[indoordinosaur]

In the original article linked it talks about how people found a flaw in the cryptographic hash function. When it was pointed out to the founder he basically said "Yeah we knew it was not secure. We put it in there so if anyone copied our code we could undermine them."

That smells fishy to me. Whether his statement is true or not he cannot be trusted. And the fact that they are using unproven in-house cryptography again supports my view of IOTA as a science project rather that something serious and dependable.

[kruhft]

I asked them about it. They agreed after I said it was like 'inserting fake roads into a map by cartographers'.

Seemed a bit fishy to me too.

Math project is more likely.