[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 45 KB, 1024x642, Charles-Hoskinson-in-Hong-Kong-on-the-Future-of-Cardano.jpg [View same] [iqdb] [saucenao] [google]
30197456 No.30197456 [Reply] [Original]

>yfw you bought ADA and read IOTA smart contract specs

>Feeless smart contracts!
>Scalable, no network congestion
>Each smart contract is a "Blockchain on top of the Tangle"
>Mint your own tokens withing your SC! You can build a fully functional ETH on the Tangle!
>Mint NFTs and Digital Assets (also feeless!)
>Run the smart contract in a trusted environment (for free) or pay others to run it decentralized (base-layer feeless, node-service can be offered by anyone)

Guys, the Etherium-killer has arrived. Cant get cheaper than feeless. Cant scale better than L2 on top of the Tangle. Cant have more functions than being Turing-complete.

https://blog.iota.org/iota-smart-contracts-protocol-alpha-release/

>> No.30197593

Forgot all about IOTA.
People still working on that piece of shit?

>> No.30197632

>>30197456
HAHAHA CAN'T WAIT TO SEE CHARLES FACE WHEN HE SEES THIS

>> No.30197713

>>30197456
>hey guys it’s free, scalable, decentralized and unlimited
yeah? and who is gonna pay for tx validation and storage?

>> No.30197830

>>30197456
>>30197593
>>30197632
>>30197713
ALL HAIL THE MONEY WORM!

See a visualization of the Chryssalis network here:
>https://explorer.iota.org/chrysalis/visualizer/
ITS FUCKING HAPPENING MASSIVE SELL WALLS GETTING SLAUGHTERED

>> No.30197994

>>30197713
IOTA leverages game-theory to omit miners. Nodes accumulate Mana (=reputation) by validating transactions. And they need Mana for prime access to the network (guaranteed minimum tps).

>> No.30198141

L2 Eth will win

>> No.30198290

>>30198141
I´m sorry to say that but this Frankenstein-solutions will never fix the fundamental problems of blockchains. Only DAGs can be fast, secure, scalable and feeless at the same time.

>> No.30198343

>>30197994
so it doesnt work, gotcha

>> No.30198355

>>30198290
Programming is frankensteining, a solution is a solution, and it works.

>> No.30198376

>>30198141
You cannot be cheaper than feeless. You can't scale better than a DAG. You canot have more functionality than Turing completeness.

ETH is dead in 1 year

>> No.30198458

>>30198376

Sounds like a weaker version of ZNN that isn’t run by coinbases co founder

>> No.30198487

>>30197713
the coordinator

>> No.30198574

>>30198458
Tell me how can you be cheaper than feeless? How can you have more functions than Turing-complete SCs?

>> No.30198665

>>30197456
fuck iota. i interviewed there. they want to own all IP their wagies generate.
centralized pos.

>> No.30198763

>tfw you realize that blockchain is actually completely useless technology that fixes a problem that has already been solved since the internet exists

>> No.30198934

>>30198665
Lol what do you expect? They pay you to create your own IP?

>> No.30199033
File: 113 KB, 691x382, 529572397498234.png [View same] [iqdb] [saucenao] [google]
30199033

>>30197456
IOTA being IOTA

>> No.30199177

>>30198355
I would not hire you

>> No.30199245

>>30199033
Dubs but I dont get it. Hydra will solve nothing.

>> No.30199584

>>30199033
Based Rayquaza

>> No.30199794

>>30197456
I have a lot of respect for IOTA. They taught us how to pause a blockchain.

You deserve to get rug-pulled if you support this shit chain

>> No.30200274

>IOTA in 2021

This bullrun will end the same way it did in jan 2018

>> No.30201165
File: 374 KB, 960x960, 93p4e32j9e201.png [View same] [iqdb] [saucenao] [google]
30201165

>>30197456
Literally alientech! $100 EOY

>> No.30201365

>>30197456
-75% from ATH; kys

>> No.30201487

>>30197456
If it's free, that means the user is the product.
Not gonna risk getting cold called everyday by tradebot salesmen

>> No.30201498
File: 218 KB, 622x829, 1614351018268.jpg [View same] [iqdb] [saucenao] [google]
30201498

>>30197456
lmao please fud Cardano more.
While I accumulate ADA, you can accumulate some pink wojaks to have ready to post.

>> No.30202169

Google DYOR DD about IOTA terms:

IOTA MIT hack
IOTA backdoor
IOTA trinary hash function
IOTA quantum safe crypto
IOTA Jinn scam
CfB Jinn Nxt scammer
IOTA Q
IOTA wallet hack
IOTA network stalled
IOTA refund not processed
IOTA bitcointalk stolen funds refund 1337BTC

Compare the original whitepaper of IOTA. FLAWED. REKT. DEVASTATED
Current whitepaper is a copy of some other shitcoin.

>> No.30203464

>>30201498
You cannot be cheaper than feeles
You cannot scale better than a DAG with L2 smart contracts
You cannot have more functionality than Turing-complete smart contracts

IOTA reached the boundaries of physics here. How can ADA hold up?

>> No.30203531

No interest. Thanks.

>> No.30203565

>>30197456
Try the Iota wallet out for 5 minutes. That's all the time it will take you to decide to dump that garbage.

>> No.30203961

>>30203565
Dude are you talking about Trinity wallet or the 2017 minimal wallet? Trinity has one of best UI in all of crypto

>> No.30204011

>>30197456
rlc

>> No.30204040

PAMP EET

>> No.30204759

Wow all that and lets see how IOTA price is doing...oh a 5% pump, uhhh congrats?

>> No.30204792
File: 402 KB, 1080x1201, Screenshot_20210228-163844.jpg [View same] [iqdb] [saucenao] [google]
30204792

IOTA is hella comfy rn

>> No.30205026

>>30204759
IOTA is not targeting retailers who buy 5min after some news. They talk do governments and leading tech around the world and already get implemented in several smart citites and and products (for example germany Covid tracking on the Tangle). New money will come into the market and x100 IOTA in the long term

>> No.30205067

>>30198376
being turing-complete is a negetive fren, what you want to have is non-turing complete compute. im not joking, look it up. even cardano uses a DSL which is non turing complete.

>> No.30205245

>>30205067
You can literally build Cardano and ETH on top of the feeless Tangle now. What else is there to say?

>> No.30205824
File: 5 KB, 200x352, wojak-soy-boy-huge-vertical-open-mouth-thumbnail.png [View same] [iqdb] [saucenao] [google]
30205824

>Sees IOTA thread
Muh heckin centraised-arino!
>sees BNB thread
I'm all in

The absolute state of biz

>> No.30205874

>>30201165
This is based af

>> No.30205925

>>30205824
this

>> No.30206429

>>30205925
Bump

>> No.30207028

>>30205824
Sadly this is absolutely true. Real tech is not apprevi on biz, only paid soll campaigns