IOTA vs RaiBlocks


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Winston
Winston
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All credit to this post on Reddit: https://www.reddit.com/r/Iota/comments/7pl6q9/question_whats_the_difference_between_iota_and/dsi5gdt/
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"One is vulnerable to penny spend attacks

https://www.reddit.com/r/RaiBlocks/comments/7lfpad/grow_the_block_lattice_by_1gb_for_640_the_threat/

The other is not

One is vulnerable to spam attacks.

https://www.reddit.com/r/CryptoCurrency/comments/7le4r6/cost_of_spamming_the_raiblocks_network/

The other is not.

One is vulnerable to asics.

http://www.reddit.com/r/RaiBlocks/comments/7netoy/what_happens_if_someone_makes_a_blake2_asic_to/

The other is not.

One is centralized now under developer ran account representatives that resolve all double spend disputes. These representatives will be replaced by exchange wallets when they hold a majority of user’s coins for voting consensus (yay binance!). Bitgrail already has its own. Long term, security will ultimately be dependent on the security of the exchanges themselves not being hacked. This of course, has never happened before /s.

https://raiblocks.net/page/representatives.php

The other is semi-centralized through a coordinator that once off will make it the most decentralized cryptocurrency and network to ever exist, with 0 gimmicks.

One has a capped amount of transactions/second.

The other does not have a cap.

One is entirely designed for p2p and p2p only. Can not exchange data or anything meaningful outside of a coin balance.

The other is designed for p2p, m2m, m2p, p2m, data storage, data exchange, data security, and smart contracts.

One does not have any business developers or legal entity for corporates to interact with to gain its p2p adoption.

The other does. With said companies also buying its tokens."
GO

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