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RE: Can IOTA Be The Next Ethereum?

in #ethereum7 years ago

You ask the question whether IOTA can be the next Ethereum. I was expecting an explanation of Ethereum as smart contracts system whereas IOTA is primarily a transaction system (i.e., shoving coins around).

You probably meant: can IOTA become popular like Ethereum and undergo a massive price rise. Well, I think it can but first it needs decent, user friendly wallets and the network needs to prove battle hardened. The network must be able to survive shocks without the 'Coördinator' (a centralised 'police agent') switched 'on'.

So there's much to do for IOTA before it is prone for an Ethereum 'melt up'. But whales may have noticed this coin's potential already.

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Hi @wekkel fully aware of that.. i'm just highlighting what IOTA can do which in terms of transactions and it also not running on a blockchain like Ethereum. Of course it is still in a preliminary stage but the Industry that its tapping is huge and will pretty much has the ability to take over Ethereum in use case.

The 'take over' language is confusing to me as IOTA won't be running smart contracts. In that respect, IOTA won't be taking over anything from Ethereum.

If you mean 'take over' in terms of market cap, it is better to state this explicitly.

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