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Re:IOTA: Cannot be used for IoT, loss of funds may occur by abrkn on Friday February 09, 2018 @11:49AM (#16341702)
They've had some other scandals too! "Emptied IOTA Wallets: Hackers Steal Millions Using Malicious Seed Generators"[1]

[1] https://www.ccn.com/a-number-of-iota-wallets-emptied-by-hack...

Re:IOTA: Cannot be used for IoT, loss of funds may occur by elevaet on Friday February 09, 2018 @03:06PM (#16343421)
Well that's what happens with any digital currency if you share your private key with a malicious party.
Re:IOTA: Cannot be used for IoT, loss of funds may occur by gsich on Friday February 09, 2018 @12:58PM (#16342342)
That's not IOTAs fault.
Re:IOTA: Cannot be used for IoT, loss of funds may occur by bjl on Friday February 09, 2018 @01:04PM (#16342408)
It kind of is, since this functionality should've shipped with the wallet, like it does with every other crypto.
Re:IOTA: Cannot be used for IoT, loss of funds may occur by generalizethis on Friday February 09, 2018 @03:38PM (#16343632)
They've never been focused on P2P and have made that clear to users--obviously they didn't hear, "Be your own bank." when that was said.
Re:IOTA: Cannot be used for IoT, loss of funds may occur by davidgerard on Saturday February 10, 2018 @07:56AM (#16347111)
It kind of is, given they put a link to it in their subreddit's sidebar.

The key problem is that IOTA's incompetence is pervasive. e.g. https://hackernoon.com/why-i-find-iota-deeply-alarming-934f1...

Re:IOTA: Cannot be used for IoT, loss of funds may occur by izelkay on Sunday February 11, 2018 @11:58AM (#16353433)
That is a blatant lie. No malicious online seed generator has EVER been in the sidebar on /r/IOTA. In fact, the lead moderator warned months ago not to use the iotaseed generator.