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Review on IOTA by Shyam Satpal Singh

Revainrating 4 out of 5

OTA is an interesting and ambitious project. If IOTA becomes successful, then…

OTA is an interesting and ambitious project. If IOTA becomes successful, then it may render the price of bitcoins useless. The IOT aspect of IOTA is very interesting as machines have the ability to trade information, goods and services for income.



Pros
  • IOis a new transaction settlement for the internet of Things. IOTA best part is that IOTA has no transaction fee. The second advantage of IOTA is its strong community.TA
Cons
  • IOTA much more cheaply, and plus there's no direct incentive to start generating a lot of protective hashing for IOTA like in a proof-of-work blockchain.

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