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Revainrating 5 out of 5

Disadvantages of the IOTA network 1. Can’t do smart contracts 2. The promise…

Disadvantages of the IOTA network 1. Can’t do smart contracts 2. 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. 3. 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.

Pros
  • 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! :) Well done to the Devs of IOTA !!
Cons
  • Advantages of the IOTA network 1. No fee transactions, which makes micropayment possible 2. Removes miners, everybody contributes to the network 3. Unlimited transaction rate, each person that sends a transaction is supposed to process a transaction, which theoretically means unlimited scalability. 4. Un-forkable, the network can’t split into new separate networks like ETH and ETC.

Revainrating 5 out of 5

IOTA is similar to Lightning Network or Raiden, these protocols allow for…

IOTA is similar to Lightning Network or Raiden, these protocols allow for great scalability and micro-transactions. IOTA operates on the Directed Acyclic Graph (DAG) model similar to the ByteBall model, which IOTA calls the Tangle. Some advantages iota: Network can’t split into new separate networks, no fee of IOTA transactions, unlimited scalability, disadvantages: Removes miners.

Pros
  • They want to develop the idea of Internet of Things and make it possible for various companies to cooperate by selling all of their services easily. IOTA wants to make every technological resource a potential service to be traded on an open market in real time and most importantly with no fees. Their site is very well designed with this futuristic vibe, it really grabs user attention, therefore encourages potential investors to research the project further. As they will act as the base for further development, the project can become very useful. They may also be revolutionary in a way with their Tangle architecture, which provides developers with a brand new set of tools for their applications in both IoT and Web and this is something different than a classic blockchain.
Cons
  • IOTA is one of the best cryptocurrency project. IOTA is a protocol for Internet of Things devices and allows micro-transactions and scalability, with absolutely no fees for transactions, and no miners. The developers are very active and offering many tutorials to build your own project based on IOTA and their Tangle protocol. For sure, one of the best projects in cryptoworld !

Revainrating 5 out of 5

2018 will be the most important year yet for Cryptocurrencies. A lot of the…

2018 will be the most important year yet for Cryptocurrencies. A lot of the newest platforms are trying to solve the greatest problems with the Blockchain technology, and IOTA is one of them. Their ICO occurred in November of 2015. IOTA’s team decided to create their own Cryptocurrency technology instead of using or patching the Blockchain.

Pros
  • Iota also has created a platform that is resistant to quantum computing. This might not matter now (because quantum computers don’t exist) but if and when quantum computers are created this will be important. Quantum computers are so powerful that they would be able to attack public blockchain networks like Bitcoin on a large scale.
Cons
  • The Iota platform does not charge transaction fees because each user must work to validate transactions when engaging in a transaction themselves. The network will scale better when more transactions are being engaged in. This means that a transaction fee free environment will remain intact as more users participate in the network.

Revainrating 5 out of 5

IOTA brought its solution of being zero-fees for transaction. For the system…

IOTA brought its solution of being zero-fees for transaction. For the system to function properly, there is no need for miners to complete transactions as the network is planned in that way that every time a new transaction is issued, it is confirmed by the next one as the present one confirms two prior itself being requested. Accordingly, the system-network Tangle can handle infinite amount of transactions at zero-cost.

Pros
  • First things first, IOTA joined the crypto-world in 2015 with the work of David Sønstebø, Dominik Schiener, Dr. Serguei Popov and Sergey Ivancheglo who still are running the show in the most important parts of IOTA’s team. Despite the fact that the concept and idea of blockchain in general is loved and much welcomed as it sums almost all up what the cryptocurrency ecosystem is made of – IOTA, like no-other, introduced a coin that is not utilizing blockchain tech to function.
Cons
  • The fact that the project is actively developing and cooperating with the world’s largest consortia suggests that it has prospects. The idea that it will become a driving force in such an innovative direction as the Internet of Things is a definite plus of IOTA. This means that coins really have some weight behind them. After all, they must fulfil the role of ‘fuel’ in a rapidly developing sphere. But the unique IOTA platform, and the unusual proof of work without mining as such, potentially creates a situation in which a powerful transaction will disrupt network security. If it comes from a node that has collected 51% of the total capacity, then the so-called 51% attack will occur. The node will gain control over the network, which will allow it to double expenditure. This is like a Bitcoin mine with 51% of the processing power.

Revainrating 4 out of 5

IOTA is a cryptocurrency that replaces the traditional blockchain with an…

IOTA is a cryptocurrency that replaces the traditional blockchain with an innovative DAG approach.The fact that there are no fees spices it up the more

Pros
  • No cost fees, making it more efficient and acceptable
Cons
  • Still room for improvement. Many crypto projects is still skies above iota in so many aspects

Revainrating 4 out of 5

IOTA differentiates itself in many ways from other cryptocurrencies, but its…

IOTA differentiates itself in many ways from other cryptocurrencies, but its primary distinguishing features include: (i) instead of using a blockchain to record transactions, IOTA utilizes a Tangle (described in more detail below). This alternative data structure allows users to transact with zero fees

Pros
  • Efficiently low cost
Cons
  • Perhaps the price could choose to be more stable, except that, I don't see much fuse about this project

Revainrating 5 out of 5

A lot of people in the speculation channel are strong believers in IOTA. They…

A lot of people in the speculation channel are strong believers in IOTA. They believe in IOTA because it offers something unique from blockchain. IOTA approach is no way superior to the blockchain considering the fact that IOTA still requires smart contracts. The good thing is that the community members must hodl.

