Ambitious and interesting project , want to replace bitcoin and reduce theβ¦
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.