Live data from Hacker News

Cryptographers Urge People to Abandon IOTA After Leaked Emails

spectrum.ieee.org

91–100 of 127 posts

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#91

Earlier quoted context omitted.

Stunned by that comment. Stunned.

.

It is genuine, I appreciate your comments though. The comment I found depressing as it highlights (to me at least) the erosion of what was a community/culture I respected.

Perhaps I'm just an old fool.

EDIT : Just to say I've ensured my email is in my bio now.

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#92
post #36

It still baffles me that the official response from the IOTA foundation is that the vulnerability was inserted intentionally as copy-protection. And even more baffling that their flagship partner Bosch does not seem to have problem with this practice.

I doubt that any of the decision makers at Bosch have enough theoretical knowledge to be able to form any sort of opinion about it.

Well, as IOTA targets embedded devices (I guess the reason Bosch is interested) they should have enough knowledge to form an opinion about transaction sizes:

"transactions in IOTA are 10KB (in contrast, Bitcoin transactions are on average 600B)" [1]

https://medium.com/@neha/cryptographic-vulnerabilities-in-io...

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#93

Earlier quoted context omitted.

Yet there are some resources that are hard to privatise, for instance the atmosphere. Government regulation is what turns the commons (which are open to tragedy) into either tightly regulated (for example, dumping of hazardous materials) or a free market (for example, emissions trading). Without the government interference, the market wouldn't exist. To some extent that goes all the way down to buying your groceries,…

> nothing would be stopping someone with a bigger gun coming in and stealing whatever groceries they want That's why we need government - to prevent violence and stealing. Free market can work only in non-violence environment. However, government tries to do much more than that. And this I consider as a problem, namely excessive regulation.

want a free market? move to Antarctica. you can be as free as you want. Here in society we'll keep building and cooperating. competition is for predators and chumps.

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#94

Earlier quoted context omitted.

> 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 It's not just IOTA. It's more or less any of the top 10 / 20 (by MarketCap) Crypto-currencies on the respective sub-reddits. It's especially bad on r/Ripple where anything critical of Ripple / XRP is instantly deleted by the mods in the name of F.U.D (Fear, Uncertainity, Dou…

There may be people in on it, but I wouldn't be surprised if it's overwhelmingly just people defending their position. I've seen the exact behaviour I see at r/cryptocurrency in video games. No Man's Sky pre and post launch was exactly the same. Sensible people casting doubt on what it is you actually do with the game, being shouted down by those who are convinced it's going to be the greatest thing ever. Then lots o…

you have a severe case of hindsight bias. nms has perhaps the most outspoken hatred of any game launch ever. heck how long ago did it come out? Year+? and you're still whining about it.

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#95
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…

> 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 It's not just IOTA. It's more or less any of the top 10 / 20 (by MarketCap) Crypto-currencies on the respective sub-reddits. It's especially bad on r/Ripple where anything critical of Ripple / XRP is instantly deleted by the mods in the name of F.U.D (Fear, Uncertainity, Dou…

> It's especially bad on r/Ripple

That's just not true at all. Why are you even going after Ripple?

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#96
post #8

The amount of brigading by IOTA community also shows how toxic it is. Just look at the comments on the ieee article. Or the some of the tweets. They were also spamming the /r/MIT subreddit about the DCI. Just watching this all unfold is making me realize how toxic parts of the cryptocurrency community is and it's making me really sad.

what did you expect? when the only topic is money, the mindset will trend towards greed.

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#97
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.

As with basically every cryptocurrency (or technology, for that matter) related sub on reddit, the answer is both.

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#98
post #7

Irrespective of whether IOTA has issues or not their constant hostility is surprising to say the least. If you run something in public domain there are going to be people coming after you. And people need to learn to adapt which IOTA is sorely lacking.

unless you can frame the narrative as the 'world vs us'. it works for musk fans.

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#99

I appreciate how the example collision (page 18 in the email dump) uses the lyrics of "Push it to the limit" by David Hasselhoff. The number 9 seems to be appearing a lot both in the collision raw text and previously when they refer to the bleed. I guess it has something to do with the function being based on trinary logic - could there be another flaw there related to this? Also kind of amusing seeing the different…

My favorite part was the IOTA folks insisting that their 'higher level' protocol would fix all their rookie mistakes. (Yes! We intentionally built our castle on quicksand! But look how hard the walls are!) It's a great example of why you need to start from sound foundations.

My favorite part is that they don't seem to understand the concept of hash collisions at all! ("ONE collision, nah that's nothing" [1]) and when JP Aumasson explains a possible attack the response is basically "Who would do such a thing?" [2]

[1] https://twitter.com/c___f___b/status/967511451442302976

[2] https://twitter.com/c___f___b/status/966315009071607809

Re: Cryptographers Urge People to Abandon IOTA After Leaked Emails

#100
post #8

The amount of brigading by IOTA community also shows how toxic it is. Just look at the comments on the ieee article. Or the some of the tweets. They were also spamming the /r/MIT subreddit about the DCI. Just watching this all unfold is making me realize how toxic parts of the cryptocurrency community is and it's making me really sad.

Over the past year the toxic portion has grown from "parts of" to "the majority of".
Post reply on HN