{"id":142094,"date":"2020-12-26T22:34:21","date_gmt":"2020-12-26T19:34:21","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/iota-founder-david-sonstebo-buries-hatchets-plots-future-in-puzzling-blog\/"},"modified":"2020-12-26T22:34:21","modified_gmt":"2020-12-26T19:34:21","slug":"iota-founder-david-sonstebo-buries-hatchets-plots-future-in-puzzling-blog","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/iota-founder-david-sonstebo-buries-hatchets-plots-future-in-puzzling-blog\/","title":{"rendered":"# IOTA founder David S\u00f8nsteb\u00f8 buries hatchets, plots future in puzzling blog"},"content":{"rendered":"

“# IOTA founder David S\u00f8nsteb\u00f8 buries hatchets, plots future in puzzling blog <\/strong>”
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In a verbose and, at times, vituperative blog post published today<\/a>, IOTA founder David S\u00f8nsteb\u00f8 seeks to \u201cquench all concern\u201d about his state of mind, assure the community that the \u201cIF [IOTA Foundation] is not broke,\u201d and hint at future plans for the ecosystem being hatched in collaboration with \u201cinvestors, separate DLT-project leaders, community devs and others.\u201d\u00a0<\/p>\n

As Cointelegraph previously reported, in a December 11th announcement, the IOTA Foundation\u2019s board revealed that S\u00f8nsteb\u00f8 had been removed from the organization after a \u201cunanimous\u201d board vote. S\u00f8nsteb\u00f8 had served as co-chair of the Foundation since 2017.<\/p>\n

S\u00f8nsteb\u00f8\u2019s blog post seeks to clear up any ambiguities about IOTA\u2019s announcement, which he referred to as \u201cclumsy, panicky and downright unprofessional, allowing ample room for rampant speculation.\u201d His own post, however, might raise more questions than it answers. <\/p>\n

The founder makes it clear he believes the split between him and the IOTA Foundation was not the result of \u201ccontradiction between my interests and that of the organization,\u201d and that he views such characterization as a \u201cblatantly false, dubiously motivated and defamatory depiction of my person.\u201d <\/p>\n

Nonetheless, later in the post he describes a pair of disagreements that \u201c[provided] a fertile environment for the past drama to fester,\u201d including an instance where his internal campaign for the Foundation to app<\/a>oint a CEO was quashed by the IOTA Foundation board, as well as disagreements about the ownership of several future IOTA ecosystem projects, including \u201cprofitable governance of the committees in IOTA Smart Contracts, Oracle-as-a-Service and Decentralized-Infrastructure as a Service.\u201d<\/p>\n

S\u00f8nsteb\u00f8 said that \u201cthe Board started panicking about its negligence of the IF\u2019s finances,\u201d and that they subsequently stepped in to claim these projects in order to \u201c\u201densure an \u201cever-growing\u201d runway at the cost of IOTA\u2019s ecosystem actually growing.\u201d S\u00f8nsteb\u00f8 says he \u201crefused\u201d the board taking ownership of these projects and their potential future revenue streams, implying this disagreement is the reason behind the separation. <\/p>\n

\u201cThere you have it; my \u201cdiverging interests,\u201d\u201d he said.\u00a0<\/p><\/blockquote>\n

S\u00f8nsteb\u00f8 then went on to personally address multiple Board members, asking one to cease referring to themselves as a co-founder, dressing down another for \u201cbegging\u201d for tokens and for failing to attend meetings, and to invite one to \u201cdrink wine and play chess anytime.\u201d<\/p>\n

\u201cThere will be further details on my plans for IOTA coming early next year. Don\u2019t worry. I will continue to work on IOTA with Foundation members, community members and external partners,\u201d he concluded. \u201cThis is not the dot at the end of the final chapter\u2019s last sentence; it\u2019s merely a comma.\u201d<\/p>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“# IOTA founder David S\u00f8nsteb\u00f8 buries hatchets, plots future in puzzling blog ” In a verbose and, at times, vituperative blog post published today, IOTA founder David S\u00f8nsteb\u00f8 seeks to \u201cquench all concern\u201d about his state of mind, assure the community that the \u201cIF [IOTA Foundation] is not broke,\u201d and hint at future plans for…<\/p>\n","protected":false},"author":1,"featured_media":142095,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/e4dde945-6746-4ce5-ae36-c57fce1e81f5.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,87891,77338],"class_list":["post-142094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-david-david-sonstebo","tag-iota"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/142094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=142094"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/142094\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/142095"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=142094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=142094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=142094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}