It is still centralized right? [1] The whole thing is still implemented in ternary [2] for some reason right? Implemented by the people who rolled their own crypto, then when they - days later - were told it was obviously and trivially broken (collisions discovered via differential cryptanalysis) claimed they left it broken as some sort of copy protection mechanism? [3] And then pretended Microsoft was involved? [4]
The one of which Schneier wrote: “In 2017, leaving your crypto algorithm vulnerable to differential cryptanalysis is a rookie mistake. It says that no one of any calibre analyzed their system, and that the odds that their fix makes the system secure is low.”
That IOTA?
[1] https://medium.com/@ercwl/iota-is-centralized-6289246e7b4d
[2] https://hackernoon.com/why-i-find-iota-deeply-alarming-934f1...
[3] https://gist.github.com/Come-from-Beyond/a84ab8615aac13a4543...
[4] https://thenextweb.com/hardfork/2017/12/12/iota-partnership-...