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IOTA is a proliferation protocol for the Quantum Resistance Register published in 2015 and focuses on being useful for the Internet of things(m2t), data integrity, micro-payout payments and elsewhere is a scalar decentralized system. IOTA offers unique zero rates without scaling and decentralized consensus, where users are also validated.

Pros
  • The IOTA works with the ByteBall model, which IOTA calls "Tangle", with the target acrylic graphic design which makes the network not been divided into new separate networks without paying IOTA transactions, and unlimited escalation.
Cons
  • The idea of using proof of work seems to discriminate against system with lower computing power which inadvertently makes large corporation who can afford devices with more larger computational power to control the system.

well connected communities good explain - is a new brand and a small trading platform (optimized.) Unlike Blockcoin's heavy and heavy Blockchain or similar platforms, IOTA is designed for other uses. Out and as light as possible, so the name "Iota" is emphasized in the "IoT".

Pros
  • high volume coinmarketcap as i know , Good foundation , good team dev
Cons
  • not a good blockchain , bad communication and error transaction , outdated security Discrimination against participants

I like IOTA very much from my Heart bcz it's first of it's kind since no other blockchain startups brought mining less transaction or no transaction fee blockchain,Only after the lauch of IOTA many new start ups came up claiming that they will be launching neural technology etc but none have launched their own blockchain still now.But IOTA made it & also proved it's technology. IOTA founders are Really awesome in marketing, they have been taking part in many blockchain conference and it leads…

Pros
  • 1.New Tangle Technology 2.No Transaction Fees 3.No Mining 4.First of its Kind
Cons
  • 1.It's not divisible

Looking to the future ... IOTA has huge potential to facilitate digital payments for everyday transactions and commerce, but it also offers a technology that makes IoT communication a reality.

Pros
  • IOTA does not use a chain of blocks but a shared ledger. The goal is to be used by internet devices of things to buy, sell and market data.
Cons
  • There are critics who say that IOTA is too centralized and have questioned its general security system.

IOTA seems very interesting. On paper, it looks absolutely phenomenal and seems like it could solve many problems that blockchain has today.

Pros
  • No transaction fees! Scalability with the tangle network. Since IOTA has no blocks, there is no issue with scalability when you have more transactions on the network.
Cons
  • No guarantee that the hardware of the internet of things future is going to incorporate IOTA’s digital infrastructure network.

In summary. IOTA is a very good crypto currency with lots of prospects in many industries like the up coming internet of things. Despite the fake partnership that lead to mistrust among investors, the still have enviable project which could make a huge turning point for IOTA. The micro payment feature is one good thing that has been a big attraction to investors.

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
  • There was an alleged fake partnership announced by IOTA which was a big blow to the project and made a lot of investors pull out leading to a sharp decline in IOTA price. This fake marketing which IOTA adopted is still affect it till date and will take a lot of effort to totally eradicate.

Anyone with a bank account is familiar with the concept of a ledger, containing records of their debits and credits. Collectively, we have all entrusted financial institutions for generations to safeguard these highly sensitive records and their accuracy. With no ability to verify the data that we receive on the Internet today, and with cybercrime on the rise, this delegated and unverifiable trust has become a major obstacle for an inclusive and permissionless economy.

Pros
  • This project is bringing about an eruption in the banking/financial community. This is a welcomed development in this time and day of regularization pressured mounted upon this community. It can be seen that what we provide is the real solution
Cons
  • great work

IOTA seems very interesting. On paper, it looks absolutely phenomenal and seems like it could solve many problems that blockchain has today.

Pros
  • No transaction fees! Scalability with the tangle network. Since IOTA has no blocks, there is no issue with scalability when you have more transactions on the network.
Cons
  • No guarantee that the hardware of the internet of things future is going to incorporate IOTA’s digital infrastructure network.

All in all, Iota project is one of the largest and most prospective cryptocurrency project, since it covers practically all aspects of sectors and industries . The Iota protocol achieves a consensus based on the current state of each individual network which makes it more suitable and well fitted for all and sundry

Pros
  • IOTA is a cryptographic currency and a system for instant, non-tax micropayments. This is significantly different from other currencies, because a transaction is possible in 1 currency or US dollar. with the help of IOTA, you can ensure compliance with the smallest tasks in an integrated network; Close the faucet in the bathroom, put on the label, or at least remove dust spots. Thanks to these capabilities, IOTA can be integrated into the Internet of things by performing cross-point deals
Cons
  • Iota recently or allegedly faked some partnership rumors with some big technology companies which never came to be. That has definitely dented the trust of the community

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
  • In the future, IOTA could help companies to verify their data . The easiest way would be for a high-performance computing company, such as Fujitsu, to act as a trusted instance . The Trusted Instance keeps a copy of the Blockchain of the respective company and gets from it once the Basis Blockchain put - the so-called Genesis block. All transactions then take place both in the enterprise blockchain and in the blockchain of the trusted instance, ie at Fujitsu. In a review, the auditor only needs to compare the two blockchains. If both transaction histories are the same, no manipulation has taken place.
Cons
  • Iota is still in beta phase. That's the biggest problem now. Every single defects, bugs and faults are highlighted by blockchain developers and users alike. It is only two years since it is conceived and there's still so much to prove. To prove that it can really handle attacks on downtime

With the new IOTA technology, many do not yet know what's really behind the innovation and where the benefits lie. Shortly before the Hannover Messe Industrie 2018 IOTA expert Udo Würtz, Fujitsu Distinguished Engineer, Business Development Director EMEIA and Chief Evangelist Data Center Business EMEIA will answer youat Fujitsu the most important questions about IOTA

Pros
  • Conceptually, more and more computing power is needed. Power consumption for Bitcoin Mining is currently at full year electricity consumption for Argentina - that's unbelievable. And that's not what companies can imagine. IOTA is a lot smarter because you do not need the whole mining process
Cons
  • 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.

