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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: awilliams on February 12, 2018, 11:20:05 PM



Title: Rival to IOTA
Post by: awilliams on February 12, 2018, 11:20:05 PM
IoT chain announced that they recently launched their yellowpaper on Github. They are known as the IOTA of china. What do you guys think of their tech??

yellowpaper - https://github.com/IoTChainCode/Documents/blob/master/ITC_YELLOW_PAPER_DRAFT.pdf

cmc - https://coinmarketcap.com/currencies/iot-chain/


Title: Re: Rival to IOTA
Post by: TimeHacker on February 12, 2018, 11:32:08 PM
Since IOTA already has a lot of development and partnerships behind it, to rival it, the new "cryptocurrency" must be considerably better in some way, which I doubt it is.
I'd say Byteball, which is also based on DAG, is better suited for use by people, so it might excell in this type of usage, but I doubt there's something better than IOTA for IoT.


Title: Re: Rival to IOTA
Post by: cioloxl on February 12, 2018, 11:36:47 PM
Seems to me xrb would be a decent contender, but afaik there are no smart contracts on their chain. However, no matter how many viable alternatives there are to one of the popular coins, there's always the first mover advantage. Until it isn't, but it mostly is. We have the example of NEO, which, imo, is a much better platform than eth. Eth, however, has the ethereum alliance behind it. Always getting partnerships left and right. Already involved in the development of the whole ecosystem.


Title: Re: Rival to IOTA
Post by: cryptobrotherz on February 12, 2018, 11:39:00 PM
China is a force to be reckoned with. They are heavily involved in crypto and they are also very smart. They have the potential to be a rival. However, they have quite a road ahead of them to catch up to the point where IOTA already is. I think of them like NEO to Ethereum (Neo has quite a lot going for them so I know it isnt the same). I just mean both are behind their American counterparts but both have great potential to reach the level of their competitors.


Title: Re: Rival to IOTA
Post by: MoonIsBlue on February 13, 2018, 12:31:28 AM
Since IOTA already has a lot of development and partnerships behind it, to rival it, the new "cryptocurrency" must be considerably better in some way, which I doubt it is.
I'd say Byteball, which is also based on DAG, is better suited for use by people, so it might excell in this type of usage, but I doubt there's something better than IOTA for IoT.

1. Doesn't have a functioning wallet
2. Is centralised**
3. MIT studies show IOTA is actually trash

**= They promise it will be decentralised but with all the funds being held hostage by them at will I find it hard to believe they really know what they're doing, also I wouldn't invest in something where the devs can take my coins hostage at will. I don't think IOTA is a very rational investment choice in all honesty. And I keep hearing people who hold this coin say how great it is, well what exactly makes it great?

Is it the working tech?
Is it the centralisation?
Is it that the devs take funds hostage?
Or is it the false partnerships announced by the devs which they later claim to have never mentioned?

Also I think people are forgetting that there's competition in this industry. Its like people here assume A COMPANY will take a monopoly, which will never be the case.


Title: Re: Rival to IOTA
Post by: shandiem14 on February 13, 2018, 02:04:09 AM
Since IOTA already has a lot of development and partnerships behind it, to rival it, the new "cryptocurrency" must be considerably better in some way, which I doubt it is.
I'd say Byteball, which is also based on DAG, is better suited for use by people, so it might excell in this type of usage, but I doubt there's something better than IOTA for IoT.

1. Doesn't have a functioning wallet
2. Is centralised**
3. MIT studies show IOTA is actually trash

**= They promise it will be decentralised but with all the funds being held hostage by them at will I find it hard to believe they really know what they're doing, also I wouldn't invest in something where the devs can take my coins hostage at will. I don't think IOTA is a very rational investment choice in all honesty. And I keep hearing people who hold this coin say how great it is, well what exactly makes it great?

Is it the working tech?
Is it the centralisation?
Is it that the devs take funds hostage?
Or is it the false partnerships announced by the devs which they later claim to have never mentioned?

