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1. The attack the MIT team developed on IOTA was a way to efficiently brute force wallet key combos to forge transactions of funds. 2. Every other cryptocurren
by 0wing 9y ago
1. The attack the MIT team developed on IOTA was a way to efficiently brute force wallet key combos to forge transactions of funds.
2. Every other cryptocurrency has implemented the seed generator as it's the most basic and fundamental feature necessary for this type of software. It's so trivial to implement, it really begs the question of why the IOTA team didn't just include it in all their software releases.
3. The comment CEO David Sønstebø was directly replying to was just commenting on how confusing the software is compared to other cryptocurrency wallets:
I know it sounds simple newb mistake, but even me I
probably would have made that mistake and having been
using crypto for a while.
So to sum it up don't use same receive address in IOTA.
I'll try to burn that in the back of my brain.
To add insult to injury regarding the OP who lost $30,000, it sure sounded like David was indirectly referencing that users loss with his response to the above comment
"Price to pay for quantum security :) " - David Sønstebø, IOTA CEO