![]() ![]() ![]() There are some upcoming solutions that will bring the user-experience to a new level, The UCL Wallet (expected to be released at this month, will talk about that soon and how it will help the network) and the Nelson CarrIOTA (this week) besides the official implementations to come in december. You can learn more about how IOTA works here. Do not buy iota if you haven't read about the technology, there is a high chance of you losing your tokens because of various reasons and it will be your own fault. It's necessary to understand that the technology envolved is relative new and still in early development. The network seems to be fine and it scales, but the steps an user has to make/know are not friendly-user at all. Also, you need to verify that the minimum weight magnitude (difficulty of the Hashcash Proof of Work) is set to 14 at least. If you are a light-node user and is experiencing slow transactions you need to manually select other node to get a better performance. The full-node which is being used can't handle all the requested transactions by the light-nodes because of its brandwidth. What happens at the moment is that there are few full-nodes, but more important than that is: the majority of users are connected to the same full-node basically. The full-node acts like a bridge for a light-node user, the quantity of transactions at the same time that a full-node can push to the tangle is limited by its brandwidth. An arbitrary user can set a light-node (do not store all transactions, therefore a reduced size), but as it does not stores all transactions and can't decide if there are conflicting transactions (and other stuff) it needs to connect to a full-node (bitifinex node for example) and then request for the full-node to send a transaction to the tangle. The network is composed by full-nodes (stores all transactions), each full-node is capable of sending transactions direct to the tangle. This is not entirely true, that's why we are seeing the network getting congested (pending transactions) at the moment (12/2017). Many users claim that the network infinitely scales, that with more transactions on the network the faster it gets. #Iota reddit review code#Core code written in ternary (is this a con?).Not user-friendly yet ( address reuse, reattach, snapshots).Extending offices across the world ( Berlin, Oslo, Chicago, Singapore).Non-profit entity recognised by the german govern.The pros and cons that I heard a lot is listed below, I'll discuss the items marked with *. Before that I'll contribute with what I know, most things that I will say will have a source link providing some base content. I would like to start a serious discussion about IOTA and help people to get into it. In the past weeks I heard a lot pros and cons about IOTA, many of them I believe were not true (I'll explain better). r/CryptoCurrencyMemes r/CryptoCurrency_Tech r/CryptoMarkets r/CryptoRecruiting r/Best_of_Crypto r/BitcoinMarkets r/BitcoinMining r/CryptoTrade r/Ethfinance r/EthTrader r/Jobs4Crypto r/Liberland r/NFT r/OpenBazaar r/GPUmining Mastering Ethereum (Open Source book) Exchanges IBM's ZeroToBlockchain (Free learning resources) ![]() See our Expanded Rules page for more detailsĬoinMarketCap (Cryptocurrency market cap info)ġ0k.pizza (Portfolio tracking.See our Expanded Rules page for more details about this rule.This includes "PM for referral", asking for referral codes or links, and linking to sites used solely for referral links. Rule #2.10 - Posting referral, promo links, or codes of any kind is strictly prohibited and will be met with a long-term or permanent ban.See our Expanded Rules wiki page for more details about this rule.If you meet our requirements and want custom flair, click here. Please make quality contributions and follow the rules for posting. This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. Be nice to each other! r/CryptoCurrency is a welcoming place for all people and all cryptocurrencies. ![]()
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