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The "never create your own crypto" meme is a destructive one. There are many cases where existing algo's will not fit the purpose and one needs to create a new
by cyphunk 9y ago
The "never create your own crypto" meme is a destructive one. There are many cases where existing algo's will not fit the purpose and one needs to create a new one. Most often this is required in mediums where resources are constricted. From personal experience new-brew crypto was often unavoidable in broadcast conditional access systems. I'm not saying this to defend IOTA crypto, at all. I am saying it because HN is full of genuine crypto profs and experts repeating the no new algo meme and lynch mobbing anyone that disagrees.
- bitxbitxbitcoin 9y agoDoes HN prefer the never say never meme?
- wpietri 9y agoSure. The common wisdom matches common situations. For people who aren't experts, I would much rather have that rule than not. Experts know when to break the rules.