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BlackWidow
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May 14, 2016, 07:35:24 AM |
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1. IOTA say that the free transaction DAG is not only possible, but launching "soon". Could IOTA really be "non-vaporware"?
Iota doesn't have free transactions. The payer has to include proof-of-work. Proof-of-work costs some electricity and/or CPU resources. Also the centralized servers oftenmay need to resubmit the payer's transaction with new PoW, as admitted by Come-from-Beyond in our discussions in the Decentralization thread. They will not do this PoW for free forever. Iota can I guess afford to subsidize these servers for the meantime to give the illusion you desire. But sorry the correct answer is there will be never be transactions without a fee. The fee will always be charged indirectly if not directly, e.g. Facebook is free to use, but you get bombarded by ads to pay for it. so when we say free we mean no money you don't have to pay money for IOTA you don't have to pay money for FACEBOOK thanks and I will not be fearful to correct you or point out bias and that being said I still learn a lot from you and read your arrogant post because they are FREE. but now that I think of it in your context im starting to get the point you make of having to pay one way or another ha ha "you don't have to pay money for IOTA" - you only have to pay 10,000 sats for our 130sats tokens. Then after that you can send these scam tokens to each other for free. What more do you want? sorry if that is out of context. Who is we with your sock puppet account exactly? you and the other sock puppet accounts used to accumulate all the 130 sats tokens to sell to everyone else for 5000 or 10000 sats?? Sorry but zero fee is cool, i'm sure other non scammy projects will be along soon to provide zero fee transactions without all the scammyness of iota and its wild bunch of sock puppet spammers and pumpers. I would prefer to await now the cleaner projects. I was talking about fees idiot |
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Vicodin
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Power the World for FREE
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May 15, 2016, 05:01:54 AM |
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Iota for the win
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smooth
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May 15, 2016, 05:33:47 AM
Last edit: May 15, 2016, 05:45:49 AM by smooth |
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STEEM already does this, and has since the blockchain launched two months ago. No fees or PoW.
EDIT: No GUI unless you count a web wallet, so I guess it doesn't quite satisfy the OP
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Come-from-Beyond
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May 15, 2016, 09:38:02 AM |
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No fees or PoW.
PoS? Mind-blowing! |
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smooth
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May 15, 2016, 09:39:04 AM |
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No fees or PoW.
PoS? Mind-blowing! Not really it is a hybrid system, but the consensus has little to do with zero fees on transactions. |
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Come-from-Beyond
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May 15, 2016, 09:52:04 AM |
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Not really it is a hybrid system, but the consensus has little to do with zero fees on transactions.
I recall making an experimental "Ripple 2" clone, supersimple - only payments and working in browser, users of BTT were helping us to test and mine. I think I won this poll before it was created, we can lock the thread now. |
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smooth
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May 15, 2016, 09:58:43 AM |
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Not really it is a hybrid system, but the consensus has little to do with zero fees on transactions.
I recall making an experimental "Ripple 2" clone, supersimple - only payments and working in browser, users of BTT were helping us to test and mine. I think I won this poll before it was created, we can lock the thread now. For that matter, Bitcoin 0.1 had free transactions and GUI. |
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sockpuppet1
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May 15, 2016, 10:07:16 AM |
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Re: POLL - Which Crypto will be the first zero fee instant microtransaction coin with GUI that can scale to 100,000 Txns/sec and remain decentralized?
ftfy Answer: none of the CC currently envisioned. Neither will Lightning Networks nor Dash Evolution meet those specifications. |
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Come-from-Beyond
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May 15, 2016, 03:32:23 PM |
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instant ... decentralized
This is much more mind-blowing than negative Kelvin temperature! They should be nominated to the Nobel prize. |
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Vicodin
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May 26, 2016, 01:47:38 PM |
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iota
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xenia4774
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May 27, 2016, 05:14:27 AM |
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well not as decentralized as IOTA, nothing is that decentralized, of course. Just more decentralized than Ripple, Ethereum, and bitcoin the latter two are pretty much controlled by 5 miners http://www.coindesk.com/what-to-know-trading-ethereum/"decentralization" is a relative term unless you just mean "more than 1" Iota is it. I all ove this shit man |
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Vicodin
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May 30, 2016, 10:38:21 PM |
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bump
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smooth
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May 31, 2016, 12:30:35 AM |
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bump
Why? It has already been answered. |
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cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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May 31, 2016, 01:35:19 AM |
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bump
Why? It has already been answered. Because he's the biggest spammer/pumper of scams on this board and should be banned. |
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cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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July 13, 2016, 10:06:45 AM |
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Congratulations to the new Bitcoin wealthy elite! Please remember your little friend banano, now that you are rich and famous
I'll just remember you for spamming and bumping old threads. |
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