IOTA? Eye-Oh-the blockchain disruptor. IOTA over the past few weeks has been making amazing progressive gains powering through and keeping its place in the top 10 cryptocurrencies by market capitalisation.
We have kicked off a facebook community if you would like to join:
https://www.facebook.com/groups/1943913962552322/
I want to summarise the following:
Advantages
- Quantum proofed
- 0 transaction fees
- Some partnerships and testing with technologies
- Tangle network removes the mining dominance and monopoly
- Disruptor to block chain
- Replaced satoshipay
- Strong community support
Disadvantages
- Significant amount of supply. Don't have numbers with me
- On limited exchanges but will be interesting to see if it lists ever on YUNBI etc.
- Still in development
DYOR and only invest with money you can afford to lose! Be very interesting to see if big money/institutional investors buy into this. We can definitely expect a big uprise then. GL to all HODL-ers.
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I think Iota is one for real long term value.
Agreed
I listened to a podcast with one of the IOTA founders recently, pretty interesting concept and I think it will be a hit or miss type play.
The idea of putting a tiny ASIC in every InternetOfThings device seems pretty far fetched to me and having a currency specifically associated with IoT devices is pretty nuts, but this is crypto and crazy is the name of the game.
almost a dollar now</dollar now>