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Altcoin Discussion
Re: IOTA - Permissioned ledger Russian extortion scheme
by
smooth
on
27/03/2016, 22:47:03 UTC
Quote from: r0ach on March 27, 2016, 08:48:59 PM
it is not a permissionless system because I cannot acquire native tokens in a permissionless manner...just like proof of stake
Agree.
Bitcoin is dangerously close to that as well. The pricing of SHA2 ASICs is basically an extortion scheme.