstebø and to wring the maximum cash out of Iota for himself.
his former 'crypto-genius'-reputation is pretty rekt meanwhile, he should better rename to 'Crawl-from-Below' or so.
last but not least, also consider the warning field on the top of this thread.

rather pathetic of him to seek to destroy his own creation just for the sake of petty revenge, only because things did not exactly go his way:

IOTA is a gargantuan success and can become almost everything that was initally projected (and maybe even more), only his one pet project with the trits and the ternary processor did not get the priority he wanted, and so he wants to smash it all up so that noone else can have his toy either...

[rudni]

The Chrysalis Attack-a-thon
https://blog.iota.org/the-chrysalis-attack-a-thon/

[rudni]

watch out, CfB is no more #hereforthetech
rather bc of his personal vendetta against Sønstebø and to wring the maximum cash out of Iota for himself.
his former 'crypto-genius'-reputation is pretty rekt meanwhile, he should better rename to 'Crawl-from-Below' or so.
last but not least, also consider the warning field on the top of this thread.

rather pathetic of him to seek to destroy his own creation just for the sake of petty revenge, only because things did not exactly go his way:

IOTA is a gargantuan success and can become almost everything that was initally projected (and maybe even more), only his one pet project with the trits and the ternary processor did not get the priority he wanted, and so he wants to smash it all up so that noone else can have his toy either...

The way you describe the situation sounds like he is just a little childish, but actually cfb suffers from severe narcissistic personality disorder that does not allow him to deal with events the way we do. Anyway, the foundation is no longer using his code and has matured a lot since he left. So there is no reason to pay attention to him anymore.

[rudni]

IOTA in talks with US partners, including government on vaccination passport
https://www.crypto-news-flash.com/iota-in-talks-with-us-partners-including-government-on-vaccination-passport/

[FractalUniverse]

please
comeon

There were like 3 hundred partnerships posts throughout this thread. maybe thousand. All scam and fake. 

Dont try to put lipstick on already dead pig. It won't fly anymore.

[Basti773]

please
comeon

There were like 3 hundred partnerships posts throughout this thread. maybe thousand. All scam and fake. 

Dont try to put lipstick on already dead pig. It won't fly anymore.

Please check the price in a few weeks and wonder how high the dead pig can fly 

[FractalUniverse]

ok maybe it will be flown on some scam pump, thats likely. but it won't rise because of its quality 

[rudni]

IOTA still wants to build a better blockchain, and get it right this time

https://www.zdnet.com/article/iota-still-wants-to-build-a-better-blockchain-and-get-it-right-this-time/

[monkeyshaman]

Hey CFB, care to explain why you said users should move iota onto the exchanges? 

[rudni]

Wrapped IOTA is now available on the Binance Smart Chain (BSC).
https://www.crypto-news-flash.com/wrapped-iota-is-now-available-on-bsc-as-community-member-announces-pancakeswap-like-dex/

[OnurGalatasaray]

Merhaba!
IOTA has been moving very fast recently and every time we can see progress! It will be exciting times when IOTA will get more attention and show potential of work built. It's right time to attract new customers.

[Iota-Disciple]

https://jamie-hicks.medium.com/iota-the-elephant-in-the-room-ae6566f394d2

The story of IOTA is fraught with both drama and exceptionality. IOTA dared to envision the true potential of Distributed Ledger Technology and pursue the vision through all adversity.
Even after a 95% market cap decrease and the removal of two founders from the board of directors, IOTA is stronger than ever.
In fact, many in the community believe it would be make for a great movie one day.

[Iota-Disciple]

ok maybe it will be flown on some scam pump, thats likely. but it won't rise because of its quality 

Can you please discuss where you see the bad quality? In the past IOTA did many wrong decisions.
But at the end of this Month, the IOTA Network will be stronger than ever before. IOTA has earned a second look

[ifinta]

Just to remember to this post. Check my signature...

I see a similarity between Tangle and the human race (or mostly animal or living species): every child has a father and a mother. In the Tangle every transaction checks two earlier transaction. Or?



I think, later we need Darwin really to analyze the Tangle - how was "new species" born.
"new species" = many many new economical communities, they don't wish to mix with others, because i.e. they has already conflict of interest with other economies on the Tangle......
Are you wish a such economical environment later for our human race?

[Iota-Disciple]

Just to remember to this post. Check my signature...

