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[Yugocean]

General

"IOTA" cryptocurrency is an open-source distributed ledger protocol launched in 2015. Instead of blockchain, it is blockless 'Tangle', a quantum-resistant DAG (Directed Acyclic Graph).

Fund/Earn
Users can earn IOTA via POW; IOTA 's DAG removes dedicated miners that eliminates the need for paying, thus there is no Fee in transaction.
They have their own wallet, build by the IOTA Foundation.

Use
MIOTA can be exchanged on leading coin exchange platforms; like exchange with BTC/ETH or even USD on Bitfinex.

Do you invest/use IOTA (MIOTA)?
What is your experience/review with it?

 

[overcast]

IOTA seems to have scalable set of options. So it's not rare to see how the coins may change things around. I have realized that it'd be possible that IOTA may even replace ether applications. But time will tell on that.

 

[Yugocean]

IOTA use "Tangle" instead of "Blockchain" ; so it is a different cryptocurrency; however it still requires Proof-of-Work for earning it, users have to mine it somewhat same way. Free transaction is a good thing with it.

 

[Medowriter]

IOTA use "Tangle" instead of "Blockchain" ; so it is a different cryptocurrency; however it still requires Proof-of-Work for earning it, users have to mine it somewhat same way. Free transaction is a good thing with it.

been that it blockless could be why the Miners are removed and if is proof to have no charges for it transaction , there are chances that it will become more useful wallet than others cos the charrges by blochain is not friendly, i will love have some MIOTA coins soonest

 

[Yugocean]

We all like to have IOTA (MIOTA) ; yet there is some limit because we cannot link their wallet to banks in India till is makes business in India; or we have to exchange from other cryptocoins.