IOTA is at ATL. Might want to start accumulating *the best coin*
IOTA is at ATL. Might want to start accumulating *the best coin*
Colton Myers
Logan Gutierrez
AESTHETIC
just bought a trill
Adrian Evans
Aesthetic AND innovation. Zero fees and no miner monopoly. The *true bitcoin killer*
Cooper Lewis
Wasn't this proven to be a scam or at the very least a faulty architecture?
Jack Hernandez
Scamcoins don't get $1b market caps. Plenty of people called eth a scam before the network got up and running (and even while it was running). They are still working out kinks, but read the whitepaper they are the real deal
Isaac Long
i just took a lookaroo at their brown paper and i'm pretty excited for 2020. if they're still around by then i'll pick a couple up. it's pretty silly to push a currency for a network that isn't up and running yet.
Landon Roberts
Not saying go all in, but it's very cheap right now and will possibly get cheaper. If they do succeed it's not hard to see IOTA overthrowing bitcoin
Christopher Rivera
>If they do succeed it's not hard to see IOTA overthrowing bitcoin
feel free to elaborate.
Jackson Gray
wake up!
Benjamin Flores
Bitcoin uses miners to validate transactions, while in Iota every transaction validates two other transactions, so there are no miners and zero fees. This means that as Iota scales it becomes more secure and faster, whereas bitcoin becomes sluggish and more expensive. Also Iota uses winternitz ots which is quantum resistant, whereas sha256 is vulerable to quantum computers, although that wont be an issue for maybe 5 or 10 years.
Joshua Sanders
i don't get it.
Gavin Clark
Just bought 300 million.
Austin Long
OK I'll bite. It's about time we actually shill a good coin
>zero fees
>quantum resistant
>gets faster with more transactions
>no chink monopoly
Ryder Taylor
and the only real downside is that all the tokens to ever exist were created at the genesis. This means there is a potentially large concentration of token with the original adopters (presumably the devs), however, this article gives a somewhat coherent analysis of distribution and it seems pretty positive
medium.com
Cameron Wright
Nice, just bought 100k!
Jeremiah Evans
What does this mean
Read this blogpost first to get an overall-understanding: blog.iota.org
IOTA is a new distributed ledger. Both its technological underpinnings and unique features open up new use cases which were never before possible with old blockchain technologies. IOTA was created as an open source distributed ledger software project. While it was inspired by the immutability of blockchain technology, it solves nearly every problem inherent in blockchain protocols. Instead of a blockchain, a directed acyclic graph (DAG), the Tangle, is used. IOTA is mostly made for the IoT as the technology for data integrity and industrial appliances. Furthermore pay on demand, micro-payments and machine to machine communication like sensor technology, smart cities, adaptive systems. To make it short: as the backbone for the Internet of Things.
Features:
Infinite scalability, lightweight design, quantum secure, no transaction-fees, no blocks, no mining, POW for transaction approval, JINN-processor-supported in the future, ternary (not binary)
David Sullivan
internet of shit is so far away though, like decades
Caleb Gray
Zero fees alone make it better than any other coin
I means you will get rich as fuck
Landon Rivera
hipster ebola coin
Blake Powell
I thought getting in at 100k sats was good kek
whatever, just hodling.
Luis White
>get rich as fuck
i doubt it, i've only got 40gi. maybe i'll get enough to buy a used mazda though. bitches love used mazdas.
Landon Jenkins
why buy iota when you can buy xrb
Matthew Lee
Someone who knows their crypto shit and wasn't shilling anything, guessed in 5 years or that each IOTA would be around $0.01 each. That puts a mIOTA $10K. Whatever happens, IOTA is a long, long term play. Cheap af right now though for sure.
Ryder Williams
how...would a token for micro transactions function if each iota was worth that much?
Dylan Myers
Define micro payments. PayPal defines micro payments as payments under $10 iirc. Payments of $0.01 are pretty micro imo.
Jayden Phillips
IBM's Micro Payments was established c. 1999,[9] and were it to have become operational would have "allowed vendors and merchants to sell content, information, and services over the Internet for amounts as low as one cent".[10]
Adrian Barnes
>Someone who knows their crypto shit and wasn't shilling anything, guessed in 5 years or that each IOTA would be around $0.01 each. That puts a mIOTA $10K. Whatever happens, IOTA is a long, long term play. Cheap af right now though for sure.
>IOTA will be worth $27 trillion, approximately 29% of projected world GDP
I have news for you dude, and you should try not to let your ego block it out
if you and your source are unable to check that math yourself you are CLEARLY too dumb for crypto and should be a bit more careful
100% honesty here man if you think IOTA will be 29% of world GDP in 5 years or you were too dumb to figure out that math you are not very bright.
Aaron Flores
2,779,530,283,277,761 total supply IOTA= 2,779,530,283 Mega Iota
Or,
2,779,530,283,277,761 IOTA
1,638,927,500,000,000 Satoshi
Is it really that hard for people to not think in terms of decimals?
Think of 1 IOTA as 1 Satoshi and there is less than twice the supply. IOTA is meant for micro transactions between Machines, not humans.
Is $100K bitcoin possible? That's $0.01 per sat.
Dominic Cruz
who's to say what crypto will rook rike in 5 years old beans. it's not like i sold my house to buy iota. i don't know why people get so butthurt about speculations.