Despite the hype, Web3 offers fake decentralization and builds upon technology you could build without cryptocurrency.
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Against Web3 and Faux-Decentralization
Tag: Cryptocurrency
Normally when you see an article that talks about cryptocurrency come across your timeline, you can safely sort it squarely into two camps: For and Against. If you’re like me, you might even make a game out of trying to classify it into one bucket or the other from the first paragraph–sort of like how […]
Historical Context of Iota’s Hash Functions Once upon a time, researchers discovered that the hash function used within the Iota cryptocurrency (Curl-P), was vulnerable to practical collisions. When pressed about this, the Iota Foundation said the following: In response to this research, the Iota developers threatened to sue the researchers. Iota replaced Curl-P-27 with a […]