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Review on IOTA by Xmr Lee
IOTA uses the tangle algorithm, which is one of the fastest to makeβ¦
IOTA uses the tangle algorithm, which is one of the fastest to make transactions on the Internet. For each transaction sent by the user, the same device helps to commit two other transactions on the network. Transactions will be autonomous and do not require human intermediaries using the Internet of Things (IoT).
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Pros
- IOTA is able to bind almost all processes in the eco-system to the contacts by configuring the chain of transactions and the ability to conduct micro-transactions in huge quantities. Problems with scalability in Tangle, unlike blockchain, do not appear. Furthermore, the platform is executed so that the interaction device with other nodes does not have uninterrupted access to the Internet.
Cons
- Iota does not have a standard project to the best of my knowledge. All what we know seems to be only on paper
