In Tangle we trust - 10 amazing facts about IOTA + 1000000 token giveaway (Faucet closed- Pending payouts still resuming)steemCreated with Sketch.

in #iota7 years ago (edited)

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My list includes 10 groundbreaking characteristics of IOTA and or additional info that may be helpful to you. Some points will not be mentioned today and are covered in the next blog.

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  1. The Tangle is a revolutionary new blockless distributed ledger, which is scalable.

  2. It allows for value transfer without any fees.

  3. Instead of blocks that hold multiple transactions, each transaction is another node in the graph above.

  4. True micro and even nano-transactions are enabled, due to the unique IOTA Tangle architecture, providing developers with a brand new set of tools for their applications in both IoT and Web.

  5. The IOTA protocol uses the curl and kerl hashes.

  6. A core feature of IOTA is the ability to transfer data through the Tangle. Allowing authenticated communication channels between devices. All data which is transferred through IOTA is fully authenticated and tamper-proof - making attacks impossible.

  7. MAM enables nodes to exchange data through the Tangle, fully authenticated and encrypted. This means that your devices can transmit valuable and sensitive data with quantum-proof security through the Tangle, ready to be analyzed. MAM makes it possible to share data with multiple parties easily, similar to a radio, multiple parties can simply tune in on your frequency and get the broadcast data.

  8. Under current tests the network can already handle between 500-800 tps. With more adoption of the tangle, the tps also increases. The ceiling upward is unlimited.

  9. IOTA has partnered with many big players to further real world adoption. Some of them include: Cisco, Miscosoft, Bosh, MedTech, Satoshipay and many more.

  10. The IOTA token supply is only 33% bigger than there are BTC satoshis. The cryptocurrency for the IOT is traded in Megaiota. 1 Megaiota equals 1000000 Iotas.

Giveaway:

  1. Upvote & Resteem

  2. Comment something IOTA related (A simple IOTA is cool is not enough;)

  3. Post a valid address (Freshly attached/generated)

The 20 best comments will receive 50000 tokens each.

Claiming period is now over. Payouts are resuming very soon upon confirmation by network (upgrade)

Note: Due to the recent protocol upgrade you need to download the latest wallet release: https://github.com/iotaledger/wallet/releases This will require you to transition your previous balance to a new seed if you are running the lightnode. Full-nodes please read the full announcement on slack. The instructions are more detailed for you.

Iotaforall

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Iotaforall Channel Donations:

BJCTAIFROBPJCKBLOOSPVTHVKOTKUDOMNGA9CPINXFUCGNJYOCQWLIS9RZQVJO9JZXANXRVNHVMIUBN9AURPKPNXMW

Image sources: https://goo.gl/eb6qao
Information sources: http://iota.org/

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Ich geb dir mal ein 100% Upvote. Ich bin auch ein großer Iota Fan und Supporter seit Anfang des Jahres. Hab Iota nich über slack gekauft und bin wirklich gespannt was an real life Applikationen noch so kommt. Schreib doch auch mal auf deutsch was unter #deutsch - bin mir sicher deine Steemit posts bekommen da mehr Zuspruch, interessante Kommentare und neue echte Follower ;)

Vielen Dank für deinem lieben Post. Ich würde gerne mehr auf deutsch schreiben. Werde das auch die nächsten Tagen mal versuchen. Leider ist mein geschriebenes Deutsch nicht so gut wie mein Englisch aber ich werds versuchen;) Freut mich dich kennenzulernen:)

Teste es einfach mal - #deutsch - Dein deutsch ist super =)

Best wallet for android?

there is only one andriod Iota wallet which was designed by the community. If you are starting out i suggest you try the desktop wallet to test everything out. The link is in the post:)

agree with @steemhoops99 always use a desktop client if possible. Mobile wallets = bad security

Iota has some great features that really make it stand out. Also the continuous talks with manufacturers and other businesses on actual implementation of 'Internet of Things' applications make iota a very attractive investment. The price is also improving lately with plenty of room for more.

Can't go wrong with iota.

