[ANN] [GDGC] GadgetCoin | IoT | M2M |Smart Contracts on Hardware

[sidhujag]

Might wanna update OP with this relationship of IOTA because im not sure what the relationship is.

[1714199929]

1714199929

[1714199929]

1714199929

[threedaymonk]

Might wanna update OP with this relationship of IOTA because im not sure what the relationship is.

There isn't one right now just being discussed.

[barabbas]

IOTA has a unique coin, lots of money, very good marketing skills and hundreds of supporters.

Have you lost your fucking mind albert?

Who actually will make the IOTA project a success in the corporate driven Internet of Things sector when you need to compete with large multinationals such as Samsung, Intel and Siemens? Will be that individual the 24 years old Scandinavian business-boy David with zero experience in IoT or the anonymous Come-from-Beyond who is hiding in some basement in Belarus? You believe those individuals will be able to create a successful IoT business. Your naivety is really astonishing.
When I asked the 24 years old David boy what is your experience in IoT and business in general his is answer was: I have been reading about it a lot for years. Hurray, he has been reading about it - lets invest in him. Combined such deep expertise of the boy with the anonymous Come-from-Beyond java skills they should be able to take on Samsung and Intel. Of course not.
When I pointed out to the 24 years old boy that IoT sector (due to fragmented corporate interests, the reluctance of adopting open source solutions and immense competition in the field) there is no profitable IoT startup exists yet, all of them survives on subsequent rounds of angel and VC investments, he said, "oh no that is not correct" ... next day he started the BS to his investors that securing a VC investment is the way to go forward.
They have zero experience in IoT, they have never ever worked with any system integrators and therefore they have absolutely no idea what are the system and business requirements in the field, but they want to create a successful IoT business. Really?

Have you ever bothered to check out what type of work - as well as the quality of that work - is going on with the IoT, standardization process, protocol design within the W3C organisation? Our devs are working with those serious businesses in daily bases. The 24 years old boy and the anonymous java programmer from Belarus are working with sithy exchanges to organise the next P&D. So where is the overlap in ethics, moral, skills, ambition and vision exactly?

The JINN project indicates how delusional (as well as scammer) are the boy from Scandinavia and the anonymous from Belarus. Their "plan" was to implement a hardware business by rolling out a new microporcessor and hardware platform. I am quite familiar with microprocessors, firmware and low level, embedded software (check out my posts how I helped out the TileCoin developers and probably saved them a lot money by pointing them out the ATMEL crypto processors and many my other posts on the topic) and since I know you are not familiar in the field let me tell you that these two fuckers will never ever will roll out a new microprocessor. However, they have collected the money for it from the delusional and uninformed crowd. It took 5 years for ATMEL using their unlimited financial power to get started the open source Arduino platform (yes it is not a sole processor project but the initiative is very similar, i.e. create a new hardware platform). There are estimates that the project cost more than US$ 500 million for ATMEL so far. The boy plus the anonymous from Belarus in order to succeed essentially would have to be able to replicate that Arduino process/success with JINN. How realistic is that? Now, these are your "business partners".

As for barabbas, I am very disappointed with the asshole as he went to the lowest of lows by giving to the public our private conversation, but to be fair and for the benefit of the readers here, I have to admit that his reservation about GadgetCoin is understandable at this moment in time. The GDGC devs have not delivered anything substantial yet. I know the devs are working on the system and let see if they can prove barabbas and the sceptics wrong.

Since they are full or your lies, asshole, I understand your concern about those private conversations being made public. But they haven't been. Yet. No need. By now everyone knows that you blatantly lied -and made significant offers- to try to get me involved in helping this project. Not only I was skeptical from the get go and REJECTED the substantial "offers", but also explained quite clearly why this "project" was completely inviable. The porno models stuff is already out for it would have never worked, of course. But now it has the Tzapardi involvement that is, evidently, the kiss of death for this guy has never ever succeeded at anything, not that with or without him was there ever even the slimmest of possibilities. And you and your investment which, minimal as it is, is quite lost i'm afraid.

