2018-7-10 07:08 |
Altcoins
IOTA Foundation Head, Lewis Freiberg, attempted to explain alleged scalability and transaction issues at the project.
The world’s number 9 cryptocurrency by market capitalization is under some pressure to clarify why its answer to traditional blockchain technology, the Tangle, is increasingly having to deal with spammers who create parasite chains or ‘Side Tangles.’
IOTA’s Tangle Seems to Have Transaction Issues
is a recent post by Lewis Freiberg, Head of Ecosystem at IOTA Foundation.
Tangle is, essentially, a directed graph data structure underneath IOTA.
The Tangle: transaction number 5 approves transactions numbers 2 and 3, for example.Adoption Versus Transactions Per Second
Mr. Freiberg believes questioners are too focused upon transactions per second (TPS), as opposed to adoption by new users and confirmed transaction per second (CTPS) metrics.
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