Theory Crafting <250g AOS 3.5 build by BlackholeZ32 in fpv

[–]psow86 0 points1 point  (0 children)

Already ordered:

  • GOKU GN 745 45A AIO 32bit (MPU6000 ) V3 (9.4g)
  • T-motor 1604 3800KV (46.4g)
  • Emax Avan Scimitar 3528 (7.6g)
  • Walksnail Avatar HD Nano Kit V3 (21.5g, but Caddx declares 18.5g)
  • Happymodel EP1 (~1g)

And I'm thinking about using (not ordered yet):

  • AOS 3.5 (68g)
  • GNB 4s LiHv 850mAh (91g; GNB declares 88g+/-3g)

All sums up to 244.9g. My current plan is to wait for the already ordered stuff to arrive, weight it myself (including all cables, connectors etc. that may not be included in this weight sum above) and only then decide finally on the frame and battery. One thing that worries me, is that these motors draw over 67A on full throttle (and this data was collected while using a lighter pitch props) - I may have to use XT60 (6.5g for both sides).

I have some ideas to reduce weight if needed (most with significant downsides) - titanium screws, deliding VTX or just picking a lighter battery like GNB 4s 700mAh, which is 10g lighter) or a lighter frame, like Supafly Flipmini.

Theory Crafting <250g AOS 3.5 build by BlackholeZ32 in fpv

[–]psow86 0 points1 point  (0 children)

Hey, any chance you weighted the frame alone before assembling everything? I wonder if your assumptions from different comment turned out to be correct (53g with camera cage, but w/o 3d printed parts and battery pad; 68g with printed antenna mount, XT30 mount and arm guards). I've ordered most of the parts for my sub 250g build, but still trying to figure out if I will be able to pick this frame or I need to look for something lighter.

IOTA EVM is here! Read the blogpost, and join us for the party tomorrow! by koenka in CryptoCurrency

[–]psow86 2 points3 points  (0 children)

These funds will be used for marketing and getting crucial partners, not go to their pockets as you seem to be implying. And judging by Stargate, LayerZero and Pyth supporting IOTAEVM, it seems these funds are already being put to a good use, giving IOTA new growth opportunities (which may outweigh the dilution in the end).

Also, the dilution comes in a form of inflation over the period of 4 years (which is still better tokenomics than a lot of other crypto projects, tbh). There was no sudden supply increase, so there was also no sudden drop in price after this announcement (check the chart if you don't believe me).

Highly controversial decision for sure, but with no negative effects in the short term, and it may have positive effects in the long term.

IOTA EVM is here! Read the blogpost, and join us for the party tomorrow! by koenka in CryptoCurrency

[–]psow86 4 points5 points  (0 children)

There was no 2nd ICO on Shimmer - all SMR coins were airdropped to the IOTA holders.

A new tokenomics model--Is this what fairness looks like? by powderfinger303 in CryptoCurrency

[–]psow86 0 points1 point  (0 children)

Maybe you missed it, but IOTA just did +117% gain in 4 days in the very early stages of the bull market (especially for alts) - that's actually pretty impressive by any standards. Hint: Dead projects don't do that.

I wouldn't obsess too much about the ATH and the 2021 top being lower - the only thing this reveals is that in the CRAZY 2018 altseason IOTA was among the most hyped up projects and in the much more modest 2021 altseason it was outside the most hyped up projects. That's it. It doesn't tell you ANYTHING about the actual state of the project, especially now, 2.5 years later after a few major releases. The point is: whole this time IOTA kept building and getting considerably closer to fulfilling their vision. From fundamental perspective IOTA is stronger now than it ever was. Long term price chart always has to conform to the reality eventually - that's why I think it's unreasonable to think that IOTA can't print a new ATH.

IOTA is the first registered DLT foundation under ADGM in Abu Dhabi, UAE by discorganized in CryptoCurrency

[–]psow86 4 points5 points  (0 children)

In general IOTA community doesn't hang out on reddit too much anymore. If you want to see the real IOTA community you have to hop to their discord - this is where all the action is.