If it’s successful, it would be one of the first cryptocurrencies to not only lower the price of Bitcoin, but maybe to render it useless. Due to a large amount of question marks, in technical feasibility, vulnerabilities, and the lack of an open-source coordinator, and that’s a big IF.

Pros
  • Conflict Resolution Vulnerabilities Malicious Attackers (Majority attack) The Coordinator Parasitic Chains Cryptography Best Practices Ternary Processor concerns.
Cons
  • Internet of things is one of the latest technology disrupting the technology blogosphere and iota is at the forefront fully based on blockchain.They're trying to redefine how new general purpose application and value chain works.

IOTA can be used in a variety of ways. How do you imagine our future with IOTA? I can imagine that micropayments make our everyday life easier. For example, we may soon be at the traffic light with our car and inductively recharge the energy, which is paid automatically and ad hoc via IOTA. In general, integrated IoT communication will continue to increase and it will be exciting to see what the IOTA technology is all about.

Pros
  • In the blockchain , with for example the application Bitcoin as a payment system, there is the problem of mining processes . In essence, these are basically external data centers that generate new blocks and insert pending transactions. For this they get a so-called "financial reward", for example, the transaction fee set by the sender of the transaction. The higher this is, the more attractive the editingthe transaction for the so-called Miner and vice versa. As a result, the smallest payment amounts are ultimately made impossible by high transaction fees. This is completely eliminated with IOTA: Everyone is part of the network and you validate others automatically. So it is possible to handle even very small amounts.IOTA is optimally suited for micropayments.
Cons
  • The official website is still not easily understandable for standard users. Mass adoption is less likely to happen if people are not well educated with NEM’s features.

IOTA uses the tangle algorithm, which is one of the fastest to make transactions on the Internet. For each transaction sent by the user, the same device helps to commit two other transactions on the network. Transactions will be autonomous and do not require human intermediaries using the Internet of Things (IoT).

Pros
  • IOTA is able to bind almost all processes in the eco-system to the contacts by configuring the chain of transactions and the ability to conduct micro-transactions in huge quantities. Problems with scalability in Tangle, unlike blockchain, do not appear. Furthermore, the platform is executed so that the interaction device with other nodes does not have uninterrupted access to the Internet.
Cons
  • Iota does not have a standard project to the best of my knowledge. All what we know seems to be only on paper

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!

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?

I think this pretty much sums it up. It's an innovative tech that has a lot of potential since IOTA transaction is faster than an Ethereum transaction, it you do some research, you will see that the IOTA transaction is an order of magnitude faster every time I made transactions with Iota and I can tell you it's super fast. I highly recommend IOTA to every one !!

Pros
  • 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.
Cons
  • 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.

iota project is a nice cryptocurrency in market having nice stand on market good for transaction good privacy great team with nice efforts and surely it will reach to as its own top of the goal.best for future

Pros
  • iota is the project which is really good in transection goood place on market peoples re really satisfied from this project because it pays good attention towards their users and tried to make new technological resources most better. security good nice transaction n better benefits
Cons
  • iota project have some cones like it is still in growing phase and not much peoples knows about it. overall it is nice but sometimes wallet is getting error and according to me wallet problems are more need to look over that

This is one of the top 5 projects in crypto.In five years the value could go very high.It is a great project on all fronts and i see it grow by the day.Everybody really needs to invest in this coin and hold it long term.The development team has huge potential for more to come in the very near future.They need adding smart contracts on there project i think but they already did a lot of nice things.

Pros
  • 1. Great scalability thus offering a huge potential 2. No need to pay for fees during transaction 3. Does not require miners 4. No need to panic cause network can't split into two 5. Allows micropayments
Cons
  • 1. "Tangle" technology is stil new and not yet highly tested 2. Not secure because smart contracts is not possible Verdict: A good coin to invest it but even though it's been 2 years since it has been created I still couldn't find the answer to this question "What IOTA coins are used for?"

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 !

Pros
  • 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,
Cons
  • There are no fees in Iota if everyone provides the Proof of Work for their own transactions. This means everyone is contributing computational power equivalent to their usage of the network. However, if everyone was able to do that

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 furt

Pros
  • For IOTA , the transaction rate increases dramatically as more users use the system. In addition, the time until the confirmation of the transaction at IOTA much lower. At Blockchain, there is the consensus, that is, all must have the same state and that in turn is not the case with IOTA. Consensus costs a lot of time.
Cons
  • The security If you want to use Blockchain , you always have the following problem: You can use the Blockchain only economically and with high transaction rate, if you neglect the security - that is: the computing power "down screws". So, if you screw down the security to increase the transaction rate, the blockchain is modifiable, So you can not prove that data can not have been manipulated. Basically, the method is only designed to prevent manipulation from the outside - that is, to reassure the company that others can not change the internal data because they have no physical access to the actual systems. However, the owner of the blockchain can theoretically recalculate it with new data and thus manipulate it. This is a dilemma for companies that want to integrate the blockchain for externally auditable applications and must prove the absolute immutability of the data.