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RE: Is Bitcoin really decentralized, or are we being led like lambs to the slaughter?
My opinion - the IOTA crypto architecture can and will prevent "attacks" such as the one you mention in the article. IOTA is fee less - proof of work is done by each user in a distributed computing model. IOTA is inherently scale-able - the more users making transactions, the higher the network throughput. This is due to the fact that for every transaction a users posts they have to do proof of work on two transactions. This makes IOTA's network transaction rate exponentially scale-able. This also makes it improbable that any single entity or group could control network hash throughput.
IOTA is fundamentally different. It is not conventional block chain. It uses the "tangle" data structure which is not the same as a "block chain" ledger data structure. This is why it can achieve fundamentally different results.