The non-minable cryptocurrency IOTA is used and loved by many. As we all know, non-minable cryptos can’t be earned and people can only get a hold of them by buying them. But regardless of this fact, the future has come and now you can now earn IOTA coins by simply giving information about the weather .
Read moreWhat is IOTA good for?
IOTA use is expected to simplify transactions and processes involving objects that have sensors . A simple use case is that of an IOTA-enabled vending machine, which can dispense soda without the associated transaction costs and latency of bitcoin.
Read moreIs IOTA a good project?
Overall the Iota Foundation appears to be doing an excellent job in securing partnerships and the business development of the project . They already have a strong stable of partners, and could see adoption spread rapidly in several sectors if they can find success with their distributed ledger solution.
Read moreIs IOTA a blockchain?
IOTA does not use the traditional blockchain design used by most cryptocurrencies . Instead, it has developed a new platform called Tangle, which uses a mathematical concept known as Directed Acyclic Graphs (DAG).
Read moreIs IOTA a DLT?
The IOTA Tangle is an innovative type of distributed ledger technology (DLT) that is specifically designed for the Internet of Things (IoT) environment. IOTA is based on a new type of DLT, rather than the traditional blockchain model.
Read moreIs IOTA a failure?
It will not fail . IOTA will be the #2 crypto-currency by next year, and #1 in 2020. It has no fees and can scale infinitely. No blockchain-based crypto can compete with the IOTA tangle.
Read moreIs IOTA a good investment?
Is it profitable to invest in IOTA? Based on the crypto market data and IOTA price analysis, it can be predicted that it is profitable to invest in IOTA for the long term . By long-term, we mean that the IOTA forecast for a period of 5+ years. Hence, investing in IOTA crypto coin could a good decision.
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