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Author Topic: IOTA  (Read 1473776 times)
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SatoNatomato
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July 16, 2017, 01:20:24 PM
 #9841

Has the centralized Coordinator been turned off yet? End of July soon.
Tobo
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July 16, 2017, 01:29:35 PM
 #9842

Has the centralized Coordinator been turned off yet? End of July soon.

Not yet, the network is still in its infancy. But you can use other options instead coordinator. The dev has explained the coordinator's current status here - https://blog.iota.org/the-transparency-compendium-26aa5bb8e260
Script3d
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July 16, 2017, 01:38:26 PM
Last edit: July 19, 2017, 12:28:04 AM by Script3d
 #9843

I pray for that too waiting with BTC on BID side. If BTC collapses below 1500 I'll just buy at market. IOTA is the only green coin in Top 10 on CMC, looks like traders are about to realize that the exit from blockchains to fiat is not the only option and the exit to tangle should be considered too.
yeah hope it happens would buy as much as i can while people still dumping before it pumps again. agreed would definitely Hold the coin for 1 year if i were holding a huge amoung of iota , its on my top 1 best to HODL here in my mind
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July 16, 2017, 02:17:27 PM
 #9844

IOTA dump?  Huh

I pray for that too waiting with BTC on BID side. If BTC collapses below 1500 I'll just buy at market. IOTA is the only green coin in Top 10 on CMC, looks like traders are about to realize that the exit from blockchains to fiat is not the only option and the exit to tangle should be considered too.

No as long as there are not fiat pairs for Iota, i dont see this as a good thing btc will drag all coins down. Times changed and in this period of hype everything went up and the old correlation between btc and alts
(btc up alts down, btc down alts up) changed now everything will just drop down.

1500 lets hope so i have power ready to buy but i think 1700 is a great resistance straight on the fib line and previous resistance/support.
vlight
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July 16, 2017, 02:19:58 PM
 #9845

I pray for that too waiting with BTC on BID side. If BTC collapses below 1500 I'll just buy at market. IOTA is the only green coin in Top 10 on CMC, looks like traders are about to realize that the exit from blockchains to fiat is not the only option and the exit to tangle should be considered too.
yeah hope it happens would buy as much as i can while people still dumping before it pumps again. agreed would definitely Hold the coin for 1 year if i were holding a huge amoung of iota

IOTA's trading volume is considerably lower than most of the major cryptocurrencies. Which shows that not too many people are trading/using IOTA. Still a lot of room to grow, and who knows, maybe there will really be a rush to the tangle.
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July 16, 2017, 02:25:37 PM
 #9846

IOTA dump?  Huh

I pray for that too waiting with BTC on BID side. If BTC collapses below 1500 I'll just buy at market. IOTA is the only green coin in Top 10 on CMC, looks like traders are about to realize that the exit from blockchains to fiat is not the only option and the exit to tangle should be considered too.

No as long as there are not fiat pairs for Iota, i dont see this as a good thing btc will drag all coins down. Times changed and in this period of hype everything went up and the old correlation between btc and alts
(btc up alts down, btc down alts up) changed now everything will just drop down.

1500 lets hope so i have power ready to buy but i think 1700 is a great resistance straight on the fib line and previous resistance/support.

There is IOTA/USD market on Bitfinex.

Besides IOTA is currently at major support, that's why the price isn't falling more. However, if it breaks and doesn't come back quickly enough, that wouldn't be a good sign.
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July 16, 2017, 03:01:47 PM
Last edit: July 16, 2017, 06:40:10 PM by Tobo
 #9847

IOTA Foundation collaboration with Singularity University and the Global Solutions Program - https://www.docdroid.net/MTjas3q/iota-and-singularity-university-july-11.pdf
Tobo
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July 16, 2017, 03:17:57 PM
 #9848

IOTA team has been laser-focusing on real world adoption and has been making great progress in it. At this speed, I bet that in 6 to 12 months, IOTA's real world adoption will surpass Ethereum's, maybe in 3 to 6 months.

The mantra of IOTA team and community: Adoption! Adoption! Adoption!
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July 16, 2017, 05:00:37 PM
 #9849


How is it with this Iota is a good project?
Come-from-Beyond (OP)
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July 16, 2017, 06:30:40 PM
 #9850

Has the centralized Coordinator been turned off yet? End of July soon.

