I have no stake in iota at all, but this response makes one wonder
I have no stake in iota at all, but this response makes one wonder
people have an abundance of computational power and can process IOTA transactions
there is no lowered balance of IOTA for performing this or sending more IOTA to a destination
the article goes on about how the computational power is a fee for no other reason except to discredit the IOTA devs
would be stronger if that point was removed, it isn't a point of contention and can be explained elsewhere
Well someone has to buy hardware and pay for electricity to run the computers.
Computational power is not free, unless you're running a botnet or something.
> people have an abundance of computational power and can process IOTA transactions
And they get in return... ?
A warm fuzzy feeling for having paid money for hardware and electricity so someone else can put something on a blockch-- whoops, I mean a "Tangle."
On IoT devices?
Plus they state that having to participate in the network as a full node (fridge using 99% of your bandwidth) is also a "fee" in this context.
> ...for no other reason except to discredit the IOTA devs
They seem to be doing a fine job of that on their own -- reading the linked page where people can't recover their coins (plus having to jump through a bunch of hoops) because they were focused on unrelated projects seems bad.