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1/ I made up the backronym LOLCATS for checklist of minimum qualifying capabilities for a minimally complete IoT system.
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3/ Open peering: System must be open and IP based: anyone can add an edge node/client (Pachube Geiger counters, Uber fail the test)
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4/ Latency: There must be a meaningful latency constraint at least comparable to an MMO for a node to participate usefully in the system.
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