co-founder Sergey’s response

David Sønstebø
Jun 18, 2017 · 4 min read

My co-founder decided he’d give you a thorough response, which I think you’re not even deserving of after your misrepresentation of facts, but here we go:

Hello Eric,

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Your Medium profile says “Research Engineer in the cryptocurrency domain. I will give you the facts.” I claim that it should sound “Research Engineer in the cryptocurrency domain. I will give you the facts distorted by lies.” I’m going to prove that, just keep reading.

Your first claim was

Let’s imagine that you issue a transaction and the Coordinator wants to censor it. There are also Alice, Bob and Charlie in the network. If they reference your transaction and the Coordinator confirms their transactions then your transaction will inevitably be confirmed too. If Coordinator stops confirming other’s transactions then everything will stop working and the concept of censorship couldn’t be longer applied. So we see that others can protect you against the hypothetical censorship. The part “nor is it decentralized” is addressed below.

First of all I’d like to point to that big “If”. If Bitcoin miners stop including transactions into blocks (there are reasons to do that, just look at then Bitcoin network will become unusable. If Trump loses nuclear attack launch keys then all networks will become unusable. Should I continue my examples of very improbable events? I believe you’ve got the idea.
Regarding “You would have to get everyone to install new binaries”, what if IOTA core team released a version which doesn’t require to install new binaries (plenty of solutions for that, it could just use Bitcoin core wallet approach with secret key used to sign service messages propagating through the network), would this invalidate your argument?
Now let’s pay attention to your “Systems that rely entirely on a single point to function are by definition not decentralized”. Let’s check
The very first picture ( with B showing a decentralized system resembles current IOTA design with the Coordinator in the center. As it was shown above the Coordinator can’t censor your transaction if the others help you to avoid the censorship. Can you stop IOTA network by destroying the Coordinator? No. As I told you it’s backed by other nodes running in lockstep which will pick the role of Coordinator if the current one “dies”. No idea why you used “single point” if you had already known it was a lie.

I can’t get the logic behind this question. It looks like you wanted to write something else, but then changed few words without re-reading the whole phrase. The role of the Coordinator was explained in in ELI5 manner, you should expand your third claim for it to make sense.

If you have started lying then I think I can post our private conversation without asking your permission:

Eric Wall [3:30 PM]
Between full nodes it says confirmed after 2 secs, but you’re saying the confirmations aren’t reliable until 20 mins?
Come-from-Beyond [3:30 PM]
I don’t say that
Let’s try again

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I have no idea why you have dug such deep pit for your reputation, it only makes sense if it’s not you in that photo and it’s not your real name next to it and all your blog posts are just a part of FUD campaign against IOTA. At this point we are stopping and I’ll be waiting for you to prove your identity before continuing…

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