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Let's have a reasonable debate.
IOTA has no transaction fees, no mining and both the circulating supply and the max supply are locked, so there are no rewards to the "nodes" inside the tangle. So tell me, how can this be decentralized when there are no rewards for the "nodes". It's like maintaining a device connected to be a part of the tangle for free.
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i dont know, i just want profits
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shitcoin
/thread
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Interesting, Im going to post this on reddit!
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>>2789217
This is a blockchain killer
Hodl
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>>2789245
You didn't answer the main question.
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>>2789217
When you send one transaction, you also confirm two others. This is decentralized in the sense that transaction confirmations will largely stay at an individual level as opposed to consolidation to large mining pools in specific countries (countries with cold climates or cheap electricity, to miners who own specialized and expensive hardware).
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tonight i had a dream with iota....think im gonna buy.
also 2 month ago i dreamt a screenshot of coinmarketcap at the end of the year and i remember there were 3 bitcoins and the total mcap for crypto was 330b....
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>>2789273
But for send a transaction and confirm two others, don't you need the whole tangle in your hard drive?
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>>2789273
Also, will this result in the individual user that doesn't want the tangle in his hard drive, to pay someone for send the transaction for him?
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no fuck off shilling your shitcoin
https://medium.com/@ercwl/iota-is-centralized-6289246e7b4d
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>>2789217
Without incentives to do work to keep their ""tech"" alive, iota is doomed from start. You can't get something in exchange for nothing, it's stupid,
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>>2789287
When I gave it a try. It didn't need the full tangle. I used it with a light wallet and I don't have the entire tangle on my laptop.
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>>2789334
I have a very old laptop. When I did stuff such as sending and adding new addresses, I noticed a CPU usage spike. I'm assuming that's the POW being done.
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>>2789321
That article is blatant FUD. Not only is the title a non-sequitur, but the author admits he has no idea how IOTA works because he hasn't read through the documentation.
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>>2789321
Everyone can clearly see the entire comments section calling the author out. If you want to criticize IOTA, how about you do it in your own words?
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>>2789352
Probably you were encrypting your transaction.
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