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IOTA (MIOTA)

IOTA has seen many of the issues Bitcoin and Ethereum have with the POW (proof-of-work) and POI (proof-of-importance) models and looks to improve them with their revolutionary transaction validation network simply called “tangle”.

When issuing a transaction in IOTA, you validate 2 previous transactions. This means you no longer outsource validation to miners which requires wasteful amounts of computing power and usually a large stake of coins. These required resources are, in effect, centralizing the currencies which many believe were created to be decentralized in the first place.

With IOTA, the more active a ledger is, the more validation there is. In other words, the more people who use it, the faster it gets. You don’t have to subsidize miners, so there are no fees on transactions. That’s right: zero. The IOTA team has been actively developing blockchain technology since 2011, and created the IOTA foundation and company in 2016. Since its emergence, the team has been continuously growing, attracting exceptional talent from around the world.

For more information on IOTA’s team and their revolutionary“tangle” technology, check out “What is IOTA”.

Top News

Ethereum Price Analysis 23 August 2019: Bulls retreats under $200

kio

Ethereum impressive move from last week’s lows crossed the $200 hurdle. This may be emblematic of improving technical conditions for the cryptocurrency. However, it failed to break above $205 thus allowing the sellers an easy-takeover. Failed support has Ethereum retreating below $200. It has started a downside correction. Ethereum price topped near …

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Bitcoin Hits Pause Button After Spectacular Upward Movement

As declines set in, Bitcoin hits the pause button around $11,000 after it had been showing notable movement. Amidst a building bearish momentum, Bitcoin is trading at $10,772. BTC/USD is likely to go below $10,000 and even touch last week’s lows at $9,469. Bitcoin’s has astonishingly hit the pause button …

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Bitcoin Price Analysis: Bitcoin (BTC) shows a huge drop

Bitcoin (BTC) as of writing this article was trading at $10,024.1 against the United States dollar (USD) and the coin was showing negative and download fall of -1.54 percent. The market cap of the coin was $170.876 billion United States dollar (USD) and the market supply of the coin was …

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What is Ethereum blockchain and its functions and aspects at Large?

What is ethereum? Ethereum is basically a contract platform, conceptualized by vitalik buterin, which allows the development of decentralized applications. It happens to be a vital part in the domain of cryptocurrency as when conditions are met, it executes itself automatically. It is basically regarded as a pioneer for smart …

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Bitcoin (BTC) is anything but a hedge

What is a hedge? Here is how the definition goes: Investment position intended to offset potential resources or games that may be incurred by a companion investment In short when you do a hedge investment, you do any investment to minimize your loss or to reduce the risk involved in …

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Ripple Price Analysis: The Crypto is Showing Bullish Surge

The cryptocurrency market is experiencing ups and downs this week. Some of the currencies have experienced the bullish surge, but the market has again under the slight correction. The top ten currencies are under bearish pressure. Ripple (XRP) has shown some nice movements in this week and the value of …

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