Blockchain

Story: Everything on IOTA Blockchain is in the Alpha or Beta Stage of the Fourth Industrial…

By James Thorp

1 / 14

A worried IOTA hodler stated, “IOTA has been building for the last 6 years and still no product out yet. Everything's in alpha or beta.

2 / 14

For those who need updates about the progress in the IOTA community:

3 / 14

Why is IOTA working on the Internet of Things? Targeting only specialized high-end hardware will limit the security, decentralization, and growth of IOTA.

4 / 14

Already with the recent upgrade, you can run a full node (validating and storing the ledger state) for just 5€.

5 / 14

But do the people benefit? Do we get IOTA in return if we start a node with 5 Euro every month? Because I don't get this.

6 / 14

IOTA HODLers:  Is monetary reward the only benefit you’re capable of understanding? If so, then you’re absolutely correct: you don’t get this!

7 / 14

The industrial 4th revolution is coming. M2M (Machine to Machine) powered by IOTA.

8 / 14

Dominik Schiener expressed, “The best time to focus on building the future of Crypto and Finance is now.

9 / 14

Community Musings:  It's also time to separate other cryptos from BTC. There's no good reason IOTA, for example, should be sold off just because BTC is.

10 / 14

IOTA should have its own main decentralized exchange. We have the market makers. All we need is good fiat onboarding, which is possible with stablecoin.

11 / 14

Bitcoin is becoming less and less attractive. Now is the best time to launch the nectar testnet.

12 / 14

Positive IOTA Community Members like:  The new IOTA enables whole new paradigms. Smart contracts, EVM's, Digital Assets are serving the largest addressable market.

13 / 14

Also, In particular, even without fully functional smart contracts, IOTA's tangle can be used as a broadcast channel to publish messages and communicate information that is not…

14 / 14

Still, some are wondering what is IOTA actually working on? The word soon is a hurtful word for many community members. However, they believe in "soon to the moon."

The Currency Analytics

Want the full story?