CVKHGYBXC9FW9IVLSKTH9NWONWRZLUFUHEVOMQLTZSNPYD9ITCBCYNXPVYJMLKVTLUIIJ9XER9ZDOMKH9CDXKVCGVC

On point as always @wekkel Sending Iota now

im getting checksum error for your address. You need to upgrade wallet or generate a fresh address:)

Will do (will be after 20 August though...)

no worries write me then i will remember:)

Would this address work?
CVKHGYBXC9FW9IVLSKTH9NWONWRZLUFUHEVOMQLTZSNPYD9ITCBCYNXPVYJMLKVTLUIIJ9XER9ZDOMKH9CDXKVCGVC

still getting checksum error. Must be your wallet or address. Please give me a fresh address

a fresh address: SCJUEZLNPXJLPHTBOYDFQPVZNEOZLBRPOJRJT9OTQAGORNVHEMZNCDNAUJRRJU9TZHEDQBFKCDCHYIHFY9ELYCSRCC

It might be good to point to all IOTA wallets so that people can generate their first IOTA address.

I personally like using the Android Wallet since it's so user friendly.

EJTJLHLSHOK9MBHLIMMYSZDPIU9DMWTOEGDROMHHCMMAFRIOTIFGUPQBTLFHOMTTGJPMYCQAPEGDULANADYRWDVXEG

Very good suggestion @beordo. This post is simply about 10 things that are gamechanging/interesting about IOTA. This is not a wallet guide or step by step set up. Although I agree with you about the options that one has. In the end it is personal preference:) sending Iota now

your address is showing checksum error. Pleas download the latest wallet release and or generate a fresh address

Installed the GUI Desktop Wallet, so I hope that it will work now :)

AXVBVV9ZGNWOJHCSPOVDAGNJYBQUDFDQZVQFXHY9SIPNGOYH9MDCFSJTBNBOSP9VZS9QERCJUYPDUICEDULERICRGC

(or address with checksum, generated by http://www.iota.cool AXVBVV9ZGNWOJHCSPOVDAGNJYBQUDFDQZVQFXHY9SIPNGOYH9MDCFSJTBNBOSP9VZS9QERCJUYPDUICEDULERICRGC)

Sent :) might take a bit to confirm. The network is not approving the last 4 transactions this is due to upgrade. Will eventuallyScreenshot (87).png

I like that IOTA has zero send/receive fees. I like that IOTA has a different structure than other cryptocurrencies with their tangle approach. I believe in competition and the best ideas winning.

I don't like that for people with just iPhones and no desktops, it's a little tough to use IOTA right now. I hope that gets fixed in the future.

IYGAHKDNMOYQOFTHDWIA9HMGLBMHG9XO9GRXP9YMQKNQWPNRPZLCPRXSSLANQXQKFWTGNKQITEAZJKAFQKTQF9WGPZ

Very nice points m8. The recent upgrade and the ones following will bring a lot of improvement for the average user. Have you used the new gui yet? The attach function and cpu work needed seems to be reduced. Very smooth currently:)

m8 it shows me checksum error for your address. Have you read my post? you need to upgrade wallet and attacvh a fresh address:)

OK. Here is my receive address:

AIBHDUKKNPJTQMHFMONQBSSTGZUAKVCRGHOQCDQKUASBKJHWCUEXTLHMIOXIHXOMEXILBIQXUESOOCTZAMAJMLVYXY

I was able to download the new 2.4 wallet and transition.

I know IOTA is new and everything, but, this was way too complicated.

Iota, what can we say. This is truly the future, the only real competitors to VISA debit. Who can say no to absolutely zero transaction fees?
Power back to the people.
I'll be holding IOTA in my wallet for years to come! Guaranteed!! This coin will soon be the top 20. Mark my words!! Innovation ground breaking undervalued coin.

FKHKTZAUMOJQISGCGXEYIOUS9ZGMLGADRWMTQMUDLAVYGTHDUQDIJSAZFKSTTNEKJOSKAYISLTTR9OEKAVJGFPHEUC

I've bought a few IOTA and recommended IOTA to lots of people from lots of communities. I really hope we get the name out there!

I've been watching IOTA before it dropped on Bitfinex. I bought it the day it came out and even though it dropped I never lost faith or sold because IOTA is the future!!!

Just ask Satoshi Pay!!!

https://medium.com/@SatoshiPay/satoshipay-phases-out-bitcoin-partners-with-iota-foundation-b7927b76a63d

Thank you IOTA!!!

WGAEDROPIOFQUOBVWXZYWIJLYHE9FOPFTMKWLEMFZYZQOVPF9TWAFHIH9MJPUWZCTFTOFHWQHCJWPRBLD

Love this. Completely agree @macvaughn.