Also I think people are forgetting that there's competition in this industry. Its like people here assume A COMPANY will take a monopoly, which will never be the case.

I'm going to pick this one, If Dev are doing good as well mark my word IOT will be in top 20 soon. If they are doing their job very well the price will spike up! i hope this is better than XRB also.


Title: Re: Rival to IOTA
Post by: dealung on February 13, 2018, 02:18:30 AM
IoT can be a rival IOTA, but it will not beat IOTA, not an easy thing for IoT and takes a lot of time and something more than IOTA. If we see the price, obviously IOTA lose, but if you see the market cap, then IoT far behind from IOTA.


Title: Re: Rival to IOTA
Post by: Tynovten_ on February 13, 2018, 04:30:27 AM
This is so good for long-time period. There's no one who don't like ino from all the news i've read. A year above will reach $15-$23 (prediction) and will not break down.

Try to read this news. https://walletinvestor.com/forecast/iot-chain-prediction


Title: Re: Rival to IOTA
Post by: Newboybb on February 13, 2018, 05:11:13 AM
In my opinion, IOTA has been successful enough, so it is difficult to have tokens to surpass it.
And as you said, this token is from China, and I have a very cautious attitude towards the Chinese token.


Title: Re: Rival to IOTA
Post by: ccryptopark on February 14, 2018, 12:12:28 AM
I think IoT Chain is a great contender. There are lots of problems with IOTA (centralized architecture, security, supply. etc). I see ITC as the up and coming since they use DAG tech. Very impressive read I found where they compare the two: https://www.huffingtonpost.com/entry/a-beginners-guide-to-iot-chain-the-iota-of-china_us_5a4a4edee4b06cd2bd03e183


Title: Re: Rival to IOTA
Post by: teddyelwyn on February 15, 2018, 12:15:36 AM
dude iota sucks. I never got into them based on their metrics and such. great industry to get into since there's a huge influx of IoT devices. looks like ITC has my vote.


Title: Re: Rival to IOTA
Post by: deniskiely on February 15, 2018, 12:16:55 AM
IOTA is a really slow project with nothing real application for months. I don't know why people keep investing to it ?


Title: Re: Rival to IOTA
Post by: jdbao on February 15, 2018, 01:20:32 AM
I see Chinese IOTA and Korean IOTA every day, just as I often see ETH of China and ETH of Korea, people always like to compare with the best representatives in the industry to get people's attention.
But , it is just advertising, they eventually can not become China's IOTA.


Title: Re: Rival to IOTA
Post by: omitusaf on February 15, 2018, 01:29:41 AM
I,m tempted to say that China always comes out with carbon copies. Why can't they come out with a novel idea? We're still waiting to see how the NEO plays out and here's another one.
Pls, even if it's just once, THINK!


Title: Re: Rival to IOTA
Post by: Endikadija on February 15, 2018, 02:32:41 AM
IoT chain announced that they recently launched their yellowpaper on Github. They are known as the IOTA of china. What do you guys think of their tech??

yellowpaper - https://github.com/IoTChainCode/Documents/blob/master/ITC_YELLOW_PAPER_DRAFT.pdf

cmc - https://coinmarketcap.com/currencies/iot-chain/
So, what's different with those are comparing ethereum with neo as the chinese ethereum? But the fact that neo is not a rival of ethereum itself. It looks good but remembers IOTA has so many bug. And IOTA is not the only one DAG system coin. Byteball which more mature than IOTA and Raiblock as the alternative DAG coin for IOTA. I think that it will be so difficult for IoT chain.


Title: Re: Rival to IOTA
Post by: singlecrytpo on February 16, 2018, 10:34:55 PM
I found this comparison really helpful for iota vs ITC. https://www.huffingtonpost.com/entry/a-beginners-guide-to-iot-chain-the-iota-of-china_us_5a4a4edee4b06cd2bd03e183

The barrier for IOTA is how unsecure it is and that's why I got into ITC. Security for IoT is so important.


