Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => IOTA Forum => Topic started by: coinhunter on October 28, 2017, 07:03:57 PM
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Do you think IOTA is special, why?
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No fee and its tangle.. more the node and more the benifit
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Yes there are no fees for sending and receiving which is a great concept and internet of things is the future for all so this coin is a long time hodl and will make millionaires one day
regards
Balaji
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Do you think IOTA is special, why?
It's special alright. And very complex...I don't like it
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I think because the fee is low and at the same time the modus operandi is somehow unique compare to other coins
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I think because the fee is low and at the same time the modus operandi is somehow unique compare to other coins
above statement : no fee and you r sayin low fee... Which one is correct? :o
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Yes there are no fees for sending and receiving which is a great concept and internet of things is the future for all so this coin is a long time hodl and will make millionaires one day
regards
Balaji
is it true there's no fee for sending and receiving? if it is, I think it will be serious competitor for ethereum blockchain
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Supposedly it can handle an almost unlimited amount of transactions per second. So there's that.
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Its project and programmers.....they both give the prospect
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It cost IOTA to do all transactions, hence the Token.
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None of my posts are getting posted.
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IOTA is very cheap now but some are holding it for long period of time waiting for price up thats what IOTA makes special
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The uniqueness of IOTA is the more activities in the network the faster the confirmation process that occurs within the network. In contrast to the concept of Blockchain technology in general, there is no difference in status between the user and the validator (miners), so this may prevent centralization where the cryptominer in general can arbitrarily assign the amount of fee to confirm the transaction.
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IOTA is a very special coin. It is unique in that it uses a tangle technology and not blockchain technology which has a lot of advantages. Transactions, thus sending and receiving money is also free with IOTA. It has a great future.
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I think it's the tangle technology and low fee.
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IOTA is the first open-source distributed ledger of the Internet of Things and it's been one of the reason why this digital currency has catapulted its market capitalization putting it on the top list of digital currencies already. It's a good digital currency investment.
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I think because the fee is low and at the same time the modus operandi is somehow unique compare to other coin
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I think because the fee is low and at the same time the modus operandi is somehow unique compare to other coins
above statement : no fee and you r sayin low fee... Which one is correct? :o
its almost feelees. but it sure have fee. maybe he stated no fee because its almost neglected comparing other coin
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IOTA is one of the many altcoins that have potential, and one must judge from a different side that makes this coin as special, perhaps from the development or vision of its future mission.
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one of the the most special thing about iota is that it does not run on blockchain. it has its own unique system which can make the number of transaction irrelevant.
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I think it's the tangle technology and low fee.
IOTA currently ranks 7th largest cryptocurrency by Market Cap at $ 11B (twice as much as all ICOs at launch as it is now), making IOTA one of the most attractive platforms in 2018. With IoT Token No Transaction Fees.
This is specifically from IOTA, without Transaction Fees and with The Tangled technology
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May be it's unique platforms that using decentralized acrylic graph instead of blockchain technology makes IOTA special compare to other crypto.
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I had also considers these features, the decentralized acrylic graph, and more features that makes IOTA special is the ability to deal with security and scalability
issue that has been the problem with many projects, and seeing as there are no blocks, there is no mining as well. This poses a lot of benefits: feeless transactions, no centralization of control by part of the miners and no discrimination of participants in the network, and no high resources and hardware being used.
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In their new medium article: "Big Data, #IOTA and revenues from the processing of data"they describe that it could be important in the future to refine data #IOTAstrong https://medium.com/@markusgebhardt/big-data-iota-and-revenues-from-the-processing-of-data-218f92cbcbe1 It is good information about the development of iota in the future
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Iota will be addopted by corporations in the future for example, ElaadNL is a Netherlands based company focused on providing smart charging to electric vehicles. IOTA is a cryptocurrency focused on powering the Internet of Things. The two integrated with each other to achieve a seamless car charging experience without the use of credit cards. The following takeaways show why ElaadNL’s partnership with IOTA is actually a major step forward.
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There are many reasons that make IOTA special. But the one I like about this coin is this free coin network. This is because IOTA confirms the operation with 2 transactions. In addition, IOTA mining is also easier than old coins like Bitcoin.
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I think it's very good coins. Because IOTA has its own blockbuster, IOTA is more powerful coins. It is ranked 11th in the list of best coins. So people want to invest more in it. At the end of 2018, I think its value may increase.
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It wouldn't be in the top 20 if it weren't a good project to invest with, you'd prefer to invest to these cheaper project as there are possibilities of you earning much more when price reaches more than a hundred but you must be a long term holder to be able to wait for such price. IOTA shoots up last year, it should bounce up when the market stables.
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That's right, it is true that there is no cost to send and receive because it is a big concept from the internet and also a future.
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I think when I heard about IOTA I realized that there is no end and even blockchain won't rule forever.In this article I tried to collect the most relevant information, how IOTA will change the economy of Internet of Things (IoT).
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IOTA is very unique in lots of ways. Fee-free transactions, that seriously cool, the more transactions, the faster confirmation of transactions. Secured and encryption of data, the best of all, with its own technology Tangle Technology
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there are no fees for sending and receiving,the more transactions, the faster confirmation of transactions. Secured and encryption of data, it good concept but IOTA still has many complex problems.
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IOTA is Germany's most successful crypto project. With IOTA and its tangle the Internet of Things is to become possible. The founders see in IOTA an alternative to Bitcoin. The tangle should be infinitely scalable, transaction fees cost nothing.
Ever heard of smart city´s?All those "things" which made that city smart will comunicate over IOTA´s TANGLE.And the bigger that city is the better the network. More machines,better the network.As Tangle grows and more and more participants make transactions, the overall system becomes safer and faster
Right now it´s all speculation but this project has more chance to grow then Bitcoin and Ethereum together.
This is only my opinion, it's not advice carved in stone.
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I only think that IOTA has enough money to support prices.
Here we also see that IOTA has around 228,201 BTC.
This kind of finance is very strong for IOTA to remain in the top 20 Coinmarketcap.
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There are various features that make IOTA special for instance:
Unlike other cryptos, IOTA does not have a blockchain. Instead, it uses a Decentralised Acyclic Graph (DAG) named Tangle. The Tangle allows each transaction to be processed individually, rather than simultaneously, and even allows for them to be processed asynchronously.
The platform's cryptocurrency is MIOTA and one of its striking characteristics is that it will enable micropayment transactions between connected devices.
Features IOTA possesses that are quite advantageous are:
High scalability
Low resource requirements
Zero fee transactions
Secure data transfer
Offline transactions
Quantum Immune
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IOTA is a very special coin. It is unique in that it uses a tangle technology and not blockchain technology which has a lot of advantages. Transactions, thus sending and receiving money is also free with IOTA. It has a great future.
IOTA is the only crypto around which does not utilise blockchain technology. Instead, it uses another type of network, called a Tangle. According to IOTA’s website, the benefits of using Tangle include: a lack of fees, speedy transactions, secure data transfer and transactions can be conducted on infinite scales. Other aspects include pay-on-demand and micropayment abilities. IOTA was created to be “the backbone of the internet of things”, and fully supports secure machine-to-machine (m2m) communication. This makes miota special and different from other coins even though there are some flaws.
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Watching a series on Amazon I'm a Prime member and then finding out you need to pay for the final seasons....which I have if I liked it enough. That makes me crazy.