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Review on IOTA by lado sambal

Revainrating 4 out of 5

Ambitious and interesting project , want to replace bitcoin and reduce the…

Ambitious and interesting project , want to replace bitcoin and reduce the price of bitcoin, maybe it's useless

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Pros
  • IOTA creates their own Cryptocurrency technology instead of using Blockchain. THE TRANGLE!! IOTA calls it "The Tangle "new method of storing transactions through a mechanism called Directed Acyclic Graph. IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions.
Cons
  • not many know the technical feasibility, vulnerability, and lack of an open-source coordinator.

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