![]() Serguei Popov that founded IOTA back in 2015. ![]() ![]() It was David Sønstebø along with Sergey Ivancheglo, Dominik Schiener and Dr. Other major features and benefits of using IOTA are that the processing confirmation times are fast, and there is no limit what so ever in regards to how many transactions can be processed at the same time. One thing however that does appeal to a great many users of IOTA is that all transactions processed are free no matter how small or large in value those transactions are! Its design is such that is uses something known as a directed acyclic graph technology and therefore it doesn’t use the much often used blockchain. IOTA is first and foremost an open-source distributed ledger and its main aim is to allow for the secure communication and for the payment for goods and services. I have compiled the following review of IOTA as I am aware many people are thinking of buying into that cryptocurrency too, however before I do give you a much deeper insight into it, allow me to give you a general overview of how it works and how it has been designed. Thanks to that collaboration, IOTA is now, by its market capitalization, the eleventh largest cryptocurrency, and it is often one that people look to when they are seeking an investment opportunity ,and one that isn’t as expensive to buy into as some other cryptocurrencies are, as its unit price is still relatively modest. That has certainly been the case with IOTA, for that cryptocurrency has started to collaborate with companies such as Fujitsu, Deutsche Telekom and Microsoft and that has not gone unnoticed by investors in cryptocurrencies. It is not only the general public who have been showing great interest in cryptocurrencies, for many large companies have also started to show an interest in them, and when one or more trusted and large company buys into any cryptocurrency the price and popularity of them increase.
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