![]() Assuming the station respects the payment request, not only will the received funds be sent to addresses initially difficult to link to the thermostat, but, due to being broken down into smaller denominations, will also be easier to spend in a way that does not leak information about the original payment. The thermostat sends an encrypted payment request to the station, providing multiple 12 addresses by which to receive the funds, the total requested amount, and perhaps additional information. Imagine that a smart thermostat wants to collect a payment in a private manner from a weather station that has made use of its data. It revolves around the notion of a payment protocol, and is described here in a manner adapted to a typical use-case of IOTA. Merge Avoidance is an intriguing idea which, although now inapplicable to Bitcoin due to its high fees, is worth re-evaluating here. Look at the paragraph Merge Avoidance in the paper I mentioned: I could be totally wrong though, so take all of this with a grain of salt.īut isn't Iota better suited for these kind of attacks? They have zero fees, so it is easier to send money in tinier packs, that can not as easily be linked to the amount of money entering the tunnel (to use your metaphor, if I got it correctly). You will be able to transact as a known identity (full transparency) but you'll also be able to transact through a tor connection, have zero-knowledge proofs, maybe use off-chain mixers and other features of privacy coins. And anonymity/privacy is just another one of these cases, where Iota will have more flexibility. Like more flexible shardability, more flexible smart contracts, more flexible network capabilities in terms of speed and scalability. I think of it this way: Iota is a crypto that allows for more flexibility in many areas, where blockchain is kind of stagnant. In this article Iota showed how you can decide to send public, private or restricted messages with MAMs and streams will have even more features. ![]() And privacy in messages will be possible via streams (former MAMs). But they (IF) are working or will be working on zero-knowledge proofs and there was a paper back in the days, that tried to improve anonymity in the tangle, don't know how the approach would be today, but I'm sure there'll be research about this in the future. was all I needed to know how safe my investment is.ĭo you think, anonymity can't be solved in iota? I mean, node identities are a drawback in that regard, but I read this article and it convinced me, that identities are needed for scalability. The fact that all of these other crypto’s with scaling and tx fee issues don’t see that IOTA basically built an unbiased, trustworthy, “ smart miner”, that scales infinitely ,then they are just in denial and too close to their investments.Īfter I saw the looks on the faces of the reps from inte and del when they saw their trust stores go up in the alvarium demo. but good thing 100% of my money is on IOTA. Now if I’m heavy into BTC, I may not want to say that. ![]() Don’t need to be part of a fan club, buy merch or anything, but I’ve gone through all of their ( iota foundation) news letter, blogs, posts, white papers ( to what I can understand) and what they are building disrupts this whole industry and it’s very easy to see from an unbiased perspective. I’m one that doesn’t care one iota about any tech company personally. They want criticism so they can keep upgrading a better product, they are working and have employed people of different corporations out there to be part of their board, so the essentially have the professional board you would want for any potential multi billion -trillion dollar company. It was a mess back in 2017, it seemed more like the show Silicon Valley, always talking shit etc rather than a professional true entity. Doesn’t matter how much data there is in the world, iota essentially can be the gold standard of it all. Also not including the amount of currency it could hold as well. Iota technology essentially can capture ( best case scenario) every little sliver of data that huge tech companies will be a strep price to be apart of not including what has yet to be invented in the tech space.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |