Karuma

Developer, Traveller, Crypto Fan. Interested in Rust, 3D, VR/AR, IOTA, Blender, Generative Art and other things... 🦀📱🕹️🍺🐪🐈

[Karuma @karuma303]

ONE WORD (Ed.2) will be released on #fxhash on saturday, 04/17/2024 with fx(params) support
#nft #genart

[Karuma @karuma303]

@thenetninjauk Hi Shaun. Could you please consider also posting on bluesky? There's already a vibrant community ;)

[zmb @z_m_b]

In consultation with @Schmucklos_, I am posting his statement regarding the current development at $IOTA here, which I endorse 1:1:

"@Schmucklos✨ on Telegram, [18.11.2024 15:26]
Schmucklos-less IOTA

From the vision of a “truly” disruptive DLT to another run-of-the-mill DLT.

The IOTA Foundation's ominous 'Secret Project' turns out to be - as already feared - a complete departure from the Tangle. No matter how you describe it, the new IOTA REBASED is based on a copy of the SUI-DLT. Years of research and development, including various audits and successful proof-of-concepts by various entities, are being jettisoned in order to introduce the L1 move smart contracts favored by the smart contracts task force to IOTA 'as soon as possible'.

IOTA 2.0 with the OTV Mana consensus has already been running stably in the testnet for months. However, no L1 smart contracts can be integrated into the Tangle (unordered DAG) in the foreseeable future. The SUI-DLT, on the other hand, is based on an ordered DAG and enables exactly that. Since they have apparently 'fallen in love' with SUI's move smart contracts, this now means a complete departure from their own developments of the last almost ten years - towards a fork of the SUI-DLT.

For me, the vision of a scalable, energy-efficient Feeless Data Trust layer (data separated from fees) was always the most important USP. This approach enabled various applications (data marketplaces, sensor queries, etc.) where fees would have made usage complicated and unprofitable. The Feeless DLT vision, which differentiated IOTA from all other projects, was the sole reason for my years of enthusiasm - and from my point of view, IOTA had only one chance on the market with its tight budget: a revolutionary technology with clear advantages over other solutions.

The revolution has now failed to materialize and, in my opinion, IOTA has also lost its purpose with the loss of its unique USP. The IOTA-SUI edition currently seems to me to be just another DLT among many. Worse still, it is just a copy of one DLT among many. There is no question that the SUI technology with its move smart contracts is technically very good, and some aspects could possibly even be improved. Nevertheless, for me, the newly emerging 'SUIOTA' construct no longer has anything to do with the original, revolutionary idea of IOTA.

The last spark of hope has now also gone out for me. Over the years, we have swallowed many bitter pills, including increasing the maximum token supply - and only because the goal was clearly formulated at the time. This time, however, I really feel completely screwed. Above all because the community has once again not been involved in the considerations for changing the technical direction since February/March. On the contrary: the truth has been withheld from us for months, and IOTA 2.0 has continued to be shamelessly advertised as the upcoming solution. I have finally had enough of this constant stalling, the lack of planning and the secrecy - or rather, the mendacity. Despite all the assurances of recent years, there is once again no sign of the often-promised transparency or decentralized thinking. After almost a decade in the cryptospace, the management team has clearly learned nothing at all. IOTA has been one of the biggest laughingstocks in the space for years - and is now once again putting on its own clown nose.

Of course, IOTA SE (SUI Edition) can also become a successful model - nobody can say that for sure at this point in time. But my years of enthusiasm and the last remnants of trust have now unfortunately given way to skepticism.

Why should anyone base their project on a copy when the original has been running flawlessly for a long time? Just because of the “currently” perhaps better tokenomics, or the additional EVM support? That's not enough for me personally, especially as the SUI team is not sleeping either and will adapt its protocol as required. IOTA is also launching its copy on scorched earth and with trust close to zero - who wants to build or invest in IOTA in the future with this disastrous track record?

In contrast, the original SUI ecosystem already offers all conceivable applications for which fees are acceptable. In addition, SUI is backed by strong investors such as Andreessen Horowitz (a16z), Binance, Coinbase and Circle and supported by an experienced top team. Which of the two DLTs would a new project choose - a copy of a repeatedly failed, erratic team without secured funding or the original with the concentrated expertise of in-house development, a long-term plan (incl. roadmap), a war chest of gigantic dimensions and the support of the biggest players in the cryptospace? Planning security and technical and financial support for new projects are much better at SUI. At the moment, I can't think of a single reason why a new, serious project should decide against SUI and in favor of IOTA SE. In my opinion, IOTA has also proven several times that it is not a reliable partner. Today people are 'excited', and tomorrow nobody will be interested in yesterday's chatter.

By the way, we can save ourselves a vote. We all know who ultimately holds the power of the vote and who has used it in their own interests in the past. In addition, a vote should have taken place before many months were invested in copying the SUI-DLT.
So, I just had to get that out. Of course, not everyone has to share my thoughts or agree with them, but I just wanted to address a few things publicly before the whitewashing really takes off."

#IOTAdiedToday

[Karuma @karuma303]

game over here!
come to the other social media app everybody is talking about ;)
-> @karuma303

[Game From Scratch @gamefromscratch]

Affinity keep going after Adobe HARD! How hard?

Get all 3 of their products... Affinity Designer (Adobe Illustrator alt), Affinity Photo (Photoshop Alt) and Publisher (InDesign/Publisher alt)... completely FREE for 6 months. Full versions, no strings!

https://t.co/vRjajz0r00

[Karuma @karuma303]

@tom5005257650 @iota @SusanneKrone @0xSouvlaki @PhyloIota Genau DAS frage ich mich auch seit einigen Wochen!

[Karuma @karuma303]

@justmarvg @verge I had the same situation when I cancelled my subscription a few years ago. They are gangsters and it's about time they get sued for this behaviour!

[Karuma @karuma303]

@erindale_xyz The book was so excellent that it was perhaps impossible to make a good movie out of it. I remember my disappointment when I came out of the movie theater

[Jarred Sumner @jarredsumner]

Bun v1.1.11 will ship once release notes are finished

[Karuma @karuma303]

@DEXYNTH @iota @shimmernet There's a typo in the image. Should be Quantum-Resistant - not Resistan ;)

[Karuma @karuma303]

Minting of fx(hash) creations from farcaster frames. Great news!

[punevyr @punevyr]

g l y p h
on @fx_hash_ and @farcaster_xyz using frames
thursday, april 25 @ 11am est
Free // open edition for 7 days
https://t.co/B5Csm8ekGd

[Karuma @karuma303]

@c_varley Sound great!!! 👍

[Karuma @karuma303]

waiting...

#IOTA / unofficial/ fan-art

[NftGardenArt - CollectiMiner @NftgardenArt]

Just #collecting this really beautiful #nft in #fxhash made by @karuma303 and @oliverhan_ https://t.co/QbloxNX5dx #generativeart #genart #codeart

[Karuma @karuma303]

@NftgardenArt @oliverhan_ glad you like it 😊
after being absent for almost two years I will release something new on #fxhash on saturday!
https://t.co/XHyrbZbgLL

[Karuma @karuma303]

Working on "ONE WORD (Ed.2)"
This time with FxParams integration 🤩
Release on #fxhash soon...
#genart #nftart

[Karuma @karuma303]

@dikko_man @Vrom14286662 Merkt nur kaum einer von den noobs 😉

[Karuma @karuma303]

@Mansagte @Vrom14286662 Genius move by a super genius leader 🤣

[Karuma @karuma303]

@withlovecoups @ditjen_imigrasi Nope, that did not work for me. But I got my Visa Extension now and it is visible on the 'extend' page. There's obviously a lot of problems with the molina website right now and I cross my fingers that the government can fix these issues