1 Level
11 Review
3 Karma
Review on IOTA by Denim Jeany
Iota cannot do generalized smart contracts and thus isn't really a competitorโฆ
Iota cannot do generalized smart contracts and thus isn't really a competitor to Ethereum. However, what it is a competitor to is State Channel networks like Lightning Network or Raiden. Both state channel networks and DAGs allow for great scalability and micro-transactions but are unable to do generalized smart contracts (as they don't have strongly ordered transactions)
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Pros
- Spectre protocol
Cons
- higher blocks
