111–120 of 171 posts
Earlier quoted context omitted.
Virtual Voting in hashgraph requires a 2/3 agreement. Of course PoW provides some protection against sybil attacks, but the reality is that with enough hashpower the network can be overtaken. (Hence why HashGraph is a closed network.)
What does POW have to do with Hashgraph? It doesn't use POW.
would we be able to tell?
Thats the kind of post we should be seeing on hackernews
IOTA is built by a bunch of technical founders who know enough about blockchain to confuse a lot of non-experts into thinking they are really smart and credible. But you will see very consistently in the cryptocurrency space that the experts refuse to endorse iota, and frequently say strongly negative things about it. They are very effective at selling snake oil, but that's all their blockchain is. The tangle that th…
IOTA is built by a bunch of technical founders who know enough about blockchain to confuse a lot of non-experts into thinking they are really smart and credible. But you will see very consistently in the cryptocurrency space that the experts refuse to endorse iota, and frequently say strongly negative things about it. They are very effective at selling snake oil, but that's all their blockchain is. The tangle that th…
Earlier quoted context omitted.
Kerl is Keccak I.E. SHA-3, the international NSA standard. They called it Kerl for fun in homage of Curl, which is still under active development with the absolute world-leading cryptographers of lightweight cryptography. Curl had to be invented to push LIGHTWEIGHT cryptography which is necessary for the Internet of Things. It's quite astonishing how much misinformation is spread around. https://blog.iota.org/iota-fo…
I am very curious about what 'LIGHTWEIGHT' cryptography is defined as. I am also dubious about anyone that claims to have 'absolute world-leading cryptographers' since many strong cryptographers are quietly employed by intelligence agencies and most others are academics. Also, since we are being pedantic, SHA-3/Keccak is an NIST standard, which is a federal agency of the United States.
So this [1] is where they announced their "partnership" (which, to me, remains obscure in nature) with Microsoft. The blog post is long and features many well-made graphs, including pictures of "Data Silos" with a pictogram of a lock on it, slogans like "Data is the new Oil" in a subsection "Crudely put, data is the new crude", the famous DIKW Pyramid (Wisdom, Knowledge, Information, Data) and, my favourite, the titl…
Everything in that blog post is very much what the rest of the industry is agreeing with. Sources backing this up is even cited in the damn blog post man.
IOTA is built by a bunch of technical founders who know enough about blockchain to confuse a lot of non-experts into thinking they are really smart and credible. But you will see very consistently in the cryptocurrency space that the experts refuse to endorse iota, and frequently say strongly negative things about it. They are very effective at selling snake oil, but that's all their blockchain is. The tangle that th…
The tangle is live right now with real transactions going on. If it's so insecure, why don't you go take as many IOTA as you please?
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The tangle is live right now with real transactions going on. If it's so insecure, why don't you go take as many IOTA as you please?
IOTA currently uses a masternode called the coordinator that verifies all transactions. The coordinator is a necessary feature until there's enough transactions to secure the tangle without out (millions per second?)
Earlier quoted context omitted.
IOTA currently uses a masternode called the coordinator that verifies all transactions. The coordinator is a necessary feature until there's enough transactions to secure the tangle without out (millions per second?)
Right, it's the training wheels until enough nodes are added to the tangle. What are they supposed to do instead?
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I do not own IOTA - thought about it some months back but decided against it because I don't fancy doing trades on or supporting Bitfinex. Another HN user swayed me away from Monero - which I owned a large part of as he told me about scaling issues. But my question is to your advice about: look to other experts. As someone coming outside the crypto-universe it is kind of hard to distill who the real experts are - so…
I'm also very interested in hearing the answer to this.
For crypto currencies is not necessarily people with deep technical insight nor is it established economists.