Have u seen this guys?

Have u seen this guys?

> Coinbase patent mentions IOTA
> There is no reason for it to mention IOTA if it wasn't on their close radar
> All other mentions are already listed

worldwide.espacenet.com/patent/search/family/069883523/publication/US2020097953A1?q=pn=US2020097953A1

wdyt biz?

Attached: IOTAsoononCoinbase.jpg (1024x512, 221.12K)

I'm all in

Let's fucking go.
Smart money is IOTA.
Literally the black swan that will take over all the other shitcoins. ZERO FEES, indefinite use cases will pop up because of this single fact.
Plus the protocol is way too modular, you can literally add everything to it. Smart contracts, oracles, sharding, etc. pp.
LET'S FUCKING GO Zig Forums

nice find OP
reading over it now

Zero fees is what makes it so compelling
If this coinbase patent is true i need to buy more

Indeed. People had enough paying hundreds of dollars into gas fees for no fucking real reason.
IOTA will change that. Also IOTA had a lot of new patents popping up everywhere lately. There's a huge amount of progress going on under the radars of the masses. We have to keep a close eye on it or we will miss out big times.

They are just waiting for Chrysalis Phase 2 for resable addresse as many other exchanges.
MOON SOON

MONSOON MOON SOON!

Great find. Where have you been since march 2020?

Fuck off, shills. I'm not selling my stinkers for your refugee scam. Thread is reported and hidden.

Seethe more discord tranny faggot.
Get lost. IOTA always has been on Zig Forums first than your little shitstink tax haven fat russian scam. Your bubble will explode soon enough.

>ZERO FEES
How is the network insensitivized?

holy shit its real

Im in thanks

Running nodes on IOTA is pretty cheap and very easy to do.
The end-goal of IOTA is to have millions of nodes similar to how we have wifi hotspots everywhere which are basically free for use.
The incentivize is having ZERO FEES. The industry will be the first to have a lot of nodes, when the tech matures even more (see ST Microelectronics building hardware on the IOTA protocol) there will be even more ways to set up nodes very cheap.
Plus you have stuff like the mana system where you need IOTAs to have throughput in the network. Similar to staking in ethereum but without the chance for centralization since mana depletes after a time of inactivity. Think about videogames here regarding mana.

looks good and iotas network upgrade is coming
simple math, need to buy

>Is this a clue blocking a significant portion of text
What the fuck are you thinking OP?

Just check the link I added & search for IOTA

>The incentivize is having ZERO FEES
So basically, the insentive only exists for an organisation to run a node to save money over the use of legacy systems? Is there any intensive for a random person to run a node like in blockains?
And what gives the token value exactly?

The token has a variety of different use-cases.
For example, look at jaguar land rover, they already have pilot projects going where they have implemented an IOTA Wallet into their cars which are connected to sensors that will automatically earn IOTA Tokens for you aka money while driving around the streets.
IOTA just has a lot of different use-cases basically with their token since with zero fees you can do a lot of shit that wasn't possible before.
IOTA will also have colored tokens but unlike in Ethereum, you can't create them out of thin air so you also need to have IOTA Tokens to be able to color them into something different, like digital assets or anything you can think of.
Also, there will be the data market place very soon by TM Forum the biggest telecom conglomerate in the world with over 2 TRILLION revenue each year and 850 members which all will use the IOTA Protocol with the token, so yeah a lot of reasons the price of the token will rise.

The worth of the token comes form the data it's used to collect or how does that work exactly?
So colored tokens are analogous to ER20, except that you have to use up ETH to create them?

You just color normal iota's into something different. You give them basically a new hash function. Remember one miota is 1 million iota's in the end. So a lot of iota's around there to be used. You can always "uncolor" the iota token if you want though but wouldn't make much sense in most cases since colored tokens will probably will be worth more than 1 single iota.
And yeah, data transfer is one of the biggest points for IOTA since you can also do zero value transactions etc.

Everyone already knows the posters in here is mostly the same perrson.

Vertcoin is a Reddit coin
Nano is a Reddit coin
IOTA is a Reddit coin

See the similarities? They all are worth nothing and in the end it showed.

To be frank - most of IOTA threads are being blocked and banned on /CC
You are talking nonsense

Holy...can you guys spell. It's "incentive" not "incentivize" nor "insentive".

Are you for real? It's "incentivize", I dunno where you're from but you are wrong, lmao.

What are you even saying? Sorry I dont speak faggot

Yeah if you use it as a verb...

If a word is preceded by an article it is a noun. Incentivize is a verb. Incentive is a noun.

Yeah okay, I misworded in that regard. I read his sentence like "incentivize" isn't correct at all.
My bad. Didn't know Zig Forums is all about correct grammar when 50% of bizlets are pajeets though, lmao.

Let's say someone colors a set of tokens for a project that people buy into. The project ends up failing. The owners of these colored tokens can convert them back and basically retrieve their value?
>muh spelling errors
Imagine caring about this, you pedantic cunt.

1 colored iota could be colored into 1 FAKECOIN in that case - if that FAKECOIN would fail you could just de-color it and have 1 iota

keep in mind that 1 iota is not worth much though - exchanges use 1 MIOTA as unit
this is 1 MILLION IOTA

That was before it broke and gave everyone’s money away user. It’s dead now.

Reusable adres is where its at. Money cant be anonymous ever anymore. Once they can track the money it is moonsoon

If he owns most of those colored tokens he could, technically but the thing is for example if you hold most of those failed colored tokens you can still get some money back by reverting them to native iota tokens. You mostly get no money back at all if you hold ERC20 Tokens which failed hard since they're made out of thin air. So you still get some value out of it in the end I assume.

>IOTA IS DEEEEEEEEED
Iota is alive as never before.

I mean, what if I create SCAMTOKEN69 and release it at 1 SCAMTOKEN69 = 1 iota. Wouldn't it be the case that the price cannot go down from there? It can only go up or remain the same, eliminating all risk?
>if you hold most of those failed colored tokens
Can you not convert an arbitrary portion of said token?

Yes but 1 i is worth $0,00000037 currently
so its not like u would not lose money assuming that your colored token is worth way more

Thanks for the warning guys

>I mean, what if I create SCAMTOKEN69 and release it at 1 SCAMTOKEN69 = 1 iota. Wouldn't it be the case that the price cannot go down from there? It can only go up or remain the same, eliminating all risk?

From my understanding that would be the case, yes.

>Can you not convert an arbitrary portion of said token?

In theory, you could but that would be pretty much retarded because you would lose money by doing that in most of the cases at least.