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Author Topic: Why Vitalik Whining About IOTA? ETH Becoming Obsolete?  (Read 250 times)
Justin Biebers (OP)
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November 20, 2017, 07:05:45 PM
 #1

There's some irrational and weird arguments and behavior in twitter by Vitalik of Ethereum. He seems to emotionally attack against the first tangle-based crypto, IOTA, for some reason.

https://twitter.com/DavidSonstebo/status/932510087301779456

What do you guys think? Is this a sign of something deeper or just a rant between two devs of the leading technologies in crypto?
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November 23, 2017, 11:09:20 AM
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The moods are fierce in the world of the cripto-coins. This week, the "fight" between Ethereum and IOTA has had new barbs exchanged by Twitter. It all started with Nick Johnson's article, Ethereum's dev, published in September at Hackernoon, in which he expresses various concerns with IOTA, at the time an article published by MIT's cryptography team cast some doubts about the security of the coin.

At that time Nick's article spawned a series of somewhat harsh responses from the IOTA team, mainly from Come-from-Beyond, to Sergey Ivancheglo, the developer of PoS (Proof-of-Stake), a type of algorithm by which a Blockchain seeks to achieve a distributed consensus in which the creator of the next block is chosen through various combinations of random selection involving funds or age (ie participation). Sergey used PoS in his first encryption project, the NXT currency, which he then, on several grounds, turned away.
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November 23, 2017, 11:14:47 AM
 #3

Buterin always think about improvements of ethereum platform. I suppose it's just awesome for ETH as a crypto. It's very smart behaviour to be flexible and adjust to reality.

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November 23, 2017, 11:33:27 AM
 #4

I heard that IOTA has only 1 dev ? It's a good project but the market cap is way too overvalued. Red flag for investment. And the wallet took time to "at least" work. Ok they have great partner but I will wait to buy some.

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November 23, 2017, 11:54:29 AM
 #5

I think it is pretty easy to explain.

Plasma.

I need to read the white paper first but from the first glance i think that will be probaly the real big thing 2018.

A real contender for iota and other different chains.

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