IOTA should be overtaking Bitcoin Cash any day now. This is a moonshot for HODLers. It's true that the software is clunky, but if that can be fixed this may eventually overtake Ethereum. It could also become a contender for #1 if the theory behind it holds and it's executed in practice. IoT will be a trillion dollar industry.
What technology is better IOTA or BTC? What partnership has BTC and what IOTA?
IOTA 1000 times more, so its a matter of time for IOTA to be number 1 in CMC
those partnerships don't mean a thing. Bitcoin has real world uses for 8 years now. Thousands of stores that accept bitcoin both online and offline. Cash dispensers that where you can withdraw BTC.
When IOTA will start to be actually used to buy something then it will be the real thing. It's never going to be number 1 until then. For now we are just speculating, pumping and dumping. 100% of transactions are speculative.
if partnership with Cisco, Microsoft and likes means nothing to you then means you know nothing. it seems you missed IOTA train!
As a software developer working for several big companies until now, I can tell you a partnership with Microsoft means nothing. ALL the companies I worked for in the past were "partners". Don't fall for buzzwords. Neither of these companies have promised to do anything special yet.
Also I didn't miss the train at all. I'm on it, but I'm keeping my eyes open. There is a lot of promise, but I also see it moving fast and I see plenty of risks to derail. When I see the fanboy attitude in the thread I get really scared because the train seems to run blindly
While the tech is very promising (which is why I actually bought quite a few coins) there are some really big problems:
- 2 huge security problems until now (inventing their own encryption + address re-use after snapshots leading to wallets getting hacked)
- still centralized depending on the coordinator. We have no proof the coin can ever be decentralized
- iota foundation can apparently seize funds? can you say centralized again?
- 10 people own 50% of the currency mass
- transactions go unconfirmed for days and need to be replayed all the time - how will this work again for IoT?
- currently only on a single broker that was suspended in the US (shady broker)
