3 ms·
> The subtangle with the highest weight. Which is not an acceptable answer, at least from the perspective of an offline node accepting payment. People will exp
by phire 9y ago
> The subtangle with the highest weight.
Which is not an acceptable answer, at least from the perspective of an offline node accepting payment. People will exploit it by paying an offline vendor, taking the goods then rushing online to create a doublespend which reverts the transaction.
So offline vendors will never accept it as payment, and the entire feature is useless.
- lojack 9y agoWho said anything about offline nodes accepting payments? I wouldn’t expect transactions to even be remotely possible offline.
- ThePhysicist 9y agoIn my understanding, the ability to make transactions on a sub-tangle while not connected to the main network is sold as one of the main advantages by the IOTA creators.
- CyberDildonics 9y agoIOTA seems filled to brim with red flags to me, but where does the expectation come from that you can use electronic money offline? You can't do it with credit cards, people will generate fake numbers. You can't do it with bitcoin, someone can double spend with a higher fee.