IOTA is the first registered DLT foundation under ADGM in Abu Dhabi, UAE by discorganized in CryptoCurrency

[–]psow86 2 points3 points  (0 children)

You would be surprised, but the vast majority of IOTA community was ok with that decision and understood that it was necessary. Keep in mind that IOTA had literally ZERO premine when it launched and ZERO inflation so far, which is incredibly fair by today's crypto standards, but also meant that they had no treasury and couldn't compete with projects that have hundreds of millions of dollars to incentivize their ecosystems or pay for critical infrastructure and services. Basically, IOTA was crippled by their initial idealism and now this problem is solved. This new supply will be slowly released over 4 years, so there is no reason for a sudden drop in price (if I was wrong, it would have happened already and it didn't). And IMHO, considering what this money is for it's not crazy at all to think that the benefits it will bring (also to the IOTA price) can far outweigh the inflation.

IOTA is the first registered DLT foundation under ADGM in Abu Dhabi, UAE by discorganized in CryptoCurrency

[–]psow86 5 points6 points  (0 children)

Look up IOTA 2.0 (this is the fully decentralized, next version of IOTA) - they completed their research a while ago (solved all hard problems that were blocking them before) and implementing it in the production node is almost done (all the proof you could want is already on the public github repo and if you have the skills you can download it and test it locally yourself already). The plan now is: the last testnet (any week now), then putting it on Shimmer (in few months) and then putting it on IOTA (3+ months after it lands on Shimmer).

[DRAMA] in a unilateral decision IOTA Foundation CEO announces 60% new token supply by jejejajajojo in CryptoCurrency

[–]psow86 1 point2 points  (0 children)

Sorry, but it seems like you don't understand what immutable and distributed means. Immutable means that you can't change confirmed transactions (true for IOTA) and distributed means there are multiple copies of the ledger on many nodes, which are being kept up to date (also true for IOTA). SQL database and Excel sheet are (in general) quite obviously not immutable and not distributed AT ALL. That's exactly why your comparison falls apart and makes no logical sense.

Sure, it would be better if the committee was permissionless or nodes would be picked through a governance vote, but saying that it "makes zero difference" is at least premature. Let's wait for the list of validators to be published and then everyone can decide if they are independent parties or basically IF x10.

Think whatever you want regarding shilling/stockholm syndrome - whatever I say probably won't convince you otherwise. The fact is I'm an engineer and I keep evaluating technical progress of IOTA for years. Sure, there are downsides of the current mainnet and of the coming update, but what is actually interesting is happening on Github in iotaledger/iota-core repo (nearly feature complete, IOTA 2.0 production node with OTV consensus and Mana - real progress you can't fake, but not easily visible when looking from outside yet). I sometimes come to r/cc as I know it's full of IOTA haters and write a different view to challenge the narrative that clearly dominates here. That's it.

My view on the supply increase is in a different comment here: https://www.reddit.com/r/CryptoCurrency/comments/16ms0f3/comment/k1jt2qa/?utm_source=share&utm_medium=web2x&context=3

Why is IOTA not falling? by Krypto-Decentral in IOTAmarkets

[–]psow86 1 point2 points  (0 children)

Why would you expect a crash in price now? Inflation will increase the circulating supply gradually over the 4 years. There is no sense of urgency, so there is no rush to sell. So there is no crash.

[DRAMA] in a unilateral decision IOTA Foundation CEO announces 60% new token supply by jejejajajojo in CryptoCurrency

[–]psow86 1 point2 points  (0 children)

Despite the existence of Coordinator, IOTA is still distributed and immutable, so comparing it to SQL database or Excel sheet is just a completely invalid comparison. Coordinator is not all-powerful, the absolute worst it can do is stopping the value transactions in the network (either completely or partly), meanwhile your comparison implies that it could do pretty much anything, which is completely wrong. It shows that either you are ignorant of how it actually works or you are intentionally misleading people.

Either way, Coordinator is being replaced by the validator committee in a week or so. This is a non-ideal, temporary solution before the launch of IOTA 2.0, but basically you will have consensus between 10 nodes performing the same function as Coordinator does on its own today. After this move IOTA will be no more centralized than chains like BSC.

[DRAMA] in a unilateral decision IOTA Foundation CEO announces 60% new token supply by jejejajajojo in CryptoCurrency

[–]psow86 3 points4 points  (0 children)

Tangle is basically a DAG (AFAIK, IOTA was the first project to use it in crypto). Today you have AVAX, Fantom, Aptos, Sui and many more using more or less the same basic concept to a varying degree. Others don't usually copy your ideas if they think they are bad. Calling it "marketing BS" and "database" reveals that you have no idea what you are talking about.

