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Cryptographers Urge People to Abandon IOTA After Leaked Emails

spectrum.ieee.org

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Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#31

Post by loxias »

boreas wrote: post #6

As an aside, is there anyone else extremely disappointed with the quality of discussion over at /r/cryptocurrency? This conflict over IOTA has been unfolding for a long time and the guys on that subreddit defend it fanatically, accusing DCI of "FUD"ing IOTA. I am not sure if the subscriber base is technically illiterate or users that hold a given coin have a strong incentive to dismiss any criticism. As someone fasci…

I certainly am disappointed. I'm not entirely sure why I expected more from reddit, I mean, comeon, it's not twitter! ;-) My guess is that it's a mixture of illiteracy (innumeracy?) and invested interest.

The quality of discourse on /r/iota takes the cake though: https://www.reddit.com/r/Iota/comments/80p3lg/cryptographers... The comments keep going... boy, those iota people really hate zcash!

Also, I completely agree with your fascination and skepticism, but have nothing to add but that agreement.

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#32

Post by mbgaxyz »

josephagoss wrote: post #21
boreas wrote: post #6

As an aside, is there anyone else extremely disappointed with the quality of discussion over at /r/cryptocurrency? This conflict over IOTA has been unfolding for a long time and the guys on that subreddit defend it fanatically, accusing DCI of "FUD"ing IOTA. I am not sure if the subscriber base is technically illiterate or users that hold a given coin have a strong incentive to dismiss any criticism. As someone fasci…

I think that if half of their ideas could actually work and be secure, it would be a good thing. If IOTA was a real thing for example I would happily be apart of that community. Unfortunately it's a total waste of time. I remember avoiding IOTA early on due to the arrogance of the founders, I really didn't like their tune. I know most of Hackernews hates Ethereum, but I really like Ethereum and their ideals, although…

What is a "real thing"?

Like Bosch using IOTA to build smart cities in China?

https://twitter.com/BoschPresse/status/968479596868980737

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#33

Post by loxias »

josephagoss wrote: post #21
boreas wrote: post #6

As an aside, is there anyone else extremely disappointed with the quality of discussion over at /r/cryptocurrency? This conflict over IOTA has been unfolding for a long time and the guys on that subreddit defend it fanatically, accusing DCI of "FUD"ing IOTA. I am not sure if the subscriber base is technically illiterate or users that hold a given coin have a strong incentive to dismiss any criticism. As someone fasci…

I think that if half of their ideas could actually work and be secure, it would be a good thing. If IOTA was a real thing for example I would happily be apart of that community. Unfortunately it's a total waste of time. I remember avoiding IOTA early on due to the arrogance of the founders, I really didn't like their tune. I know most of Hackernews hates Ethereum, but I really like Ethereum and their ideals, although…

> Hackernews hates Ethereum

It does? I admit I'm pretty ignorant of the nuances of all the little alt coins, but I know Ethereum has something to do with distributed applications, with a VM, and I've always thought that cool in the abstract. (though I have no idea what I'd do with it.)

Just probing for information, not trying to have any "tone", do you know what the distaste for Ethereum is rooted in?

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#34

Post by arkh »

boreas wrote: post #6

As an aside, is there anyone else extremely disappointed with the quality of discussion over at /r/cryptocurrency? This conflict over IOTA has been unfolding for a long time and the guys on that subreddit defend it fanatically, accusing DCI of "FUD"ing IOTA. I am not sure if the subscriber base is technically illiterate or users that hold a given coin have a strong incentive to dismiss any criticism. As someone fasci…

> I am not sure if the subscriber base is technically illiterate or users that hold a given coin have a strong incentive to dismiss any criticism.

Why not both?

Most of those crypto currencies smell like MLM schemes for people who scoff at housewives doing the same with physical products. Get rich fast at the expense of the late comers, you can do it! Start by getting your family and friends in it.

The old goals of making a decentralized money to fuel revolutions disappeared fast once the only users ended being pure criminals.

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#37

Post by user5454 »

chadbennett wrote: post #2

I Abandoned IOTA months ago after looking at their Github issues page. https://github.com/iotaledger/wallet/issues Great idea, just a little too early for massive adoption.

Wow! Speaking of trust, unsigned installers [1]?!?

[1] https://github.com/iotaledger/wallet/issues/1084

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#38

Post by mbgaxyz »

TD-Linux wrote: post #29
mbgaxyz wrote: post #26

IOTA co-founder, Sergey Ivancheglo aka Come-from-Beyond, has an open invitation for cryptographers to discuss this issue on his blog: "Intermediate summary of Heilman et al. claims about the security of a previous version of IOTA signature scheme" https://medium.com/@comefrombeyond/intermediate-summary-of-h...

What is there even to discuss? The disclosures and email tell me everything I wanted to know.

Where is the code which exploits the supposed vulnerability in IOTA?

After all, there are code samples available today which demonstrate the SPECTRE and MELTDOWN attacks.

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#39

Post by stef25 »

boreas wrote: post #6

As an aside, is there anyone else extremely disappointed with the quality of discussion over at /r/cryptocurrency? This conflict over IOTA has been unfolding for a long time and the guys on that subreddit defend it fanatically, accusing DCI of "FUD"ing IOTA. I am not sure if the subscriber base is technically illiterate or users that hold a given coin have a strong incentive to dismiss any criticism. As someone fasci…

Big fan of Reddit here and I find almost all crypto related discussion there is abysmal.

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#40

Post by antonserious »

IOTA picked up lots of bad blood by far right alt-right wingers after their very left statements on twitter. Whole thing is shitfest really, in 90 out of 100 cases there's straight lies, FUD and representation about their project. Which make me only confident they will be the future.
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