interesting post. I am interested in his investigation of byteball. I think byteball has a lot new features that are very useful.
Byteball has the following flaws:
- Centralized consensus:
- Liveness risk:
- Unscalable transaction fees:
- Inadequate validation insecurity:
- Limited scaling:
- Not real-time confirmation:
Possibly due to the IOTA devs sharing similar concerns, IOTA's software currently relies on centralized checkpointing.
No. "Checkpointing" is done to protect against 34% attacks which would be conducted by dudes publishing Bible on Bitcoin blockchain. Just wait for IOTA network to become larger.
IOTA
can't function without its centralized Coordinator servers.
The
excuse that we should prove it won't work without Coordinator is a delaying tactic of the scam.
They have been
challenged to disprove that it's not entirely worthless, and refuse/delay to do so.
While they
delay awarding ICO tokens, presumably so that insiders can cash out before the pump & dump scam collapses.
Warning: something new will be launched soon that is so far superior that it is going to make both of these highly inferior DAG coins
clearly worthless.
Both in terms of technology clearly stated (and challenges they will not meet) and also
verifiable market adoption that will be orders-of-magnitude greater.