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Showing 16 of 16 results by GeSh
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Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 12/05/2017, 00:24:49 UTC
Hello,

1/

When there is snapshotting, it means that the core team propose a new "tangle file".

Is there any routine to check the conformity of the new tangle with the old one ?

I wonder if it would be possible someone propose a fake snapshotting.

In the future, each node will theoretically snapshot whenever they need to without relying on trust of a third party. Perma nodes will always be available for traversal of the entire history of the Tangle if necessary for certain on chain projects.

2/

With IOTA, there is no incentive to hold a full node ?

There is no direct financial incentive, you are correct. This is the same as Bitcoin. However the indirect incentive for running a node is to 1) not have to connect your light client to someone else's host and be at the mercy of their node remaining online, and 2) support the distributed nature of the network, without which the underlying currency that you hold is worthless.






Post
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Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 10/05/2017, 16:26:25 UTC
Does the computer have to have an open input port for claiming? I thought it should work withouth, because its a light wallet...
I did last night and there was no confirmation after the whole night, so I guess because of the port?

Make sure you're using 2.1.1

so no 2.2 ok

hm... I tried it now 2 times with 2.1.1 and it went through but was pending for a long time. I replayed and rebroadcasted without success. I have now 4 transfers pending nothing confirmed... so sure, that I don't need an open port?

Network topology is very poor at the moment for a number of reasons. It's recommended that you replay unconfirmed transactions after every hour or two that they remain unconfirmed. This is a transient state of the network, so be sure to educate yourself on the reasons if you're interested. If not, then just wait a certain amount of time for the network variables to change.

Can you elaborate them briefly here?
Will replaying it a few times after each other also help?

Sure, but try to do further reading for a better understanding.
Reasons for slow network:
Poor topology - The #1 most important thing to understand about IOTA is that it's a complete paradigm shift from what you're used to. When node neighborhoods are shoddy, poorly kept up with, and poorly connected, it's very difficult to get transactions humming. This is exacerbated when the entire network is just a handful of full nodes, as it is right now. One of the biggest fixes for this problem is simply organic growth of the network.

Very few transactions - Every transaction sent requires two others to validate it before being confirmed. When there are 2 transactions per minute, waiting for 2 validators can take a very long time. Again, paradigm shift! As the network contains more and more transactions, confirmation times go down while network capacity increases. The worst these things will ever be is right now. Fix: organic growth leading to increased number of transactions per minute.

There might be a few other more technical reasons for slow network right now, but the above two are the most important to understand in the context of a forum like this.

http://iotasupport.com/whatisiota.shtml
Read over this for a general introduction
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Topic
Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 10/05/2017, 15:45:36 UTC
Does the computer have to have an open input port for claiming? I thought it should work withouth, because its a light wallet...
I did last night and there was no confirmation after the whole night, so I guess because of the port?

Make sure you're using 2.1.1

so no 2.2 ok

hm... I tried it now 2 times with 2.1.1 and it went through but was pending for a long time. I replayed and rebroadcasted without success. I have now 4 transfers pending nothing confirmed... so sure, that I don't need an open port?

Network topology is very poor at the moment for a number of reasons. It's recommended that you replay unconfirmed transactions after every hour or two that they remain unconfirmed. This is a transient state of the network, so be sure to educate yourself on the reasons if you're interested. If not, then just wait a certain amount of time for the network variables to change.
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 10/05/2017, 03:29:00 UTC
Others are in the same situation as you.
There are a few people who have neglected to properly claim, although this becomes a smaller number every day. Nearly everyone has been able to claim properly. We're talking well over 90%

Unlike the "4 months" that David claims people had, people who DID follow the first claim process got an email 2 weeks before the launch. So people had 2 weeks, not 4 months. For some reason, this email went out 10 days after the information was already in the forum, not sure why.
Don't choose to participate in a project that actively encourages engagement, and then complain about claiming windows on the order of weeks in your proposed scenario.

