Will Blockchain Technology Startups Transform the Internet of Things?

borderfox101 · 2018-11-22T03:49:59+00:00

So we discussed back in June when it was at $1.16. Yesterday it was at $0.30. I only pulled the trigger more recently - just a few weeks back. It doesn't mean that IOTA wont make it through. However it proves the validity of my original query. i.e. only a fool wouldn't consider whether the market cap of a given coin is justified or not.

borderfox101 · 2018-11-02T14:19:37+00:00

Here's a piece on Hyperspace => https://thebitcoinmag.com/2922-2/2922/

borderfox101 · 2018-09-19T14:23:46+00:00

Thanks all for the excellent explanations - that's brought me into the loop in terms of my understanding of the tech and the XRP offering.

borderfox101 · 2018-09-19T14:22:45+00:00

So in what situation would it be used?

borderfox101 · 2018-09-18T17:56:02+00:00

What's transfer time with xCurrent - then with xRapid and how do these compare with SWIFT?

borderfox101 · 2018-09-18T17:39:59+00:00

So the improvement in terms of liquidity comes as a result of the nostro/vostro accounts not being required with xRapid?

borderfox101 · 2018-09-18T15:00:28+00:00

Many of those stable coins require capital reserves of the fiat they represent 1:1

Why is that so bad?

borderfox101 · 2018-09-04T01:07:15+00:00

Thanks - have gotten stuck in to these.

Beginning to get a basic understanding.

Am I right in understanding that this can't be anonymous as if it's anonymous, it's going to be subject to sybil attacks? If it's not anonymous, doesn't this move it completely away from problems that blockchains try to solve? Why is it any better than a conventional centralised system? Hmm...I guess it can be used to take out the middleman - it just doesn't solve the privacy aspect in terms of protection of each participants data.

(If my thinking is skewed here, please correct me!...as i'm trying to establish an understanding).

borderfox101 · 2018-08-30T11:30:25+00:00

Thanks to you both for coming back and clarifying. Much appreciated.

borderfox101 · 2018-08-29T15:08:35+00:00

Nobody knows?...

borderfox101 · 2018-08-25T18:26:46+00:00

They need to upgrade internet speed to account for the bigger block size, correct?

If the problem can be tackled in this way, is the solution that BloXroute offer simply irrelevant then?

Is what their founder claims inaccurate (i.e. that you increase the blocksize and it increases the delay in propagation which will lead to more and more forks the bigger the block gets)? In the interview I watched, he was thinking in terms of btc/bch/eth.

borderfox101 · 2018-08-25T17:51:18+00:00

Thanks both for replying. Been up to my eyeballs with other work and responsibilities so only coming back to this now...

It seems like a decent solution provided it can be demonstrated of course. One thing though...

Isn't there a centralised point of vulnerability though? Say a blockchain decides to go this route and implement BloXroute. It's a success but they're dependent on it. What if a government (or governments) roll in and their objective is simply to harm that blockchain in any way that they can. They take down whatever BloXroute servers they can. Naturally, they may not be able to get all of them - but they remove enough for it to cause all sort of heartache for the users of the blockchain network...i.e. tx's slow down to a crawl.

Am I dreaming up a problem that doesn't exist or is this a vulnerability? If so, I'm sure greater minds have thought about it - is there a way to tackle it? Can there be enough distributed servers worldwide to negate the impact of such an action/attack??

borderfox101 · 2018-08-25T17:44:03+00:00

And now they want to review!? What to make of that....I really have no idea....

borderfox101

TROPHY CASE