aboose
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9 answers
27 votes
2k views
How to generate a seed safely?
26 votes

What is my seed? Think about your seed as the combined username and password that grants access to your bank account. If anyone obtains your seed, they can login and access your funds. Seed: You ...

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3 answers
5 votes
646 views
Will the total supply of IOTA tokens ever increase?
Accepted answer
13 votes

The total supply of IOTA will not increase based on the current design of the technology. Currency supply doesn't have to increase if the value of the currency increases to offset it. Wealth creation ...

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2 answers
19 votes
401 views
How can I safely store my IOTA seed?
Accepted answer
13 votes

For digital storage, I would recommend using an offline password manager such as Keepass which can encrypt your key behind a password. For paper storage, it may be good to print out a copy of your ...

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1 answers
10 votes
177 views
Does IOTA become less accessible the further its value increases?
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12 votes

To your point, one IOTA is currently the smallest possible increment of supply. If IOTA increases in value to the point where microtransactions and streaming real time payments become infeasible, the ...

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1 answers
6 votes
311 views
Why are transactions so slow?
Accepted answer
10 votes

The issue with the spammer was that it was spamming a single (and commonly used) node and wasn't intelligent enough to distribute transactions among nodes, so it was just overwhelming that one node. ...

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2 answers
8 votes
591 views
Can IOTA have a hard fork?
9 votes

IOTA can theoretically have a hard fork. In order for that to happen, a few things must occur: 1) The forker must decide on a state of the tangle that will be used for the fork. This is more ...

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1 answers
7 votes
638 views
What's the difference between Milestones and Snapshots?
Accepted answer
9 votes

A milestone and a snapshot are two separate things. Currently, the network has the coordinator set up to ensure that malicious attacks cannot occur. The specifics of what a milestone is are detailed ...

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6 answers
11 votes
482 views
How do I generate a wallet from a seed?
9 votes

Dice may not be best. IOTA Seeds are made up of A-Z and the number 9, and are 81 characters long. So you need a 27 sided dice, or need to do a LOT of dice rolls. Once you come up with a seed, ...

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1 answers
16 votes
162 views
How can I set up a cold storage?
Accepted answer
9 votes

It depends on what you define as cold storage. IOTA is stored on addresses in the Tangle. The Tangle is similar to Blockchain in that it's decentralized among all the users. Your Seed is merely a ...

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2 answers
1 votes
133 views
Given 0 token and 0 fee transactions, what provides value to the IOTA token itself (not the IOTA network)?
Accepted answer
8 votes

Here are some properties of IOTA: Scarce: has a finite limit Can be used to purchase things instantly and without fees: cheaper to make purchases for both buyer and seller, creating value over credit ...

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4 answers
8 votes
168 views
Why are microtransactions important or necessary?
Accepted answer
8 votes

Paying an annual or monthly bill requires a centralized accrual system, which often accrues billing fees. This is one potential example. Accruals and billing are made for humans to manage finances in ...

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1 answers
7 votes
110 views
What prevents a malicious node from receiving a transaction and, instead of relaying it, attempting to compromise the now-weakened address?
Accepted answer
7 votes

After one signing of a transaction, you reveal 50% of your key, but it's still astronomically impossible to crack. You need 2^256 tries on average after 1 signing, which is the same amount as SHA-256 ...

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3 answers
4 votes
80 views
What happens to my money if my phone is damaged?
Accepted answer
7 votes

Your IOTA are not stored on your phone, they are stored on the decentralized tangle. Your seed is your password to access your IOTA, anytime, anywhere. As long as you have your seed saved in a place ...

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2 answers
8 votes
56 views
What is IOTA trading off giving up Blockchain and adopting DAG?
Accepted answer
7 votes

The biggest perceived "downside" of Tangle as opposed to Blockchain is that the cost of decentralization requires PoW in every transaction as opposed to centralizing it with miners. Blockchain may be ...

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4 answers
15 votes
299 views
Will outsourcing POW ever be an issue?
7 votes

JINN is planned to be a $1 (or otherwise extremely affordable) chip designed for taking care of PoW -- keeping in mind that PoW doesn't become more difficult over time, JINN should theoretically be ...

