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A comment on Iota cryptocurrency shuts down entire network after wallet hack. Parent comment

Re:Iota cryptocurrency shuts down entire network after walle... by schmichael on Monday February 17, 2020 @12:10PM (#22349023)
The tangle may be novel because it's useless for a distributed ledger: thus far IOTA has relied on a centralized coordinator.

The tangle, like trits and many other IOTAisms, appear to be the perfect basis for a scam: too complicated for non-experts to fully understand yet just enough plausibility to sell it.

Even if the creators were not conciously trying to create a scam, so far it has been indistinguishable from one.

(I'm interested in a peer review of tangle as just searching for it only uncovers page upon page of marketing drivel.)

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Re:Iota cryptocurrency shuts down entire network after walle... by bawolff on Monday February 17, 2020 @09:36PM (#22352968)
I was also trying to find actual info. https://iota.org/IOTA_Whitepaper.pdf is the closest i found. Its still a bit annoying and meandery but its much better than the rest of their marketing drivel.
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