Title: Re: Rival to IOTA
Post by: craigpo on February 16, 2018, 10:38:35 PM
itc has a huge chance in beating iota in terms of supply and tech. looks like itc's tech is a hybrid of DAG+PBFT, making scale easier. already own some but I would buy more if I could


Title: Re: Rival to IOTA
Post by: h55 on February 16, 2018, 10:43:11 PM
IoT chain announced that they recently launched their yellowpaper on Github. They are known as the IOTA of china. What do you guys think of their tech??

yellowpaper - https://github.com/IoTChainCode/Documents/blob/master/ITC_YELLOW_PAPER_DRAFT.pdf

cmc - https://coinmarketcap.com/currencies/iot-chain/

IOTA is not good coin becuase: It is centerlized, Doesn't have a good wallet; some of Wallet hacked in last week. but it is fee is good. in sum; I do not belive IOTA for holding


Title: Re: Rival to IOTA
Post by: jdarren on February 17, 2018, 09:36:05 PM
IoT chain announced that they recently launched their yellowpaper on Github. They are known as the IOTA of china. What do you guys think of their tech??

yellowpaper - https://github.com/IoTChainCode/Documents/blob/master/ITC_YELLOW_PAPER_DRAFT.pdf

cmc - https://coinmarketcap.com/currencies/iot-chain/

IOTA is not good coin becuase: It is centerlized, Doesn't have a good wallet; some of Wallet hacked in last week. but it is fee is good. in sum; I do not belive IOTA for holding

THIS^ when I looked into ITC, it looks like they solve those problems like centralized architecture and security which is great in my books. thanks for sharing. looks like ITC is the best option


Title: Re: Rival to IOTA
Post by: awilliams on February 20, 2018, 09:29:25 PM
there's a really good thread talking about the tech behind ITC here: https://bitcointalk.org/index.php?topic=2976091.new#new

perfect time to pick up ITC and HODL


Title: Re: Rival to IOTA
Post by: wattcrypto on February 26, 2018, 01:30:40 AM
Saw this video by Crypto Love talking about how IoT Chain is better than IOTA, walton, and vechain - https://youtu.be/H_xM10AbmHQ


Title: Re: Rival to IOTA
Post by: keung0109 on February 26, 2018, 10:38:44 PM
itc is gaining some popularity. lots of people talking about them and their potential to overtake iota


Title: Re: Rival to IOTA
Post by: rmilly on February 26, 2018, 10:46:30 PM
Shhhhhhh no one's supposed to know before all of us that know about it buy even more  ::)


Title: Re: Rival to IOTA
Post by: cvan on February 27, 2018, 11:54:55 PM
IOTA is a joke. That's why I like ITC way better. When you really look into it, you will find all of the answers to your questions. We can't deny that the IoT industry is huge. I believe ITC will be the leader in security of IoT

https://hackernoon.com/the-alternative-crypto-iot-chain-itc-b6c8621120ae


Title: Re: Rival to IOTA
Post by: singlecrytpo on March 05, 2018, 02:24:35 AM
woohoo looks like crypto lark is making a video about ITC. https://twitter.com/TheCryptoLark/status/969347833475166209

all aboard the ITC train


Title: Re: Rival to IOTA
Post by: MartoValenti on March 05, 2018, 11:49:07 AM
Guys, I cannot understand why some of you underestimate so much IOTa. IOTA is a great project with great idea. Yes, they are little slow (probably this is their main weak spot), but if they bring this project till the end, this could be the game changer in the crypto world.
Also, I cannot see any real rival to IOTA at this point...


Title: Re: Rival to IOTA
Post by: Tulen1990 on March 05, 2018, 09:45:29 PM
Guys, I cannot understand why some of you underestimate so much IOTa. IOTA is a great project with great idea. Yes, they are little slow (probably this is their main weak spot), but if they bring this project till the end, this could be the game changer in the crypto world.
Also, I cannot see any real rival to IOTA at this point...

