I knew this coin would be a disaster, especially after the "tangle" issues and h...

101404 · on Feb 17, 2020

Only that it had nothing to do with "the coin" but with NPM and its chaotic dependency system.

What's bad about the tangle? Its like hundreds of interwoven blockchains. Pretty good idea. GIT too uses a directed acyclic graph.

bawolff · on Feb 18, 2020

Bitcoin also uses a DAG (albeit in a trivial sense), so umm?

Skimming through the info on the tangle, concentrating on its dagness seems superficial (is it even one? They talk about merging nodes a lot which sounds like cycles to me EDIT: ignore this aside). Anyways, things like this should have security proofs (or at least arguments) and maybe it does, i havent read enough in depth to know. But if it doesn't i would say the skepticism is very well warranted

101404 · on Feb 18, 2020

No, Bitcoin uses a simple chain, one after the other.

GIT, as you may know, has branches. IOTA in a sense, does too, a lot of them.

And again, this incident was caused by a Nodejs/NPM package, not by the IOTA tangle or protocol.

hansvm · on Feb 18, 2020

Not sure, but I think the parent comment might have been pointing out that all chains are also DAGs.

akerro · on Feb 17, 2020

It doesn't matter. IOTA isn't a cryptocurrency, but a decentralized messaging platform. Coin is a funding mechanism, it's more like matrix.org on financial steroids, rather than bitcoin.

duskwuff · on Feb 17, 2020

Can you name any applications that are using this "decentralized messaging platform"? Or point to any technical demonstrations of its capabilities?

alfiedotwtf · on Feb 18, 2020

"decentralized"

> the IOTA Foundation shut down "Coordinator,"

FIFY: centralized

bawolff · on Feb 18, 2020

Lol "on financial steroids" you say that as if it sounds like a good thing.