Review on IOTA by Miota Belly

Name: IOTA
Item: IOTA
Rating: 4

September 02, 2018

iOTA's uses a technology that has great potential. If successful, Tangle can…

iOTA's uses a technology that has great potential.
If successful, Tangle can be a viable competitor to block transaction technology, and the internet market for microtransfer matters will continue to grow. Since IOTA is the latest technology, its technology is not fully tested which is a source of concern
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Pros

IOTA stands for the Internet of things application and is a new encryption technology that facilitates transactions between sites on the Internet. IOTA deals with transaction fees and scalability issues with blocking techniques by deleting block and chain. Instead of sending you an event in an IOTA book, you'll need to review two more previous events

Cons

Many crypto technologists have questioned the viability of IOTA as a platform. By introducing so many new technologies at once, it is difficult to believe that there are no drawbacks or shortcomings in the application of IOTA. The technology behind IOTA was simply not well enough to be aware of how she worked on scale and how she handled the attacks. This general lack of tests and peer reviews is a major concern for IOTA reviewers.