DATA is value, Security is value, Speed is value. one can be your IOTA transfer that has noting to do with the tale that i just told. but that information has a intrinsic value. sing a traditional sensor rental and maintenance contract. per mouth,times years, times volume, in every critical part, in every industry, in different areas. can be done with a single IOTA code, that run in a R$ 200,00 dolar chip-computer / smart sensor.

The storage, data transfer, data verification, security, payment. U$ 0.0001 for that initial 4 to 5 dollars, just to check. that EVERY m 3 is ok? since your cost/revenue is at the scale of hundreds of thousand of dolars? You transfer every second hundreds of m 3. this gas transfers every year cost 4 to 5 dollar per thousand cubic meters. and pay 1 iota for that information, the information is cryptographic and secure, requests could only be accepted by authorized ID, information stays storage at the tangle, and payments are given only on demand. Now the autonomous sensor can calibrate each other by requesting 'with volume do you read?'. Every side got a sensor, and 2 autonomous audit sensor, from a private party. Communication demands a complex request and integration of the system, integrated by some industrial protocol. Hire another company, that it has to pay every month/year to audit the procedure. both sides has mass meter, they measure how much Gas is given and received. Transfer m 3 of natural gas from one to another, using a pipe. Since the tangle is still prof of work, but is almost no hardware demanding, you can fit in a small and cheap micro-controller or a single-board computer, like a raspberry pi. The main value of IOTA is for micro transaction and validation of data. So my speculation/gamble is i could, go down to zero, or go up x1000, so im happy to bet 1$ to possibly gain 1000$Īs a mechatronics engineer i have a difference point of view here. This will result in a large pullback, but IMO they will overcome these issues. Also i think we are going to see a few hacks at IOTA security at some point, as its a new relatively untested tech. My concerns with IOTA, is whether someone will build a better tangle, like what happen with BTC and ETH. IOTA is positioned to be a front runner in having access to that growing market, and to be competitive as a no fee currency to compete with bitcoin. So what my opinion is, I can almost guarantee that IOT (not necessarily IOTA) will catch on like fire, big data/AI is starting to happen now, Sure its personal opinion, gained from reading a lot on IOTA, but all future forecasting on reddit is personal opinion. Based on my understanding it's based on two assumptions. r/CryptoCurrency.Well I think it's a personal opinion. Posts that are not related to IOTA can be made elsewhere, e.g. This includes, but is not limited to, no: personal attacks, threats of violence, slurs, trolling, profanity, posting people's private information (doxxing). No buying/selling of iotas on Reddit (only trust the listed market exchanges) scammers may try to scam you! Report any scammers to mods here. Related Subreddits: r/IOTA / r/IOTAsupport / r/iotaTipBot / r/IOTAmemes / r/CryptoCurrency / r/CryptoCurrencies Rulesįor discussion of non-market-related IOTA topics, visit r/IOTA. Supply & Units: i./lsq4610.jpeg / i./Y6zOB5G.jpg IEN Application: goo.gl/forms/OrrXmhu1rKfy2dgp2 InformationĮcosystem Fund: /iota-ecosystem-fund-2-millionĪMA: r/Iota/comments/6hugtq/ask_us_anything IOTA is focused on being useful for the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro-/nano- payments, and other applications where a scalable decentralized system is warranted. Further, unlike blockchain architecture, IOTA has no separation between users and validators (miners / stakers) rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. Scaling limitations have been removed, since throughput grows in conjunction with activity the more activity, the more transactions can be processed & the faster the network. IOTA uniquely offers zero-fee transactions & no fixed limit on how many transactions can be confirmed per second. The IOTA Tangle is a quantum-resistant Directed Acyclic Graph (DAG), whose digital currency ' iota' has a fixed money supply with zero inflationary cost. IOTA is an open-source distributed ledger protocol launched in 2015 that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. For discussion of non-market-related IOTA topics, visit r/IOTA Please focus discussion on IOTA investment, trading, and market-related activity.

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