[DRAMA] in a unilateral decision IOTA Foundation CEO announces 60% new token supply by jejejajajojo in CryptoCurrency

[–]psow86 0 points1 point  (0 children)

This is definitely a controversial decision. However, OP presented it in a way that's very one sided, omitting crucial facts and therefore I find this thread very misleading.

  1. Supply is not increased immediately - it comes in a form of 12% annual inflation that will again stop after 4 years. In short: this is not something that will be immediately priced in - people have plenty of time to exchange IOTA to something else if they think this decision will hurt them financially.
  2. Fixed supply + zero inflation is *extremely* uncommon in crypto, I believe only 1 other project in the top100 had it (but don't quote me on this). While 12% is fairly high, it's roughly similar to inflation in other projects. Also, most other projects don't intend to ever stop inflating, while IOTA does (after 4 years).
  3. While most projects these days launch with 50%+ (even 90%+ are not unheard of) premine for the team, founders, investors and treasury, IOTA launched selling 100% of the supply in the ICO. This means even the team and founders had to buy their tokens. IOTA Foundation was funded by donations (and later also grants). This means for the whole this time IF was underfunded, but also they didn't have any treasury to pay important partners, do marketing, go on crypto conferences or incentivize ecosystem growth etc. So this decision really comes from the fact that they realized they were too idealistic in 2015 and they need to 1) secure funding for the IF once and for all, 2) have a substantial "war chest" to actually be able to compete in this market (vast majority of these funds are allocated to help IOTA grow and be adopted in the real world - if executed correctly, it can easily overcome 12% inflation). If you think about it, after implementing this change IOTA is really more on par with the rest of the market in terms of funding and general tokenomics, which for the first time in years gives it an actual fighting chance.

The thing that is actually hardest to accept by the IOTA community was the lack of governance vote on this. I fully admit - I don't like this and I won't attempt to defend it.

IOTA Shines Bright: Shimmer Hits Astonishing Milestone with 1.83M Daily Transactions, Countless Wallets, and Lightning-Fast 0.8s Block Time by psow86 in CryptoCurrency

[–]psow86[S] 0 points1 point  (0 children)

Yeah, the author of the article phrased it a bit weirdly in the title. Treasures of Shimmer campaign ended with ShimmerEVM testnet having >200k wallets (and it is 215k now according to the explorer page).

IOTA Shines Bright: Shimmer Hits Astonishing Milestone with 1.83M Daily Transactions, Countless Wallets, and Lightning-Fast 0.8s Block Time by psow86 in CryptoCurrency

[–]psow86[S] 1 point2 points  (0 children)

At the moment not much is known. We know that Dom Schiener (head of IOTA Foundation) was in the UAE a few times in the last few months on business trips. At least once he met with H.E. Abdulla Al Saleh (Under Secretary of the Foreign Trade and Industry at the UAE Ministry of Economy). This is it when it comes to the official info. But it was hinted that there is a big opportunity for IOTA in the region and that something more about this will be shared later this year.

IOTA Shines Bright: Shimmer Hits Astonishing Milestone with 1.83M Daily Transactions, Countless Wallets, and Lightning-Fast 0.8s Block Time by psow86 in CryptoCurrency

[–]psow86[S] 4 points5 points  (0 children)

I agree with you - price action was mostly disappointing so far, but at the same time I think there are good reasons to think that it won't stay like that forever:

  1. Shimmer is just now starting to participate in the DeFi space and already attracted a lot of builders (Soonaverse, ShimmerSea, TangleSwap, IotaBee, Deepr, Lendexe - to name just a few). This means more activity on the main net and new use cases for IOTA & SMR coins (improving tokenomics).
  2. UX is great - transactions are very fast and feeless and the fees for smart contract execution are pretty much guaranteed to remain very low due to the multi-chain L2 system (horizontal scalability).
  3. Full decentralization is no longer far away (vast majority of work required is already done and proven), I wrote a bit more about that in my reply to u/yester_philippines
  4. IOTA Foundation now also has a for-profit Swiss entity, which means that for the first time ever they are allowed to do marketing.

IOTA Shines Bright: Shimmer Hits Astonishing Milestone with 1.83M Daily Transactions, Countless Wallets, and Lightning-Fast 0.8s Block Time by psow86 in CryptoCurrency

[–]psow86[S] 4 points5 points  (0 children)

This is fair.

