Post
Topic
Board Altcoin Discussion
Re: IOTA - Permissioned ledger Russian extortion scheme
by
contraband
on 29/03/2016, 22:12:39 UTC
Take all that together with the fact that Iota's consensus convergence depends either on all payees choosing to employ the same Monte Carlo judgement

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Take all that together with the fact that Bitcoin's consensus convergence depends either on all payees choosing to employ the same Longest Chain Wins judgement

The distinction is that that there is no way to verify from the block chain whether every payee did employ the Monte Carlo judgement. Thus there is no Nash equilibrium.

Kaboom!


You must have realized this AFTER iotatoken turned down your offer of collaboration, surely.