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Topic: IOTA is a scam! It is not decentralized like promised. - page 2. (Read 2172 times)

sr. member
Activity: 1470
Merit: 325
IOTA has presented the tangle. Did you know the truth about the tangle.

The tangle is very restricted at the moment. The network runs mainly
through the IOTA coordinator. It means it is like ripple. The
tangle is only an illusion.

David Sonstebo told this here: https://youtu.be/T2FJ9hH66b8

https://medium.com/@ercwl/iota-is-centralized-6289246e7b4d

All unplausible transaction are filtered by the coordinators.
Like e.g. after a hacking attack.

The dream was to nice to be truth. It is just a fake.

Do you still believe in IOTA.

It is planned that the coordinators are switched off any time in the future.

But for me I think the tangle is not stable and the coordinator can not be
switched off.

Today they have a marketcap of about 1 billion. But when they want to test
the alpha or beta state of the decentralized chain. probably they are
waiting for a market cap of 5 billion or so. Then the developer sells the most
part of the wallets before the beta test starts.

If the tangle is not stable and hackable everything is lost. Now enjoy your coins!  Sad




is bitcoin decentralised?

= no its not, its controlled my miningpools that split it, and a media network that propagades it

is ethereum decentralised?

= no its not, vitalik buterin controlls it.

is deeponion decentralised?

= also not its run by the tor group

fazit = there is only the illusion of decentralisation, if something is created decentrally its success will centralise it again

thats how i see it.

regards
member
Activity: 140
Merit: 11
Thank you for +Merit
IOTA has presented the tangle. Did you know the truth about the tangle.

The tangle is very restricted at the moment. The network runs mainly
through the IOTA coordinator. It means it is like ripple. The
tangle is only an illusion.

David Sonstebo told this here: https://youtu.be/T2FJ9hH66b8

https://medium.com/@ercwl/iota-is-centralized-6289246e7b4d

All unplausible transaction are filtered by the coordinators.
Like e.g. after a hacking attack.

The dream was to nice to be truth. It is just a fake.

Do you still believe in IOTA.

It is planned that the coordinators are switched off any time in the future.

But for me I think the tangle is not stable and the coordinator can not be
switched off.

Today they have a marketcap of about 1 billion. But when they want to test
the alpha or beta state of the decentralized chain. probably they are
waiting for a market cap of 5 billion or so. Then the developer sells the most
part of the wallets before the beta test starts.

If the tangle is not stable and hackable everything is lost. Now enjoy your coins!  Sad


This is a non-working system, but only a project. And the project has great potential.
member
Activity: 94
Merit: 10
Calm down, man! I am pretty sure everything will be all right in the end. It is a revolutionary technology. The guys are creating a lot of connections with the industry right now to make sure IOTA will be used by in every possible device.
full member
Activity: 224
Merit: 100
******yawning******

Old news... They are probably stale with some fungi.
newbie
Activity: 68
Merit: 0
IOTA has presented the tangle. Did you know the truth about the tangle.

The tangle is very restricted at the moment. The network runs mainly
through the IOTA coordinator. It means it is like ripple. The
tangle is only an illusion.

David Sonstebo told this here: https://youtu.be/T2FJ9hH66b8

https://medium.com/@ercwl/iota-is-centralized-6289246e7b4d

All unplausible transaction are filtered by the coordinators.
Like e.g. after a hacking attack.

The dream was to nice to be truth. It is just a fake.

Do you still believe in IOTA.

It is planned that the coordinators are switched off any time in the future.

But for me I think the tangle is not stable and the coordinator can not be
switched off.

Today they have a marketcap of about 1 billion. But when they want to test
the alpha or beta state of the decentralized chain. probably they are
waiting for a market cap of 5 billion or so. Then the developer sells the most
part of the wallets before the beta test starts.

If the tangle is not stable and hackable everything is lost. Now enjoy your coins!  Sad

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