Post
Topic
Board Announcements (Altcoins)
Merits 3 from 1 user
Re: IOTA
by
Iota-Disciple
on 11/04/2021, 08:19:44 UTC
⭐ Merited by tyz (3)
Just to remember to this post. Check my signature...

I see a similarity between Tangle and the human race (or mostly animal or living species): every child has a father and a mother. In the Tangle every transaction checks two earlier transaction. Or?

https://i.imgur.com/em13wp6.png

I think, later we need Darwin really to analyze the Tangle - how was "new species" born.
"new species" = many many new economical communities, they don't wish to mix with others, because i.e. they has already conflict of interest with other economies on the Tangle......
Are you wish a such economical environment later for our human race? Smiley

https://upload.wikimedia.org/wikipedia/commons/8/8f/Edward_Hitchcock_Paleontological_Chart.jpg
Do you really compare Darwin with the a DAG. Sounds like a little bit awkward.
In the current IOTA implementation, nodes only trust (value) transactions referenced and approved by milestones issued by the coordinator.
Similar to Bitcoin, where checkpoints were used until 16.06.2014, the use of this centralized "finality device" is currently still necessary to ensure the security of the network, which is in its infancy.
Maybe you should aware of the fact, that until end this year the concept "In the Tangle every transaction checks two earlier transaction" will be gone. So, no more Darwin...