Here’s the Deal
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Mastercoin vs IOTA
When comparing Mastercoin vs IOTA, the Slant community recommends IOTA for most people. In the question“What are the best cryptocurrencies?” IOTA is ranked 10th while Mastercoin is ranked 16th. The most important reason people chose IOTA is:
Anonymous Transactions and messaging is on the roadmap!
Ranked in these QuestionsQuestion Ranking
Common Questions
Pros
Pro Devs have promised that the coin will be able to facilitate trading of any crypto
Pro Devs have promised that the coin will be able to be used to create own crypto
Pro Anonymity - Coming Soon
Anonymous Transactions and messaging is on the roadmap!
Pro Fully Decentralized
Cons
Con Lots of promises, nothing concrete 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.