Now David aka Iotatoken  makes guilty people for missing  2 week window after the patiently waited for a long time. He think anyone not technical is a pleb and beneath him. So unprofessional. He ignores people messages and never responds. He should not be a face of IOTA if he is so degrading. People may never get the IOTA they are owed while David and his buddies sell tokens on OTC.
This abomination of a forum is not the medium in which to interact with the IOTA team. Email the official IOTA team, join the slack and request help, or join the IOTA forum and do the same. It takes just a modicum of effort.
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Topic
Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 09/05/2017, 14:13:10 UTC
Does the computer have to have an open input port for claiming? I thought it should work withouth, because its a light wallet...
I did last night and there was no confirmation after the whole night, so I guess because of the port?

Make sure you're using 2.1.1
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 08/05/2017, 15:48:20 UTC
Can IOTA's that we have in our current wallet be SCAMMED with another foolish statement for example "upgrade your wallet now" (if new wallet were to come) or the money will be sent to the IOTA Foundation. Seeing the IOTA team anything is possible.

Are our IOTAs safe now? Or will there be another scammish attempts to steal our IOTA?

It is a such a disgrace that IOTA is such a scam knowing what a great project it is. I think this is just the top of the iceberg.

I just need a YES or NO. I don't need the dogs come barking around the corner and defending their master. Just a simple YES or NO if my IOTAs in current wallet is safe now forever or not. Can I hold them for several years without being in danger to be stolen?

How are we even discussing this matter? So ridiculous..

Yes, you might have to claim them again after a final release.

This is clearly not the project for you.
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Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 30/04/2017, 04:19:58 UTC
I read the white paper (if you can call it that) for another DAG coin which shall remain nameless, but it appears to me to be a "centralized" coin since it will be relying on "reputable" witnesses. Does this one have anything like that?

http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/

IOTA and the other DAG that you read about essentially only share one commonality: they both use a DAG protocol. The similarities pretty much end there. That's not to comment on the utility of each.
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Topic
Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 29/04/2017, 01:10:07 UTC
SERIOUSLY?!

WHERE ARE ALL THE SPAMMERS AND ATTACKERS!

"IOTA SPAMMERS" IS FAKE NEWS!

THERE ARE AND NEVER WILL BE!

DON'T TRUST THE LIES!

I BOUGHT IOTA BECAUSE I HEARD THAT THERE WERE GOING TO BE SPAMMERS WHO WOULD HELP ME MAKE MY TRANSACTIONS FASTER AND I WAS LIED TO!!!!

I WANT MY MONEY BACK SCAMMERS!!!!

In the future, avoid buying something you haven't fully researched. The IOTA team has been explicit in its desire to keep speculators away for this very reason. Just wait to buy until IOTA hits exchanges if you feel so compelled to buy on a whim.
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Topic
Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 26/04/2017, 01:38:55 UTC
Where is result of stress test? I want to know them. Really hope that stress test was successful and next step exchanges. We need spread the world about iota among others traders too

Exchanges won't be for a while. There's absolutely no reason to rush IOTA, and there shouldn't be any desire to get traders involved.
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Topic
Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 22/04/2017, 16:52:25 UTC

Were the results, conclusions, etc. of the stresstest posted anywhere?  I asked before looking, but please drop a link if you have it handy!   Smiley



Initial results suggested 100+ cTPS. They say that a full report is in the works.
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Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 19/04/2017, 23:16:30 UTC
when goes iota to exchange?

2017, 2018, or 2019. Probably.
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Topic
Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 10/04/2017, 21:57:27 UTC
You'll be hard pressed to find any payment service that processes in less than 5 seconds. Bitcoin completely annihilates the traditional payment processors (the large credit cards, banks, etc.) in terms of settlement time. IOTA will be a few orders of magnitude improvement on even BTC.
Post
Topic
Board Altcoin Discussion
Re: What cryptocurrency is solving the scaling problem?
by
GeSh
on 30/03/2017, 21:09:14 UTC
If the long term intention of crypto-currencies is to be a primary choice for people to use instead of current financial systems (which it certainly SHOULD be, not just a speculators medium) then I wouldn't consider scaling to be solved until there is technology that can sustain > 10,000 tps....all day....every day...from the outset!

Kicking the can down the road with "Internet connections will be faster / mining more efficient / hard drives cheaper so it's not a problem right now!" isn't a solution.   That's what we did with Bitcoin and look at that shit storm now!

