In summary, Iota is not an ideal Blockchain platform for our everyday use. Itβ¦
In summary, Iota is not an ideal Blockchain platform for our everyday use. It solves some use cases, but so do other projects
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Pros
I don't really fancy this project, the pros are nothing out of the norm
Cons
Phone wallet doesn't exist yet. Still in the works.
Desktop wallet isn't user friendly. UCL's wallet is working to fix that.
Difficult for exchanges to adopt IOTA on their platforms. Not a copy-paste blockchain.
A lot of debunked FUD about the security of the tangle that some folks buy and some don't. My opinion is if IOTA was hackable then it would've been hacked. Really just that simple. There's only a billion dollar market cap up for grabs if you succeed...
Contains a lot of futuristic features that have never been done before: Ternary processing, quantum resistance, AI resistance to name a few. In my opinion, these features will simply have to run the test of time for people to trust they work as advertised.