I see a similarity between Tangle and the human race (or mostly animal or living species): every child has a father and a mother. In the Tangle every transaction checks two earlier transaction. Or?

https://i.imgur.com/em13wp6.png

I think, later we need Darwin really to analyze the Tangle - how was "new species" born.
"new species" = many many new economical communities, they don't wish to mix with others, because i.e. they has already conflict of interest with other economies on the Tangle......
Are you wish a such economical environment later for our human race?

https://upload.wikimedia.org/wikipedia/commons/8/8f/Edward_Hitchcock_Paleontological_Chart.jpg

Do you really compare Darwin with the a DAG. Sounds like a little bit awkward.
In the current IOTA implementation, nodes only trust (value) transactions referenced and approved by milestones issued by the coordinator.
Similar to Bitcoin, where checkpoints were used until 16.06.2014, the use of this centralized "finality device" is currently still necessary to ensure the security of the network, which is in its infancy.
Maybe you should aware of the fact, that until end this year the concept "In the Tangle every transaction checks two earlier transaction" will be gone. So, no more Darwin...
At this Point, consensus, will be defined by, (FPC) "Fast Probalistic Consensus".

What is FPC?

In fancy terms, the FPC is a leaderless probabilistic binary consensus protocol of low communicative complexity that is robust in a Byzantine infrastructure.
Let us see what all these terms really mean, and first introduce a lighter version of FPC that is easy to implement and contains most of the important features.
We assume that there are n nodes indexed 1,2,..., n in the network . Each node i has an opinion or state. We denote s_i (t) for the opinion of node i at time t. Opinions take value in {0,1} ; for this reason we speak of a binary consensus.

The basic idea is majority voting. In each round, each node queries k random nodes and sets its opinion to the majority of the queried nodes. It's that simple! However, this simple majority voting proves vulnerable to faulty nodes and malicious attackers. It needs an additional ingredient, in fact an additional randomness, to make it robust.

More precisely, at each step, each node selects k random nodes C_i , queries their opinions, and computes the median opinion:

[ifinta]

Just to remember to this post. Check my signature...

I see a similarity between Tangle and the human race (or mostly animal or living species): every child has a father and a mother. In the Tangle every transaction checks two earlier transaction. Or?



I think, later we need Darwin really to analyze the Tangle - how was "new species" born.
"new species" = many many new economical communities, they don't wish to mix with others, because i.e. they has already conflict of interest with other economies on the Tangle......
Are you wish a such economical environment later for our human race?

Do you really compare Darwin with the a DAG. Sounds like a little bit awkward.
In the current IOTA implementation, nodes only trust (value) transactions referenced and approved by milestones issued by the coordinator.
Similar to Bitcoin, where checkpoints were used until 16.06.2014, the use of this centralized "finality device" is currently still necessary to ensure the security of the network, which is in its infancy.
Maybe you should aware of the fact, that until end this year the concept "In the Tangle every transaction checks two earlier transaction" will be gone. So, no more Darwin...
At this Point, consensus, will be defined by, (FPC) "Fast Probalistic Consensus".

What is FPC?

In fancy terms, the FPC is a leaderless probabilistic binary consensus protocol of low communicative complexity that is robust in a Byzantine infrastructure.
Let us see what all these terms really mean, and first introduce a lighter version of FPC that is easy to implement and contains most of the important features.
We assume that there are n nodes indexed 1,2,..., n in the network . Each node i has an opinion or state. We denote s_i (t) for the opinion of node i at time t. Opinions take value in {0,1} ; for this reason we speak of a binary consensus.

The basic idea is majority voting. In each round, each node queries k random nodes and sets its opinion to the majority of the queried nodes. It's that simple! However, this simple majority voting proves vulnerable to faulty nodes and malicious attackers. It needs an additional ingredient, in fact an additional randomness, to make it robust.

More precisely, at each step, each node selects k random nodes C_i , queries their opinions, and computes the median opinion:

I compare IOTA to Darwin - the LIFE working since some years on our globe... >;DO=
I think in my post, the TANGLE will be forked later, and it will have always a leader (!!!!!) in this leaderless consensus protocol ... as in the LIFE we taste it.

Just some question.

1.) Are this algo' solved already an attack with small transactions? i.e. if some hundred, thousand nodes producing only 1 IOTA (!!!) for random addresses, and later try it to use again?
It was a question of me targeted CfB (sorry BCNext on reddit, but he / she dleted that acc after the conversation ... ... ...) on early 2017 ... in IOTA AMA ... I asked some "anything", sure.

One "anything" of me was solved - MAYBE - with FPC (( but with maybe a leader specie later through a kind of an EVOLUTION of the LIFE of all FORKs of TANGLE's >:DO= )) but I asked this possible and simple attack also.
And:

2.) How long will run this testnet of IOTA, and from which time can we ((the original investors of the IOTA project)) calculate with a start of the well tested REALNET with our original stake? Just to KNOW >;DO=