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Topics - sarahxia618

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Since the advent of USDT, as a function of the stable value of digital currency and trading currency, usdt has long been at the forefront of the trading volume of more than one thousand digital cryptocurrencies worldwide, and its influence on the digital currency market is significant and far-reaching. Even today, USDT’s transaction volume is on the rise, as all the currencies in front of it fall.

At the same time, in a decentralized and node-autonomous market, the centrally released USDT and its publishing company, tether, have always existed in various controversies.

What on earth is USDT increasing release crazily for? Where is the 1:1 corresponding dollar account? How is usdt to be audited? Can USDT's holding users be able to redeem U.S. Dollars with corresponding denominations? What is the relationship between Bitfinex and Tether, is it really behind the scenes of the skyrocketing bitcoin stage? Will the USDT collapse under the suspicious of oversupply?

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It is reported that the German Internet of Things+blockchain company MXC is working with IOTA and STELLAR to implement the blockchain project. The name of the token is MXC, and the available token will be developed in the second quarter of 2018, and the module test and online wallet will be completed in the third quarter of 2018.

It is unexpected that iota is working with MXC in just such a short period of time after it had reached a cooperation agreement with the UN. It has to be said that IOTA’s recent performance is really a big surprise.

Since the beginning of April, the price of IOTA has been steadily increasing. The growth rate has exceeded 100% in one month, and the iota to usd even reached $2.57. Although it began to decline again from the beginning of May, the decline rate was significantly lower than the increase rate in April. So overall, the performance of IOTA is still outstanding.

At present, many investors who are interested in IOTA are looking forward to the results of the cooperation between IOTA and MXC. If the cooperation is successful, this is another development milestone for IOTA ,and the iota price will also be optimistic in that time.

(By the way, the other cryptocurrency I’m optimistic about is DigitalPrice (short for dp), it is a lightning fast, secure and private Cryptocurrency which generates income for users and offers the highest ROI for Masternode operators.)

3
Recently, because of some negative iota news, some people have more and more criticisms and even misunderstandings about IOTA. The main misunderstanding includes 10 points. Today I will talk about 5 points first.

1.Misunderstanding about IOTA transaction fee
Some people think that IOTA transactions are not free and the transaction fees will increase as the network grows, because PoW is required for every transaction. When the number of transactions increases, it will require a large number of mines for mining. But in fact, IOTA's PoW is very small. Even if the network becomes large, it will not increase significantly.  And thetransaction fees are always zero regardless of how the network develops.

Misunderstanding about IOTA’s trading speed
Some people think that iota does not trade quickly because extraction and deposits spend a lot of time on Bitfinex. However, this problem is not caused by IOTA . AS Bitfinex has a large amount of deposits and withdrawals. This delay comes from the exchange, not the inherent problem of the IOTA network. If your bitfinex iota withdrawal did not reach your wallet even after multiple re-uses, use Bitfinex to open a support ticket. They will definitely solve your problem.

Misunderstanding about IOTA transactions are for machine use only
Indeed, IOTA developers focus on the Internet of Things (IOT) and M2M transactions. However, this does not mean that IOTA cannot be used for transactions between people. In fact, IOTA is ideal for H2H transactions because it has zero transaction costs, so IOTA can achieve micro/nano transactions.


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I found that each time new usdt is issued, bitcoin price will increase, is usdt used to rise  bitcoin price?

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Although the cryptocurrency and blockchain industries have experienced significant development in recent years, there is still a shortage of funds as a whole. Startups in many industries have had to choose to raise money through Initial Token Issuance (ICO). So, ripple hopes to improve the status by establishing the ripple coin investment fund Xpring.

It is reported that Xpring will invest in, incubate, acquire, and campaign blockchain projects .It will also provide financial support for blockchain and cryptocurrency startups. In fact, many other industries do not use this blockchain network technology today except for some banking institutions that use Ripple payment networks. But now, using a startup incubator and providing financial support, Ripple allows more entrepreneurs to have a deeper understanding of the Ripple currency ledger.

Companies selected by Xpring will use Ripple's native tokens, ripple coin and xrp currency ledgers to build innovative products to help them solve customer problems.

Currently, Xpring,has provided support for several cryptocurrency and blockchain projects, such as the SB Project and the Interledger Protocol (ILP).


Ethan Beard, senior vice president of operations and product marketing, pointing out that the newly-established Xpring is a boon to blockchain start-up companies, and it can further promote the expansion and practicality of the ripple coin. So how do you think Xpring? Can it really change this situation?

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On May 11, 2018, the official iota said that he welcomes Michael Nilles to join the IOTA Fund. Michael Nilles is Chief Digital Officer and Chief Executive Officer of the Schindler Group. He joined the IOTA Foundation's Advisory Committee in March of this year. Schindler Group is a company that produces high quality elevators and is the world's largest escalator manufacturer. It is also the world's second largest elevator supplier.

But shortly before Michael Nilles joined, the Blockchain Technology Center (CBT) at UCL announced that it would no longer be in contact with the IOTA Foundation. Why did Michael Nilles choose to join the IOTA Fund at this time?

I think it is because IOTA is difficult to shake in the Internet of Things. The internet of things refers to a network between electronic devices embedded in electronics, software, and the like. The Internet of Things Coin can be traded as a currency unit (xot) and as an asset (IoT). At the end of November 2017, the promising IOTA Foundation partnered with Microsoft, Fujitsu, Cisco, Samsung and more than 20 other companies to launch the first publicly accessible Marketplace data market for the Internet of Things. What's particularly intriguing about this work is that the market is fully supported by IOTA distributed books. IOTA shares the same cryptocurrency and can be used to circulate in IoT products worldwide. In addition, iota currency was called the Internet of Things’s first currency, do you agree with that? How do you think Michael Nilles’ join?


7
Two, the project name sounds interesting. It is an Internet of Things waste management system supported by IOTA Tangle. This system has been formally approved by the Taipei City Government and is now available on the iota ecosystem website.

Garbage disposal is an increasingly serious problem for cities around the world. Every year, it takes a lot of money and resources to collect, classify and dispose of the generated waste. Nowadays, the appearance of emerging technologies such as the Internet of Things and blockchain gives us the ability to bring waste disposal to a whole new level. TWO is a set of hardware devices for the Internet of Things that can measure the real-time capacity of the waste bin, and can greatly reduce the cost and resources used in the waste management process through the Internet of Things and blockchain autonomy.

IOTA provides the project with a secure, transparent and future version of smart contract capabilities that enables TWO to have a scalable and lightweight new type of blockless distributed ledger.

IOTA's blockless ledger TANGLE will be the perfect tool to ensure the safety and extensibility of the waste management system. It will also allow all parties to view contract history at any stage of their process, which is 100% tamper-resistant and safe. With this system, users can not only maintain the complete ledger of the contract, but also can use Tangle to settle services and easily manage micropayments.
   
I think this movement of IOTA The IOTA's move boosts my confidence in it a little and I’m now more optimistic about iota cryptocurrency pric. Do you think it can have an effect on iota price?

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