Is IOTA a cryptocurrency?

[Empathy9]

I’m still waiting to be paid back. Dominik himself banned me from the slack channel for demanding my tokens be returned. So it’s not ok to talk truths about iota. So, I’ve had to come here and I’ll troll his Twitter account. Maybe someday people will wake up and see how controlled and useless iota is.

I have been robbed( as have others) by the “ greatest coin in existence today”

If this is true this thing has absolutely nothing to do with actual cryptocurrencies. The very definition of a cryptocurrency is that one can not simple take away someone's tokens...


Can IOTA be called a cryptocurrency? I think IOTA is actually a centralized corporate network.

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[Phalo]

Iota is both a currency and a platform.. Yes its centralised because it still has the coordinator. Once the coordinator has been removed and the platform is stable. It will be decentralised.

[cryptohunter]

Iota is both a currency and a platform.. Yes its centralised because it still has the coordinator. Once the coordinator has been removed and the platform is stable. It will be decentralised.

once upon a time

[partysumo]

Iota is both a currency and a platform.. Yes its centralised because it still has the coordinator. Once the coordinator has been removed and the platform is stable. It will be decentralised.

That doesn't sound like something which is likely to happen. If the coin's price increases and it has more value (meaning the coordinator has more power) how would this "coordinator" be removed? I think this person will not quit his job willingly.

[Sheckley]

What makes Iota centralized is the obscure ICO that they have has were only a little cartel of big investors have allegedly go most of the tokens and now they act as a cartel to keep the price artificially high. This explains the absurd capitalization it has.

[GuiDonK]

IOTA is a cryptocurrency designed for the Internet of Things. It's a innovative new quantum-proof protocol, known as the Tangle, gives rise to unique new features like zero fees, infinite scalability, secure data transfer and fast transactions.

I think it is a good coin hold for long term.

[DeltaX]

I’m still waiting to be paid back. Dominik himself banned me from the slack channel for demanding my tokens be returned. So it’s not ok to talk truths about iota. So, I’ve had to come here and I’ll troll his Twitter account. Maybe someday people will wake up and see how controlled and useless iota is.

I have been robbed( as have others) by the “ greatest coin in existence today”

If this is true this thing has absolutely nothing to do with actual cryptocurrencies. The very definition of a cryptocurrency is that one can not simple take away someone's tokens...


Can IOTA be called a cryptocurrency? I think IOTA is actually a centralized corporate network.

Iota is non-based blockchain cryptocurrency. Iota use Directed Acyclic Graph (DAG) that works like a side chain. but just use the direct transaction to minimize the cost or even reduce it to the zero.
Iota centralized due to not use the nodes just like what already did in the bitcoin. That use the server to has a role like miners.

[namjar]

I’m still waiting to be paid back. Dominik himself banned me from the slack channel for demanding my tokens be returned.Maybe someday people will wake up and see how controlled and useless iota is.

IOTA IS A LIE, when are you going to understand this? I dont not get the point of investing in there, EVERYBODY Knows that this coin is a pure garbage created and based on LIES, nothing more than that.

The founders are scammers, they are banning every one from their slack, telegram, they just think that they are the real owners of the world.

Maybe they think that they are the new Ramses II because they created iota..

Dont invest in here people, it is risky, it is the "ponzi" scheme reborned in form of a crypto.