The response has been even more worrying.
Anyone who questions gets banned from Slack. Genuine questions/concerned comments are deleted.
The code was alledgedly 'planted' there by Come from Beyond to prevent code theft/copying - yet IOTA have made a huge song and dance about being open source - being non-profit to encourage corporate intergration.
An 'eco-system fund' that is offers $10,000,000 to get projects involved in the protocol. That security was compromised from the inception this seems rather sinister.
The 'currency' is currently run from a master node in no way decentralized. The wallet is a complete disaster. I have coined a new phrase for Dom's marketing - DUF - distributed unverified favor. information consists solely as leaks, that cannot be discussed ie Volkswagen, Ford, Bosch, Innogy, Cisco, All these names are 'out there' but cannot be discussed..
In his roof top speech he talk's almost delight at being an eBay scammer and blocked from Paypal. This attitude of disdain towards the 1000's or customers and investors that have put substantial money and faith in him has only increased. He does not give one fuck.
Come from Beyond has a murky past with writing back doors into outher projects he has been involved in.
Dom say's that nobody's funds were ever at risk - well why build a back door in the first place. CFB say's it was built to deter copy cat's and was 'impossible' to find without extensive analysis - MIT think differently.
If ever a project needed trust, and transpanecy it is one that foregoes the blockchain and miner verification.
In the best light it looks utterly imcompetent in the worse a failed attempt at a criminal enterprise.
The listing solely on Bitffinex also looks like complete insider trading - Incredible volumes that could only be achieved by an in house 0% commision API.
It's really the biggest disappointment of the summer. I think David S had produced some truely novel and utlitarian code. I believe it was maligned by other actors - the evidence is massive - almost enough for a magazine article. Jeremy Epstine shouts Conspiracy/libel across Medium - Later we learn there is a conspiracy and the MIT researcher is refered to in extremely derogatory terms.
I really, really hope someone can rescue this technology.
DEVs dumping before answering thaths why scam ain't answer investors quistions straight scam unlike lisk innovation coin in the exchangers unlike iota