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Showing 20 of 120 results by luey
Post
Topic
Board Altcoin Discussion
Re: Theymos's list of altcoins with some technical merit
by
luey
on 17/08/2017, 00:06:47 UTC
How big is your mining farm?  Wink
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
luey
on 06/08/2017, 20:37:37 UTC
is there any way to solve this little issue? or by design is something impossible to change and will always be like that

It is an interesting question. Does somebody know the answer?

It is not a new question, and it has already been answered many times before. It is recommended to change address everytime and the wallet does that automatically, but addresses do not expire.

Thank you for your answer. We know that addresses do not expire and that they only become less secure. This makes iota less usable in many real world situations. No way to solve this?

explain "less usable in many real world situations"

the address are deterministic, any program can generate iota addresses and automatically switch to new addresses once the address has been used to send out.
Post
Topic
Board Speculation (Altcoins)
Re: Which will be the next $10bn coin? Litecoin, NEM, Dash or other...
by
luey
on 03/08/2017, 03:46:59 UTC
IOTA because:

The "Tangle" allows for zero fee transactions earthwide (micro & even nano payments)
Tangle architecture superior to blockchain
Extremely fast transactions (nearly instant)
Network gets faster with more users (Unlimited ceiling - already faster than Paypal,Bitcoin, Dash, ETH..etc)
Decentralized (Optional operator, which will be removed soon, when network can selfsustain)
Scales for the IoT (M2M transactions)
No miners & no third parties
Fair token distribution
Very limited supply of tokens (comparable to btc satoshi)
Quantum secure (Immutable)
Interoperability
Pushing real world adoption
Strong community (13.000+ active members on slack alone)
Iota Alliance (Amazing group of developers & highly qualified scientists)
David Sonstebo, Dominik Schiener, Come from Beyond, Serguei Popov (Founders and genius behind Iota)
Recent Partnerships (Ubuntu, Cisco, Microsoft, Medtech, Huawei, Bosch, Alpha, IBM, Gnosis, Luxoft, F6S, Satoshipay, Filament, Medtech, Slock.it, Foxxconn, IDEO, Harward Medical School, Procivis, Berkely, Seedlab, Mooti and many more.

THIS ^

let me fix this part Very limited supply of tokens
it is a non-inflationary token but there may be stock split which is not same as inflationary. (main purpose for stock split is to better focus on machine 2 machine automation + nano transactions)
stock split means to give a certain % increase to all accounts/holders and everyone will receive exact equal portions in %, which means it will not effect the price of your holdings.
what it will mean is that you/machines can spend 0.0000000000000000000000000000000000000000000001 cent of value (subject to the total % of stock split) . ultra nano tx.
Post
Topic
Board Altcoin Discussion
Re: IOTA manual claims tracker (UNOFFICIAL)
by
luey
on 21/07/2017, 16:06:32 UTC
Quote
The reclaiming period is over. Unfortunately, Jean-Luc abused the advantage given by his anonymity. Unlike thousands of trolls on this forum his words can harm the reputation of IOTA, he offered to solve the issue of the reclaims via legal mechanisms. To play on the same level IOTA team needs his legal identity. If he doesn't provide the identity voluntary doing a rigorous KYC procedure for the all the claimants is the only way to narrow the search down. I'm preparing a suggestion which will be handed over to David. To complete it I need answers to the following questions:

- Is Jean-Luc willing to disclose his identity (not publicly)?
- Is anyone having problem with doing a videocall with me (an ID and a proof of physical address like utility bills should be prepared in advance)?



Guys, validate your identity with iota, it's not like they are going to share your identities publicly (unless legally have to, might be the case with Jean-Luc). If you chose to sue iota you'll end up having to ID yourselves anyway, so save some troubles, just do it and claim your tokens.
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
luey
on 08/07/2017, 12:03:17 UTC
DROP PARTY STARTING!!
Head to https://slack.iota.org #speculation channel to participate!






The first trial of IOTA drop party has completed with success, looking for more participants to join this time!
100Mi was taken.

This is how it will work.

1.Learn to use the wallet and try your luck!
2.Head into iota main slack https://slack.iota.org if you have not signed up, then get into the #speculations channel.

*Next IOTA DROP PARTY event starts after 12pm utc time.*
so stay tuned!

