IOTA是一種分散式分帳技術，用於記錄和執行聯網（IoT）生態系統中的設備之間的轉換。 IOTA希望成為在設備上交易的執行上的標準。因此，通過使用該平台，用戶可以在人與機器之間交換價值和數據。 IOTA的創始人希望使帳簿成為“無需公共許可的互聯網容許多個設備之間的互相操作”。這代表著它容許連接了設備之間的交易，任何人都可以查閱它。此外，創始人還希望開發一個平台，在該平台上沒有區塊，沒有礦工並且不需要交易費。該平台的創建者希望利用該平台來實現機器之間的經濟關係，同時也彌合人力和機器經濟之間的橋樑。
IOTA 是由謝爾蓋·伊万切格洛（Sergey Ivancheglo）、塞爾吉·波波夫（Serguei Popov）、戴維·桑斯特博（David Sonstebo）和多明克·席納（Domink Schiener）一同創立的。該平台是在2015年10月發佈，該帖子通過在線比特幣論壇發布了代幣出售的帖子。平台的根源實際上可以追溯到Jinn項目。 Jinn項目旨在創建一種低成本，高能效的ternay硬件。此外，該公司開始引入其加密貨幣mIOTA，該貨幣在2016年借助比特幣狂熱的幫助達到了145億美元的最高估值。
IOTA hopes to solve multiple problems that have an impact cryptocurrencies built on standard blockchains. These include problems of centralization of mining, low network speeds, scalability, and increasing number of transactions a blockchain can process.
IOTA can solve these problems since it would not require a backlog of transactions. So on Bitcoin’s blockchain, there is a backlog of transactions because of the small block sizes and difficulty of puzzles that miners need to solve.
To solve the problems that the IOTA team saw with Bitcoin, the team set out to create a new data structure known as Tangle. This system is a way to organize numeric representations in a computer’s memory system. Tangle is a Directed Acyclic Graph (DAG), which is a system of nodes that are not sequential. In this system, everyone plays an equal role. So if a transaction occurs in the network, the issuer must ensure and validate the previous and random transactions. This is done via cryptographic algorithms behind the scenes.
The Benefits of Tangle:
- Highly Scalable
- Low Resource Requirements
- Zero-Fee Transactions
- Fast Transactions
- Optional Quantum Robustness
With the help of Tangle, it allows the platform to achieve micro transactions and speed. Micro transactions refer to transactions that cost fractions of cents. This helps to solve the issue that many Bitcoin users face with high transaction fees. Furthermore, the cool thing about IOTA is that with more people using the platform, it will allow the transactions to be faster. This alleviates the issue that many cryptocurrencies face with long transaction times.
Let’s dive into some real-world applications where that currently use IOTA:
Ruuvio is an advance open-source sensor and beacon platform. The platform has many security and logistic uses. The monitoring of environmental and cold chains are the most notable of the platform. These monitorings are extremely crucial to the monitoring of a product’s temperature or even its whereabouts. So you can think of this as fresh produce like delivering milk and needing to stay within a certain temperature for it to stay fresh. The technology is waterproof and can last up to several years. With the help of IOTA’s technology, it can help encrypt and mask the data that the product receives. Furthermore, this helps create many use cases for ruuvio’s technology in the future making definitely something to look out for.
As you can see, IOTA technology is quite adaptable and can use i in a wide range of industries. It will be interesting to see the continuous development of the platform.
IOTA 與 BTC
IOTA can be seen as an upgrade of the Bitcoin platform. The founders of the IOTA platform began with the hopes of creating a more decentralized and faster platform. However, IOTA doesn’t live up to the hype and the promises that they claim, it certainly does have a lot of space for improvement. However, as of right now, Bitcoin still remains the de facto standard for cryptocurrencies and will still remain in its place in the crypto space.
mIOTA is the native cryptocurrency to IOTA’s network. The founding of mIOTA dates back in 2015 when raising $500,000 via a crowdfund. The currency is used to calculate transactions in the network. Unlike Bitcoin, they pre mine mIOTA, and the consensus of the transactions occurs differently in comparison to the Blockchain. The company envisions the token will create fairly with no locked tokens, no early corporate investors, and no tokens given to its founders. The IOTA Foundation behind the mIOTA token is a non-profit organization. So they hope that this feature gives the token more trust and value and further envisions the creation of an open-source protocol for the world. Furthermore as mentioned before, there are no miners or stakers in this system. Above all this allows data to be transacted without any fees which is a feature that few digital assets can achieve.
Like many other cryptocurrencies, IOTA can be bought via large exchanges. The currency can also be bought via OTC portals. So if you have an interest in purchasing mIOTA, let us know!
You can store mIOTA by generating a strong seed. Once they generate a strong seed, they can save that information on cold or hard storage. Check out this article by IOTA to ensure the safety of your mIOTA. https://blog.iota.org/the-secret-to-security-is-secrecy-d32b5b7f25ef
While IOTA doesn’t currently live up to the hype that we wish for, it definitely reinforces the innovative nature of the crypto industry. The IOTA platform still has many areas of improvement. However, the technology is definitely something to use in the future among other industries. So IOTA proves that the crypto industry as a whole is moving on the right track.
Bitcoin Rallies Towards 12k! Last week I had a prediction that it was too early for whales to squeeze the LONGs. I was wrong, and