/biz/ - Business & Finance

Heavy bags want to onload onto you
All the way from $2 to $5 from 2017 heavy heavy bags will onload onto you

The team behind this is imbecils and incompetent, they are worse than high schoolers in sports given task to make a cryptocurrency

https://www.coindesk.com/iota-being-shut-off-is-the-latest-chapter-in-an-absurdist-history

"First their custom-made hash-function was broken and you could forge transactions. Now they had to shut down their network because their wallet was hacked. This is insane because you should not be able to shut down a decentralized network.”

"It was not absolutely secure, in terms of the infrastructure that we’d done,” he admitted, adding the foundation is fixing the code and researching a mechanism for no longer relying on the foundation’s coordinator node.

Funds have been stolen, they can always be stolen by IOTA foundation.

Founder claims he owns 25% of all IOTAs and has a lega case against IF.

"Following a discovered vulnerability in October 2017, the IOTA foundation transferred potentially compromised funds to addresses under its control, providing a process for users to later apply to the IOTA Foundation in order to reclaim their funds"

DD and DYOR anon