The IOTA project is again the target of public anger and criticism. This time the issue is a feature of the technology that apparently allowed scammers to steal around $4 million from many unsuspecting users.

Poisonous Seeds

Particle, the system behind the eleventh most important digital money on the planet by showcase top (MIOTA), is going under an assault via web-based networking media and group gatherings. The innovation behind the undertaking is blamed for empowering an obvious leave trick or hack which cost clients about $4 million, as per reports.

This isn't the first run through IOTA has gone under assault. Back in December the undertaking got a considerable measure of open disdain for supposedly finished building up an "association" with Microsoft.

What Happened?

The IOTA wallet requires clients freely produce their own seeds (private keys). Numerous clients have depended on online key generators to do this, for example, iotaseed.io.

In the event that somebody vindictively hacked into the online generator (or was behind it at the primary spot) they could simply gather every one of the seeds IOTA clients were getting from them and sit tight for the best time to strike. This clearly occurred on Friday night, when a great deal of assets began moving utilizing stolen seeds. In the meantime, whoever was behind the burglary sorted out a disseminated refusal of administration (DDoS) assault against the absolute most prevalent IOTA full hubs, adequately keeping the casualties from recuperating their cash.

While IOTA supporters clarify this isn't a bug in the innovation itself, which they say is still impeccably secure, faultfinders aren't getting it. For them relying upon end clients to produce the seeds is seen a simple assault vector for inconvenience creators, simply requesting to be abused.

Is it fair to attack a whole project because of such an incident? Tell us what you think in the comments section below.