Friday, December 1, 2017

Ethereum dislikes Tangle just as much as IOTA hates blockchain


Back in September, Ethereum core developer Nick Johnson penned an interesting piece to sum up some of the reservations he had for up-and-coming cryptocurrency company IOTA and its blockchain-alternative, Tangle. While he insisted the post was merely intended as a critique addressed at some of the design and architecture flaws he saw in the technology, the situation escalated quickly, ultimately leading up to a minor Twitter argument between Johnson and IOTA co-founder, David Sønstebø. Unlike standard blockchain solutions, IOTA relies on a slightly different technology to decentralize and distribute its ledger. Contrary to blockchain-based networks which use binary logic, IOTA’s…

This story continues at The Next Web

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