IOTA (MIOTA)

Visit Website

Average Ratings

Risk?

Measures absolute and relative price fluctuations over several time frames and other variables.

★★☆☆☆
Roi?

Calculates returns in comparison to moving averages and other factors.

★★★★☆
Tech?

Measures the ability to scale, upgrade and other technological weaknesses or strengths.

★★★☆☆
Team?

Evaluates public acceptance, participation of developers and other key factors.

★★☆☆☆
Total
★★☆☆☆

Website:

https://iota.org/

Social:

Risk

IOTA has high risk associated with its token price. Several things have to pan out in order for this to be a good investment. First, the Tangle (the new method of storing transactions through a mechanism called Directed Acyclic Graph or “DAG”) must work according to theory. Second, the world must start connecting to the Internet of Things. Finally, IOTA’s technology has to keep us with the technological advances made throughout this process.

ROI

IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions. It does, however, require some computational power to submit a transaction, making it perfect for machines to use as a currency and distributed communication protocol for the Internet of Things “IoT.” Because IOTA relies on the adoption of the Internet of Things your ROI will be realized when the world starts connecting to the Internet of Things.

Tech

No Cryptocurrency delivers perfectly in what it promises. IOTA is not different. In order for IOTA to work as a decentralized cryptocurrency it still has to solve a lot of challenges and technical difficulties that still are yet to be demonstrated will work.

Team

Critics are quick to point out the current flaws of IOTA which include: Conflict Resolution Vulnerabilities, Malicious Attackers (Majority attack), The Coordinator, Parasitic Chains, Cryptography Best Practices, Ternary Processor concerns

 

Overall

One of the main differentiators of this technology versus the Blockchain is what IOTA calls “The Tangle” which uses a system called Directed Acyclic Graph or “DAG.” If everything goes as planned, as the network increases, so will its speed. So there shouldn’t be a backlog issue as we keep seeing their transactions rising.

Risk

IOTA has high risk associated with its token price. Several things have to pan out in order for this to be a good investment. First, the Tangle (the new method of storing transactions through a mechanism called Directed Acyclic Graph or “DAG”) must work according to theory. Second, the world must start connecting to the Internet of Things. Finally, IOTA’s technology has to keep us with the technological advances made throughout this process.

ROI

IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions. It does, however, require some computational power to submit a transaction, making it perfect for machines to use as a currency and distributed communication protocol for the Internet of Things “IoT.” Because IOTA relies on the adoption of the Internet of Things your ROI will be realized when the world starts connecting to the Internet of Things.

Tech

No Cryptocurrency delivers perfectly in what it promises. IOTA is not different. In order for IOTA to work as a decentralized cryptocurrency it still has to solve a lot of challenges and technical difficulties that still are yet to be demonstrated will work.

Team

Critics are quick to point out the current flaws of IOTA which include: Conflict Resolution Vulnerabilities, Malicious Attackers (Majority attack), The Coordinator, Parasitic Chains, Cryptography Best Practices, Ternary Processor concerns

 

Overall

One of the main differentiators of this technology versus the Blockchain is what IOTA calls “The Tangle” which uses a system called Directed Acyclic Graph or “DAG.” If everything goes as planned, as the network increases, so will its speed. So there shouldn’t be a backlog issue as we keep seeing their transactions rising.