Re:MIT Media Lab's concerns about the cryptocurrency IOTA
by UncleEntity on Thursday December 21, 2017 @05:40PM
(#15983530)
> people have an abundance of computational power and can process IOTA transactions
On IoT devices?
Plus they state that having to participate in the network as a full node (fridge using 99% of your bandwidth) is also a "fee" in this context.
> ...for no other reason except to discredit the IOTA devs
They seem to be doing a fine job of that on their own -- reading the linked page where people can't recover their coins (plus having to jump through a bunch of hoops) because they were focused on unrelated projects seems bad.
On IoT devices?
Plus they state that having to participate in the network as a full node (fridge using 99% of your bandwidth) is also a "fee" in this context.
> ...for no other reason except to discredit the IOTA devs
They seem to be doing a fine job of that on their own -- reading the linked page where people can't recover their coins (plus having to jump through a bunch of hoops) because they were focused on unrelated projects seems bad.