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Author Topic: Iota Tip Thread (iota has no tx fees, lets have fun with that)  (Read 2211 times)
Come-from-Beyond
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September 14, 2016, 09:23:29 AM
 #21

25

There is a lower number...
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September 14, 2016, 09:25:52 AM
 #22


22

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September 14, 2016, 09:28:34 AM
 #23

22

There is a lower number...
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September 14, 2016, 09:28:52 AM
 #24


7
martismartis
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September 14, 2016, 09:29:25 AM
 #25

So one of the main advantages of IOTA is that no micro payment is too small. Lets have some fun with that.

Ok, here is a task for everyone: Read the story below and answer the question in the end.

David, Dominik and CFB walk into a bar, they have Iota devs tip jar with some iotas in it. Being trinary numeral system zealots they decide to spend only 1/3 of all iotas from the tip jar. Unfortunatelly, the number of the iotas is not divisible by 3, so they throw 1 iota away and spend 1/3 on beer. After a while they decide to repeat and to spend 1/3 of the remaining iotas. The number of the iotas is not divisible by 3 again, so they throw 1 iota away and spend 1/3 on more beer. An hour later, to please the God of Trinary, they decided to spend 1/3 of the remaining iotas for the 3rd time. As you may guess, the number of the remaining iotas is not divisible by 3, but they know how to handle it - they throw 1 iota away and spend 1/3 of what is in the tip jar, take the beer and walk away.

Question: What is the lowest number of iotas might be in their tip jar before visiting the bar, taking into account that number of iotas can't be fractional?

Do they completely throw away 1 IOTA every time or it returns to the jar? Smiley
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September 14, 2016, 09:30:49 AM
 #26

Do they completely throw away 1 IOTA every time or it returns to the jar? Smiley

Completely.
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September 14, 2016, 09:31:28 AM
 #27

7

There is a lower number...
Jimmy2011
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September 14, 2016, 09:33:11 AM
 #28


What's the magic number? Trinary?
SteveoMB
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September 14, 2016, 09:33:23 AM
 #29


nah my answer was wrong.

22 - 1
21 : 3
7 - 1
6 : 3
2... no fractions wrong.
--------------
I guess 40 is the only correct answer here because 4 as the last possible number to be NOT devided by 3 leads to 40 as the origin amount. But seems like a jokester-question anyways Smiley

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September 14, 2016, 09:34:55 AM
 #30


25 is right, but not the lowest!
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September 14, 2016, 09:36:11 AM
 #31

What is this thread for? I still dont get it  Huh
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September 14, 2016, 09:50:35 AM
 #32

4
SteveoMB
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September 14, 2016, 09:52:25 AM
 #33

What is this thread for? I still dont get it  Huh

transactions within the tangle(iotas "blockchain"- but not really a blockchain because no blocks, no mining)  are free of charge. no fees.
furthermore, the tangle and/or the jinn-processors are running on trinaries, not binaries.
I think this thread is meant as a little think-tank to find problems and ways to spend iotas because peoples thinking is bound to the fact that micro-transactions weren't doable up to a certain point within a blockchain because the fees would kill the feasibility. with iota it wouldn't!

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September 14, 2016, 10:00:16 AM
 #34

79-1=78*2/3=52
52-1=051*2/3=34
34-1=33*2/3=22
22-1=21*2/3=14

I would say this is the first solution with n fractional numbers...
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September 14, 2016, 10:16:02 AM
 #35

4

There is a lower number...

To find it we should recall that order of transactions in Iota doesn't matter and it's possible to spend future iotas if the merchant trusts you.

Here is the lowest number I know (written in 1pt font): -2
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September 14, 2016, 10:17:16 AM
 #36

What is this thread for? I still dont get it  Huh

pumping of the scam coin iota....stay clear

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September 14, 2016, 10:23:00 AM
 #37

pumping of the scam coin iota....stay clear

You forgot to add that your definition of "scam" = "platform cryptohunter missed the sale of".
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September 14, 2016, 11:18:04 AM
 #38

What is this thread for? I still dont get it  Huh

pumping of the scam coin iota....stay clear

much better to say to you - stay clear from this thread and from IOTA Grin

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September 14, 2016, 11:20:59 AM
 #39

cryptohunter trying here to pump his decent-lisko-waves-scam coin Grin Grin Grin

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September 14, 2016, 11:23:29 AM
 #40

pumping of the scam coin iota....stay clear

You forgot to post your Iota address.

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