IOTA Review 2019 – Overview, Features, Guides

IOTA coin official logo image

IOTA coin official logo image

 

IOTA

IOTA was founded in 2015 to provide a solution for digital payments and the ICO was held from November 2015 till December 2015. It stands for Internet of Things of Application and is a cryptocurrency technology that facilitates transactions between devices of the Internet of Things(IoT).

IOTA represents a cryptocurrency and a platform for making small payments without paying any fees. Users are able to transact one coin or a fraction of it. IOTA addresses the transaction fees and scalability issues of blockchain technologies.

IOTA Coin Image

IOTA is revolutionary and makes it unique and very promising. It is able to become that transactional fuel with the participation of machines integrated into one network. The main advantages are the absence of commissions, the high speed of operations and the possibility of conducting micro-transactions.

The project is actively developing and cooperating with the largest consortia suggests. Coins have some weight behind them and they must fulfil the role of fuel in a developing sphere.

IOTA COIN VISION Image

IOTA have chosen a Directed Acyclic Graph(DAG) for the structure of their underlying ledger. The DAG gets faster the more node are participating. Every node that wants to send a transaction has to verify two previous transactions and has to do a small amount of Proof-of-Work to do this.

The asset of IOTAs ecosystem is traded in batches of one million IOTAs and they are referred to as MIOTA (Mega IOTA).

IOTA COIN FEATURE IMAGE

IOTA is currently ranked as one of the largest cryptocurrencies and an interesting project with a limitless potential. It would be one of the first cryptocurrencies to lower the price of Bitcoin if it is successful.

Cardano Review 2019 – Is it Promising?

cardano logo

cardano logo

Cardano

Cardano is a smart contract platform and the product of a scientific approach toward solving the most pressing issues of blockchain projects; security, decentralization, incentivization and system flexibility. It is built on a vision to bring the benefits of the civilized world to communities.

Issues of Blockchain projects

– the existing banking system is too expensive to be implemented

– credit is hard to get

– the lack of stable identity makes trust difficult

 

cardano homepage image

Cardano is a fully open source, decentralized blockchain and allows different Blockchains to communicate. That will drive the adoption of Cardano since interoperability ensures compliance in transactions. Their project was the first to be built on peer-reviewed academic research and one of the pioneers including a multi-layered network, HD wallet and a community-governed treasury.

However, it has been hailed as a blockchain 3.0 network and severely lagged behind the likes of Ethereum and EOS.

cardano homepage image

Development

Cardano was designed to be the first protocol that will balance privacy and regulation, and it is written in the Haskell programming language known for its strong security. The ADA cryptocurrency was the first application and designed to be the native currency of the Cardano platform.

Cardano coin Roadmap image

 

After releasing the Cardano 1.4 update, it started picking up steam including multi transactions, paper wallets and quantum resistance, etc. Cardano basically makes the energy-consuming PoW algorithm obsolete.

Cardano is scalable and can achieve faster transaction speeds with the upcoming chains. It recorded over 70,000 transactions during its first year. Cardano has struggled with tangible adoption threatening its eventual success against active competitors. We are looking forward to come the future of Cardano technology.

Cardano Review 2019 – Is it Promising Coin?

cardano logo image

 

cardano logo image

Cardano is a smart contract platform and the product of a scientific approach toward solving the most pressing issues of blockchain projects; security, decentralization, incentivization and system flexibility. It is built on a vision to bring the benefits of the civilized world to communities.

Issues of Blockchain projects

– the existing banking system is too expensive to be implemented

– credit is hard to get

– the lack of a stable identity makes trust difficult

cardano coin hompage image

Cardano is a fully open source, decentralized blockchain and allows different Blockchains to communicate. That will drive the adoption of Cardano since interoperability ensures compliance in transactions. Their project was the first to be built on peer-reviewed academic research and one of the pioneers including a multi-layered network, HD wallet and a community-governed treasury.

However, it has been hailed as a blockchain 3.0 network and severely lagged behind the likes of Ethereum and EOS.

cardano coin image

Cardano was designed to be the first protocol that will balance privacy and regulation, and it is written in the Haskell programming language known for its strong security. The ADA cryptocurrency was the first application and designed to be the native currency of the Cardano platform.

After releasing the Cardano 1.4 update, it started picking up steam including multi transactions, paper wallets and quantum resistance, etc. Cardano basically makes the energy-consuming PoW algorithm obsolete.

cardano roadmap image

Cardano is scalable and can achieve faster transaction speeds with the upcoming chains. It recorded over 70,000 transactions during its first year. Cardano has struggled with tangible adoption threatening its eventual success against active competitors. We are looking forward to come the future of Cardano technology.