luchins
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April 19, 2018, 06:10:51 AM |
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Lotta people confident in IOTA but after seeing how the developers respond to their followers I really don't see a long term future for this unless they clean up their act. Even then the Tangle is... clunky.
You do know what "BETA" and "not production ready" mean -- I'll remind you in 6-8 months that you didn't. It has been ''''BETA'''' for 5 years We are in 2018, still beta, no wallet, funds has been disapeared in December, Tangle full of bugs discovered by researchers How long should the protocal layer of the IOT take? If it were easy, someone would have already done it--especially given the estimates for the IOT market are in the tens of trillions of dollars. There is a wallet--not sure why you keep repeating this fallacy. I think you confused another poster's comment on hardwallets for wallet apps--but you seem to get a lot of details wrong and keep repeating them, so not at all surprising. They held everyone's funds that were in danger and are in the process of giving them back--both Bitcoin and Ethreum have had major software issues, and if you spent as much time scouring for their FUD, you would have found them and acknowldege what most rational people realize--that software is never perfect and development is an iterative process. Just a reminder for those who would rather not be purveyors of a double standard https://en.bitcoin.it/wiki/Value_overflow_incident <--if that had been IOTA, imagine the outcry. Heilman's research is contested (he also has a conflict of interest with his link to daglabs) and the IOTA devs removed the hash function in question, despite their belief that Heilman was mistaken. I'll wait for the third party researchers to determine who was correct. You didn't told me why the token should increase value. WHY should IOTA token increase value' Do you know the law of supply and demand? 2 BILLION TOKENS LEARN ECONOMY LEARN TO READ https://bitcointalk.org/index.php?topic=2357298.msg34811358#msg34811358So, as seen that you are smart, let me to know what do you think about the competition. What about IOTtex? https://thebitcoin.pub/t/iotex-the-iota-killer/33356https://www.iotex.io/FAQIoT has rapidly evolved over the years, but lacks real “killer applications”. McKinsey predicted that IoT could generate up to $11.1 trillion per year in economic value by 2025. Despite the potential of IoT, there are roadblocks ahead: lack of scalability, privacy concerns, and lack of functional values. IoTeX solves these problems by introducing a blockchain-in-blockchain architecture with token economy. By combining token incentives with community efforts, we believe we can crowdsource industry and community talents to address these technical challenges in IoT development. At the highest level, we have four main innovations: 1. Blockchain-in-blockchain architecture which ensures privacy and prevents IoT information leakage; 2. Built-in privacy based on lightweight cryptography; 3. Real-time consensus with instant finality, which improves the throughput of the network, and reduces transactional cost, and boosts efficient cross-blockchain communication; 4. Subchain-as-a-service (SAAS) to facilitate fast prototyping and production of new IoT applications and ecosystems. And IOT chain. So IOTA use DAG Dag is a techno in its infanc and FULL OF BUGS Which one to choose? Clearly IOt chain and IOTex
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ananas99
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April 19, 2018, 06:26:37 AM |
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To see the growth of this coin, you need to be sure that the project of the Internet of things will develop. Only in this case he has a chance to meet all expectations. Therefore, we take a coin for the next two years and look forward to happiness.
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generalizethis
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April 19, 2018, 07:46:05 AM Last edit: April 19, 2018, 08:35:32 AM by generalizethis |
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Lotta people confident in IOTA but after seeing how the developers respond to their followers I really don't see a long term future for this unless they clean up their act. Even then the Tangle is... clunky.
