Review on IOTA by Nedir Yusuf

Let's find out about IOTA.

The purpose of its development was the revision and development of blockchain technology to ensure the applicability of cryptocurrency in the Internet of Things.



IOTA transactions are free of charge regardless of their size, transaction confirmation times are short, the number of simultaneously processed transactions is unlimited, and the system itself is easily scalable.



The main difference from the classic cryptocurrency is that any user of the system can be a miner. He does not receive mining rewards, but the transaction within the network is free for him.

For a simple exchange of one cryptocurrency for another, you can use specialized cryptocurrency exchanges. However, to earn money on changing its value, it is better to use a broker and trading platforms. For example, Metatrader 4. These platforms make trades easier and allow for leverage.