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Revainrating 5 out of 5

My review about IOTA.

Today i want to tell you something about the IOTA foundation and the its coin called MIOTA. The IOTA Foundation was established in Germany as non-profit organisation in 2017 by Dominik Schiener and David Sønstebø. The IOTA founders developed a technology, called the "tangle architecture". It's distriubuted ledger technology like the blockchain but it offers several important advantages compared to a ordinary blockchain. While a blockchain is designed as blocks in a chain (like the word…

Pros
  • IOTA foundation is a non profit organisation.
  • Real decentralized currency.
  • Amazing distributed ledger technology, called "tangle".
  • No block size limit.
  • Fast transactions with almost no fees.
  • Claim to be quantum computer resistant.
  • Huge potential to become THE IoT transaction protocoll.
Cons
  • IOTA is ahead of its time, so very risky investment.
  • Technology is even more difficult to understand than blockchain.

Revainrating 4 out of 5

IOTA the technology that facilitates transactions between connected objects.

Over the past ten years, has the blockchain changed the way we see money? But is it already perfect? Can we still improve it? Many have advanced blockchain technology and overcome its shortcomings.   One of the inventions is IOTA, a cryptocurrency for the Internet-of-Things (IoT) industry. IOTA uses a different technology called Tangle, which is based on Directed Acyclic Graph (DAG), instead of blockchains. Unlike traditional blockchains where users perform transactions and miners verify…

Pros
  • Traditional blockchains levy transaction fees to reward minors, With IOTA, transactions are free because it is the users Who maintain the network.
  • A very innovative project, which is positioned on a market with enormous potential!
  • An ultra-scalable network
Cons
  • A strange consensus with very weak security;

Revainrating 4 out of 5

Good one

As the Internet of Things will be spreading and developing as a technology and a routine part of our lives, IOTA can become more and more useful for people around the world. That's one of the reasons why I believe that this cryptocurrency can become big. More than that, IOTA has a lot of differences that help it not to suffer from numerous known issues of other blockchain projects.

Pros
  • Fast and free transactions (it makes micropayments possible)
  • The platform is lightweight
  • Data marketplace
  • IOTA is quantum-computer resistant
Cons
  • DApps and smart contracts are not supported
  • Troubled wallet

Revainrating 5 out of 5

overall if we see iota is nice project and for their users it gives many more…

overall if we see iota is nice project and for their users it gives many more advantages and benifits like well transection also like security also the team suppot is nice and due to easy blockchai the usrs get mucch benifits to interact with each other .so however it is really benificial for users

Pros
  • iota is a great nice blockchain cryptocurrency having great position in market. good transaction. also security is really nice with weel benifits for users . easy to use and also the free to use great potential in market .
Cons
  • iota has some wallet realted problems and also not well progressed

Revainrating 5 out of 5

overall iota is best project iota is safe and long term coin

overall iota is best project iota is safe and long term coin

Pros
  • IOTA aim is empowering a global community to build a new shared economy, and I personally like iota team what a solid team I believe that iota will go definitely moonshot
Cons
  • IOTA wallet does not support low pc req

Revainrating 5 out of 5

IOTA is listed on big exchanges such as binance, bitfinex, Coinone, Houbi, and…

IOTA is listed on big exchanges such as binance, bitfinex, Coinone, Houbi, and much more

Pros
  • Best thing of iota has great potential to grow team is giving regular updates and iota has great advisors, and we know as blockchain adoption has increased multiple times that's why every holder must have iota on their portfolio
Cons
  • IOTA is facing too much criticisms

Revainrating 4 out of 5

IOTA has enormous potential for growth. So more and more we will see news…

IOTA has enormous potential for growth. So more and more we will see news about IOTA. I believe that it will value in the next few years. I believe on this project a lot

Pros
  • IOTA works with Tangle technology, huge scalability and speed, inexistence of rates,; Modular and lightweight structure. This project has many fans. Everyday springs companies interested for the technology
Cons
  • Iota wallet needs to be improved

Revainrating 3 out of 5

IOTA - The leader in decentralized data marketplace

IOTA is by far one of the best cryptocurrency with many outstanding features. It is very important to the growth of the emerging data marketplace. That many big companies have established partnership with it is a concrete evidence it will be a very huge in the near future. However, right now, it does not allow users to write smart contract and the network is predicted to suffer from a 34% sooner or later. Let's wait and see for its next development.