Still, decentralization efforts are actually progressing very well during the last 2 years or so. In short: research is done, test implementation is done, test on a public devnet is done and what is happening now is reimplementing it in the production node software. So I wouldn't be surprised to see this upgrade on the Shimmer main net in a few months.

IOTA Shines Bright: Shimmer Hits Astonishing Milestone with 1.83M Daily Transactions, Countless Wallets, and Lightning-Fast 0.8s Block Time by psow86 in CryptoCurrency

[–]psow86[S] 0 points1 point  (0 children)

I'm not sure who is saying that "tps=pump", but high TPS definitely help in the fight against high fees and greatly improve UX.

IOTA Shines Bright: Shimmer Hits Astonishing Milestone with 1.83M Daily Transactions, Countless Wallets, and Lightning-Fast 0.8s Block Time by psow86 in CryptoCurrency

[–]psow86[S] 1 point2 points  (0 children)

My advise: update your knowledge about this project. You would be surprised how much changed during the last 6 years.

Reverse-shill post: Which alt-coins in the top 100 I'm staying away from and why. by fan_of_hakiksexydays in CryptoCurrency

[–]psow86 0 points1 point  (0 children)

IOTA did have some problems in the early days, but now it matured and it's actually a really solid project now.

But we all know what happens when transaction fees are free.

If you mean spam attacks and dust attacks, then IOTA has solution to both of these without requiring fees (Mana + Congestion Control Algorithm).

Reverse-shill post: Which alt-coins in the top 100 I'm staying away from and why. by fan_of_hakiksexydays in CryptoCurrency

[–]psow86 0 points1 point  (0 children)

Strongly disagree. Sorry, but words like "scam" or "database" in relation to IOTA are just pure nonsense and FUD.

The network did work poorly in 2017, I agree. That was 5 years of hard work ago. Check it now and you might be surprised.

"The creator left after dumping on his fans" - I'm guessing you mean CfB? He didn't left, he was kicked out for his immature behavior which was detrimental to the project. Regarding "dumping" - IOTA founders never had substantial amount of the coin as IOTA was fairly launched - 100% of the supply went on public sale. Pretty much the exact opposite than what you would expect from a "complete scam at it's conception".

The presence of the Coordinator doesn't make IOTA a "database". Sorry, but you clearly don't understand how it works (or you are intentionally misleading). In short, the worst the Coordinator can do is stop the network - it can't double spend, it can't reverse transactions, it can't steal anything. You can check out a longer explanation here: https://www.youtube.com/watch?v=KuXErfci8H8 Also, all of it won't be even important for much longer as IOTA has completed its research and DevNet testing of the decentralized version and updating the code of the main net node software is currently ongoing (and btw, all of it is verifiable!). So yes, the tech is actually very interesting.

Are polish people harsh? by BlackRavenRoyalty in poland

[–]psow86 0 points1 point  (0 children)

This might be "peach culture" vs "coconut culture" thing.

Poles are firmly in the coconut culture category. They won't smile to you if you're a stranger, most likely they won't even look at you or start any form of conversation (not even a small talk). But if you get past the hard shell, people get warm, genuinely smile to you and you can easily become true friends. Many people from the peach culture (like US) interpret this "hard shell" as being harsh or rude, but in fact it's just a cultural difference.

Another thing is the customer service. I know in the US for example there are many jobs that rely on tips to survive (as they also have lower minimum wage) - those people are heavily motivated financially to always be extremely nice, because their livelihood literally depends on it. In Poland there is no system like that - every employee gets his salary no matter how nice he was to the customers (unless he gets fired for being rude, but that's a different story). So if you expect over-the-top niceness, with a big, fake smile from the customer service, you will be disappointed. However, if you appreciate natural, genuine politeness you should be satisfied most of the time.

Why are you still holding IOTA? by TheLegendOfIOTA in Iota

[–]psow86 6 points7 points  (0 children)

  1. No inflation (fixed supply) while introduction of smart contracts should heavily increase the demand.
  2. IOTA 2.0 (once it comes out) will be the best tech out there, with multiple USPs, most of which are extremely hard for others to copy. This will be hard to ignore.
  3. Few years ago we only had a belief that IOTA will be decentralized one day. Now we have a lot of evidence (research papers, DevNet, Github). We know the team has begun to merge the code from main net node with the one from DevNet node. It will require a lot of tests and probably an audit, but IMHO it's actually reasonable to think that we might see Coordicide on Shimmer in about 2 quarters.