Undervalued Crypto Coin: Iota
Undervalued Crypto Coin: Iota
Hello if you are into crypto coins like I am,
than you know that they are alot of altcoins out there that are undervalued.
Here is one coin that is certainly undervalued right now, and I recommend anyone who is into crypto currency to go and check this coin out. Iota has the potential to change the way we do payments. Iota is marketed as the 3rd generation of cryptocurrencies . This coin is a full attempt at being the next big cryto coin by not operating on the block chain but instead it is operating on a whole new different methodology called "Tangle." IOTA Tangle is a quantum-resistant Directed Acyclic Graph (DAG).
Now because Iota is operating on Tangle and not the block chain it uniquely offers zero-fee transactions & no fixed limit on how many transactions can be confirmed per second. Also Scaling limitations have been removed, since throughput grows in conjunction with activity; the more activity, the more transactions can be processed & the faster the network. Further, unlike blockchain architecture, IOTA has no separation between users and validators (miners / stakers); rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. IOTA is focused on being useful for the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro-/nano- payments, and other applications where a scalable decentralized settlement system is warranted.
Iota is going to be the next big thing becuse it goes beyond the blockchain and uses whole new methodology based on block less block chain.
I confess I was very impressed the first time I read about IOTA and I am very optimistic about it. I think it is the most revolutionary cryptocurrency today, a step forward in comparison to blockchain based coins.
upvoted and followed, waiting for you :)
Great review @luna007! IOTA is a great cryptocurrency with a very solid and innovative service behind. I'm sure they'll succeed, but in can not be in the very very very short time as many people always expect
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