Pros
  • - All the transactions on IOTA blockchain can be processed without any fee. No "gas", no "tip", no problem. This is a big advantage for users who want their businesses run faster and more efficient
  • - As it takes nothing to send IOTA within this network, it is possible to transact any amount from the biggest to most little one
  • - Tangle is the groundbreaking technology of IOTA which solve the scalability of most currently existing blockchain. In the future, the number of processed transactions per second may reach the infinity
  • - Tangle also allows very slow computer join their network in a short time and this opens up many possibility for many people in the world
  • - IOTA enables a data marketplace where everyone can access and sell data even with very small amount of money and low-specs computers
  • - IOTA won't be attacked by quantum computers in the future as it runs "trinary," or balanced ternary computations that can help it network resist any attempts to perform 51% attack
  • - It is backed by many big corporations such as Microsoft, Tesla, Porsche, Fujitsu, Volkswagen, Samsung and many others. This proves that IOTA is a big innovation that it will grow bigger and bigger in the future
Cons
  • - Smart Contract is not available on IOTA blockchain so it is a very big challenge for this project's adoption. However, the team behind it is building an additional layer to support this important factor on their distributed ledger
  • - It is possible that a malicious node on this blockchain can perform a 34% attack (while other networks usually offer 51% attack)
  • - DAG protocol that is used by IOTA is not suitable to its overall idea

Revainrating 4 out of 5

IOTA is really a good and awesome project. the good point is that IOTA…

IOTA is really a good and awesome project. the good point is that IOTA managed to combined the extraordinery technology of blockchain .... it is really an awesome project n if it success i has a great bright future.

Pros
  • IOTA has a great market also one of the best crypto currency. IOTA also allows micro transactions with no fees of transactions .. with combination of digital deviation mechanism with block chain technology making IOTA GREAT this time..
Cons
  • market is still small ... no updates..lack of socializations..

Revainrating 4 out of 5

The blockchain 3.0

IOTA is a cryptocurrency-based book. Unlike other cryptocurrencies, however, it does not use classical blockchains (such as all known bitcoins), but it works with a new DAG blockless technology, also called "TANGLE". 1. Tangle - allows the network to operate without transaction fees and no limits to determine how many transactions are possible per second. There are no miners in this network because every IOTA holder and user can confirm the transaction. The protocol states that when you…

Pros
  • Tangle
  • IOTA is already being used in certain places
  • Super rychle a levné transakce
  • Dobře škálovatelný systém
Cons
  • Does NOT use smart-contract options

Revainrating 4 out of 5

It's new, free and fast

It's new, free and fast

Pros
  • It's free, transactions are almost instantaneous. For what was created, this network does its job well. to make small and fast transactions. very efficient to be implemented in daily life
Cons
  • It did not have a good start distribution which makes it a disadvantage in the market a few have almost all currencies

Revainrating 4 out of 5

IOTA is a totally decentralized blockchain network, iota is a best coin for…

IOTA is a totally decentralized blockchain network, iota is a best coin for hold, OTA developers are always active

Pros
  • IOTA is a totally decentralized blockchain network, IOTA solves inefficiencies of the blockchain, IOTA has great volume and market cap, IOTA developers are always active and solving people's queries
Cons
  • IOTA has a low number of transactions to proof resistance to future attacks, iota wallet has some bugs

Revainrating 4 out of 5

IOTA review

IOTA intends to become the standard way of transactions between internet-connected devices in the future. One of the most unique features is that it doesn’t even have a blockchain. IOTA is a distributed ledger that uses the Directed Acyclic Graph (DAG) technology or also called Tangle. The IOTA network gives its users the ability to trade data in a marketplace between themselves. This is an amazing concept that could benefit research and development of different products or technologies that

