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Type of review

Revainrating 5 out of 5

Iota is an extremely interesting technology and I'm excited for its potential…

Iota is an extremely interesting technology and I'm excited for its potential, I just think there's way too much misinformation and hype spreading around. Once again, remember, Iota isn't really a competing solution to Ethereum. It's a competing solution to Raiden and similar systems and I'm interested to see some analysis comparing the two.

Pros
  • One of the main differentiators of this technology versus the Blockchain is what IOTA calls “The Tangle”. It’s a new method of storing transactions through a mechanism called Directed Acyclic Graph or “DAG”. As a Blockchain network grows, the amount of transactions per second does not. Which leads to congestion. The other issue is that the more miners (computers) are on the network, the more expensive it is to cover the transaction fees associated to the electricity bill of those miners.
Cons
  • I'm making the exact opposite assumption. If Iota is only used for human to human transactions, there will not be enough throughput in the network to keep the system secure. Remember, you need extremely high throughput for the system to be secure because an attacker doesn't need to overpower the entire network's computing power, just the computing power of the network actively using it at any given moment.

Revainrating 5 out of 5

IOTA is currently a hot topic in international industry. What is IOTA anyway…

IOTA is currently a hot topic in international industry. What is IOTA anyway? IOTA is a technology that is based on Tangle , unlike Blockchain . The blockchain maps transactions in a chain, and IOTA uses a whole network - the tangle. All transactions are linked together in Tangle. This has many advantages and considerably expands the scope of application of the technology. Many customers first ask us about a blockchain solution, but then find that IOTA suits their needs much better. This is all

Pros
  • The transaction rate The scalability The feasibility of micropayments The efficiency The verifiable manipulation security The transaction rate One problem with blockchain , as originally developed for Bitcoin, is the very low transaction rate . If the security measures are so high, as is necessary, for example, with the Bitcoin application, the transaction rates of the blockchain are in the low double-digit range. This is simply not enough for many applications.
Cons
  • Also, I don't buy Iota's promise of being a fee-less system at all. You can see my justification for that. Their entire idea of a fee-less system assumes that everyone does the Proof of Work for their own transactions aka everyone provides computational power to the network proportional to their usage of the network.

Revainrating 5 out of 5

IOTA is a quantum-resistant distributed ledger protocol launched in 2015…

IOTA is a quantum-resistant distributed ledger protocol launched in 2015, focused on being useful for the emerging m2m economy of Internet-of-Things (IoT), data integrity, micro-/nano- payments, and anywhere else a scalable decentralized system is warranted. IOTA uniquely offers zero fees, no scaling limitations, and decentralized consensus where users are also validators. The digital currency 'iota' has a fixed money supply with zero inflationary cost.

Pros
  • Free Transactions From the perspective of a node, a transaction looks like the following: Node chooses 2 other transactions that it will verify (every node approves 2 transactions) The node verifies both transactions after demonstrating there are no conflicts Nodes have to solve a cryptographic problem, similar to BTC in order to verify transactions (Finding some nonce to get the right hash)
Cons
  • First off, Iota cannot do generalized smart contracts to Ethereum. However, what it is a competitor to is State Channel networks like Lightning Network or Raiden. Both state channel networks and DAGs allow for great scalability and micro-transactions but are unable to do generalized smart contracts (as they don't have strongly ordered transactions). The real comparison to be made is not between blockchains and the Tangle, but between state channel networks and the tangle.

Revainrating 4 out of 5

The IOTA has been officially traded by different exchanges for over a year…

The IOTA has been officially traded by different exchanges for over a year (depending on the exchange, some started trading it much more recently). Since its inception the price and excitement for the currency have both grown exponentially. There’s also been over one hundred million transactions on the network already. The volume is expected to continue growing exponentially.

