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30223484 No.30223484 [Reply] [Original]

Do ETH people really think every smart contract should be executed by every node on the planet?

IOTA Smart Contracts allow for custom-sized smart contract commitees, including feeless trusted SCs (for example an SC running within a company) or trustless, decentralized SCs (using random nodes from a node-marketplace).

This way Crypto-Kitties might only use 100 nodes, whereas DeFi plattforms might use 1000+ nodes (still less than the whole fucking world).

>> No.30223771

>>30223484
IOTA SCs are the long sought after ETH killer. Hands down, who could deny that?

>> No.30223920
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30223920

>>30223484
If you really think IOTAs tech works,
you should invest in the company that makes that shit not the crypto coin because the coin has no holding value as the "network" is not decentralized or needed in the global scheme as there are private tangles and you can run on separate tangles etc.

No need for the "main" network to exist at all tehrefore no globlal decnetralized system like ITOA exists only small ponds of it which makes no sense at all.

There is no reason to hold iota since you cant stake or mine, no incentive to run the network except that you are allowed to use the network by running it?
Makes no sense, retarded, not a crypto, should be delisted from cryptocurrency listings just as many other coins like hbar, not a crypto.

>> No.30223922
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30223922

>>30223771
IOTA reached the physical limits of performance here:
>Cannot get cheaper than feeless
>Cannot scale better than a DAG with L2 smart contracts
>Cannot have more functionalitay than Turing complete smart contracts

Its over

>> No.30224179

>>30223920
jfc this is so full retard idk where to start

btw you can "stake" iota for mana. Even if you couldn't you'd still be a retard.

>> No.30224229

>>30223920
Running your own private Tangle completly defeats the advantages of DLT, trustless data and value transfer. Instead of a private Tangle you could just as well keep your already established database.

>> No.30224317
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30224317

>>30223920
You just went full retard. Never go full retard

>> No.30224710

>>30223920
Is this bait?
>ITOA

>> No.30225684
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30225684

Feeless smart contracts

>> No.30225868

>>30223484
>>30223771
>>30223922
you realize Iota isn't blockchain right? sending iota to someone carries as much value as sending an email

>> No.30226015

>>30225868
Ok we reached new levels of retardation never deemed possible by physics

>> No.30226155
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30226155

>>30225868
Guys he found out, pack up the Tangle and Run!!!

>> No.30227060

>>30226015
>>30226155
I bought iota in 2017, used it for about a week or two before dumping it at a huge profit. it was literal cancer to use. I hope they've improved the wallet a bit at the least to draw in normies because the tech is literal dogshit. never touched anything that wasn't blockchain since

>> No.30227217

>>30227060
They published Trinity wallet 2 years ago which has absolutely great UX. But the real killer comes out in 3 weeks, the new Firefly wallet
>Personalized contacts
>Chat function
>NFT manager
Not all functions at first release, but man this is the best wallet in all of crypto

>> No.30227656

>>30227217
well that's good, maybe you will get some normie bucks flowing it. the tech money will never seriously flow that way though. the very fact it is feeless means it's useless kek and if you have to ask why you didn't read Satoshi's white paper and should sell all your crypto

>> No.30227957

>>30227656
People in crypto are so used to Ponzie schemes, they cannot understand actual real-world utility
>Data marketplaces
>Smart contracts
>Oracles
>NFTs
>Retail
All paid in IOTA token. Do you really think all data gets shared for free? Fucking moron people will PAY for data with IOTA TOKEN. I know its hard to understand for nigger pajeets from biz

>> No.30228026

>>30227656
Learn what mana is baby boy.
Also, Dell and Interl CTO's just did a live demonstration using IOTA's oracles that they developed together.

>> No.30228049

I'm at -1.67 for the day and have been buying dips today. Still new at this and experimenting.

>> No.30228402
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30228402

>>30228049

been learning a lot this week

>> No.30228840
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30228840

>>30227957
>People in crypto are so used to Ponzie schemes, they cannot understand actual real-world utility
true, that's why people buy tangle lmao
>>30228026
kek when the devs finally figure out how to implement Neo GAS with extra steps let me know

>> No.30228843

>>30228402
Just buy IOTA and hodl through the year. Release pipeline is to strong, safest bet ever

>> No.30228903

fuck off stupid investor cuckcoin
>I will never visit this trash you try to give
no one will trust this rubbish
smart buyers chose juld, just check this info for last year. ez +220%

>> No.30229853

>>30228840
IOTA smart contracts are Turing complete so you can implement whatever

>> No.30230356
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30230356

ethereum huge dapp ecosystem can be rescued by solid L2 solutions like tokamak network. that is why I am following this GEM closely for a while. they announced token burn too. don't sleep on it

>> No.30230687

>>30230356
IOTA currently builds an erc-20 bridge together with University Vienna. This would mean existing projects can effortlessly migrate onto the feeless Tangle.

>> No.30231008

>>30230687
This will be the final nail in the coffin

>> No.30232067
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30232067

>>30231008
Indeed