Questions tagged [asktheexperts]
6 questions
2
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What are the exact steps that are happening until a value transaction is completed
Could you describe how exactly are (value) messages now executed in the new network? So from issuing from one address until arriving in a new address?
As a lot of things will change in the new network i would like to get an updated understanding of…
Phylo
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State channels in IOTA
I'm looking to implement an application like video streaming, in which a user can pay at max a price X depending on how much of the video he has watched. I think this logic is implemented in Bitcoin by state channels. Is there a similar mechanism in…
Nikos Iliakis
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How are seeds, profiles, accounts and address balances handled in the new UTXO Ledger in Firefly?
As this question comes up a lot - how does the new UTXO Ledger model work? - also in relation what is implemented in Firefly? How does the Firefly wallet keep track of the funds that belong to a profile? My understanding is this: A profile…
Phylo
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1
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1 answer
Optimal Mana Decay Time
A node can get mana from the node owner IOTA and mana from processing other people's txs.
The decay time mostly influences the second mana source as you can just resend your own IOTA again.
What thoughts/factors go into optimizing this decay time?
M.R.
- 21
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What is the most exemplary explanation of the difference between the consensus algorithms in blockchain and IOTA?
in brief (if possible) what is the layman explanation of the difference between the different consensus algorithms in blockchain and IOTA?
How would you explain how IOTA is e.g. more efficient compared to PoW or PoS?
Thanks
Antonio Nardella
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