The Merkle: IOTA Foundation Paused the Network to Prevent Further MIOTA Theft Featured
It is rather uncommon for a cryptocurrency network to grind to a halt. In the case of IOTA, the Foundation somehow managed to shut down the Tangle due to an incident. When developers or a Foundation can “pause” a network, there is something amiss. The IOTA Network can be Paused The core concept of cryptocurrencies is to be decentralized without central authority or control. In the case of IOTA, it appears there is some degree of centralization, albeit it may be a good thing in this regard. By shutting down the Coordinator node – which will be removed altogether in The post IOTA Foundation Paused the Network to Prevent Further MIOTA Theft appeared first on The Merkle Hash.
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