Quote from: mcfit84 on November 05, 2017, 09:20:08 PM

Hackable means for me it is possible to modify transactions and get a lot of money.
How you can do this. You need a lot of nodes which have a special SW on board. IOTA needs
only small runtime consumption. So maybe it is possible to infect computers with this
special SW. Maybe hundred thousand of computer and now you have the possibility to
modify the transactions. Or there is a very popular website including special JavaScript
on it.

Ehm does not sound very detailed.
I can also say I could hack BTC maybe, but... Cheesy

In a long presentation one of the IOTA core developers says in the end, that there will be further updates which will prevent attacks by introducing a flexible proof of work: https://www.youtube.com/watch?v=SVTOHdrsJ-U

The presentation is about 1h 30 minutes long and pretty technical but it explains a lot about the potential and you can see how professional and large scale this project is.

Quote from: mcfit84 on November 05, 2017, 09:20:08 PM

They don't discuss about this. And why I know this. Because last security issue on the self
made hash function. Sad

They kept in silence. The MIT have found some hash isues and informed them.

It is not the "MIT" who found anything. It was more a kind of a public relations attack, like it happened on Monero before. This is just again an outdated FUD and a good example how those who try to oppose IOTA work The publishers of this "paper" are invested in Zcash and in a not successful competitor of IOTA. Of course they did not disclose their conflict of interest and have misused the name MIT to give the publication on Medium more credibility.

The "paper" was published on Medium, not on their own page or the MIT or in a scientific peer reviewed paper where they definitely would need to do a disclosure of interest.

This is something for the SEC. Wink

But we from the Monero community are used to those dirty tricks by the Zcash corporation and their friends and investors. Wink

Here is a good analysis of this with a link to rebbutal: https://satoshiwatch.com/coins/iota/in-depth/cryptographic-vulnerabilities-in-iota-a-biased-hit-piece/

This is the reason in the crypto space only few make big money, they know where to inform themselves, read deeply and a lot, read everywhere, compare, while others run behind the mass.