Pros
  • Another interesting aspect of the Tangle is that, instead of being deterministic like the Blockchain (X amount of transactions per second) it is instead probabilistic. This means that some transactions may be confirmed faster than others, since the network picks two random transactions to be verified. Instead of Bitcoin, which always takes ~10 minutes (plus congestion).
Cons
  • IOTA currently faces criticisms in: Conflict Resolution Vulnerabilities Malicious Attackers (Majority attack) The Coordinator Parasitic Chains Cryptography Best Practices Ternary Processor concerns

Revainrating 5 out of 5

IOTA is currently ranked 7th largest cryptocurrency by Market Cap at $11B…

IOTA is currently ranked 7th largest cryptocurrency by Market Cap at $11B (twice as much as all ICOs at launch as of now), making IOTA one of the most exciting platforms of 2018. IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions. It does, however, require some computational power to submit a transaction, making it perfect for machines to use as a currency and distributed communication protocol for the Internet of Things “IoT”. You…

Pros
  • IOTA solves some of the major problems with Blockchain technology, the main one being that the bigger the Blockchain (such as Bitcoin), the slower, more expensive, and also more restricting it is to actually transfer funds.
Cons
  • No Cryptocurrency delivers perfectly in what it promises. IOTA is not different. In order for IOTA to work as a decentralized cryptocurrency it still has to solve a lot of challenges and technical difficulties that still are yet to be demonstrated will work

Revainrating 5 out of 5

it is not a fantastical one. In our opinion IOTA really has something to offer…

it is not a fantastical one. In our opinion IOTA really has something to offer. In addition to the high profile headlines in the press around cooperation with Bosch, Samsung, Fujitsu and others, underneath all this is a strong foundation. For example, a site was created for the monetisation of data generation, in which sellers could conduct transactions with customers

Pros
  • IOTA is able to tie together virtually all processes in the IoT ecosystem by configuring transaction chains and the ability to conduct micro-transactions in huge quantities. Problems with scalability in Tangle, unlike for blockchain, do not occur. What’s more, the platform is implemented so that the device for interaction with other nodes should not have uninterrupted access to the Internet. For some ‘machines’, it will be enough to connect once a month, or even a year – it all depends on the functionality. This will save battery power, or even electricity.
Cons
  • The fact that the project is actively developing and cooperating with the world’s largest consortia suggests that it has prospects. The idea that it will become a driving force in such an innovative direction as the Internet of Things is a definite plus of IOTA. This means that coins really have some weight behind them. After all, they must fulfil the role of ‘fuel’ in a rapidly developing sphere

Revainrating 4 out of 5

IOTA is a revolutionary cryptocurrency and platform, created specifically for…

IOTA is a revolutionary cryptocurrency and platform, created specifically for the concept of the Internet of Things. It does not resemble any other project or coin, which makes it unique and very promising. IOTA is able to become that transactional fuel that will ensure the implementation of smart enterprises with the participation of machines integrated into one network

Pros
  • IOTA is both a cryptocurrency and a system for instant micropayments without any commission. In this way, it is significantly different from other coins, since a transaction of 1 coin or, roughly speaking, 0.001 cents in dollar terms, is possible. What does it give? For example, with IOTA, you can ensure the fulfilment of the smallest tasks in the unified network; turning off the tap in the bathroom, sticking on a tag, or at least blowing away a speck of dust. And thanks to these features, IOTA can be integrated into the Internet of Things by performing transactions between points.
Cons
  • All these advantages are provided by Tangle. From the point of view of the IOTA platform, it is still difficult to assess its future trends. It’s akin to Ethereum in 2015 or 2016 – everyone understood its huge potential, but there was not yet a tangible example that would show Ethereum in a practical way.

Revainrating 5 out of 5

IOTA is one of the best cryptocurrency project. IOTA is a protocol 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.it eliminates most of the problems Facing other Cryptocurrencies and eliminates the extra fees users have to pay miners. It is "unforkable". Would gladly recommend people…

Pros
  • Great scalability thus offering a huge potential. Allows micro payments.
Cons
  • Can't say yet

Revainrating 5 out of 5

i like iota project iota is not a any eth token or eos token iota runs its own…

i like iota project iota is not a any eth token or eos token iota runs its own solid and awesome blockchain

Pros
  • Iota is a awesome project means iota means internet of things and IOTA protocol is a Distributed Ledger Technology developed by the IOTA Foundation, iota rank is best
Cons
  • price is too much down from his all time high

Revainrating 5 out of 5

I think IOTA is very interesting because they excel at processing transactions…

I think IOTA is very interesting because they excel at processing transactions, in accordance with their Vision is to activate all connected devices through verification of truth and transaction settlement that provides incentives to the device to provide property and data in real time. this is something new and I have tried them.

