1 Level
3 Review
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Review on IOTA by Brad Morrison
The Tangle platform that this coin serves as the transaction medium on isβ¦
The Tangle platform that this coin serves as the transaction medium on is revolutionary and allows for very fast and fee-less transactions. This is a real game-changer that will allow for microtransactions that facilitate the Internet of Things (IOT). IOTA is an incredibly interesting project that is already being harnessed for these characteristics by the block chain community.
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Pros
- Very fast transaction speed with NO cost. This is accomplished using their innovative "Tangle" platform. Side chain coins developed by other entities have already emerged that are utilizing this platform so adoption is happening.
Cons
- The Tangle platform is a new concept and requires considerable tailoring to connect with existing system architectures. Being so novel, the shortcomings aren't entirely clear at this point.
