David Sønstebø settles with IOTA

30. Dezember 2020

A short time after David Sønstebø, one of the co-founders of IOTA, had to leave the company. he wrote a public letter to his former colleagues, among others, to make his view of the events public.

On December 26th it became Sønstebø’s articlereleased. Already in the first lines he explains that he was partially relieved to no longer work at the Iota Foundation, since his life until the time of his departure was all about the wellbeing of the company.

To the crypto compass magazine

Even before the article was published, there were signs of a breakup. On December 10th, the Foundation published a post on its blog stating that the company would not care about individuals and that Sønstebø’s departure would not change the company’s strategy.

The decision to part ways, while difficult, had to be made. There have been several instances where David’s actions were inconsistent with what the foundation stands for and who we want to be

it said in the post. The main reason for the separation, however, were conflicts over common interests. In his article, Bitcoin Code did not spare criticism of his ex-company. So IOTA is now only an end in itself project that is aimed at its own profit. For him, however, it was always about the technology. In addition to these claims, some employees of the company are also being addressed.

Sønstebø speaks about individuals

For example, he calls on Dominik Schiener, Co-President of the Board of Directors and founder of IOTA, to no longer call himself a co-founder of the company:

You were not involved in developing either the Tangle theory or the IOTA vision. While we were designing IOTA, you had no idea or interest in IoT and played no role in the vision of machine economy, data integrity through DLT, free of charge, etc. You didn’t even know about IOTA when this was concretized.