14 Feb Bitcoin (BTC) Maximalist Tone Vays Brings Up IOTA Hack to Make Case Against Ethereum (ET…
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Former Wall Street trader and Bitcoin maximalist Tone Vays, who famously predicted that the BTC dominance could reach 98 percent, recently provided the recent IOTA hack as an example of things that cannot happen in a decentralized protocol.
On the #Bitcoin Brief this morning, @jimmysong & I talked about two centralized databases: @blockstack & #Ethereum.
In case you thought we were joking, below is an example of things that can’t happen in a decentralized protocol 😂 https://t.co/w58gcEMMcO
— Tone Vays [Vegas – Unconfiscatable.com] (@ToneVays) February 14, 2020
Switching off the network
As reported by U.Today, IOTA had to halt its network because numerous users lost their money as a result of “a coordinated attack” on the Trinity wallet.
While some…
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