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c4chaos's profile
~C4Chaos
~C4Chaos
~C4Chaos
@c4chaos

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~C4Chaos

@c4chaos

the man, the mortal, the hero, to zero.... (hyper)streaming with passion and compassion... #cryptotrifecta #HODLandChill #hardcoredharma $TSLA

everywhere and nowhere
c4chaos.com
Joined January 2007

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    1. Eric Wall‏ @ercwl Jul 13
      Replying to @accretionist @c___f___b

      Do you think IOTA is 100% decentralized with the current Coordinator-based model?

      2 replies 0 retweets 1 like
    2. Ben Royce‏ @accretionist Jul 13
      Replying to @ercwl @c___f___b

      Coordinator is about finality, not permissioning, nor centralization. #IOTA works without it, but low throughput means vulnerability. High throughput means it can be turned off, which is the plan. All #DLT projects have a training wheels problem starting out Be honest Eric.

      1 reply 1 retweet 13 likes
    3. Eric Wall‏ @ercwl Jul 13
      Replying to @accretionist @c___f___b

      So your answer to my question is yes?

      4 replies 0 retweets 2 likes
    4. Ben Royce‏ @accretionist Jul 13
      Replying to @ercwl @c___f___b

      Read my tweet genius. It's a beta project with great promise. If you want to throw sh*t bombs of mindless negativity, be my guest. But I think that says more about your personality than about #IOTA Eric. "Wright brothers built flimsy weak crap, what a scam. I'm so edgy lol."

      1 reply 0 retweets 1 like
    5. Eric Wall‏ @ercwl Jul 13
      Replying to @accretionist @c___f___b

      So why don't write that it's a beta project with great promise then? Why lie and claim it is 100% decentralized?

      1 reply 0 retweets 2 likes
    6. Ben Royce‏ @accretionist Jul 13
      Replying to @ercwl @c___f___b

      #IOTA can work without Coordinator right now. There is no permissioning. There is no central control. Coordinator is about FINALITY. Do you understand? It is temporary training wheels that all #DLT projects need in some form because of attacks. The lie is "IOTA = database"

      1 reply 0 retweets 2 likes
    7. Eric Wall‏ @ercwl Jul 13
      Replying to @accretionist @c___f___b

      Eric Wall Retweeted Come-from-Beyond

      None of what you are saying now addresses the issue. The quoted text was a lie. That makes IOTA a scam. And no, IOTA can't work right now at all without the Coordinator since it is using CPU-bound PoW, see below.https://twitter.com/c___f___b/status/996006974188867584?s=19 …

      Eric Wall added,

      Come-from-Beyond @c___f___b
      Replying to @ercwl @SteenhuizenLind and 3 others
      That's correct if you mean CPU-bound PoW and incorrect if you mean Network-bound one. Be more specific, please. BTW, you can't be unaware of #IOTA plans to migrate to network-bound PoW, we discussed that with you IIRC. Why are you forgetting about info which is against your PoV?
      1 reply 0 retweets 1 like
    8. Ben Royce‏ @accretionist Jul 13
      Replying to @ercwl @c___f___b

      "A project in beta isn't 100% foolproof yet, therefore scam." No. The difference between what you want to see, and what #IOTA currently is, is time. "You will fail, your intent is dishonest." Thanks for your vote of no confidence. That is about your personality, not #IOTA .

      1 reply 0 retweets 1 like
    9. Eric Wall‏ @ercwl Jul 13
      Replying to @accretionist @c___f___b

      I never said IOTA is a scam because it isn't foolproof. I am saying it is a scam because it is claiming to be foolproof, when that isn't true. That makes it a lie, and a scam. This isn't a complicated point I am making.

      4 replies 0 retweets 0 likes
    10. ~C4Chaos‏ @c4chaos Jul 13
      Replying to @ercwl @accretionist @c___f___b

      let’s use that logic on Bitcoin: - they said it’s anonymous - they said it’s for p2p electronic cash - they said it’s for the unbanked - they said it would scale is Bitcoin a scam?

      1 reply 1 retweet 3 likes
      ~C4Chaos‏ @c4chaos Jul 13
      Replying to @c4chaos @ercwl and

      - they said Bitcoin is “decentralized” - they said Segwit will fix scaling - they said Lightning will fix scaling - they said Bitcoin will free people from banks and governments is Bitcoin a scam?

      3:23 PM - 13 Jul 2018
      • 1 Retweet
      • 2 Likes
      • Andreas Ben Royce
      0 replies 1 retweet 2 likes

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