But, once again, you are right in what regards IOTA the 24 boy and the Belarus java programmer that wants to shut you out betting 50 btc of the ico money he just got from idiots like Albert.
NOTHING WILL EVER COME OUT OF ANY OF IT. Not on this and not in IOTA.

Tired of idiots, scammers and lying assholes...

[chocobo]

IOTA has a unique coin, lots of money, very good marketing skills and hundreds of supporters.

Have you lost your fucking mind albert?

Who actually will make the IOTA project a success in the corporate driven Internet of Things sector when you need to compete with large multinationals such as Samsung, Intel and Siemens? Will be that individual the 24 years old Scandinavian business-boy David with zero experience in IoT or the anonymous Come-from-Beyond who is hiding in some basement in Belarus? You believe those individuals will be able to create a successful IoT business. Your naivety is really astonishing.
When I asked the 24 years old David boy what is your experience in IoT and business in general his is answer was: I have been reading about it a lot for years. Hurray, he has been reading about it - lets invest in him. Combined such deep expertise of the boy with the anonymous Come-from-Beyond java skills they should be able to take on Samsung and Intel. Of course not.
When I pointed out to the 24 years old boy that IoT sector (due to fragmented corporate interests, the reluctance of adopting open source solutions and immense competition in the field) there is no profitable IoT startup exists yet, all of them survives on subsequent rounds of angel and VC investments, he said, "oh no that is not correct" ... next day he started the BS to his investors that securing a VC investment is the way to go forward.
They have zero experience in IoT, they have never ever worked with any system integrators and therefore they have absolutely no idea what are the system and business requirements in the field, but they want to create a successful IoT business. Really?

Have you ever bothered to check out what type of work - as well as the quality of that work - is going on with the IoT, standardization process, protocol design within the W3C organisation? Our devs are working with those serious businesses in daily bases. The 24 years old boy and the anonymous java programmer from Belarus are working with sithy exchanges to organise the next P&D. So where is the overlap in ethics, moral, skills, ambition and vision exactly?

The JINN project indicates how delusional (as well as scammer) are the boy from Scandinavia and the anonymous from Belarus. Their "plan" was to implement a hardware business by rolling out a new microporcessor and hardware platform. I am quite familiar with microprocessors, firmware and low level, embedded software (check out my posts how I helped out the TileCoin developers and probably saved them a lot money by pointing them out the ATMEL crypto processors and many my other posts on the topic) and since I know you are not familiar in the field let me tell you that these two fuckers will never ever will roll out a new microprocessor. However, they have collected the money for it from the delusional and uninformed crowd. It took 5 years for ATMEL using their unlimited financial power to get started the open source Arduino platform (yes it is not a sole processor project but the initiative is very similar, i.e. create a new hardware platform). There are estimates that the project cost more than US$ 500 million for ATMEL so far. The boy plus the anonymous from Belarus in order to succeed essentially would have to be able to replicate that Arduino process/success with JINN. How realistic is that? Now, these are your "business partners".

As for barabbas, I am very disappointed with the asshole as he went to the lowest of lows by giving to the public our private conversation, but to be fair and for the benefit of the readers here, I have to admit that his reservation about GadgetCoin is understandable at this moment in time. The GDGC devs have not delivered anything substantial yet. I know the devs are working on the system and let see if they can prove barabbas and the sceptics wrong.

Since they are full or your lies, asshole, I understand your concern about those private conversations being made public. But they haven't been. Yet. No need. By now everyone knows that you blatantly lied -and made significant offers- to try to get me involved in helping this project. Not only I was skeptical from the get go and REJECTED the substantial "offers", but also explained quite clearly why this "project" was completely inviable. The porno models stuff is already out for it would have never worked, of course. But now it has the Tzapardi involvement that is, evidently, the kiss of death for this guy has never ever succeeded at anything, not that with or without him was there ever even the slimmest of possibilities. And you and your investment which, minimal as it is, is quite lost i'm afraid.

