Jump to content

Recommended Posts

Founded in 2015, IOTA is the most unique coin among other similar crypto's. It is the only one to use a new protocol invention called ‘Tangle’ rather than blockchain technology.
You have probably heard of the Internet-of-Things (IoT), a technology that enables communication between various objects with sensors, via the internet. IOTA is focussed on making this technology more secure, seamless and scalable.

Pros of IOTA

The biggest advantage that IOTA offers over all other cryptocurrencies is zero transaction fees.
When all other cryptocurrencies are struggling with scalability issues, IOTA’s technology promises infinite scalability.
Cons of IOTA

IOTA is betting on the success of another industry — Internet-of-Things, making it's future even more unpredictable than the other top 10 cryptocurrencies.
MIT Media Lab had recently discovered a security problem with Tangle.
If the big IoT players themselves develop their own cryptocurrency then IOTA could face stiff competition
Historical performance

While IOTA was created in 2015, its token was launched on exchanges only in 2017. It was an immediate success as its price grew from $0.44 in June 2017 to $5.34 in December 2017, giving it a return of about 1,200%.

Like most of the other crypto's, IOTA also experienced a price dip earlier this year. It is currently experiencing a stabilization - time will tell if IOTA will manage to climb back up.

IMG_20210116_161807.jpg

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...