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The problem is not that they rolled their own crypto. I mean that is a problem, but it's not the problem. The real problem is that these people have a substanti
by matthewdgreen 9y ago
The problem is not that they rolled their own crypto. I mean that is a problem, but it's not the problem. The real problem is that these people have a substantial degree of control over the IOTA network (centralized coordinator, control of wallets and clients, access to funds), and their actions and words are not those of a competent, reasonable technical team. They're at best bizarre. There are real people who have invested a ton of money into this currency, and they stand to be really hurt if this blows apart.
- lurr 9y agoDoes it matter if you can arbitrarily duplicate hashes?
- neuralcorrelate 9y agoThey have no control of wallets and clients or any access to funds. What brought you to believe this?