But, once again, you are right in what regards IOTA the 24 boy and the Belarus java programmer that wants to shut you out betting 50 btc of the ico money he just got from idiots like Albert.
NOTHING WILL EVER COME OUT OF ANY OF IT. Not on this and not in IOTA.

Tired of idiots, scammers and lying assholes...

So would you say Gadgetnet has a greater or lesser chance of success than your acting career? Thanks, just trying to put this all in perspective.

[Nxtblg]

Just like yourself, I am also upset that we don't have profit with GadgetCoin yet. Still, I am very optimistic. Based on what I can see about the technology, W3C, the DAC company share distribution and targeted use cases, I still think this could work out very nicely.

Hmm...from what I've (haven't) seen, there's no place to buy or sell any GadgetCoin now.

[Nxtblg]

it would be great, but i am not sure why IOTA would share with gadgetnet their success and resources. IMHO the collaboration is highly unlikely. don't forget, the gadgetnet developers have been here for a year, but the IOTA dev only came here in the last day of their IPO. we will see.

Maybe some kind of interoperability via APIs? (Admittedly, I'm talking over my head tech-wise...)

[Nxtblg]

I still think the adult video was a good idea, but you were right that it's just too difficult to crate the business. The evil in the details.

Is anyone still trying to make that, er, connection? If not, anyone have the lowdown on why the effort foundered?

[Netzer]

I still think the adult video was a good idea, but you were right that it's just too difficult to crate the business. The evil in the details.

Is anyone still trying to make that, er, connection? If not, anyone have the lowdown on why the effort foundered?

I do and spoke to the developers many times about it.
I have signed up studios in Hungary and Romania. these are well established studios with super models. they are ready to switch, the 90% pay out is an incentive.
The developers demoed the system  for us. the web site was ready for a long time ago. the studios liked the Jizzmo web site.
Everything was ready to go, but the August-September BTC volatility came. it was 30% swing in BTC price twice and I couldn't demonstrate the studios how the volatility can be eliminated.
The studios wanted to receive a fix amount for each minute broadcasting, but the devs couldn't get instant BTC to USD exchange from any payment providers for high volume. I couldn't get either. The big Romanian studios generate 1 million USD per month. very big amount and the payment providers won't instant exchange that for a startup adult business. it was offered me 5000 US dollar exchange per month. the studios laughed me when heard that amount.
I agreed with the devs that once the GadgetNet company is accepted by the payment providers then we contact the studios again. the studios are keen to work with me, they can save lots of money with this system.
barabbas was correct that the business plan is having issues. I think we can start it step by step, building up the exchange amount from small to high amount.
I understand the devs do work on other part of the system. once they not so busy I hope we can revisit the adult video business.

[barabbas]

So would you say Gadgetnet has a greater or lesser chance of success than your acting career? Thanks, just trying to put this all in perspective.

Oh you are of that other camp? I have stated many times that my real identity is Batman, though. As such, I have great expectations for my next movie. I don't know if that will answer your question in a positive manner... The fact you are here in and of itself is an indication that probably not.

But remember: Batman. Occasionally, Bruce Wayne...

[albert_mt]

So would you say Gadgetnet has a greater or lesser chance of success than your acting career? Thanks, just trying to put this all in perspective.

Oh you are of that other camp? I have stated many times that my real identity is Batman, though. As such, I have great expectations for my next movie. I don't know if that will answer your question in a positive manner... The fact you are here in and of itself is an indication that probably not.

But remember: Batman. Occasionally, Bruce Wayne...

that means everybody is idiot and scammer. IOTA and Gadget don't make sense. only barabbas can see the truth.

[TPTB_need_war]

IoT is an entirely new concept for me, and I am just now reading the GadgetCoin white paper. I have not had time to study the W3C working group or any other resources on this topic. Note I did make a supportive comment early on in this thread, commending the attempt to create user level apps utilizing crypto-currency.

Some initial thoughts on IoT/WoT:

• Why have IoT private databases? Use encryption instead, which is more secure. Network intrusion is impossible to 100% prevent, even if you use a sneakernet, e.g. the Stuxnet attack.
• Reputation/trust systems for consensus are not advisable because they are not anti-fragile (see Taleb's math). Thus they trend to centralization over time.
• Low-power, resource constraints favor Winternitz signatures over ECDSA for authentication in terms of the CPU cost although the bandwidth cost rises exponentially compared to ECDSA as bit-security increases. For encryption, a Diffie-Hellman exchange will be required to establish a shared encryption key, but this will not be a real-time requirement.
• Afaics, smart contracts incur the multiplicity of verification cost. The only solution I thought of is zk-snarks, but then the proving cost is very high, which isn't applicable to low, resource IoT/WoT. Seems contracts for IoT will need to be hard-coded efficient scripts, unless another technical solution can be devised.

[Nxtblg]

I still think the adult video was a good idea, but you were right that it's just too difficult to crate the business. The evil in the details.

Is anyone still trying to make that, er, connection? If not, anyone have the lowdown on why the effort foundered?

I do and spoke to the developers many times about it.
I have signed up studios in Hungary and Romania. these are well established studios with super models. they are ready to switch, the 90% pay out is an incentive.
The developers demoed the system  for us. the web site was ready for a long time ago. the studios liked the Jizzmo web site.
Everything was ready to go, but the August-September BTC volatility came. it was 30% swing in BTC price twice and I couldn't demonstrate the studios how the volatility can be eliminated.
The studios wanted to receive a fix amount for each minute broadcasting, but the devs couldn't get instant BTC to USD exchange from any payment providers for high volume. I couldn't get either. The big Romanian studios generate 1 million USD per month. very big amount and the payment providers won't instant exchange that for a startup adult business. it was offered me 5000 US dollar exchange per month. the studios laughed me when heard that amount.

So that's what did it...no volatility-buffering payment provider with any volume. A shame.

[mtomcdev]

IoT is an entirely new concept for me, and I am just now reading the GadgetCoin white paper. I have not had time to study the W3C working group or any other resources on this topic. Note I did make a supportive comment early on in this thread, commending the attempt to create user level apps utilizing crypto-currency.

Thank you very much for your supportive comment back at the time and your post now.

Why have IoT private databases? Use encryption instead, which is more secure. Network intrusion is impossible to 100% prevent, even if you use a sneakernet, e.g. the Stuxnet attack.[/li][/list]

It is encrypted even on the private device node. We thought it is necessary to keep the transaction information not only in the public blockchain, but on the node level too. We were trying to solve privacy and provide anonymity at the time, but soon we realized anonymity is not possible without trusted nodes. The idea was, don't give full power to the trusted nodes in managing the data and don't rely 100% on the honesty of trusted nodes, don't assume the trusted node will always return the correct data. The individual nodes keep the transaction data locally to prove the balance and transaction history. Most likely it is an unnecessary complication.

Low-power, resource constraints favor Winternitz signatures over ECDSA for authentication in terms of the CPU cost although the bandwidth cost rises exponentially compared to ECDSA as bit-security increases. For encryption, a Diffie-Hellman exchange will be required to establish a shared encryption key, but this will not be a real-time requirement.

Currently the system uses FIPS compliant ECDSA and EC Diffie-Hellman for key exchange. We will look into the Winternitz signatures.

Afaics, smart contracts incur the multiplicity of verification cost. The only solution I thought of is zk-snarks, but then the proving cost is very high, which isn't applicable to low, resource IoT/WoT. Seems contracts for IoT will need to be hard-coded efficient scripts, unless another technical solution can be devised.

You assumed correctly, all current contracts are hard coded. We don't have a turing-complete scripting language for smart contracts in the system. We thought it's not feasible to implement such module on low constraint IoT devices. The idea was that smart contracts could be very useful in device provisioning and device management, but it seems businesses and end users don't see a lot value in smart contract. The smart contract concept on IoT devices needs to be revisited.

Thank you!

[mtomcdev]

So that's what did it...no volatility-buffering payment provider with any volume. A shame.

Hard to find a payment provider that allows large volume, instant BTC to FIAT exchange. Most likely we need to start with FIAT and credit card payments, without processing BTC.

