IOTA is one of the more interesting cryptocurrencies, and it’s mostly because it’s designed to operate without proof of work, but rather each participant on the network must verify 2 other transactions, which is how the network reaches consensus on the state of the blockchain ledger. Now, this is interesting for various reasons, but let’s start with the design of the network versus other crypto currencies that primarily operate on hashing algorithms, or a blend of a hashing plus staking algorithm. The IOTA network is arguably the most decentralized, because each transaction node is also a verification node to assure consensus of block transactions across the network. In theory it has unlimited scale, because transaction verification and volume go hand in hand with this network without widespread use of electricity, as each transaction participant is contributing their own computing power and electricity into the network. Furthermore, IOTA has a fee-less structure, which makes it unique when you compare it to other crypto assets that require an ever-increasing number of computers to mine and solve for complex algorithms. In the case of the “Tangle” the computing power is contributed each time a computer verifies a transaction on the network after making a transaction. In theory, the parallel nature of the network puts no upper ceiling on the number of transactions that can be made. Also, the Directed Acyclic Graph or “DAG” makes it difficult for hackers to identify and attack all the branches in the network, given the decentral nature of the network, and how it operates at the edges of the network with no connections to other edges of the network. It sounds weird, but the network is so heavily distributed it’s hard to pinpoint a specific area of known weakness making it less susceptible to attack and is also quantum computing resistant. For these reasons, I really like IOTA, and I’m looking forward to seeing how it performs in the months and years ahead. If you want to learn more via video courses with my help, and the help of crypto millionaires, bitcoin foundation founders, and various other crypto pioneers who are at the forefront of news, information, and methodologies you’ve got to join the Bitcoin Crypto Mastermind program. We also provide live events, one-on-one consulting, and private communities where knowledgeable experts, and experienced traders interact with each other, share ideas, and keep a level of inclusion that can be found nowhere else. The program will remain open for a select period, so enroll as soon as possible.