Here’s the Deal
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When comparing Namecoin vs IOTA, the Slant community recommends Namecoin for most people. In the question“What are the best cryptocurrencies?” Namecoin is ranked 9th while IOTA is ranked 10th.
Ranked in these QuestionsQuestion Ranking
Common Questions
Pros
Pro Can be used to create a decentralized DNS
Pro Anonymity - Coming Soon
Anonymous Transactions and messaging is on the roadmap!
Pro Fully Decentralized
Cons
No cons yet!
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.