Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => IOTA Forum => Topic started by: Domithra on February 05, 2018, 09:13:02 AM

Title: The IOTA micro-transactions
Post by: Domithra on February 05, 2018, 09:13:02 AM

Quote

For the first time ever true micro and even nano-transactions are enabled due to the unique IOTA Tangle architecture, providing developers with a brand new set of tools for their applications in both IoT and Web. This nurtures brand new business opportunities for companies that prohibitive fees has kept in the realm of the impossible until now.

Title: Re: The IOTA micro-transactions
Post by: mu6m0r0k on February 10, 2018, 05:55:40 PM

I like tangle like a concept but at least at the moment it have serious drawbacks and one of these is the central server. In that sense IOTA is not truly decentralized. It is true that the devs have told that there will be true decentralization in the future but before they achieve this, there will always be a cloud over the project and I would not expect a huge price rise of the coin before that.