After IOTA’s Coordicide Solution, Fund Manager Shift Funds and Vitalik Buterin Has Responses

  • After IOTA’s Coordicide Solution, Fund Manager Shift Funds and Vitalik Buterin Has Responses
  • Sønstebø was right,truly decentralized networks cannot be built overnight and after months of criticism, the IOTA Research Council has a viable alternative of the Coordinator through a Coordicide option.
  • While IOTA has been a blockchain project for some time now, it lacked this single quality, one of three that make any system a true blockchain set up with security, scalability and decentralization.
  • IOTA’s Coordinator was designed by the platform’s developers to help secure funds in the network’s infancy.
  • Commenting on the introduction of Coodicide, Ethereum creator Vitalik Buterin said the protocol looks the a clone of Avalanche, a consensus protocol that provides a distributed consensus by using Proof-of-Work or Proof-of-Stake algorithm around a blockchain or cryptocurrency system.

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