You do know what "BETA" and "not production ready" mean -- I'll remind you in 6-8 months that you didn't. It has been ''''BETA'''' for 5 years We are in 2018, still beta, no wallet, funds has been disapeared in December, Tangle full of bugs discovered by researchers How long should the protocal layer of the IOT take? If it were easy, someone would have already done it--especially given the estimates for the IOT market are in the tens of trillions of dollars. There is a wallet--not sure why you keep repeating this fallacy. I think you confused another poster's comment on hardwallets for wallet apps--but you seem to get a lot of details wrong and keep repeating them, so not at all surprising. They held everyone's funds that were in danger and are in the process of giving them back--both Bitcoin and Ethreum have had major software issues, and if you spent as much time scouring for their FUD, you would have found them and acknowldege what most rational people realize--that software is never perfect and development is an iterative process. Just a reminder for those who would rather not be purveyors of a double standard https://en.bitcoin.it/wiki/Value_overflow_incident <--if that had been IOTA, imagine the outcry. Heilman's research is contested (he also has a conflict of interest with his link to daglabs) and the IOTA devs removed the hash function in question, despite their belief that Heilman was mistaken. I'll wait for the third party researchers to determine who was correct. You didn't told me why the token should increase value. WHY should IOTA token increase value' Do you know the law of supply and demand? 2 BILLION TOKENS LEARN ECONOMY LEARN TO READ https://bitcointalk.org/index.php?topic=2357298.msg34811358#msg34811358So, as seen that you are smart, let me to know what do you think about the competition. What about IOTtex? https://thebitcoin.pub/t/iotex-the-iota-killer/33356https://www.iotex.io/FAQIoT has rapidly evolved over the years, but lacks real “killer applications”. McKinsey predicted that IoT could generate up to $11.1 trillion per year in economic value by 2025. Despite the potential of IoT, there are roadblocks ahead: lack of scalability, privacy concerns, and lack of functional values. IoTeX solves these problems by introducing a blockchain-in-blockchain architecture with token economy. By combining token incentives with community efforts, we believe we can crowdsource industry and community talents to address these technical challenges in IoT development. At the highest level, we have four main innovations: 1. Blockchain-in-blockchain architecture which ensures privacy and prevents IoT information leakage; 2. Built-in privacy based on lightweight cryptography; 3. Real-time consensus with instant finality, which improves the throughput of the network, and reduces transactional cost, and boosts efficient cross-blockchain communication; 4. Subchain-as-a-service (SAAS) to facilitate fast prototyping and production of new IoT applications and ecosystems. And IOT chain. So IOTA use DAG Dag is a techno in its infanc and FULL OF BUGS Which one to choose? Clearly IOt chain and IOTex One of those is Both of those are ERC-20 token(s), which means it's both are as suitable for the IOT as much as Ethereum, which is not at all. Let me know when they have their own network(s) up. The other One I've never heard of, but if they ae layering on top of blockchains (as the quoted material suggest), then they are adding inefficiency and fees. Given IOTA's relationships with those most interested in IOT, governments and corporations, they are the leaders in the clubhouse--though you could just check CMC.
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generalizethis
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April 19, 2018, 07:59:33 AM Last edit: April 19, 2018, 10:55:35 AM by generalizethis |
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generalizethis
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April 19, 2018, 01:03:14 PM |
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luchins
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April 19, 2018, 07:54:18 PM |
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IOT CHAIN is ERC20 for the moment. It will have its own network. It has BFT consensous, which is SECURE A word that the TANGLE does not know ''SECURITY'' It's because is a tecnlogy on its infancy, so it is unsecure by definition, full of bugs, vulnerabilities At the first attak on the network, IOTA will probably lose all its value the same as it happened Nano Iot chain has BFT consensus, this means that the security and privacy is a must IOT chain will also utilize DAG plus BFT consensous
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hirozaki faraday
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April 19, 2018, 08:05:06 PM |
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Great presentation on how the technology landscape will change as IOT becomes ubiquitous in our lives and how DLTs will need to adapt to the demands. Presenter: Terry Shane, Founder of the bIOTAsphere in Toronto, and CEO of Refined Data Solutions. https://www.youtube.com/watch?v=0KDRc23Vj7w
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darkanonim
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April 19, 2018, 08:09:01 PM |
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I am sure that this is an excellent and very promising project. It seems to me that this coin will bring great profit in a few months. I like the idea of this project.
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luchins
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April 20, 2018, 12:50:19 AM |
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What do you think about CPCchain? They scale horizontaly the same like IOTA
What do you think about Radix?
Those two will overtake IOTA
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generalizethis
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April 20, 2018, 03:35:53 AM Last edit: April 20, 2018, 06:52:40 AM by generalizethis |
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Just tried to use IOTA wallet a couple of time and if you don't get stress, then maybe the coin worth the hype.
I never used a wallet so poor. Really. And i'm a true shitcoiner, this is the by far the crapiest wallet I ever used. They really need to improve this in order to make any sense the current market cap.
