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Tokyo
1 Level
25 Review
10.25 Karma

Review on IOTA by Ersain Kubaevich

Revainrating 4 out of 5

In front of you is the IOTA crypto project, which is a cryptocurrency.

Hello everyone. At the moment, the plan is focused on making it easier for people to carry out their own day-to-day transactions without very high risk. For this, the company also said that it actually has the ability to remove the bulk of the tasks that normal ones now face, such as backlog or the decentralized nature of cryptocurrency mining, as well as other problems that are associated with this. However, IOTA is not, for example, invincible, as it has the ability to ascend, due to the fact that they are still vulnerable to cyberattacks. Unlike Bitcoin, their mIOTA cryptocurrency is first mined, and transactions are negotiated differently than on the blockchain. IOTA has also offered a fresh technique for data structures. This method is popular as a ball. Actually, what he prepares, for example, is that, in fact, transactions have every chance of being processed at the same time, and not one by one. Thereafter, as more and more systems relate to it, IOTA is a distributed ledger and non-closed source cryptocurrency designed to record and execute transactions between machines. The currency is popular as the mIOTA. This plan was originally designed to reduce the cost of the microprocessor. Its long-term task is to freeze in normal mode for conducting transactions between mobile devices. By 2020, billions of mobile devices were connected to the Online, and as a result, more and more devices are exchanging data with each other through the Online, and transactions are made every day. IOTA what was founded in October 2015.

Pros
  • Kind and revolutionary.
  • Virtually no commissions or fees.
  • There is no mining, due to the fact that all the coins were first mined.
Cons
  • Just vulnerable.

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