IOTA made their own crypto, then when got called on it they denied it mattered at first. Then they backed down and said it was intentional! So that they could destroy anyone else using their open source code. When pressed to promise that they had not left more backdoors in, they refused. Of course they had to refuse, these were accidental bugs rolling their own stuff.
That looks totally incompetent to me. Then mention centralized coordinator and they throw fits. Refuse to discuss it because it is only temporary.
Fair enough, the currency has questionable potential. However, the article seems to imply that bfx lists some questionable currencies, and I feel that that characterization is misleading.
That looks totally incompetent to me. Then mention centralized coordinator and they throw fits. Refuse to discuss it because it is only temporary.
But judge for yourselves. Look at this nice comment by Vitalik Buterin (Ethereum) and the childish retorts from the IOTA people: https://www.reddit.com/r/CryptoCurrency/comments/72l7kp/why_...