First of all, Coordinator doesn't lead to centralization, it just protects against 34% attacks. Second, switching it off would mean that IOTA team made a centralized decision. Instead of that every users will be given a choice when to abandon babysitting from Coordinator, this is a truly decentralized approach.
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July 16, 2017, 07:04:19 PM
 #9851

Currently, the only use of DAG technology in the market are IOTA,BYTEBALL and ADK.

What is ADK and why IOTA is any better than byteball?
Tobo
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July 16, 2017, 07:16:44 PM
 #9852

How is it with this Iota is a good project?

https://forum.iota.org/t/publicly-announced-iota-real-world-projects-tracker/1820
majestymage
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July 16, 2017, 07:32:34 PM
 #9853

they still need to deliver

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Tobo
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July 16, 2017, 07:36:51 PM
Last edit: July 20, 2017, 09:03:58 PM by Tobo
 #9854

Currently, the only use of DAG technology in the market are IOTA,BYTEBALL and ADK.
What is ADK and why IOTA is any better than byteball?

Byteball and IOTA are apple and orange. They are not comparable. They are different in everything. Here are some examples:

In term of software design, Byteball uses a third party called witnesses (which are more like the delegates in Bitshare) to validate the transactions and has transaction fees while IOTA uses the users themselves to validate the transactions and has no transaction fees. Byteball has her own unique distributed ledger while IOTA also has her own unique distributed ledger which is called Tangle. Also Byteball was not designed to resist the quantum computer attack while IOTA is designed to be able to resist the quantum computer attack.

In term of market target, Byteball initially targets the financial assets market such as stocks and bonds( you can see this from their website) while IOTA initially targets the IOT trasnaction settlement and data security market.

In term of business model, Byteball is trying to expand her user base by free air dropping their coins to bitcoins holders while IOTA team is almost exclusively focusing on working with real world IOT related companies to build real world IOTA projects (https://forum.iota.org/t/publicly-announced-iota-real-world-projects-tracker/1820).
Tobo
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July 16, 2017, 07:38:28 PM
 #9855

they still need to deliver

The thing is that they have been delivering more than everyone else.
John_Paul
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July 16, 2017, 09:34:57 PM
 #9856

A nice IOTA weekend update from Tangleblog - https://m.youtube.com/watch?v=Ak5wQ3K4l9g

Warning - in this video the author expressed some of his views about global warming. It has nothing to do with IOTA project. It is a pure individual opinion. Ignore it if you don't like it. Embrace it if you like it.
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July 16, 2017, 09:42:34 PM
 #9857

The IOTA price is incredible strong,
Almost every altcoins drops but not IOTA;
I am fool, that hasn't bought at 15cents
IntelligentIdiot
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July 16, 2017, 11:59:37 PM
 #9858

Good day. I would like to ask if IOTA has already an online wallet system, similar to myetherwallet.com and waveswallet.io? I tried installing an IOTA wallet and it is asking for some network or ip address (i forgot) and I don't know what to type so I just canceled it. I do hope it does have an online wallet site. Thanks in advance.

Not yet. For  the GUI wallet, you can use the light wallet option and follow this guide - http://www.iotasupport.com/gui-lightwallet.shtml. It is pretty easy and straight forward. Also use the latest version.

Another option is to use Bitfinex.

There is an online wallet, it is www.iota-wallet.org

That is great, I will go ahead and will be checking this out. Hopefully this will be a good wallet site to have IOTAs. I will do more research about this coin. Thanks again.
SatoNatomato
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July 17, 2017, 07:26:17 AM
 #9859

Has the centralized Coordinator been turned off yet? End of July soon.

First of all, Coordinator doesn't lead to centralization, it just protects against 34% attacks. Second, switching it off would mean that IOTA team made a centralized decision. Instead of that every users will be given a choice when to abandon babysitting from Coordinator, this is a truly decentralized approach.
WARNING Iota has a Coordinator. Your transactions are not safe without it! Be warned! WARNING
Come-from-Beyond (OP)
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July 17, 2017, 07:58:02 AM
 #9860

Has the centralized Coordinator been turned off yet? End of July soon.

First of all, Coordinator doesn't lead to centralization, it just protects against 34% attacks. Second, switching it off would mean that IOTA team made a centralized decision. Instead of that every users will be given a choice when to abandon babysitting from Coordinator, this is a truly decentralized approach.
WARNING Iota has a Coordinator. Your transactions are not safe without it! Be warned! WARNING

Those who need more info - https://blog.iota.org/the-transparency-compendium-26aa5bb8e260
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