Home Finance News IOTA has Hopeful and Confident Users Interspersed with Worried and Not So Sure Users

IOTA has Hopeful and Confident Users Interspersed with Worried and Not So Sure Users

Iota confident users

Dominik Schiener:  Why am I so confident about IOTA? We are building the best foundational infrastructure layer for new digital economies to be built on. And it’s Feeless! No one else can compare.

Supporting his stated, he pointed to how smoothly the IOTA Tangle was running smoothly at 60 + TPS.

When someone asked about where is the adoption waiting for Chrysalis? Intel, Dell, Jaguar/Land Rover, ST Microelectronics, different smart-cities, and so on. They are all there for adoption.  And, the answer sounded really cool.

IOTA’s development is 3 to 4 years ahead when compared to others.  However, the community feel that there is not enough marketing.

One of the users stated:  “I’ve been involved with THIS technology since the infancy of blockchain, but have always had too much respect for the complexity to venture further into it. At the end of last year, I wanted to start a new attempt and came across DLT and IOTA.

With every line I read about how it works, my enthusiasm grew. It was simply inexplicable to me who is still willing to bet on blockchain when there is such a fascinating technology next to it. Growing performance with increasing transaction numbers, no fees.”

Someone who is new was wondering any apps or use cases that developers can build on iota? I would recommend you to join discord and you will find many IOTA community members building various things. There is also IOTA ecosystem development funds that could fund your idea.

While Blockchain is the future, IOTA is going beyond it. For investors, Binance, Bittrex, Bitfinex, Huobi, eToro are some places from where they can buy IOTA.

For clarity, The IOTA Foundation is one of the leading organizations for DLT research. Our vision is to enable new economies with IOTA – a green, feeless and scalable distributed ledger, designed to support frictionless data and value transfer.

Regarding, energy per transaction. Bitcoin isn’t designed to be a large scale transaction machine. If you want incredibly low energy per transaction look at IOTA.

Criticism:  Price tells a different story. A story of false promises broken management and missing project deadlines again and again and again and again. The funny thing is that everyone knows about iota’s reputation too. Their baseless hype doesn’t work anymore.

While all there are happening, there were users who stated that they bought more of IOTA.

Tom Jansson is the new legal counsel at the IOTA Foundation. He will support IOTA in a wide variety of legal and regulatory matters.

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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