2018-7-26 10:00 |
When IOTA was founded in 2015 by the quartet of David Sontesbo, Sergey Popov, Dominik Schiener, and Sergey Ivancheglo, there was little doubt that they were unto something that could potentially fast-track the mass-market adoption of cryptocurrencies.
IOTA was founded to merge cryptocurrencies with Internet of Things to encourage mass market adoption of cryptocurrencies and to fix some of the fundamental problems behind the complexity and scalability hurdles of Blockchain technology.
For one, IOTA wanted to integrate seamless transactional communication between IoT devices, with improved accuracy, at lower operational costs, and without the core complexities of a Blockchain.
Continue reading IOTA Sounds Great On Paper, But A Cryptocurrency Without A Blockchain Might Not Be An Excellent Idea at Crypto Daily™.
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