Review on IOTA by Mayra Coba
Project with futuristic potential although it can be wasted
IOTA is an innovation that seeks to monetize and connect objects within the Internet with a scalable and powerful scheme similar to the blockchain.
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Functions and features in terms of applications
These are some of its applications and features already under development that seek to enhance this network:
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Vision and philosophy
This project has a vision towards the future, which is why it surprises me in terms of its usefulness in all its fields for the development of solutions with bases.
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Tangle
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The Tangle network is not based on a set of blocks stored in chains in sequence but works as an individual transaction stream entangled with each other. The concept is complex.
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Conclusions
It seems to me a very interesting project due to its philosophy and vision towards the future, but it still has problems in terms of the support or not it receives and it needs more action in the future if it wants to remain stable in the market if not the end for that supposed future that is coming for IOTA.
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Pros
- Available on different platforms.
- Maximum offer in orbit.
- Zero commissions for your transactions.
- A highly supported cryptocurrency.
- It uses a much more powerful technology called Tangle that surpasses the blockchain.
Cons
- Mining is not included in IOTA.
- Needs further growth as some concepts change suddenly.
- Vision and complex goals for the future.
