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> 2. > IOTA network relies on the “coordinator” > And it's planned to be removed in the future. It's very clear from reading the specs that there is no way fo
by andrewla 9y ago
> 2. > IOTA network relies on the “coordinator”
> And it's planned to be removed in the future.
It's very clear from reading the specs that there is no way for IOTA in its current form to exist without a coordinator.
The heuristics for tip selection depend on things that are inherently vulnerable to Sybil attacks. Proponents consistently argue that network topology will prevent double-spend attacks, but there's no question that it is easy to create incompatible sub-tangles that are not mutually reconcilable, which will result in the same situation anyway.
I love most of the design of IOTA, including the admittedly somewhat ridiculous use of balanced ternary, and especially the use of one-time signatures, but under the current scheme there is no path to transitioning to a decentralized censorship-resistant scheme.