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2 answers
6 votes
268 views
What is the goal of the Nash Equilibrium blog posts?
Accepted answer
6 votes

Here's my takeaway, and technical people please feel free to correct me: This blog post is about how every node can pick their own tip selection algorithm, which is the method by which they decide ...

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2 answers
5 votes
136 views
What's the deal with prefixes? Is Mi smallest amount that could be transferred?
Accepted answer
6 votes

What you are referring to as 1 Mi is 1 MIOTA, which stands for 1 million IOTA. 1 MIOTA is the standard traded amount of IOTA on exchanges, but the you can divide it into 1 million single IOTAs which ...

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1 answers
6 votes
79 views
Why is logging into the seed so slow?
Accepted answer
5 votes

It has been observed that the more addresses in your wallet, the longer it takes for your computer to retrieve all associated addresses from the Tangle. The new wallet should remedy this -- it will ...

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1 answers
7 votes
220 views
Spam Attack on the tangle worst scenario
Accepted answer
5 votes

The main two bottlenecks on the tangle are as follows: 1) The coordinator: currently, the tangle has a coordinator that ensures that the network isn't overwhelmed by a malicious attacker. Due to the ...

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2 answers
6 votes
517 views
Where does all Tangle data goes after a Snapshot?
5 votes

A snapshot is designed to reduce the size of the tangle to reduce memory burden on nodes. It does this by pruning historical addresses and transactions and saving a baseline of balances at the time of ...

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2 answers
5 votes
591 views
Transactions per second
Accepted answer
5 votes

I think you got something wrong there: 1-2 transactions per second is not the max amount of transactions possible, it's the amount of transactions people make. On the live tangle, we have seen ...

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2 answers
7 votes
135 views
How do I burn IOTA?
5 votes

There is no way to literally burn IOTA in such a way that the total supply is reduced. The only thing you can do is send IOTA to an inaccessible address. You have two options: 1) Generate a seed, ...

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2 answers
8 votes
968 views
What is JINN project?
5 votes

JINN is currently under NDA and doesn't release any information about its development. Here are some snippets of what we know about JINN via the developers on Slack: JINN is a low cost (target price:...

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1 answers
5 votes
61 views
Lost or wrong jotted seed - is it possible to withdraw IOTA?
Accepted answer
5 votes

No, if you have no access to the seed, it is impossible to obtain the funds. That is why doing what you did (sending test amounts) is a good habit.

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1 answers
3 votes
216 views
Mechanism used to Claim at risk addresses
Accepted answer
4 votes

The foundation has used snapshots in order to move at risk funds from vulnerable addresses to new addresses. A snapshot, currently, is completely manual, and is basically a database of addresses and ...

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3 answers
1 votes
286 views
Can I run a full node on Galaxy S8?
4 votes

First of all, I do not believe you can currently, software wise. Second of all, this would be a bad idea. Why? You need to ensure that your node is synced and online as much as possible in order to ...

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1 answers
4 votes
327 views
What are IOTA flash channels and how can users set them up?
4 votes

Flash Channels Flash is a bi-directional off-Tangle payment channel to enable instantaneous, high-throughput transactions. In essence, they provide a way for parties to transact at high frequency ...

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1 answers
3 votes
168 views
How to properly move funds from Wallet A to Wallet B without being exposed to security risks?
Accepted answer
3 votes

Sergey, there should be no serious risk. Here is a step by step process: 1) On Wallet B, generate a new address. 2) Once it is generated, send that address to the computer with Wallet A, via email ...

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1 answers
6 votes
55 views
Which transaction do I have to reattach?
3 votes

If they are all identical transactions, then it doesn't matter which one you reattach. Make sure to wait at LEAST one hour before reattaching.

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3 answers
5 votes
229 views
Can the IOTA protocol/network be adapted in the future?
3 votes

Nodes will have to update to the new IRI node software implementation that is released if there is some desire to change the protocol. As nodes are connected to neighbors, node operators who update ...

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