RACE FOR CONFIRMATION - IOTA DROP PARTY
1.Have a receiving iota address ready!
2.I will post a seed containing 100Mi and one with *1Gi* (and maybe more small batches if enough people is around to participate)
3.Send the balance out to your own address
4.The lucky guy will have his send confirmed first by the network!

EDIT:TOTAL DROP FOR THIS EVENT WILL BE Up to 10GI IF enough people is around!!
*min drop of 100Mi per seed.

Will make continue with more events like this in future, maybe monthly, depending on the success and fun we get.
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
luey
on 08/07/2017, 05:18:39 UTC
The first trial of IOTA drop party has completed with success, looking for more participants to join this time!
100Mi was taken.

This is how it will work.

1.Learn to use the wallet and try your luck!
2.Head into iota main slack https://slack.iota.org if you have not signed up, then get into the #speculations channel.

*Next IOTA DROP PARTY event starts after 12pm utc time.*
so stay tuned!

RACE FOR CONFIRMATION - IOTA DROP PARTY
1.Have a receiving iota address ready!
2.I will post a seed containing 100Mi and one with *1Gi* (and maybe more small batches if enough people is around to participate)
3.Send the balance out to your own address
4.The lucky guy will have his send confirmed first by the network!

EDIT:TOTAL DROP FOR THIS EVENT WILL BE Up to 10GI IF enough people is around!!
*min drop of 100Mi per seed.

Will make continue with more events like this in future, maybe monthly, depending on the success and fun we get.
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
luey
on 07/07/2017, 15:02:59 UTC
Hi all, just joined iota slack and love the project! However, can't participate by buying in, because bitfinex won't allow U.S. participation. How soon before other exchanges (i.e. Bittrex, Novaexchange, Livecoin ect)? thanks

http://iotaexchange.com/#details

ask for invite to YDX on https://slack.iota.org
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ADX]*NEW* AdEx Network - Decentralized Ad Exchange
by
luey
on 06/07/2017, 11:42:34 UTC
How does Adex compare to BAT?
Would they be considered serious competitions?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ADX]*NEW* AdEx Network - Decentralized Ad Exchange
by
luey
on 05/07/2017, 12:14:17 UTC
Do not buy now
why? do you have any concerned or any thing against thus project? just happy to be part of the team and I'm looking forward to see how it will take
after being added to other exchange, good luck team.
I am not so sure if the guy is against the project, it looks like he feels that the coin will dump because the price received a pump that lead the coin to get over a 100% price increase.

I am not going to get in now either because the coin could get to a lower price and that is when I may get in to hope that the price will pump up again.

There is no 100% increase?

It's barely above ICO price right now AFAIK.
Post
Topic
Board Speculation (Altcoins)
Re: [ADX] AdEx ICO Speculation
by
luey
on 05/07/2017, 02:17:05 UTC
Still wonder what's happening in HitBTC. ADX being trade there at approx. 6x ICO price.

When I see 4x ICO price there yesterday, I think it will go down as the volume increase. The volume actually increased, but instead of going down, the price went up drastically.  Grin

I would seriously stay away from HitBTC, ADX has fking released for so many days and all they still got is
"Please note that ADX is an IOU for future issued token. Until the blockchain is released withdrawals and deposits are unavailable. Please accept our apologies for the inconvenience."

They are fully manipulating all IOU's. Look at the ridiculus pricings is has for IOUs especially during the beginings.

if im wrong correct me by letting me know how their IOU works.
Post
Topic
Board Speculation (Altcoins)
Re: [ADX] AdEx ICO Speculation
by
luey
on 05/07/2017, 01:21:58 UTC
Interesting project, I invested ~1btc, lets see how this works out.
In the real world, everything is about advertising, advertising is big money, but not sure how well would this catch on, hence the risks.





Quote
There was a mega dump in the price of AdEx since it hit the exchanges and it went down by 100% in a short period of time and i do think that the team is behind the initial dump rather than the investors or the bounty hunters,there are many advertisement based crowd funds recently and lets see who will reign the market.

^ This does not mean anything, almost every first few tokens of any crypto gets sold on the exchange are hugely different value to when market calms.
Think about ZCash, that was the craziest one of all and with huuuuuuge volume+crazy pricings at the millions of dollars per coin right from the start.
many people got burnt but that's the risk they get for hyping/trading the first bunch of coins on exchange.

A good example of "possible" manipulation on first release is when you have huge volume, not when you have no volume. manipulations dont work with zero volume.
Think of EOS, collaborating with Yunbi and Yunbi has the biggest volume and biggest pump. Very possible that the owners are pumping it with the money that they will get from ICO, that Dan guy is f*cking smart at this shady shit, from bitshares to steemit now on to EOS. look back in the history, same greed tactic shit again and again.
He is getting away with it because his tech is actually good. but he sure is one of the top greedy name in crypto sphere.
Post
Topic
Board 대체코인 Alt Coins (한국어)
Re: IOTA
by
luey
on 04/07/2017, 11:01:46 UTC
IOTA Home Page            https://iota.org

IOTA Forum                    https://forum.iota.org
IOTA Blog                       https://blog.iota.org
IOTA Slack                     http://slack.iota.org (#korean channel available)
IOTA on Bitcointalk            https://bitcointalk.org/index.php?topic=1216479.0
Reddit                            https://www.reddit.com/r/Iota/
Twitter                            https://twitter.com/iotatoken
IOTA Guides                       http://iotasupport.com

Developer Hub                   https://dev.iota.org
IOTA Wallet                     https://github.com/iotaledger/wallet/releases
Android Wallet                   http://iotawallet.info
Github Source Code           https://github.com/iotaledger
Dev tutorials                    https://learn.iota.org
Whitepaper                    https://iota.org/IOTA_Whitepaper.pdf

Coinmarketcap                    https://coinmarketcap.com/currencies/iota/

Bitfinex Exchange               https://www.bitfinex.com
Coinspot Exchange             https://www.coinspot.com.au
YDX Escrow Exchange         http://www.iotaexchange.com

Explorer 01                        http://iota.cool
Explorer 02                        http://iota.tips

IOTA News Feed                 http://iota.news
IOTA News Feed China        http://iotachina.com
Post
Topic
Board 대체코인 Alt Coins (한국어)
IOTA
by
luey
on 04/07/2017, 10:29:41 UTC
http://blog.naver.com/iotakorea
http://m.blog.naver.com/iotakorea/221036510981
https://m.blog.naver.com/PostList.nhn?blogId=iotakorea&categoryNo=1


IOTA - 확장 가능한 3세대 암호화폐

Slack을 통해서 더 많은 정보를 알아볼 수 있습니다. 개인지갑 사용법을 익힌 분들께는 20Mi IOTA코인(약\10,000)을 증정합니다.
[https://slack.iota.org]에 가입하신 후 한국어 채널인 #korean으로 찾아오셔서 IOTA 사용법을 배우세요.
이미 10,000명이 넘는 유저들이 있으며 매일 증가하고 있습니다.


https://www.youtube.com/watch?v=j6EPdNb-K8Y (한국어 자막 사용)
https://www.youtube.com/watch?v=1ZbwP056eqA
https://www.youtube.com/watch?v=ON12lAtHt40
https://www.youtube.com/watch?v=n5sEevHBLN8 (한국어 자막 사용)
Post
Topic
Board Altcoin Discussion
Re: Is any crypto truly scalable to a global scale? BTC, ETH, IOTA, DCR, PIVX...?
by
luey
on 04/07/2017, 00:29:13 UTC
Currently they can't. From IOTA #tanglemath channel I've received an answer similar to this:

Tiny IOT devices like temperature sensors will connect to a proxy node and send the data. The proxy node will take the data and create a TX by doing the POW.
At a later time the sensors will be able to generate the POW themselves by using the JINN processor. This will be a trinary processor with extremely low power usage. Apparently they work since 2 years on that hardware, with CFB/BCNext as the chief architect.
Also remember IOTA is not a decentralized cryptocurrency.

Currently, and since 2 years back, the PoW done on the permissioned network is for illusion of security and marketing. It is the central authority called Coordinator node, which determines the state and consensus.

To be on topic: No coin can do what you ask of today, the most promising is Byteball.

This is not true. The coordinator is an optional component. You can configure your node to be part of the network without the coordinator. At the moment nobody is doing it, but it would be possible at any time. If done the network would work without the coordinator, but be suspensible to a 34% attack, just like BTC and ETH are today (51% is an urban legend).