Not a lot of people like IOTA because of that along with the centralize nature of it. ITC solves that problem and adds security. This was an interesting comparison between the two: https://www.huffingtonpost.com/entry/a-beginners-guide-to-iot-chain-the-iota-of-china_us_5a4a4edee4b06cd2bd03e183


Title: Re: Rival to IOTA
Post by: gregall on March 14, 2018, 09:32:12 PM
Did anyone see that ITC expanded into south korea by getting listed on Coinrail??


Title: Re: Rival to IOTA
Post by: tiggytomb on March 14, 2018, 10:26:33 PM
IoT chain announced that they recently launched their yellowpaper on Github. They are known as the IOTA of china. What do you guys think of their tech??

yellowpaper - https://github.com/IoTChainCode/Documents/blob/master/ITC_YELLOW_PAPER_DRAFT.pdf

cmc - https://coinmarketcap.com/currencies/iot-chain/
I prefer Nano to IOTA, it is a rival but seems to have a lot more going on right now, IOTA seem to be extremely quiet I haven't heard much happening recently.


Title: Re: Rival to IOTA
Post by: jack107 on March 17, 2018, 11:51:46 PM
IoT chain announced that they recently launched their yellowpaper on Github. They are known as the IOTA of china. What do you guys think of their tech??

yellowpaper - https://github.com/IoTChainCode/Documents/blob/master/ITC_YELLOW_PAPER_DRAFT.pdf

cmc - https://coinmarketcap.com/currencies/iot-chain/
I prefer Nano to IOTA, it is a rival but seems to have a lot more going on right now, IOTA seem to be extremely quiet I haven't heard much happening recently.

itc is the better option imo. Lots of dev going into it and important meetings lately with bosch and hashed


Title: Re: Rival to IOTA
Post by: cvan on March 22, 2018, 11:11:47 PM
I see a big future for itc. It is a hodl coin for sure. perfect time to buy some


Title: Re: Rival to IOTA
Post by: Jansaa on March 22, 2018, 11:16:47 PM
IoT chain announced that they recently launched their yellowpaper on Github. They are known as the IOTA of china. What do you guys think of their tech??

yellowpaper - https://github.com/IoTChainCode/Documents/blob/master/ITC_YELLOW_PAPER_DRAFT.pdf

cmc - https://coinmarketcap.com/currencies/iot-chain/
IoT and IOTA is the best new crypto coin! I think! It's like ETH and NEO! You can invest or not! But carefully!


Title: Re: Rival to IOTA
Post by: cvan on March 22, 2018, 11:32:54 PM
IoT chain announced that they recently launched their yellowpaper on Github. They are known as the IOTA of china. What do you guys think of their tech??

yellowpaper - https://github.com/IoTChainCode/Documents/blob/master/ITC_YELLOW_PAPER_DRAFT.pdf

cmc - https://coinmarketcap.com/currencies/iot-chain/
IoT and IOTA is the best new crypto coin! I think! It's like ETH and NEO! You can invest or not! But carefully!

yes itc is so underrated and their tech is better than IOTA. I can't wait until their mainnet release this year


Title: Re: Rival to IOTA
Post by: L1240erion on April 03, 2018, 09:49:08 PM
I see more momentum with ITC nowadays. They posted a new roadmap too: https://medium.com/@IoT_Chain/iot-chain-roadmap-update-dda2e859c204


Title: Re: Rival to IOTA
Post by: inillo on April 03, 2018, 09:51:12 PM
In theory anyone can launch an "iota killer" but a crypto is not just a chain, but a whole development route and all the required alliances to make the coin work.


Title: Re: Rival to IOTA
Post by: Btc4Proxies on April 06, 2018, 09:07:57 PM
In theory anyone can launch an "iota killer" but a crypto is not just a chain, but a whole development route and all the required alliances to make the coin work.

Yes I think they can and they already are. DAG tech is going to smash IOTA's tangle/centralized architecture. Iot chain has a lot of promise based on the tech, team, and partnerships imo.