You should have tried using Monero's official CLI wallet, noobs wouldn't even bother. For the longest time I had correct them when they claimed the coin was shit because of the wallet. But guess what happened when new wallets appeared? Some of us get in before the noobs figure out what's goin on, and my guess, is that's why the smart money is on IOTA. Evolution of tech: 1. Early process where the developers are trying to make the tech stable. Noobs bitch about usability. 2. Tech is stable and wallets abound (notice this list is specific to crypto)--"Yeah!" Noobs rejoice. 3. A bunch of developers see the money that the new tech is making and start copy/pasing everything. Noobs read this as, "Look how easy it is to develop new technology!" 4. Early process of an atcual new technology--developers are trying to make the tech stable. Noobs bitch about usability.... *You can also throw in some glitches that the noobs weren't around to see in previous itterations and the old guard conviently forget because they are more worried about their bags than being fair and honest.
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luchins
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April 20, 2018, 09:17:20 AM |
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Just tried to use IOTA wallet a couple of time and if you don't get stress, then maybe the coin worth the hype.
I never used a wallet so poor. Really. And i'm a true shitcoiner, this is the by far the crapiest wallet I ever used. They really need to improve this in order to make any sense the current market cap.
You should have tried using Monero's official CLI wallet, noobs wouldn't even bother. For the longest time I had correct them when they claimed the coin was shit because of the wallet. But guess what happened when new wallets appeared? Some of us get in before the noobs figure out what's goin on, and my guess, is that's why the smart money is on IOTA. Evolution of tech: 1. Early process where the developers are trying to make the tech stable. Noobs bitch about usability. 2. Tech is stable and wallets abound (notice this list is specific to crypto)--"Yeah!" Noobs rejoice. 3. A bunch of developers see the money that the new tech is making and start copy/pasing everything. Noobs read this as, "Look how easy it is to develop new technology!" 4. Early process of an atcual new technology--developers are trying to make the tech stable. Noobs bitch about usability.... *You can also throw in some glitches that the noobs weren't around to see in previous itterations and the old guard conviently forget because they are more worried about their bags than being fair and honest. Can you tell me why don't you see in CPC-Chain a competitor? I have red that ITC (IOT chain) will have fees, so this will make it unfeaseble for IOT (I think), but CPC chain scales horizontallly
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thedarksun
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April 20, 2018, 09:26:55 AM |
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IOTA is a good and strong project. And the most important thing that it is a project from China and this country already gave us many high-quality coins. The only thing that can scare the market is that China doesn't have a certain attitude towards crypto yet.
It will only be a matter of time. IOTA will be very good coin, like other coins from China. We must only wait for this, for something what will be sure
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generalizethis
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April 20, 2018, 09:36:30 AM |
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This is most likely the IOTA POCs that Fujitsu will be unveiling at Hannover Messe. The nodes are especially interesting as that lends credibility to the contention that businesses and governments would be using their own nodes to secure IOT tx (though it's only one corporation's POC, it would make sense to make sure their tx aren't subject to outside interference). https://twitter.com/kaipasing/status/987019416352280577
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Artlee87
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April 20, 2018, 09:52:57 AM |
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In my opinion the cryptos with the highest potential are "mother-coins", alternate blockchains (Directed Acyclic Graph); and platforms for smart contract development. I see BTC, ETH, XRP, NEO, and IOTA being in the future top 5 consistently. The only thing that makes me skeptical of IOTA's potential to rise far more than it already has is it's supply. There's basically 200x more of them than BTC and it's market cap is already 1/25th of BTC.
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generalizethis
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April 20, 2018, 11:19:08 AM Last edit: April 20, 2018, 11:41:37 AM by generalizethis |
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In my opinion the cryptos with the highest potential are "mother-coins", alternate blockchains (Directed Acyclic Graph); and platforms for smart contract development. I see BTC, ETH, XRP, NEO, and IOTA being in the future top 5 consistently. The only thing that makes me skeptical of IOTA's potential to rise far more than it already has is it's supply. There's basically 200x more of them than BTC and it's market cap is already 1/25th of BTC.
I'll disagree on two points. There needs to be digital cash in the world (blackmarkets, untaxed income, corruption, finacial privacy*) and Monero is the best digital cash that we currently have. Second, IOTA doesn't have a decimal point (which makes its smallest unit comparable with BTC's Satoshis, which are a good base for microtransactions), so it needs to grow to handle the demands of the IOT (liquidity is a thing), which is estimated in the tens of trillions of dollars in the next decades. *These markets are in the trillions and they are only going to get more digital as time goes on.
