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Email exchange between MIT Media Lab and the IOTA Foundation [pdf]

tangleblog.com

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Re: Email exchange between MIT Media Lab and the IOTA Foundation [pdf]

#91

Post by Asdfbla »

mbgaxyz wrote: post #44

Interesting to see the range of opinions about IOTA. The conclusions on HN are (so far) completely at odds from those on the cryptocurrency subreddit: https://www.reddit.com/r/CryptoCurrency/comments/7zztey/full... Meanwhile the commercial world seems happy to engage with IOTA: "Volkswagen CDO will join the supervisory board of the IOTA foundation. And now, Volkswagen is going to utilise this technology in their auto…

Why do you think companies jumping on some hype train is indicative of much at all? For Bosch, for instance, it was the VC part of the company making an Iota investment - I'd say investing in unproven tech is their thing. Deployment in actual products would be something else.

Also, it seems logical at this point to disregard anything coming out of the cryptocurrency subreddits. They drink their own Kool-Aid.

Re: Email exchange between MIT Media Lab and the IOTA Foundation [pdf]

#92

Post by rkagerer »

That was a painful read. Considering the amount of money invested into this coin, someone should have coughed up travel expenses to get these guys into a room together for a few days so they could more efficiently clarify themselves to each other, maybe establish a bit of trust and rapport from working alongside each other on a problem, and reach consensus as to what facts and opinions they agree on vs. what is in dispute. I would have loved to see some of that energy they spent fretting over optics instead put into solid engineering work.

Just my two cents. Most of this is over my head as I'm not by any means a cryptography expert.

Re: Email exchange between MIT Media Lab and the IOTA Foundation [pdf]

#94

Post by tmz »

hatsunearu wrote: post #9
hguhghuff wrote: post #6

Without reading reams of stuff over my head, why is this interesting?

Basically they are claiming one of the core primitives to make IOTA work as a secure cryptocurrency is fundamentally flawed. Haven't read enough but if this is what it sounds like, it means IOTA needs a major rework. I mean what did you expect from a weird shitcoin that uses trinary arithmetic (really?) for no good reason. edit: letter #11 says "shit's fucked, yo".

Actually, Iota already had the rework you are demanding, months ago.

You should start reading at #76. It is a fast read.

Re: Email exchange between MIT Media Lab and the IOTA Foundation [pdf]

#95

Post by tmz »

amenghra wrote: post #84

The first time I heard about IOTA was when I read https://shitcoin.com/iota-cannot-be-used-for-iot-loss-of-fun... It’s a fun read and you’ll probably end up unimpressed to say the least.

Maybe you should also read https://twitter.com/ShitcoinDotCom/status/965910847645212672

It is from the same author

Re: Email exchange between MIT Media Lab and the IOTA Foundation [pdf]

#96

Post by nootropicat »

mbgaxyz wrote: post #44

Interesting to see the range of opinions about IOTA. The conclusions on HN are (so far) completely at odds from those on the cryptocurrency subreddit: https://www.reddit.com/r/CryptoCurrency/comments/7zztey/full... Meanwhile the commercial world seems happy to engage with IOTA: "Volkswagen CDO will join the supervisory board of the IOTA foundation. And now, Volkswagen is going to utilise this technology in their auto…

That IOTA team is good at marketing but IOTA itself is worthless.

Re: Email exchange between MIT Media Lab and the IOTA Foundation [pdf]

#97

Post by bringtheaction »

raitucarp wrote: post #39

I'm curious, is the date header important or not? OMG, Is this a real conversation? Even this tweet from the tangleblog who leak this document is hilarious: https://twitter.com/tangleblog/status/966286394636296192

Does journalistic source protection actually apply to any random blog?

Re: Email exchange between MIT Media Lab and the IOTA Foundation [pdf]

#98

Post by pimeys »

sova wrote: post #74
mbgaxyz wrote: post #44

Interesting to see the range of opinions about IOTA. The conclusions on HN are (so far) completely at odds from those on the cryptocurrency subreddit: https://www.reddit.com/r/CryptoCurrency/comments/7zztey/full... Meanwhile the commercial world seems happy to engage with IOTA: "Volkswagen CDO will join the supervisory board of the IOTA foundation. And now, Volkswagen is going to utilise this technology in their auto…

IOTA actually has status as an NGO in Germany which gives them a lot of credibility (clout?) and therefore companies are intrigued to start deals, but as an amateur cryptographer I must say that having hash derivatives leaking through your hash function [which has been known for a long time actually with IOTA!] is not the way to make a bulletproof currency. Coverups sadly don't make the protocol more robust, either,…

Don't take this as a source of truth, it's just my gut feeling, but:

Germany is lacking behind in tech, and the country is putting lots of bets to their car industry, the Volkswagen scandal not helping there. Now there is this new thing called cryptocurrency and one of them comes from Berlin. I don't know is it just me, but it's not that hard to start speculating why these big German companies want to announce themselves to be working with a Germany-based cryptocurrency.

Re: Email exchange between MIT Media Lab and the IOTA Foundation [pdf]

#99

Post by C4K3 »

cjbprime wrote: post #26

This is being leaked with the agenda of purporting to show malfeasance from MIT DCI, but if anything shows the opposite, in my opinion.

/r/iota sure seems to believe that's what it shows. One comment with 20 upvotes:

> I read the emails and it seems to me that Ethan doesnt understand what theyve done in IOTA or has very different way of interpretting what they have done aka hes trained by a textbook and if you deviate from textbook its wrong bla bla. I think come_from_behind is and will continue to run laps around these University morons

https://www.reddit.com/r/Iota/comments/8016uc/debunking_the_...

Re: Email exchange between MIT Media Lab and the IOTA Foundation [pdf]

#100

Post by vertex-four »

curuinor wrote: post #62
Jedi72 wrote: post #61

I made a post on the Iota subreddit which supported the MIT team, removed 30 minutes later. It honestly terrifies me how easy it is to manipulate discourse online - there are many other posts calling the MIT team frauds and the general tone is that Iota were saints defending against corrupt evil cryptography researchers.

back when something awful and metafilter were comparatively big, much of the impetus for the paywalls they put on registrations was to structurally prevent the possibility of this sort of thing. worked fine, although those two communities themselves are pretty moribund. it would all be solved forever and anon with a paywall. 5 mao men, botheads, shilling, you would raise the cost to them by orders of magnitude (steal…

The problem isn’t “bots”. It’s the moderators of these forums. You’ll always find a core group of people willing to believe almost any scam, but putting them on a forum where critical discussion is banned by the moderators is where things go wrong.
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