Excellent talk. From my embedded developer perspective IOTA is the tech to follow !

This discussion was great! Thanks for sharing all that information on IOTA David Really hope we see an increase in IOTA attention. Im on Steemit as Rich_Intel would be great to have you on board with an interview as well. Ive written a few blog now on AI and Crypto currencies.- Richard

Fog Computation and Fog Storage vs Cloud!

Hello. Thanks for the interesting interview. I would like to hear response to my comments about double-spend here https://cloudstor.aarnet.edu.au/plus/index.php/s/WZyMFze5vpJBqkG#pdfviewer

Stuxnet managed to hijack a lot of devices - what happen if a similar malware takes control of a lot of IOT and launch an coordinated/simultaneous attack to the entire IOTA network?

The word "interesting" doesn't do justice to IOTA

Where is the intrinsic value? Bitcoin has intrinsic value because it is scarce. What inherent value does IOTA have that will trigger investors and users to put money into it?

David Sønstebø, co-founder of IOTA, discusses this next-generation post-blockchain platform designed to serve as the backbone for the Internet-of-Things (IoT).

IOTA is a groundbreaking new open-source distributed ledger that does not use a blockchain. Its innovative new quantum-proof protocol, known as the Tangle, gives rise to unique new features like zero fees, infinite scalability, fast transactions, secure data transfer and many others.

Because the Tangle uses a Directed Acyclic Graph (DAG) instead of a blockchain, users automatically act as validators, allowing transaction validation to become an intrinsic property of utilising the network. Each transaction requires the sender to verify two previous transactions, resulting in infinite scalability while avoiding the validation centralization that is common with existing consensus mechanisms.

IOTA is also developing a novel standard for embedding minuscule ASIC chips in all IoT devices. These chips perform nominal proof-of-work hashes in order to prevent spam and Sybil attacks, and because the network is partition-tolerant and only eventually consistent, brute force hashing attacks are prevented.

With a transaction volume limited only by the speed of light, IOTA is a promising new solution to the limitations presented by blockchains.


iota.org
twitter.com/iotatoken
twitter.com/davidsonstebo

consensys.net
consensysmedia.net
etherreview.info
https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2

IOTA white paper: iota.org/IOTA_Whitepaper.pdf
Directed Acyclic Graph: https://cdn-images-1.medium.com/max/800/1*F-rjJqQ1PyF8dOnjOaiLFg.png

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