Timeline for How exactly are transactions verified and confirmed in IOTA
Current License: CC BY-SA 3.0
14 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Apr 14, 2018 at 9:33 | vote | accept | amitnair92 | ||
| Mar 1, 2018 at 22:45 | comment | added | Zauz | Of course, you are right! I updated the pictures, it should be correct now. | |
| Mar 1, 2018 at 22:44 | history | edited | Zauz | CC BY-SA 3.0 |
corrected graph
|
| Mar 1, 2018 at 22:36 | comment | added | janowitz | I think I spotted a mistake. How is the light blue transaction at the bottom confirmed and also the one it confirms left of it? I think these two should be red... | |
| Feb 22, 2018 at 13:28 | comment | added | Zauz | I'm not sure. Maybe somebody else knows. You could ask a new question. | |
| Feb 22, 2018 at 12:34 | comment | added | janowitz | Thank you for your good answer and the infographics! Is there a way to see the genesis transaction on a tangle explorer and then browse through similar to the Bitcoin blockchain? | |
| Feb 21, 2018 at 21:30 | comment | added | Zauz | Altough it's always possible that your transaction will become invalid in the future, you can assume that it will not, because you are assuming that your tangle is the "strongest"/"main" Tangle. | |
| Feb 21, 2018 at 21:25 | comment | added | Matt | I still do not understand how that assumption gives me any confidence that the transaction won't become invalid sometime in the future because it was also used in another subtangle that this node knows nothing about | |
| Feb 21, 2018 at 18:49 | comment | added | Zauz | You never know if your node is connected to the "main Tangle". You can only assume that your node is or isn't aware of all/most other transactions. | |
| Feb 21, 2018 at 18:34 | comment | added | Matt | Without the Coo, don't you still have to use the main Tangle's tips as the source of truth for how many are referencing a transaction? Eventually everything propagates thru the Tangle so your node is aware of most other transactions. Just using subTangles to validate transactions does not make sense to me in the global sense | |
| Feb 21, 2018 at 18:22 | comment | added | Zauz | It is possible that a transaction is confirmed by all transactions your node sees. Truly 100% is not possible because you never know how many transactions are out there that you don't know about. It is possible that your transactions is confirmed by 100% of the transactions your node sees but your node only sees 0.1% of all transactions (e.g. in subtangles) . | |
| Feb 21, 2018 at 18:18 | comment | added | Matt | I love your diagrams. I would just add a note that after the Coordinator is turned off confirmation is evaluated based on how many tips reference a transaction, it doesn't have to be all of them. >99% of new tips referencing your transaction would be very confident, but I'm not sure 100% is possible. | |
| Feb 21, 2018 at 17:49 | history | edited | Zauz | CC BY-SA 3.0 |
added link to src
|
| Feb 21, 2018 at 17:39 | history | answered | Zauz | CC BY-SA 3.0 |