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ajeef
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April 20, 2018, 11:39:05 AM |
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Yes IOTA catched my eye last year and it is really good project. The speed that IOTA can produce with zero fees is amazing. I bealived that the price will be higher in this year so I bought it a lot but the price just doesn't want to go up, people just don't want to buy it and i really don't know why. I am in loss so far...
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henrybek3
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April 20, 2018, 01:03:19 PM |
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I think IOTA has a serious potential with the idea of the project, but I think it is a little behind other tokens because it is not possible to put a product that works clearly. With the widespread use of intelligent devices connected to the internet, it will find a serious market for itself
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generalizethis
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April 20, 2018, 01:28:07 PM Last edit: April 20, 2018, 08:29:25 PM by generalizethis |
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Just tried to use IOTA wallet a couple of time and if you don't get stress, then maybe the coin worth the hype.
I never used a wallet so poor. Really. And i'm a true shitcoiner, this is the by far the crapiest wallet I ever used. They really need to improve this in order to make any sense the current market cap.
You should have tried using Monero's official CLI wallet, noobs wouldn't even bother. For the longest time I had correct them when they claimed the coin was shit because of the wallet. But guess what happened when new wallets appeared? Some of us get in before the noobs figure out what's goin on, and my guess, is that's why the smart money is on IOTA. Evolution of tech: 1. Early process where the developers are trying to make the tech stable. Noobs bitch about usability. 2. Tech is stable and wallets abound (notice this list is specific to crypto)--"Yeah!" Noobs rejoice. 3. A bunch of developers see the money that the new tech is making and start copy/pasing everything. Noobs read this as, "Look how easy it is to develop new technology!" 4. Early process of an atcual new technology--developers are trying to make the tech stable. Noobs bitch about usability.... *You can also throw in some glitches that the noobs weren't around to see in previous itterations and the old guard conviently forget because they are more worried about their bags than being fair and honest. Can you tell me why don't you see in CPC-Chain a competitor? I have red that ITC (IOT chain) will have fees, so this will make it unfeaseble for IOT (I think), but CPC chain scales horizontallly Never heard of it. You should look on their site if you want to research it, then cross-reference their claims with agnostic data. I generally find that the better the project, the more you learn about what users in that sector want, as the project was created to fill a need, rather than to just wow speculators. Just tried to use IOTA wallet a couple of time and if you don't get stress, then maybe the coin worth the hype.
I never used a wallet so poor. Really. And i'm a true shitcoiner, this is the by far the crapiest wallet I ever used. They really need to improve this in order to make any sense the current market cap.
You should have tried using Monero's official CLI wallet, noobs wouldn't even bother. For the longest time I had correct them when they claimed the coin was shit because of the wallet. But guess what happened when new wallets appeared? Some of us get in before the noobs figure out what's goin on, and my guess, is that's why the smart money is on IOTA. Evolution of tech: 1. Early process where the developers are trying to make the tech stable. Noobs bitch about usability. 2. Tech is stable and wallets abound (notice this list is specific to crypto)--"Yeah!" Noobs rejoice. 3. A bunch of developers see the money that the new tech is making and start copy/pasing everything. Noobs read this as, "Look how easy it is to develop new technology!" 4. Early process of an atcual new technology--developers are trying to make the tech stable. Noobs bitch about usability.... *You can also throw in some glitches that the noobs weren't around to see in previous itterations and the old guard conviently forget because they are more worried about their bags than being fair and honest. You may have a point, but i still desagree. IOTA is already on top10 with ~5billion marketcap with this crap wallet. We are probably not going to see any "moon" here, different of monero (by the time you are talking about) and either other coins with potential and low-medium market cap. This "before" in IOTA already happened a considerable time ago. As far as mooning, the needs of IOT are what will raise the price--I wasn't suggesting that only the wallet would substantially raise the price. Even with Monero, it was a gradual increase once more user friendly wallets were released (along with other improvents). It's a barrier for a certain type of investor/specualtor who only evaluates what he/she can see and doesn't have a good grasp of software development.
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gold1112
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April 20, 2018, 05:52:49 PM |
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I think IOTA has a serious potential with the idea of the project, but I think it is a little behind other tokens because it is not possible to put a product that works clearly. With the widespread use of intelligent devices connected to the internet, it will find a serious market for itself
Yes but there is not a wallet for IOTA yet, i don't feel safe without having my coins on my hardware wallet. Its strange
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