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by nix23 2198 days ago
Just half true, read for your self:

https://www.gibraltarlaw.com/directed-acyclic-graph-vs-block...

>can't decentralize how to synchronize transactions

No one ever said that, of course they have so synchronize to the network...what else? Entanglement?

>Elliptic curves are a type of cryptography

Yes and it was NOT a Elliptic curve but a type of winternitz-ots.

1 comments

The point was that you didn't know the difference between where elliptic curve cryptography would be used and a directed acyclic graph. Also a ledger is by its nature a directed (one direction) acyclic (no cycles) graph of dependencies, it just depends how you visualize it. Just like instructions on a computer are in a sequence, they can be separated into graphs of dependencies which may be woven together.

Other crypto currencies are able to synchronize in a decentralized way with different miners mining each block. As far as I know IOTA's structure makes this impossible, even though when they created it everyone else had already done it.