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Author Topic: Why We chose IOTA over other Cryptocurrency  (Read 113 times)
Herbert2020
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March 22, 2018, 07:28:21 AM
 #21

you forgot to mention "what for" Cheesy

for investment, IOTA like any other altcoin is only good for a short term while it is getting pumped and you should get out of it before it is too late and before the dumping is started.

for other purposes, things you said may be correct. i am actually very interested in all the altcoins that are using DAG technology. but one thing has always concerned me and that is the fact that it has no fee and what is stopping someone from spamming the network with limitless number of transactions every second to cripple the network?

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
labake
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March 22, 2018, 08:32:10 AM
 #22

IOTA is cool and nice with it’s feature but the only thing I observed and have being waiting for the development by the team for long is the wallet. Still waiting for the simple wallet both on desktop and mobile. It would be nice to have something easy to access as wallet. Thanks
Ponya
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March 22, 2018, 08:41:33 AM
 #23

IOTA has a range of features that are uniquely enabled due to its architecture:
- IOTA can achieve high transaction throughput thanks to parallelized validation of transactions with no limit as to the number of transactions that can be confirmed in a certain interval.
- IOTA has no transaction fees.
- IOTA has no miners. Every participant in the network that is making a transaction, actively participates in the consensus. As such, IOTA is more decentralized than any Blockchain.
- IOTA utilized a newly designed trinary hash function called Curl, which is quantum immune.
jhimli (OP)
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March 23, 2018, 06:12:15 AM
 #24

IOTA uses ‘exclusively quantum resistant cryptographic algorithms’ which are immune to this brute force attack . Furthermore the Tangle decreases impact of a Quantum consensus attack by 1 million times.
jhimli (OP)
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March 24, 2018, 03:28:01 PM
 #25

Any one from this group heard about MIOTA ?

Dread
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March 24, 2018, 04:02:01 PM
 #26

IOTA has a range of features that are uniquely enabled due to its architecture:
- IOTA can achieve high transaction throughput thanks to parallelized validation of transactions with no limit as to the number of transactions that can be confirmed in a certain interval.
- IOTA has no transaction fees.
- IOTA has no miners. Every participant in the network that is making a transaction, actively participates in the consensus. As such, IOTA is more decentralized than any Blockchain.
- IOTA utilized a newly designed trinary hash function called Curl, which is quantum immune.

look at byteball, for example..too lite transactions fee, no 51%attack, and nice price
but haven`t a problem like MIOTA- why i should to be choise a Iota?

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coin5haker
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March 24, 2018, 04:15:18 PM
 #27

I'm kinda pissed with IOTA price drop and overall performance. But investments from VW and BOSCH are boosting my confidence in them. I choose to HODL, eventually, I would be paid off nicely. Other IOT project I like is Walton Chain. It signed a partnership with Alibaba (hope it is not just using Ali's cloud infrastructure). Sadly, I jumped WTC too late, got only 25 WTC twice as expensive as it now. Learned my lesson hard.: Buy Bitcoin at dip and wait for price rise. Buy more alts with your BTC later.

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