If the security issues are so massive, I wonder, why there hasn't been any equivalent of the DAO on IOTA, yet? 🤔

Not implemented, yet, and not designed for are two different things.

Why isn't it designed for smart contracts? What hinders it to be implemented? It is already on IOTA's roadmap.

That's a new one! You mind elaborating?

So, what exactly are the problems you see with IOTA? Slightly higher storage and processing requirements? Both negligible, considering the benefits of ternary for the future. Regarding the "rule"