Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
Come-from-Beyond
on 17/07/2017, 07:58:02 UTC
Has the centralized Coordinator been turned off yet? End of July soon.

First of all, Coordinator doesn't lead to centralization, it just protects against 34% attacks. Second, switching it off would mean that IOTA team made a centralized decision. Instead of that every users will be given a choice when to abandon babysitting from Coordinator, this is a truly decentralized approach.
WARNING Iota has a Coordinator. Your transactions are not safe without it! Be warned! WARNING

Those who need more info - https://blog.iota.org/the-transparency-compendium-26aa5bb8e260