/biz/ - Business & Finance

>>54320608
I still have a bag of this fucking shit.

it was a good idea, but too difficult to implement so it failed

>>54320656
And please tell me what this shitcoin was going to do that set itself apart from the other 5k shitcoins

>>54320672
> m2m machine to machine economy

>>54320608
First coin i ever got, good memories...also got some nice gains. But still its just a shitcoin

>>54320608
Yes i fucking remember. I remember i couldnt dump at ATH in 2017 because muh tangle is a tangled piece of shit. Couldnt send a tx for over a month.

>>54320672
Solve the trilemma

>>54320608
Great reminder that if something uses a "temporary central coordinator", it's retarded. I am referring to Arbitrum.

who 'members scrambling to sign up for some dogshit exchange because it was the only one that listed IOTA?
Same happened with the pajeetcoin Obsidian

>>54320608
Apparently it is still active and even has alt coins now

>>54320656
>it was a good idea
no, it was one of the worst ideas of all time
iot already works fine, and introducing external complexity to it would be a total fucking disaster
iota was a dunning kruger test for people who didn't bother to read the first thing about IOT

>>54323272
the difference between some DAG that uses a central node for consensus and a roll up are night and day
arbitrum only has training wheels because they're scared of bugs with the fraud proofs
but there are already projects with those in place up and running
so it's a matter of time for arb and op

idiota is not only executed by a bunch of retards, the entire premise is flawed from the get-go
cherry on top is having some sóyboy savior complex/ god complex founder with a hardcore schizophrenic (legitimately schizo, not just buzzword schizo) co-founder that hallucinates his own capabilities, then sues the company because his ego will not allow this humiliation

So is IOTA good or bad? Is it better than Hedera?

>>54320747
>>54323233
>my shitcoin invented new word to solve
Cool, buy chainlink because oracle nodes or something

>>54320608
Peperridge farm 'members
>ternary logic

>>54323563
>Has no clue what the trilemma is.
>Shills link
I'm not surprised.

>>54324603
My post was obviously anti link
>doesn't know what my made up term means
Yes.

>>54324617
Trilemma is common to all crypto and widely discussed. It's the problem of making a blockchain that is scalable, secure, and decentralized. So far, you can only get 2 of 3 max, e.g., Bitcoin (secure & decentralized), IOTA (scalable & secure but centralized). Eventually, if IOTA manages to remove the coordinator, it'd be the first system to achieve all three goals.

>>54325296
>Eventually, if IOTA manages to remove the coordinator
It's been over five years at this point and they still haven't removed it right?

>>54320608
I interviewed with them. real cunts about IP.

At this point it's like why dont they just fucking do something. People shit on link but it has multiple working products and enabled defi to exist

>>54320608
Yes I do remember it and 100 other shitcoins like ICON, NEO, ARK, KOMODO, EOS etc. That was the 2017 shitcoin bunch. But I remember even further back to 2013 shitcoins, Feathercoin, Namecoin, Peercoin etc. Never marry altcoin bags.

>>54325296
It's funny cuz I google the word trilemma and everything related is march 2023
Sounds like a made up word to me bro

>NOOO ITS NOT MADE UP DICTIONARY IS JUST SLOW

You now remember their smart refugee cities grift

>>54325889
2019 article, first page of google
https://medium.com/certik/the-blockchain-trilemma-decentralized-scalable-and-secure-e9d8c41a87b3

>>54320608
back when we thought crypto actually did something useful lol

>>54325979
haha what

>>54320656
This.
IOTA required 170 IQ to fully comprehend what it was capable of. Its developers sadly were only 150 IQ.

so its a shitcoin? Wuz going to invest in it

>>54326012
And iota was releases in 2019. You see my point yet retard?

>>54320608
good thing i sold every single penny of that shit to buy HAMI...
Saved my ass so hard, thanks sushi coin for being a good DeFi

>>54328254
iota was released in 2017

>>54320608
Yeah I was sold on the premise. Implementation and actual science needed didn't pan out. Dedication. Teambuilding. It takes a business to structure it but also not just the will of a few founders to poach coders in. Good lesson for me.

Thank god i shifted to aleph zero

>>54329360
aleph zero bro, gmi

>>54320608
kek many such cases. looking at you vetgang

>>54320608
literally my first alt coin. Good times

>>54320608
It was the hype automn 2017. I dumped the bags when the network went offline for a few days something like 2-3 years ago. A crypto that goes offline is not a crypto.

>>54320608
>1 post by this ID
Why did you made this thread?

>>54320608
I bought this. And Neo. And Lisk. And Komodo. And XEM. And just fuck my shit up, imagine how many LINK I could have right now if I had just gone all-in on fucking LINK

Very long thread full of Reddit midwits. Iota really was peak Reddit….some still think it can work without being centralized. Makes you think.

>>54330815
HBAR and Link give me IOTA vibes

>muh partnerships
>muh tech
total memes

>>54320608
>Tangle

>>54330781

>>54320608

>>54332957

>>54325979
didn't this guy say he hoped investors lost all their money?

>>54325979
ThanKs anon, I’ll never give those nigger lovers a single dime

>>54320617
I had 122Gi at one point.. missed out on some hefty gains, sold at .48
Now I'm left with 5.5Gi and some useless SMR and ASMB tokens. What a fagshow

>>54333850
even worse off than holding waves hahahaha at least waves had a massive exit pump