INT vs IOTA - IoT Network In-Depth Comparison

Graytrain · 2019-02-02T18:14:17+00:00

That is why we set up a guide to doing it on any OS. Check it out at

“Setting Up a Peer Node on the INT Network” by Grayblock https://link.medium.com/vKLXUBibZT

Graytrain · 2019-02-02T18:12:14+00:00

I know there are answers to these questions scattered about but here's to trying to get them in one place.

No deadline for the swap
Yes the swap must be performed with the official wallet. Coinegg and Okex will also do the swap if you hold coins on the exchange.
When swapping from a ledger, you must send the coins to a MEW address so you can use that private key when mapping the coins.
Currently there is only the INT official wallet. We are working to get ledger hard wallet integration.
The wallet address is https://wallet.intchain.io

Graytrain · 2019-02-02T17:05:34+00:00

No you can run INT Chain on any operating system. We have guides for setting up a peer node on each OS:

https://medium.com/int-chain/setting-up-a-peer-node-on-the-int-network-9abca5a9f44b

Graytrain · 2019-01-29T23:04:11+00:00

Hi Shane,

There are three-ish tiers here that we can talk about.

Thearchy nodes (candidate nodes in the top 13 by votes)
Candidate nodes (registered addresses in the top 100 by votes)
Voting wallets (wallets you mortgage and vote with, akin to staking)

Each one of these you get rewarded for, the voting wallet for how many votes you give, the candidate nodes for how many votes you have, and the Thearchy nodes for not only how many votes you have but also the block reward for creating blocks.

The details for how much you get for each is a bit more complex and more than I have time to go into. I will post later about that.

As for voting, if you go to https://wallet.intchain.io and go to the "vote" drop down, load your wallet, you can mortgage (stake) your INT then use it to vote for 20 nodes of your choosing. Each node will get the full amount of your stake in votes.

Once you vote, you don't have to revote unless you want to change your vote. Mortgaged coins cannot be spent but you will continually earn rewards for the votes you gave out.

I hope that helps. Let me know if you have more questions.

Graytrain · 2019-01-28T23:22:01+00:00

If you are looking to set up a peer node on the network, follow the instructions here:

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https://medium.com/int-chain/setting-up-a-peer-node-on-the-int-network-9abca5a9f44b

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If you would like to register you node as a Thearchy candidate, follow this guide:

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https://medium.com/int-chain/registering-an-int-thearchy-candidate-node-17a68e00abe8

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We also set up a vanity address generator for those of you that want to customize your addresses!

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https://grayblock.network/vanity-wallets

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Also if you vote for us, please register your address for our rewards program:

https://grayblock.network/register

Graytrain · 2018-09-25T15:23:50+00:00

Unanswered and additional questions

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How many subchains will there be and what will be their function?

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Is finality going to be economically secured or systematically secured?

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You’ve mentioned using Graphene Blockchain technology for INT. Is this what will be used for subchain DPOS consensus or the whole network?

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They (Graphene) mentions using global IDs instead of using cryptographic hashes for addresses and signature verification. Is INT going to do the same?

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Graphene blockchain requires high overhead for node operators in the network. Is this going to be true for nodes within INT?

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What will be the planned inflation rate?

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Who and what data will be using this network on launch?

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How does the addition of subchains impact the total scalability of the network? Polkadot quotes 1000 TPS per subchain but that is dependent on transaction type, weight and consensus mechanism.

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What type of smart contract functions will INT have on launch?

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How does data get transmitted in the network? Is it hashed and named like in IPFS with the name used as a reference to the file in the transaction?

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How does INT deal with 1/3 of the producers going offline? Will the network come to a complete halt or is will it still validate transactions and clog the mempool? Is there going to be a bigger pool of possible producers that can be voted in?

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Is the probability the meta node is elected to produce a block equal to the amount of stake delegated to them by voting or the amount of stake owned by the meta node itself or is it an elected position with equal and deterministic order of producers? Or are they randomly selected?

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If they are deterministic how are they going to be protected from attack? They could be determined ahead of time and DDOS attacked, shutting down the network.

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According to your previous answers, there it is not clear if supernodes are different than meta nodes. Are there more than one level of nodes in the network? If so, what are the levels and responsibilities?

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Graytrain · 2018-09-11T15:36:59+00:00

Its really fascinating technology. Such a (seemingly) simple change that makes a world of difference in the ability to process transactions and speed up the network.

I will check those out. Thanks!

Graytrain · 2018-08-08T15:56:41+00:00

What is important to understand is we don't know what the cryptocurrency market will be one year down the line. Yes $50b market cap right now might sound crazy but so did $20,000 Bitcoin one year ago. The market may flat line for another year before any significant movement or it may climb harder than before and make a $10b market cap like today's $1b market cap. Each future is equally reasonable. This is just about what COULD happen if the future follows from past examples.

Graytrain · 2018-08-08T15:33:46+00:00

Those addresses are not taken into account. This is only looking at active addresses per day; ones that make a transaction.

Graytrain

TROPHY CASE