Pros
  • The more users in the network, the faster Tangle becomes creating a possibility for an endless scaling factor
  • Since there is no blockchain, there are no large amounts of data necessary so that you can use the network. What you would need is just a partial download of the history that includes neighboring transactions
  • IOTA Marketplace – it allows users to trade data with their peers
Cons
  • The biggest drawback of IOTA is the lack of smart contracts and dApp support.
  • While there have been no security issues as of now, the community is skeptical towards the Tangle tech as hypothetically, it would require less computing power and control over the nodes to be able to attack the network
  • The multiple types of units and subunits in the network can be confusing for a beginner

Revainrating 5 out of 5

Iota dag based platform review

The IOTA has grown to as much as 8.4 billion devices in the year 2017 and the experts have anticipated rapid growth in the IOT industry. The potential of the market is huge but the potential of the investment of the Internet of Things Application all depends on the adoption and implementation. The implementation of the network remains in the hands of the founding team of the Internet of Things Application but the adoption of the IOTA still remains open for discussion. The concept of…

Pros
  • The transactions fees in the blockchain technology are generally fixed by the initiator or the sender of the transaction and hence it becomes quite difficult to process the transactions of smaller amounts. Whereas the Internet of Things Application allows the facilitation of the small payments without any or with very little transaction fees.
  • With the Internet of Things Application, the time between making the transaction and its confirmation has almost become zero.
Cons
  • There was the crooked initial distribution of the tokens and the currency has still not reached its actual potential.

Revainrating 5 out of 5

Refusal of technology Blockchain, instead of it is used specific magazine…

Refusal of technology Blockchain, instead of it is used specific magazine Tangle. The big prospects of growth of this coin in the future, has the big support of powerful corporations and business.

Pros
  • Simplicity and speed of transactions, also support of this cryptocurency numerous corporations does by its leader. Ease of use of system and absence of the commissions for fulfilment of transactions.
Cons
  • There are no convenient wallets for users. Weak protection of savings against thefts and swindlers, failures in safety system.

Revainrating 4 out of 5

t is not a fantastical one. In our opinion IOTA really has something to offer…

t is not a fantastical one. In our opinion IOTA really has something to offer. In addition to the high profile headlines in the press around cooperation with Bosch, Samsung, Fujitsu and others, underneath all this is a strong foundation. For example, a site was created for the monetisation of data generation, in which sellers could conduct transactions with customers

Pros
  • IOTA is less expensive when it comes to making micropayments compared to other cryptocurrencies. This is what distinguishes it from most other currencies and has become a major attraction for investors. With this feature, their is a major compliance to micro tasks on the network
Cons
  • Can’t do smart contracts The promise of free transactions is highly theoretical and node pools with heavy weights in the DAG could force transactions through themselves and charge fees. This issue has yet to be addressed by the development team. An attacker doesn't have to outpower the entire honest computational power of the network, but just the honest computational power of the network actively making transactions at any given time.

Revainrating 5 out of 5

I'm an enthusiast of mining - I've always loved the idea that one can help the…

I'm an enthusiast of mining - I've always loved the idea that one can help the Blockchain system by working towards a common goal - plus it's very fun to build a rig and SUPER rewarding to know you're doing your part! So for me, IOTA has a huge downside which is no mining, since there are no blocks to mine. The transaction fees I somewhat agree with - you see, I reckon we need to help out a bit when mining and interacting with the system through fees - it keeps the game interesting for…

Pros
  • Zero transaction fees and excellent Scalability process
Cons
  • No mining and no blocks

Revainrating 5 out of 5

The process of IOTA creation was launched in 2015. The purpose was to…

The process of IOTA creation was launched in 2015. The purpose was to integrate the altered blockchain to the “Internet of Things”, maximizing the efficiency of the payments made between the parts of the IoT devices. After the system was launched, the period of beta-testing began; it lasted the greatest part of 2016. Though during the mentioned period of time, IOTA was functioning as a payment system, it was possible to buy/sell it only in the off-market space

Pros
  • Internet of things haven't been easier. They got the backbone set and an enviable team of professionals.
Cons
  • Iota is not mineable, so the option of getting free tokens is deprived. I see this as a con because it prevents potential new investors or investment

Revainrating 4 out of 5

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

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.