Pros
  • Most of the proposed IOTA used case smart contract is a huge advantage.
Cons
  • I don't see any, heck this currency guarantees no fee transactions

Revainrating 5 out of 5

With the spread of distrubuted ledger technologies, we can now share and…

With the spread of distrubuted ledger technologies, we can now share and synchronize accounting information and money with secure, distributed, decentralized and permissionless environments. By removing the needs of trusted third parties as guards and truth brokers, there are great gains in efficiency, innovation opportunities, and new value propositions

Pros
  • In order to participate in the IOTA network, the participant simply has to perform a small computation task to check the last two events. Rather than creating a hierarchy of roles and responsibilities online, every player has the same incentives and rewards. Executing a Tin in Cable requires two previous events to be validated because the reward is the validation of your own event with a later event. This "prepay" validation system does not make it necessary to provide financial benefits. Events with IOTA are and will always be free.
Cons
  • The proof of work has a limitation has it only gives more priority to devices with higher computational power as against giving priority to device based on matter of urgency.

Revainrating 5 out of 5

I fell coin are long term very growth.

I fell coin are long term very growth.

Pros
  • Really I hope this type of coin are made fully eco-friendly
Cons
  • This type of coin I appreciate he is use very fast to use all over world addopt this easy.

Revainrating 5 out of 5

IOTA is an impressive platform. The IOTA Foundation has an illustrious roster…

IOTA is an impressive platform. The IOTA Foundation has an illustrious roster of talented, established advisors and the team has evolved the technology faster than Ethereum had been advanced at this stage in its life

Pros
  • IOTA improves as user adoption grows, so unlike mining-based cryptos, it won't cost more as it gains popularity. IOTA is scalable and inexpensive.
Cons
  • Because IOTA is not a block-chain based technology, it is not as well understood by the masses as ETH or BTC.

Revainrating 4 out of 5

OTA is an interesting and ambitious project. If IOTA becomes successful, then…

OTA is an interesting and ambitious project. If IOTA becomes successful, then it may render the price of bitcoins useless. The IOT aspect of IOTA is very interesting as machines have the ability to trade information, goods and services for income.

Pros
  • IOis a new transaction settlement for the internet of Things. IOTA best part is that IOTA has no transaction fee. The second advantage of IOTA is its strong community.TA
Cons
  • IOTA much more cheaply, and plus there's no direct incentive to start generating a lot of protective hashing for IOTA like in a proof-of-work blockchain.

Revainrating 5 out of 5

It is a great experiment , oboeusly it has some pros ,cons otherwise iota…

It is a great experiment , oboeusly it has some pros ,cons otherwise iota become very succesfull cryptocurrency . We should support this type of project .

Pros
  • Iota is perfect for human transaction. It remains one of the most interesting cryptocurrency .It has limitless potentials and the token have a strong organisation.
Cons
  • Iota do not have strong order transaction fess and it could not competitor to Ethereum . The tangle can not support Iota because the transaction order is baised to each node.

Revainrating 4 out of 5

IOTA is totally Unique from Others. So, I hope that will be Great.

IOTA is totally Unique from Others. So, I hope that will be Great.

Pros
  • 1. Cost of Transaction is no more there. 2. IOTA with Quantum Secure Technology. 3. Structures of Scalability is totally Different from Others. 4. IOTA allows Very lowest Transaction. 5. IOTA Working for DApp.
Cons
  • 1. Unlikely There are no Smart contracts. 2. Tangle Technology can Lead to Vulnerability.

Revainrating 5 out of 5

IOTA its realy very great and perspective project with professional team and…

IOTA its realy very great and perspective project with professional team and realy interesting idea. I think this project will be popular in all the world and i hope it will be success. Thanks to all your team for your hard work and this awesome project. I hope that you will succeed. Thanks again and good lcuk you in future.

Pros
  • Very interesting and perspective project with professional team and interesting idea. I think this project will be popular in all the world. And i hope it will be success.
Cons
  • Slow technical support and site

Revainrating 4 out of 5

IOTA is an interesting and ambitious project. If IOTA becomes successful, then…

IOTA is an interesting and ambitious project. If IOTA becomes successful, then it may render the price of bitcoins useless. The IOT aspect of IOTA is very interesting as machines have the ability to trade information, goods and services for income.

Pros
  • The company behind the token have strong funds to empower IOTA development and research. It is partnering with new companies. From the look of things, IOTA has a huge advantage because it is the first to tie IOTA into the cooperate world.
Cons
  • With IOTA, you don’t need to pay any tokens to have for your transactions to be implemented in the distributed ledger. However, the security of the network in proportion to the amount of Proof of Work done per second. Each transaction still demands a fee, except that it is the form of POW. You have to spend computation power. For some people, this is perfect, but CPU resources are limited. Also, it is only a matter of time before ASIC processors will be released for IOTA. These will make local Proof of Work slow. The difficulty will also be increased to maintain a high PoW cost.

Revainrating 4 out of 5

With “blockchain technology” grabbing most of the headlines when it comes to…

With “blockchain technology” grabbing most of the headlines when it comes to crypto-innovation, IOTA is offering users with an all-new digital framework that promises to introduce a similar level of innovation but within a much larger, industrial scale.

Pros
  • When using regular blockchain based payment portals, the transaction fees are usually set by the sender/initiator of the transaction. As a result of this, it becomes increasingly unfeasible to process smaller payments amounts. One of the biggest advantages of IOTA is its ability to facilitate small payments with the incurrence of little to no transaction fees.
Cons
  • With IOTA, you don’t need to pay any tokens to have for your transactions to be implemented in the distributed ledger. However, the security of the network in proportion to the amount of Proof of Work done per second.