Comment Comment by xwvvvvwx Not really deep into this, and haven't even read the whitepaper, but looking from the outside there are a lot of red flags around this project:- Use of ternary logic [1]- Writing their own hash function [1]- Claiming that the flaws in the hash function were 'copy protection' [2]- The Github issues page for their wallet client [3]I've heard that the DAG approach has merit, but from what I've seen I would not trust this team to execute on it.[EDIT]: Almost forgot the black-box closed source 'central coordinator' [4][1]: https://medium.com/@neha/cryptographic-vulnerabilities-in-io...[2]: https://gist.githubusercontent.com/Come-from-Beyond/a84ab861...[3]: https://github.com/iotaledger/wallet/issues[4]: https://www.reddit.com/r/Iota/comments/7c3qu8/coordinator_ex... parent xwvvvvwx 9 years ago
- Use of ternary logic [1]
- Writing their own hash function [1]
- Claiming that the flaws in the hash function were 'copy protection' [2]
- The Github issues page for their wallet client [3]
I've heard that the DAG approach has merit, but from what I've seen I would not trust this team to execute on it.
[EDIT]: Almost forgot the black-box closed source 'central coordinator' [4]
[1]: https://medium.com/@neha/cryptographic-vulnerabilities-in-io...
[2]: https://gist.githubusercontent.com/Come-from-Beyond/a84ab861...
[3]: https://github.com/iotaledger/wallet/issues
[4]: https://www.reddit.com/r/Iota/comments/7c3qu8/coordinator_ex...