If the wood is put in a tank without being left out to dry for many many months (about a year) AND boiled it will release enormous amounts of tannins and probably saps/sugars into the water, causing
pH flucuations beyond what most fish can handle in short periods of time, algae outbreaks, possibly killing the fish due to the sugars that may still be present. As well as staining any substrate, decorations, etc from the tannins, possibly.
If the fish' lives are worth the wait to you I would strongly suggest waiting and boiling, both. If that is not worth it to you, then you can spend quite a bit of money on
driftwood that only needs boiled, from the shops.