Review on IOTA by Kamelia situ
IOTA Blockchain
Like many cryptocurrencies, the goal of iota was to create a payment system that made transactions faster, safer, cheaper, and more scalable.
But iota's capabilities aren't limited to financial transactions. iota also allows data to be transferred from one device to another (the Internet of Things), and iota claims to have solved bitcoin scalability problems, such as delays in network congestion due to blockchain, according to its creators.
The iota coin does not use blockchain technology such as Bitcoin or etheruem, but uses a new platform called tangle.
๏ปฟ
Pros
- Ability to move data
Cons
- News about hacking the main wallet
