Hello dear steemians !
As you can see IOTA it's on a roll right now ( maybe rising until it reaches the moon ? ), or just a pump and dump ?
Lets' see why all of the sudden people are buying this altcoin !
If you want to know what IOTA is and what it wants to achieve you can read these two articles from :
and
In the last two days we had some news articles about IOTA :
1 The first one http://www.energycentral.com/c/iu/iota-aims-take-p2p-distributed-energy-trading-beyond-blockchain
2 And the second one https://cointelegraph.com/news/time-has-come-for-blockchainless-technology-iotas-david-s%C3%B8nsteb%C3%B8
1 The first article is a presentation of the IOTA project and why it can be useful for various fields of activity compared to the blockchain technology
" IOTA and the Tangle can be applied to great value and society-wide benefit by dramatically improving the reach, as well as the efficiency and scalability, of direct P2P exchanges and sharing of distributed energy resources as compared to blockchain-based solutions .
IOTA provides a robust infrastructure that can integrate both centralized and emerging decentralized power systems with Internet of Things (IoT) networks to be safely aggregated into diverse transactive energy business models. As well, IOTA is the only technology that will support peer-to-peer energy sharing and transactive energy with zero transaction fees " David Cohen said
The article provides a few more explanations of why IOTA is prepared to enter the energy field and IoT as well.
2 Now let's see what we have in our second article we mention about above
Here https://cointelegraph.com/ ask the co-founder of IOTA David Sønstebø about what is his opinion regarding the future of IOTA on the market and on the mass adoption as well
Here are some of his answers :
(Answer to whether this coin will make an impact in the future) " IOTA is barely out the gate publicly: we have only slowly begun releasing information about the partnerships that we have worked on with large organisations since late 2015 and 2016 -- certainly, a lot of news to come in this domain. Beyond that, if you read the IOTA roadmap you will see that we have a lot of IOTA modules in development that will greatly extend IOTA's functionality, so the answer is: definitely. "
(Answer to what IOTA brings more to the picture) "The most obvious differences that IOTA brings is a complete overhaul of the blockchain, by getting rid of the blocks and the chain and instead creating a Tangle/Directed Acyclic Graph. We have resolved the largest problems of blockchain: fees, scalability and centralization.
Having no fees means that micropayments are finally a reality. In IOTA, you can send 0.00001 cents if you want to and the recipient gets it all: this is a game changer in itself. For the first time ever you can conduct trustless transactions digitally without any fees. The other large issue that IOTA resolves is that of scaling: it is no secret that all public blockchains suffer from a terrible performance in terms of throughput. Even under ideal conditions, they do not scale to meet even slight real world demands. "
The last rows of the article says that :
"Finally, IOTA gets rid of the centralization incentive that exists within blockchain architecture. Blockchains always centralize around resources in the form of mining and staking-pools, because it makes economic sense. However, this leads to centralization of the ledger: the largest blockchains are controlled by a handful of mining pool operators, which again are at the mercy of their ISP providers. "
So this news are suggesting the rise in the value of IOTA (as I am currently typing) , what do you guys think ?
Is is a project with a great deal of potential ?
Or just a PUMP and DUMB (I used B and not P with a reason ? ) ???
REMEMBER TO FOLLOW AND RESTEEM my dear steemians and do your own research before investing !!!
DISCLAIMER : The post has been prepared solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this post do not constitute investment advice and independent advice should be sought where appropriate
HAVE FUN & GOOD LUCK !!!