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IOTA ( MIOTA )

83
Total Score 9
Design
8.6
Performance
9.3
Usability
8.6
Functions
9.3
Support
9.3

Exchanges:

Price (USD)
2.87
Price (BTC)
0.00024825
Volume (24h)
207,806,000
Market Cap
7,984,061,761
Last updated: 6 mins ago (Jan 18 - 11:14:15 AM UTC)

Iota is a brand new and novel micro-transaction crypto optimized for the Internet-of-Things (IoT). Unlike the complex and heavy blockchains of Bitcoin…, which were designed with other uses in mind, Iota is created to be as lightweight as possible, hence the name “Iota” with emphasis on the ‘IoT’ part.
Iota still retains the core principle ideas of the distributed consensus blockchain, but in order to be able to scale to the size of the coming Internet-of-Things ecosystem with tens of billions of devices that are connected to each other, it needed to be very lightweight and efficient. This problem is solved by Iota’s core innovation: the tangle.

IOTA ( MIOTA )
9 Total Score
3 reviews
Add your review
Design
8.6
Performance
9.3
Usability
8.6
Functions
9.3
Support
9.3
3 Comments
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  1. henryhenry20001
    henryhenry20001 November 12, 2017 at 5:39 am
    5
    Design
    100
    Performance
    100
    Usability
    100
    Functions
    100
    Support
    100

    IOTA is an impressive platform. The IOTA Foundation has an illustrious roster of talented, established advisors and the team has evolved the technology faster than Ethereum had been advanced at this stage in its life. Of all of the top 20 cryptos, many argue that IOTA has the most potential for growth not just in the IoT realm, but in payments as well.

    + PROS: IOTA improves as user adoption grows, so unlike mining-based cryptos, it won't cost more as it gains popularity. IOTA is scalable and inexpensive.
    - CONS: Because IOTA is not a block-chain based technology, it is not as well understood by the masses as ETH or BTC.
    Helpful(40) Unhelpful(1)You have already voted this
  2. eukaryote31
    eukaryote31 November 12, 2017 at 5:03 pm
    5
    Design
    100
    Performance
    100
    Usability
    100
    Functions
    100
    Support
    100

    IOTA is revolutionary in that it has no fees, very fast transactions, inherent synchronization, and unlimited scaling capability. What more could you want?

    + PROS: IOTA is the only transaction layer that can scale nonlinearly. Other block based cryptos will all run into the synchronization and bandwidth issues that having blocks poses.
    - CONS: IOTA is NOT ready for mass market adoption. It has too many rough edges, and is anything but user friendly.
    Helpful(4) Unhelpful(0)You have already voted this
  3. CryptoDutch
    CryptoDutch January 17, 2018 at 12:58 pm
    3.6
    Design
    60
    Performance
    80
    Usability
    60
    Functions
    80
    Support
    80

    We can all agree that IOTA is a true innovation with their Directed Acyclicic Graph (DAG) technology! I really like the fact that the developers are working hard and the project is thinking outside of the cryptocurrency box. More and more devices have access to the internet and I like the idea that you can now lease that computing power. Unfortunately this also means a risk of a possible privacy breach and although IOTA claims to fully authenticate and tamperproof all data, the number of transaction is too low to proof that an attack is not possible.

    IOTA is fast, there are no transaction fees, there is no blockchain, its revolutionary and can be scalled infinitely. I think this project has a high chance of reaching a 100 USD + within the next 1-3 years.

    + PROS: - No transaction fees - Innovative - Fast and no blockchain use - Can be scalled infinitely
    - CONS: - Low number of transactions to proof resistance to future attacks - Design of website is frustrating and is not user friendly at all
    Helpful(1) Unhelpful(0)You have already voted this

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