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Review on IOTA by Niklas Dreher
I really like this project! IOTA hit the crypto-world after their ICO, theyβ¦
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I really like this project! IOTA hit the crypto-world after their ICO, they listed in top 10 of all coins but suddenly they fall down to Top 25 on June 26, 2017. The good here, as of now they got the spot of Top 7 in market cap :) I always watching this coins because they have a great project concept. And I already invested in this coin. Two thumbs!
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Pros
- The scalability As the transaction rate increases, scalability also increases . With IOTA, the system continues to scale - the more subscribers and transactions the system has, the faster it gets. More importantly, the latency , that is, the time between placing a transaction and validating, is approaching zero as soon as you reach a certain size. IOTA trumps Blockchain's scalability.
Cons
- Will it be 10s of thousands of dollars to disrupt IOTA? It seems like you could do it on much less. And it wouldn't disrupt a single micro transaction, it would disrupt all of the transactions for the duration of the attack. Does the IOTA foundation have a dedicated server farm to make sure the network is secure in the early stages?
