Quote from: SteveoMB on February 03, 2017, 01:45:49 PM

Quote from: SatoNatomato on February 03, 2017, 01:18:46 PM

Quote from: SteveoMB on February 03, 2017, 11:30:52 AM

Quote from: SatoNatomato on February 03, 2017, 09:45:07 AM

Quote from: SteveoMB on February 03, 2017, 12:59:40 AM

Quote from: Snowykingdom on February 02, 2017, 11:35:15 PM

iotatoken=david=shit
IOTA=SCAM

so fuckin simple, just watch and learn at their moderated forum.

"scam" implies a malicious intention,

Great point.

Now Id say its not a real scam, its just incompetence. The scam is an opportunity, not originally planned for.

IoT is very attractive, its an enterprise buzzword, so of course it attracts real people with real good skills, but the founders and leaders, are just incompetent, both technically and socially obviously, and are delivering vapor, "almost-good" "we will have it ready soon" "from day 1 we knew we have to build asics and sell that duh".

The train is in full steam ahead, the crash wont be spectacular, good parts will fall out of IOTA. But it wont be the one and only machine economy infrastructure or anything like that at all.

may I ask for your qualification?
you seem to be better than every genius in the iota-team

Let me explain like this,

Even if I cannot paint like Picasso, I can still tell that your painting looks like shit and Picassos doesnt.

Even you should be able to see Iota for what it is, if you had not invested in it and now your critical-thinking is malfunctioning. You just want it to happen you just want it to work. You just want the damn money. And you and I both know, IoT micro-transactions market exists, corporations are dying for it even today, they want it. They want to sell their sensors data in automated fashion.

Look at it from a different perspective, if you are developer of IoT applications, from all the developer platforms out there, and all the chips, how many support the non-existent Jinn-machine/power-hungry ASIC? How many chips today need a power-hungry ASIC, extra-chip integrated on a micro-controller, in order to "broadcast txs to other nodes" for anyway not receiving any protection? I am telling you, 0, zero, none. You do not need it, in fact it is an extra cost, both in integrating it with micro controllers, and various IoT platforms, maintaining it, and in your application - all for what? "Zero-fee transactions"? For not having any more protection of your "IoT nodes" txs than SSL/TLS already today offers if you anyway talk to a full node under your trust.

Byteball does it better, and it does it much better. The fees are minuscule to what you can do, if you have 1Gigabytes, you can do 826 000 txs, and if you dont want your IoT device to "run out of balance to send txs", a declarative smart contract away puts the fee of 580 bytes on the buyer of your sensor-data.

That is all it takes, a declarative smart contract in Byteball, a very light wallet, put 600bytes on all your IoT devices, and sell their data at market prices. Buyer would pay 600bytes (tx fee) plus your set amount to buy say weather or such data. When you receive it, your IoT devices give that. Byteball also supports Oracles so all this can be done decentralized. If you dont want the very light wallet on IoT device (to develop it now), or to put any bytes on each device, you can use already made HTTPS API in all IoT development platforms and talk to your full node wallet. It cant get any simpler than this.

But anyway, good luck with it all.

And in the end, it's all a competition for you. That's the point. I don't see Byteball as a competitor. Not one iota. You reveal your intentions. Wink

Wasted energy, srsly man. All for nothing.

Now, dude seriously? It was just an example, I might have as well used SPECTRE or any other shit coin in the example - of alternative solution. Just because it has Iot in its name doesnt mean its the best suited for it.

Value shifting between two humans happen when exchanging paper-notes or coins or mobile-phones or rocks, all else in digital crypto is machine-to-machine communication. Just because it doesnt "aim for", doesnt mean it wont be most applied there - see Linux, mostly applied on servers and super-computers, while it was "aimed for" hobby geeks PCs.

The issue with credibility, is with the developers/leaders/founders - Ive explained before here their treatment of me when attempting to join Iota community. They arent socially skilled to lead a project of the vision of Iota - they are the weakest point, worse than the asic idea.

Issue with credibility - censoring/deleting my posts from here in the main IOTA thread for asking the same shit I ask here. That is lying. Hiding information/questions from others.

Yes, heard about those buzzwords, ever heard of Markov chain? Oooh sooo fancy. Ternary? Please, it was attempted even in 1960s.

Jinn will get cheaper? So your entire investment in IOTA rests on a still-magical hardware to get cheaper. Cheaper than IoT microcontroller which costs $1 ?

So you want post-quantum crypto/openssl, a google away is https://github.com/open-quantum-safe/liboqs that wasnt hard.

Quote from: SteveoMB on February 03, 2017, 01:45:49 PM

you cannot buy sensordata for prices

LOL, ok then wtf would you buy it for if not a price?

A gigantic, like really humungus gigantic amount? How much is gigantic for you? Do you have difficult writing the word trillion? Show examples or go home. Anyway my example was just to wake you up and see a different perspective it was not a "think before write" example, its okay if you dont want to think of anything else than what IOTA are selling you.

Yes, yes I do discredit any other piece of shit technology/idea I see. Ethereum and TheDAO scandal in particular, I laughed at it before its launch (Full Turing machine... like fucking okay dude, tell me how that wont fail exactly) and I continue chuckling even now, which is how I live my life. What is my motive? Excellence, just that, elegance and excellence in software-industry, I dont want to be surrounded by scumbag IoT devices using more power than they need, polluting the environment even more for no gain at all - my motive against iota asics is environmental protection, and against iota founders/"developers" scamming people of money, just like that because I am a good guy. Im the type of guy to open and hold a door for you, even you Steveo, and Im here telling all "investors" watch out.

Simple enough - watch out! They gonna grab your money!

And if you think of investing in Byteball - dont do it, its not even 1 month in "production". Invest in a new perfume and go out get drunk instead.