That 10,000 tps is the low end of the scale, and allows all the current primaries such as VISA, Mastercard, Paypal, GooglePay etc and all C2C payments to migrate.  When talking mass market, ease of use is paramount, so having multiple independent solutions that do say 1000 each isn't enough, consumers will not adopt it...it needs to be one platform ideally.

That's only the start though, with the advent of IoT, and the growth in electronic payments (VISA processing quantity is rising, MC's is too), that requirement increases further to > 25,000 tps in the next 5-10 years.  If you then include the Asian block with the volume of such things like Alipay, it exceeds 200,000+ tps.

Segwit is not a solution, LN is not a solution (LN isn't even a good one....off chain?  centralized 3rd parties?  cmon!).  Ultimately no block chain can scale to anything like that level no matter how many bags of tricks you bring without some form of centralization.

Confirmation or settlement time is paramount too, no one wants to wait around for transactions to process for long periods of time.  IMO the settlement time of a network poised to be a replacement of the incumbents needs to settle in 10 seconds or less and should be equivalent in security to at least 2 BTC confirms at present, at least for priority payments such as Point of Sale.

Fast confirmation is possible to a degree on a block chain if the size of the blocks is low, but once volume increases it becomes harder to maintain it.

If you're wondering why the above isn't possible on a block chain, simply its due to the architecture of a block chain requiring synchronicity of state at all times... therefore CAP theorem and speed of light are NOT a block chain's friend.

If you claim a block chain can do the above sufficiently, well....you're wrong.

This is the holy grail of posts on this website. No block chain will ever be able to do what people envision (as you stated so eloquently in this post).
PoW, PoS, PoW+PoS, PoI , 10 min block, 2.5 min block, 10 second block, 1 MB, 5 MB, 10 MB ... none of that matters

I have no dog in this fight, as I'm a simple observer, but check out IOTA.
www.iota.org
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Topic
Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 20/03/2017, 20:34:46 UTC
Contact David aka iotatoken.

Hello again

I have written many emails to iota support, also many messages to David
and he has never answered.
Why in the snapsot of the 2 of March 2016 appears my wallet
JXQVDPNKMEZVTZDBRFJYQELAIKJYBCAVIYBQAISXLEAMGVYEBN9NASUWINKOINBLSBGUQEKOTQC9GRK XV
https://bitcointalk.org/index.php?topic=1216479.msg14351843#msg14351843
However in the snapsot of October 3, 2016 no longer appears and neither
in the following
http://Http://pastebin.com/NdQjLWbK

What do I have to do to recover my iotas besides recommending me to
write to iota support, since they do not give life signals?



Please join the slack channel and ask there. Many people are very active and have been helping others in your situation.
http://slack.iota.org/
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Topic
Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 15/03/2017, 17:03:51 UTC
Everybody calm down. So much talk about market cap speculation. Focus more on the underlying technology than the whimsical prices that flutter on a daily basis.
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
GeSh
on 13/03/2017, 21:25:51 UTC
COMPETITION

Finally exchange! lets see which ones is iota going to be listed on?

anyone take a guess?
win 10Gi up to ???Gi if you guess it right first!
only posts below this comment on this thread counts!


competition closes when we have 5 listings or 1months from now.(which ever one is more)

you will only get one chance to play, so only your first qualifying post will count. edited posts do not count and will be void/not considered.
make a new post if you need editing and try delete the old post.
edit (only one winner per correct answer.)

this is the way its going to work;
write down in the correct order you think iota gets listed, for every order you get correct you win 5GI,
example.

1.exchange lists iota 1st
2.exchange name lists iota 2nd
3.exchange name lists iota 3rd
4.exchange name lists iota 4th
5.exchange name lists iota 5th
6.exchange name lists iota 6th
7.exchange name lists iota 7th
8.exchange name lists iota 8th
9.exchange name lists iota 9th
10.exchange name lists iota 1oth
....etc




1. Bitfinex
2. btc-e
3. Poloniex
4. Wall of Coins
5. exchangemycoins.com
6. Cex.io
7. Kraken
8. Coinbase
9. Bity
10. Bitstamp