Post
Topic
Board Announcements (Altcoins)
Re: [ANN] IoT-Chain
by
ibininja
on 21/06/2018, 05:22:54 UTC
This could be the next big thing. Still have to wait until December but it will definitely gain more attention. Targeting smart technologies and renewable sources is the way to go. Efficient mining makes everyone happier 

I think you are talking about manner launch in December? Yes, that will be very big steps for ITC, and everyone is waiting for this launch.
I am more excited about October as they are going to release the public test network according to their roadmap and will it only last a month?

Indeed, the release of the public testnet will be a milestone for IoTChain. I really want to know, if it works as easy as most people say.

I mean I don't see why not. It's just an OS level that bridges together your IoT devices to their network. It'll kinda be like a VPN for your IoT devices, except you get paid in ITC tokens for your device to be on the chain Cheesy

That sounds too good to be true
so, the more devices i have in the chain the more ITC i will earn? Show me the way to the next electronic-store:-)
or do I understand something wrong?

well the OS is meant to run on low power and low level hardware which is basically the nature of most of the IoT devices. You will be rewarded in ITC but I think the more people go onboard I mean manufacturer the better the reward.

Yea but for the fact that they are getting rewarded by ITC tokens, is a good thing, an avenue for the token to increase in value and IoT is really a good technology because they seem to simplify the life of users and with minimum consumption of energy but the security aspect is the part that needs the attention of ITC, so i see this as a very viable project

I agree add to that the perks of going to the blockchain and the enhanced security measures and also the unified platform. So you will end up unifying multiple devices through the same platform