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Review on IOTA by Hugo Vargas

Revainrating 4 out of 5

Looking to the future ... IOTA has huge potential to facilitate digital…

Looking to the future ... IOTA has huge potential to facilitate digital payments for everyday transactions and commerce, but it also offers a technology that makes IoT communication a reality.

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Pros
  • IOTA does not use a chain of blocks but a shared ledger. The goal is to be used by internet devices of things to buy, sell and market data.
Cons
  • There are critics who say that IOTA is too centralized and have questioned its general security system.

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