I don't think Byteball is promising. Byteball is basically a clone of IOTA (the author says IOTA inspired him) with added fees, minus the coordinator, minus oracles, minus trinary math, minus the JINN processor, minus a scientific nonprofit foundation.
Without the coordinator being active on the IOTA network today, it is not secured by the PoW done by the nodes.

Simple reason why nobody is deactivating that optional feature. Nobody wants to be the first to loose their money.

Buy some more snake oil, for sure.

Man you are full of it, you are damaging yourself and byteball by continuously trolling like you've done.
I also praise byteball with it's own Pros, and Tony definitely is a coding machine, but you need to stop this bullshit.

Why don't you put both side of the stories out and let people compare themselves.
what about the current situation with the witness counts? they majority mostly belongs to someone?Huh
and what about all the current non-distributed coins??? someone is holding them still???

Your an ass, crypto is new and it needs some guidance and bootstrapping in the beginning,
sometimes centralized nurture is the most efficient way. iota has done it as decentralised(probably the most decentralized) manner as possible.
before you go bashing others, provide your own flaws to not end up sounding like a hypocrite.
Post
Topic
Board Speculation (Altcoins)
Re: [ADX] AdEx ICO Speculation
by
luey
on 03/07/2017, 03:04:19 UTC
Idk much about this HitBTC exchange, but it is already trading for approx $.96 cents per ADX

4x ICO price

https://hitbtc.com/exchange/ADX-to-ETH

hitBTC is full of shit or maybe i dont know how they work, BUT the way i see it, every fking "IOU" is a rip off on their exchange.

their iou has been there for long time already even real coin is listed few days but its still unavailable for deposit over there and price has dropped. some serious illegal manipulations their exchange is doing.
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
luey
on 21/06/2017, 17:31:54 UTC
Please don't understand wrong. I'm not Eric. I want to be informed by you about the truth. It's my right behaviour and please avoid to write in that way. We are not under a dictatorship, in freedom WE HAVE TO UNDERSTAND ALL!

If there is a problem please NOT invite them hidding things and concerns. For your information WE have money gained by our jobs, saved by a lot of sacrifice and we don't like to play at a Casino roulette. Do you agree?

So please explain and please do not make a wall towards users writing here, noone amis to waiste time and move on... all right!?!

About the link:
Here it is:

https://medium.com/@ercwl/hello-david-b77bbc62c457

I forgot the link too - https://medium.com/@DavidSonstebo/co-founder-sergeys-response-2bd9284e523e

PS: At this point the guy's reputation is ruined, he will cry in different medias for some time and will find another work. It's not the first time I meet such a guy. Unfortunately, some bloggers can't find a good way to monetize their job so they sell their body to the highest bidder.


The more that they try to attack IOTA, the more it will become stronger and the more they will become jealous. I expect IOTA will be on top 3 sooner or later.


"First they ignore you, then they laugh at you, then they fight you, then you win”
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
luey
on 21/06/2017, 17:26:08 UTC
Ok, I bought in. Got myself a stash of IOTA and ready to move my coins off Bitfinex. I installed the wallet just fine in Ubuntu. But I got stuck with the setup. I'm on mobile and would like it if anyone could kindly point me to the next step. Thanks.

Go get your ass on the slack for help. its hard to help someone on a forum when they require live chatting.

slack.iota.org
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
luey
on 21/06/2017, 17:16:29 UTC
what ico is currently using IOTA or will use IOTA?


It was already over back in Dec 2015, how else did it reach a billion in market cap
(exchange was delayed because the founder did not want to speculate money into traders pockets who only cared for quick profit, instead he focused on the tech/corporate contacts and real world uses)

it's been traded and growing for more than a year.
https://bitcointalk.org/index.php?topic=1262688.0
https://medium.com/@IngoFiedler_96862/the-distribution-of-iota-tokens-dc70ea49b148
https://medium.com/@IngoFiedler_96862/iota-an-update-on-token-distribution-and-exchange-launch-ee3e56bd0d32
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
luey
on 21/06/2017, 17:11:56 UTC
Is IOTA and Byteball built on the same concept?

Inner workings are different. Different type/algo of "Dag"