BNB $607.00 -1.16%
XRP $1.22 -0.77%
ETH $1,794.42 +1.65%
BTC $65,806.68 -0.58%
BNB $607.00 -1.16%
XRP $1.22 -0.77%
ETH $1,794.42 +1.65%
BTC $65,806.68 -0.58%
BREAKING
Blockchain

Decentralized IOTA ETA Hype and Worry about the Real Coming

Iota ETA
Community Trust ScoreVerified
83%
Real
Verified29 votes
Updated 5 years ago

IOTA expressed, Exciting times ahead! We’re happy to become a member of The International Alliance for Mobility Testing & Standardization (IAMTS) to further the work on connected and autonomous vehicle testing.

Dominik Schiener, Co-founder at IOTA expressed:  “The potential use cases of IOTA in IoT are limitless, and ST_World is a key partner to enable this future. After all, they produce most of the hardware that goes into cars and IoT devices.” Further stated, really amazing to see how far we have come with the real-world adoption of IOTA.

For clarity, STMelectronics is a global semiconductor leader serving customers across the spectrum of electronics applications.

IOTA Community Members like Emir know very well how big of a threat a fully decentralized IOTA (mainnet) will be. Hence, they say these silly things on video, desperately trying to cover up that their project will be obsolete as soon as Coordicide is live.

Advertisement

Cynics were like:  Full decentralized IOTA network is still far away. This is the truth.

However, Dominik denied stating “No”.

There were those who chuckled stating:  Far away is a vague statement open to interpretation. To a Mayfly, tomorrow might seem far away.  Are you a mayfly? The months until the whole thing can go live will feel like years – so yes, it’s still a long way off.

Many were confident that there will be space for good projects like IOTA, Iotex, Polygon, Dot, Solana, Enji, Aaeve, Vechain, Wabi, etc. However, Investors don’t know what’s going on. They only look at profits.

Others were like, Yes but change nothing in the adoption for now. I don’t want to be negative, but it ridiculous that it is still not possible to deposit IOTA on binance. You lose money all the time and you don’t get an answer from them. If I had known that before.

Some were like:  If Binance added support to DOGE and SHIBA so quickly, in few weeks, I presume. Why is it taking so long for them to support the new protocol? IOTA had to delay the launch of Chrysalis and firefly one month due to Binance. No reason given yet.  Are there plans for IOTA to be available on Coinbase anytime in the future?

Decentralized IOTA still looks to be at least 12 months away. It is disappointing after all the roadmaps, “ETAs”, and hype statements. I like this project because of its green credentials but until it’s a working product it can’t challenge the energy guzzling behemoth that is BTC.

Community Trust IndexHigh Confidence
83%
Real
Real83%17%Fake
29 community signals

Dan Saada

Dan Saada holds a Master of Finance from ISEG Business School (France). With years of experience covering digital assets, Dan specializes in cryptocurrency market analysis, blockchain technology, and decentralized finance.

Advertisement

Related Stories