Pros
  • The peer to peer network has been introduced by IOTA, they can process large-scale transactions at once, this is something new and very interesting.
Cons
  • IOTA still has a limited market

Revainrating 5 out of 5

IOTA brings a new fascinating concept. but the problem is is people ready to…

IOTA brings a new fascinating concept. but the problem is is people ready to hug IOTA yet ? Let's see. I see a great future.

Pros
  • transaction fees are almost none because no gas needed and no need to pay for miners. Perhaps the tangle doesn't need mining at all.
Cons
  • IOTA not yet have smart contracts and this is a gigantic drawback on the side of the developing team. Hope this will be out last q this year.

Revainrating 5 out of 5

IOTA uses the tangle algorithm, which is one of the fastest to make…

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 two other transactions on the network to be committed. The transactions will be autonomous and do not require human intermediaries, using IoT (Internet of Things).

Pros
  • It has an integrated algorithm resistant to quantum attack, the Winternitz One-Time Signature Scheme. Winternitz is known as a post-quantum signature because quantum attacks do not significantly decrease security. A quantum computer can be 17 billion times more efficient at Bitcoin mining than the classic computer. In the algorithm used by Tangle, a quantum computer would be about 3 times more efficient. Consequently, a quantum computer would not cause a major impact or problem. * Higher speed in transactions; * More scalability; * Do not charge transaction fees; * Resistance to hacker attacks; * Uses modular structure; * Can use on any device that has internet access; * Can not suffer forks or bifurcations in the network; * It has the most secure storage of messages and data.
Cons
  • At the end of 2017, there were rumors about possible IOTA partnerships with large companies, including Microsoft, which was denied, and many people left the project and since then Iota has lost a lot of value. Incredulity in the currency within the world of the crypts, due to its structure being different from a Blockchain.

Revainrating 5 out of 5

for me and my opinion this is very good, I see IOTA has adopted Blockchain…

for me and my opinion this is very good, I see IOTA has adopted Blockchain Technology promising an interesting vision: and a high level of security.

Pros
  • IOTA has successfully adopted their system on the blockchain, Blockchain Technology promises an interesting vision: a decentralized network that enables open innovation and peer-to-peer transactions without intermediaries or costs. This is a good opportunity
Cons
  • IOTA still do not have a market that much, but they are very large markets

Revainrating 4 out of 5

Ambitious and interesting project , want to replace bitcoin and reduce the…

Ambitious and interesting project , want to replace bitcoin and reduce the price of bitcoin, maybe it's useless

Pros
  • IOTA creates their own Cryptocurrency technology instead of using Blockchain. THE TRANGLE!! IOTA calls it "The Tangle "new method of storing transactions through a mechanism called Directed Acyclic Graph. IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions.
Cons
  • not many know the technical feasibility, vulnerability, and lack of an open-source coordinator.

Revainrating 5 out of 5

Overall this is an amazing project, IOTA uses the blockchain platform and is…

Overall this is an amazing project, IOTA uses the blockchain platform and is very cheap in transactions, with a small amount, everyone can participate with IOTA

Pros
  • everyone can make transactions using IOTA for transactions, IOTA is very cheap and easy to use To participate in this network, everyone only needs to do a small amount of computing work that verifies the two previous transactions. This is very nice
Cons
  • IOTA Not many people know, developers need to market IOTA

Revainrating 5 out of 5

Iota platform is a ground breaking technology if roadmap is strictly adhered to…

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

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.

Revainrating 5 out of 5

with the security of transaction data that is given a license, makes many…

with the security of transaction data that is given a license, makes many customers like them very much, iota has a large market and their fees are very cheap, Send 1 cent and receive 1 cent, send $ 1,000 and receive $ 1,000

Pros
  • iota uses the blockchain platform in transaction processing, I really like that because it has high transparency and realtime data, this is very interesting.
Cons
  • high transactions often make transactions slow.

Revainrating 5 out of 5

One of the best projects in circulation

One of the best projects in circulation

Pros
  • Being amongst the very few projects to achieve a successful growth in past few months
Cons
  • The project presentation is bit complicated

Revainrating 4 out of 5

I recommend IOTA as a good short term investment, but in the long run, i don't…

I recommend IOTA as a good short term investment, but in the long run, i don't believe it will satisfy the hype it currently has.

Pros
  • Majorly IOTA is a great try from the team and it has a strong community to go with them. It always is a blessing to have a community like that.
Cons
  • the tangle is not able to support smart contracts. So there will be problems in this. case. The transaction order is biased on each node.