IOTA is not fully new in crypto business. It has established a good reputation in the crypto market. It is not like other cryptocurrency, in shot we can say that IOTA is a centralized crypto. Here we will talk about its pros and cons.
Pros of IOTA
- IOTA can perform billions of transaction per second also it is possible for micro transaction.
- No transaction frees.
- Energy consumption is very low.
Cons of IOTA
- It is now a centralized currency.
- Due to its high capacity transaction it is very much possible to hack a transaction.
- Due to low amount of transaction, now each transaction takes on average a minuter.
