Review on IOTA by Alex Cabello
A non-blockchain-based cryptocurrency
One of the greatest technological innovations of this project is to be able to work with the sharing of information and value between equipment, facilitating the internet of things. This cryptocurrency would be a pillar of smart cities, in addition to ensuring that transactions are very fast. It is not based on blockchain technology, but on mathematical algorithms, which significantly differentiates it from other cryptocurrencies on the market. Many people do not know how it works and philosophy, they simply obtain it for speculative purposes, despite this, it is a good currency to have in our investment portfolio.
๏ปฟ
Pros
- High usability due to the speed of the transactions
Cons
- Sun functions and applications are little known