[altcoinUK]

Guys, please listen TPTB_need_war. He is the smartest person in this whole crypto universe. Additionally, he is a very honest man, he is not a low life P&D scammer. I am willing to give up some from my share holding in order to get his regular input. He has the knowledge and ability take this project to the next level.

[Come-from-Beyond]

Guys, please listen TPTB_need_war. He is the smartest person in this whole crypto universe. Additionally, he is a very honest man, he is not a low life P&D scammer. I am willing to give up some from my share holding in order to get his regular input. He has the knowledge and ability take this project to the next level.

Noone trusts your words after you failed to prove that they are worth anything.

[altcoinUK]

Guys, please listen TPTB_need_war. He is the smartest person in this whole crypto universe. Additionally, he is a very honest man, he is not a low life P&D scammer. I am willing to give up some from my share holding in order to get his regular input. He has the knowledge and ability take this project to the next level.

Noone trusts your words after you failed to prove that they are worth anything.

Oh dear … you are undoubtedly a super smart fellow, your educated and valuable input in TPTB_need_war’s thread clearly indicates that you have an exceptional intellect which could help achieving great things instead of utilising it for scams which you do … but what a pathetic attention whore you are.

Let me try to get my head around this betting.

So here is a Lukashenko's dick licking Belarusian punk (you) who is enjoying the protection of a corrupt dictatorship by hiding in the most depressed shithole of Europe while organising the newest scam … so this anonymous punk announces that he thinks the only way I can be an honourable man if I send some money to somewhere to prove something that he, a Belarusian wanker did or did not do something. Lets put aside the fact that you have serious psychological issues if you think you are so important that I should be even slightly concerned about what you think, but essentially you are saying that I would need to prove myself to you, a Belarusian wanker, otherwise you will continue trolling in this thread.
Let me try to get my head around the most likely never ever returning life time opportunity which gives me the opportunity to impress a nobody from Belarusia by jumping on his post on an anonymous forum, because this wanker thinks that he is so important that I must redeem myself as well prove myself to him. Are you serious or you just trolling this thread? I understand that you are very much butthurt from my comments, but why do you think it is important to me what low life scammers like yourself think?

[Come-from-Beyond]

Oh dear … you are undoubtedly a super smart fellow, your educated and valuable input in TPTB_need_war’s thread clearly indicates that you have an exceptional intellect which could help achieving great things instead of utilising it for scams which you do … but what a pathetic attention whore you are.

Let me try to get my head around this betting.

So here is a Lukashenko's dick licking Belarusian punk (you) who is enjoying the protection of a corrupt dictatorship by hiding in the most depressed shithole of Europe while organising the newest scam … so this anonymous punk announces that he thinks the only way I can be an honourable man if I send some money to somewhere to prove something that he, a Belarusian wanker did or did not do something. Lets put aside the fact that you have serious psychological issues if you think you are so important that I should be even slightly concerned about what you think, but essentially you are saying that I would need to prove myself to you, a Belarusian wanker, otherwise you will continue trolling in this thread.
Let me try to get my head around the most likely never ever returning life time opportunity which gives me the opportunity to impress a nobody from Belarusia by jumping on his post on an anonymous forum, because this wanker thinks that he is so important that I must redeem myself as well prove myself to him. Are you serious or you just trolling this thread? I understand that you are very much butthurt from my comments, but why do you think it is important to me what low life scammers like yourself think?

You can keep making excuses, it will change nothing. The only option you have left is to create another account. Or keep the current one if you make posts without expecting others to take them seriously.

[altcoinUK]

The only option you have left is

Sure. Now, fuck off with your delusional self importance nonsenses and options, and stop trolling in this thread.

[LiQio]

The only option you have left is

Sure. Now, fuck off with your delusional self importance nonsenses and options, and stop trolling in this thread.

@altcoinUK
Your behavior and language is absolutely disrespectful.
Please leave the GadgetCoin thread. You disparage this project by pretending to be a supporter of the ideas when all you care about is making money.

What you say reflects a selfish, greedy racist liar.
(Reported to mods)