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Portharcourt
4 Level
131 Review
102.5 Karma

Review on IOTA by Paul Maduagwu

Revainrating 3 out of 5

Future technology they said.

IOTA maybe promising, but I don't think it's a finished product yet. The scalability issue is still there as users till this day talk of transaction being pending for hours, some days.
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Also users where restricted from accessing their wallets early this year as a safety measure. Which might pose questions how decentralised the blockchain really is.
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So far, they have made some promising partnerships too with Land rover, Dell and others. You can read more about that on their official website.
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The white paper speaks volumes but the technology isn't quite there yet, but the team is working and most probably will get IOTA working as it should.
experien

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Pros
  • Decentralized
  • Feeless
  • High scalability
Cons
  • Wallet is not friendly for new users
  • Bottlenecks in sending transactions

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