IOTA: A tangled mess
IOTA is the only big cryptocurrency that seems extremely fishy to me. The trick is that even a fairly technical person (like me) cannot easily refute it based on the whitepaper, because the whitepaper is intentionally indecipherable, and does not have enough information to evaluate the project anyway. The average person sees such a whitepaper, and is amazed by the complicated scientific formulas. A good engineer&#x2F;scientist on the other hand gets uneasy about it I think. I don&#x27;t understand how a huge network of full nodes, nodes which are small indusrtrial devices can scalably reach consensus in a fast way. Even storing the full state is impossible, not to speak about history. It is independnet on whether we use the DAG or blockchain. That is why scalability plans on other networks go into the direction of sharding, or have a smaller number of powerful nodes, or use layer 2, etc...<p>Crypto communities fight each other (BTC vs. BCASH, DASH vs. Monero, Ethereum vs. EOS) but these are all serious projects. The whole community should speak up about IOTA instead.