Review on IOTA by Shyam Satpal Singh

Name: IOTA
Item: IOTA
Rating: 4

August 31, 2018

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.
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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.