Review on IOTA by José A Rodríguez
A Modern Blockchain and Futuristic Project
A Contributor to the New Economy
Every blockchain and cryptocurrency project has an inner purpose to be released. Some of them look for giving resources to follow total financial freedom, others con-tribute to the world's economic development, and some of them have deep values cen-tered with the planet’s social change itself. But there is one that is aimed to follow these three purposes as once besides storing data and boosting value through exchang-es.
Iota is a project that caught my attention when I revised its platform, it is fully devel-oped with the best of technology. I noticed this blockchain does not depend on blocks and miners to be what it is today: A scalable project. Some of its clients contribute to the idea this network is there for many global changes related to the economy. Person-ally, the project is practical to use and presents some brand features, like the fact it runs faster than others and it is active even with low resources. Besides, when trading people confirm it does not list fees for transactions. What people send is what the oth-ers receive, not less, not commissions.
This project is so advanced that it is considered innovative in the social world. I see it as a futuristic project since it shows modern technology for cards to execute payments in the road and public services. It is functional for many industries and healthy sectors at all.
On the other hand, Iota runs under four different nodes. Each one of them comple-ments it as a whole, fully developed technology of open-source. Two of the major nodes have an inner language similar to the one used by Ethereum. Moreover, the pro-ject counts with great development support by part of its team.
The Infinity Chain of Iota Token
A Financial Project is completed when its coin spread the general purpose of the company. In the case of Iota Token, it is a coin powered by clients and traders themselves. As I said before it does not depend on the miner to be raised. This token is fairly dis-tributed around the world, so Iota Holders know the importance of this token for its local communities.
In conclusion, Iota has excellent resolutions and it is committed blockchain aimed at the social and economic world change. It belongs to the future, and the future is al-ready present.
Pros
- Advanced security parameters. The entire project runs under a high technology that protects it from common scamming issues. The company always reminds people of being their guard to use the blockchain.
- Official wallet called Trinity. The project is fully completed with every product the company releases. The product is available for both desktop and mobile devices.
- Open-source technology. It receives great support from its inner nodes, the general developers.
- Global coverage and millions of users daily listed. The project is directed to a social change in the economy.
Cons
- The platform is so versatile that some of the products are still experiencing functionality by customers themselves. There is much content to cover.
