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IOTA is a well known fraud, highly distrusted and discredited among anyone following cryptocoins. https://medium.com/andreas-tries-blockchain/iota-cannot-be-us
by badge 8y ago
IOTA is a well known fraud, highly distrusted and discredited among anyone following cryptocoins.
https://medium.com/andreas-tries-blockchain/iota-cannot-be-used-for-iot-loss-of-funds-may-occur-e45b1ed9dd6b https://medium.com/andreas-tries-blockchain/iota-cannot-be-u...
The network is centralized and unusable.
There is no real world use case, and additionally the architecture is optimized for Trinary which is weird for IOT hardware because it's not mass produced to the scale of normal binary hardware.
https://en.wikipedia.org/wiki/Ternary_computer https://en.wikipedia.org/wiki/Ternary_computer
- jki275 8y ago"not mass produced to the scale of normal binary hardware" is the understatement of the century -- other than that completely agree, IOTA is an absolute fraud.