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Title: IOTA and its popularity and texh Post by: OKEYDOKEY on March 03, 2018, 05:40:28 AM I am very intrigued by no transaction fee which makes microtransactions possible. I am a big “what if” guy when it comes to IOTA and its security.
There are couple of questions that I would like to ask the community regarding its tech. 1. Why are they using ternary rather than binary? 2. How are each transactions secured? In blockchain shared ledger, verification mechanism, and shit load of hashing(bitcoin), and no economic incentive to waste computing power in order to hack the system. So what makes IOTA secure? And all of the math explained in Tangle Whitepaper rational when it comes to security? It would be very helpfulif ther explanation is somewhat understandable to everyday developers and people. |