I have seen many people saying that after the newly release of Chrysalis which upgraded the IOTA network a lot, that developers from Ethereum and blockchain in general will swich to IOTA. Is this because of scalability and no fees?
Please give some reasons and points to this and how you think this will grow in the future.
I have a project on ETH. IOTA is interesting but does not provide the required toolset yet. I will re-evaluate after Smart Contracts are introduced.
Leo Brooks
Thats interesting. Smart Contracts will be out in September. Excited to see what you will develop.
Wyatt Bennett
Interesting to hear a dev perspective. I know that their ecosystem fund currently offers quote big grants for devs to build a toolkit which enables easy migration from blockchains like eth to the tangle. hopefully that will drive some extra network usage once available. Unfortunately smart contracts won't be here in 2020 but its good to see that iota is at least on devs' radars as potential alternative. Out of curiosity, would your business model be feasible on eth with the current level of gas fees?
Landon Roberts
Wow IOTA has grown by leaps and bounds. Remembered IOTA from 2017 and thought it was a cool project. Surprised to see them doing well in the space. Will def check it out.
Joshua Ross
I have a small stack of IOTA since I'm a poorfag. It's going to moon obviously. However you can't compare apples to oranges OP. IOTA has a whole lot of other use cases but being used to swap on Uniswap is not one of them.
To my understanding IOTA will be used for the Internet Of Things. It's for machines/robots etc to communicate with each other (5g). It won't be used for payments like I've saw some r*ddit posts about how this could be used for UBI.
Ethereum had it's use but seeing the gas fees and then seeing all the news about Ethereum 2.0. It's obvious that he won't live up to those expectations and it's gonna crash.
a tool like that would help a lot i wonder of that way people could copy smart contracts over
Connor Turner
Are you able to simply swich ur projects from ETH to IOTA or would you have to rebuild it?
Colton Parker
Look at my last message,the aforementioned tools might be of great help and lower the boundaries of switching for the sake of a try-out. Such tools do not exist yet.
Fees are why we are looking at alternatives. IOTA is not the only tech we are looking at.
Mason Robinson
ETH maxis want to neck themselves with all these gas fees
Colton Gray
Look at holochain
Nathan Phillips
Fair enough. Well best of luck with the project. Hopefully we see more of it in the future. And feel free to join the IOTA Discord if you have any questions. The comunity is always active to help out with whatever it is.
IOTA is undervalued like crazy. I'm actually waiting for chrysalis pt2, finally UTXO, and bye to bundles.
Then industry adoption will go crazy. Especially few months later after coordicide
Owen Wilson
What other tech are you looking at?
Bentley Bennett
Thats still to be figured out. There have been a few applications with proposals how to solve this, but they have been OK at best so far. The ideal solution hasn't been found or funded yet. Iotas ecosystem development manager frequents Zig Forums quite a lot, maybe he can add more to this.
Again, not defined yet. But the idea is that it would take minimal effort to migrate onto the tangle without the need to build everything from scratch.
Joseph Foster
Please gtfo. These low quality shills make iota look worse than any 2017 pajeet scam. Add something useful or go back to wanking off David in #casual
Julian Campbell
THIS ENTIRE THREAD FUCKING STINKS
Nathan Phillips
>THIS ENTIRE THREAD FUCKING STINKS sir, i have washed since being outside, please check the thread for stinkings agains?
David Collins
Iota may or may not moon but no devs are switching over without years investment in dev tooling (which iota doesn't have) and no corporations are switching without a good reason, and the fact that smart contracts aren't even out yet means this shit is DOA.
The literal founder used to play call of duty 4 online and sell hacks for it. Fucking cheating scamming bastard
Aaron Peterson
i've used the official wallet since the very beginning. never lost my funds. didn't use a scam seed generator. not a retard, not a problem
Cooper Gray
IOTA will be a standard, the rest will be shitcoins forever
Check out MOBI, smart cities, JLR, don't be an idiot fag
Daniel Jones
your a fucking infant brain retarded clown if you manage too lose your funds
Jayden Russell
Iota is the best fuck the rest. Best vision and best market orientation. It is aimed for IoT and machine to machine payments. This thing will blow up in no time! Go buy some before it gets expensive!
Aaron Murphy
industrial developers already have a focus on IOTA. Just watch this TECH TALK today: youtube.com/watch?v=tZUPpvWB4po Even if Ethereum had lower fees there's a big difference in 0,1 and 0 if you have billions of transactions.
John Anderson
>he thinks eth maxis are upset that eth has the highest usage ever with 2.0 inevitably coming Fucking newfag KYS