Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
Gyrsur
on 28/07/2018, 08:09:14 UTC
someone tried DagCoin (IOTA) in real life.

https://medium.com/andreas-tries-blockchain/iota-cannot-be-used-for-iot-loss-of-funds-may-occur-e45b1ed9dd6b

IOTA is the worst cryptocurrency I’ve reviewed so far. Installing the IOTA wallet was a pain. Receiving and sending IOTA tokens is technically challenging and time consuming. Address reuse can lead to loss of funds. There is no functional IOTA mobile wallet. There is no IOTA hardware wallet support.

But most importantly it is very clear that IOTA cannot be used on Internet-of-Things devices, the problem it markets itself as solving! How can a smart lightbulb or drone stay in sync with a “tangle” that requires vast amounts of CPU cores, RAM, and network bandwidth to stay in sync with?

↑ stop spreading such outdated FUD-stuff

"There is no functional IOTA mobile wallet" -> https://trinity.iota.org/
"There is no IOTA hardware wallet support" -> https://www.youtube.com/watch?v=4K7nz-MVcUY
"requires vast amounts of CPU cores, RAM, network bandwidth" -> https://twitter.com/green_protocol/status/957609881166467075

thank you very much for the new links!

is there a testnet available where I can try it for my own to prove it is working?

with and without my own personel Coordinator because I don't want to trust third parties?

where can I find the code of the Coordinator? Is it Open Source?