IOTA - AN OVERVIEW OF THE IOTA CRYPTO CURRENCY. ITS PROSPECTS AND FORECAST FOR 2018

in #crypto7 years ago

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Hello! The appearance of Iota's crypto currency, iota, is accounted for at the end of 2015, and it should be noted that for a very short time of its existence, this crypto currency managed to gain great popularity in the digital money market. Experts say that such a popularity of this crypto currency is , first of all, due to its dissimilarity with other types of electronic money. It is based on a very unusual and completely new concept of use, and therefore attracts numerous investment investors who feel very good prospects for its development.

What are the features of the Iota crypto currency?
In the modern world, most people use every day everyday household appliances, a variety of gadgets and devices that run on different software. This allows to provide a process for storing the received information by these devices, among other things, it is possible to transfer it from one device to another and vice versa.

In general, the whole system was called "Internet stuff", from the English name Internet of Things (shortening the first letters of IOT), and called the Iota crypto currency. The whole essence of the "Internet of things" is that all devices are able to interact with each other via the Internet. And now more and more appliances are being used, other devices that can draw information from the world wide web. That is why very soon "Internet things" will become quite common in everyday life for every person, although serious improvements in the field of security and creation of the newest systems for the protection of transmitted and stored information are required.

Iota was created specifically for the "Internet of things", and the developers used the Tangle accounting system to create it. As the developers of the Iota crypto currency themselves say, this particular journal has a number of significant advantages, in comparison with the blockbuster.

If you make micropayments with the help of basic crypto currency, then users can face such problems as payment of high percentages of the system, unnecessarily long periods for carrying out transactions. If you use the Iota crypto currency, then such problems do not arise at all, because there are no miners in it, which is why the holders of this crypto currency are carrying out a process to confirm the ongoing transactions in the system. Among other things, many people are attracted by the total absence of commission fees.

What are the advantages of Iota versus bitcoin?
The original task of the creators of Iota was the creation of a crypto currency that would have significant advantages over bitcoin , which has negative moments, such as:

a system of centralization, many users of the bitcoin system create special communities - pools to provide the process to obtain more reward, but such a process can not provide complete system security and opens the way for all sorts of hacker attacks;
among other things, Iota does not have commission fees for the conduct and implementation of operations, which can not be said about bitkoyne;
there is a high probability that there will be a process of obsolescence of the most bitkoyna, because the Internet technology is constantly being improved, but with Yota this can not happen;
the cue-ball assumes the presence of certain capacities of personal computers, and the higher the power, the better.
The main advantages of Iota crypto currency
Due to the fact that the creators of Iota were able to eliminate most of the shortcomings present in the main crypto currency, the Iota electronic system began to enjoy such advantages as:
no need to pay commission fees for conducting operations with this crypto currency;
in the case of Yota, you can simultaneously carry out hundreds of thousands of operations with this coin, which in no way slows the system;
if Bitcoin and other cryptocurrency must provide the connected Internet, users need to connect to Iota's worldwide network of only a couple of times per day, which is enough for normal operation.
What are the prospects for Iota currency for the future?
Because our world is full of smart devices, and every day they appear more and more, they cover an increasing number of spheres of human activity, then very soon the whole of human life is to be inconceivable without the smart gadgets and devices.

In this regard, the prospects for the development of Iota's crypto currency are very optimistic and optimistic. Moreover, the team of creators Iota is constantly engaged in the improvement and expansion of his offspring.

At the time of this writing, the Iot rate was $ 3 apiece. Making the forecast for the course in 2018, I think this year the currency is able to make 100-200% of the profit, and the rate can vary within the range of 6-10 dollars.

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