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Some of the points of the article, albeit not new, still stand. The coordinator and the evident immaturity of the network as well as the tech are off putting. A
by redka 9y ago
Some of the points of the article, albeit not new, still stand. The coordinator and the evident immaturity of the network as well as the tech are off putting. At the same time I feel like this write-up, and also a lot of the attitude here on HN, is too harsh, borderline deceiving. The first quote is backed by links to two articles by IOTA team members. The response conveys the notion that David intentionally mislead the readers into thinking that IOTA is formally partnering with the companies he, as the source article reads, presents as merely participants. The word partner is casually used by the representatives of the participating companies and that's what the other linked blog post explains - it's not an admission of wrong-doing as the author suggests.
The third response is also something of a rather unfair nature. By nitpicking to the concept of free transactions the article accuses IOTA team of deceptive practices. The response seems like it's trying to not only downplay the significance of zero-fee transactions but to event present the current model as the better thing - a notion that seems preposterous considering the actual dollar value of current bitcoin transaction fees.