Review on IOTA by Fábio Henrique Guimarães
IOTA
IOTA is a cryptocurrency created with the aim of strengthening the ties of digital currencies with physical commerce, so the proposal is to create a partnership with commercial establishments, so that IOTA customers can use the currency with ease. The coin was developed by a modular system and its network consists of the connection of several electronic devices. This modular technology promises to bring less space in the device system and more speed, since all devices will be interconnected. IOTA is different from other currencies on the market. It is a radical change in the paradigm, since it is a currency that does not use the blockchain system, it managed to solve the limitations of cryptocurrencies and also Bitcoin.
Pros
- Greater speed in transactions.
- Do not charge fees for transactions.
- Resistance to hacker attacks.
- Has the most secure storage of messages and data.
Cons
- There is no negative point.