@steemhoops99

I can also post this to all my FB, Telegram and slack channels. It'll be all over the place within hours. ❤️

you are the man. Let spread the knowledge to everyone. Ps: pls link a freshly generated(attached adress) im getting checksum error. Is your wallet updated?

@steemhoops99

YEXEYVSCZDFVTR9GEGECGMIIWKRMDETHKDJNIFLCOEANIUTXPIZOIVAA9LUMAWGZHAJUMPHQQMZEEXQSYTLJGGZMBD

THANK YOU!!! 🔮🙏🏻

GOT EM!! <3 - Forever grateful.

I can't thank you enough. Feeling blessed and excited about the future of this technology. I posted this to all my big FB groups. LOADS of new and continued interest. Working my telegram channels now. Should see some traffic ... :)

Your very welcome:) it might take a bit until approved because of network upgrade Screenshot (86).png

yes i knw there are 4 pending transactions from that day. When i reattach it shows invalid hash. Something with the network currently:( if it doesnt approve today or tomorrow i will send again:)

Did the latest one work brother? ( YEXEYVSCZDFVTR9GEGECGMIIWKRMDETHKDJNIFLCOEANIUTXPIZOIVAA9LUMAWGZHAJUMPHQQMZEEXQSYTLJGGZMBD )

@macvaughn It is good that you bought Iota and held them. Very wise decision. We are the future:)

I've started posting this link in all my FB groups regardless of reward because I believe in IOTA and wish for its success. Good luck IOTA!!

Hi there. Upvote & Resteem done^^

Scalable, 0 fee, fast? Woow.. We will witness amazing things related to Iota. It is the best of its kind.
I invested in Iota - I plan to look at my investment again in a years time. Do you know why? Cause Iota is the most promising product among all. Even developers can't fully imagine how it will change the future for the better.

Thank YOU - the Iota team for the incredible product which continues to get better and better!

OJJELYWHLUUTDQDFFZNOTUGLZPEQRRDJZXLLJKLOCYWWXSYGTXWOWXSFQHITVRQCHPRUZDXRUHOFDFCDDYYDZFAUBC

You are getting the full picture:) love it. A lot of people will be late to this amazing technology and I'm sorry for them. That's why I try to reach as many people as possible here. Please stop by next week a bit sooner so I can send you some tokens. Much appreciated

With 50 billion connected devices by 2020,

10 million self-driving cars by 2020,

7 million drones in the US alone,

IOTA will play an important role in our lives !

MJMBBOATTXJFQWEHFEGBAHHGBXSTGGSGTDKCXKRWSW9OQHNYRXTFW9QQGCOAUWXSFODH9ESNA9MVJQGQ9ME9SILT9W

Absolutely @the22mero Thanks for the great comment. The faucet is unfortunately closed already. Please come a little sooner next week. Cheers brother

The

The faucet It's 50 000 Miota or Iotas ?

50.000 iotas:) 50.000 miotas are currently worth around 60 thousand dollars^^

IOTA is one of my top favorite projects in this evolving space of distributed technologies.

The architecture (especially the blockless ledger, and quantum-proof security) is paradigm changing, and potentially disruptive perhaps even to other blockchain technologies (even Bitcoin?)

Beyond the innovative technical design of IOTA, the project also has a lot going for it in project organization, promotion, and implementation strategy. I appreciate the way IOTA developed quietly and with quality behind the scenes, then instantly announced itself on Bitfinex one morning (to most people's utter surprise)! Since then, IOTA has consistently continued to forge key partnerships with major businesses and universities. Clearly, there are some very intelligent and ambitious people working behind IOTA, and I can see IOTA becoming a huge presence in the near and far term future of a rapidly emerging human-machine civilization.

FAFMBXDRINIKNUYQOIPALAKYELAXZJZEABKCHZARSYTIDBWFRCZXFSQSPRWASKUUSJ9GFDOCLMW9PAASWVHEDHUSXX

Love your post. Sending you Iotas:) hope the last 4 unconfirmed went through. Network is a bit frustrating since the upgrade:)

Thanks @steemhoops99

Not sure if the transaction came thru, says "pending" (after 2 days). Balance is the same, and transaction amount shows "0". Is that because the balance is measured in Miota, and number is rounded to Miota? Just trying to understand ...