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Review on IOTA by Greg Mentayor
Iota platform is a ground breaking technology if roadmap is strictly adhered toβ¦
Iota platform is a ground breaking technology if roadmap is strictly adhered to.The idea of bringing the internet of things on the blockchain is an awesome idea as it's uses are limit less and endless.Iota stands apart from it's competitor's as they have been able to achieve tangible result in a little period of time
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Pros
- Iota main objectives is to solve inefficiency on the blockchain.iota uses a new protocol called tangle to connect it's devices together with a single source data.it's also supported by big vc's and it's comprised of young,experienced and talented team.
Cons
- There are major security concerns about the iota project. A concentrated attack (51% attack) could bring down the system.
