Here’s the Deal
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When comparing Chia vs IOTA, the Slant community recommends Chia for most people. In the question“What are the best cryptocurrencies?” Chia is ranked 4th while IOTA is ranked 10th.
Ranked in these QuestionsQuestion Ranking
Common Questions
Pros
No pros yet!
Pro Anonymity - Coming Soon
Anonymous Transactions and messaging is on the roadmap!
Pro Fully Decentralized
Cons
Con E-Waste
Generates enormous quantities of electronic waste from burnt-out hard disks and SSDs
Con Centralized
IOTA is currently partially centralized due to its "coordinator" which is expected to be soon removed.
Con Unproven consensus mechanism
The new consensus mechanism is unproven against attack. Mana can be rented.
Con Not as Secure
It is arguably not as secure as other cryptocurrencies like NANO.