- Faster transaction
- No fees even on micro transaction
Fees and Transactions
IOTA is in it’s own bracket with quick transactions and no fees. This is a good start to any currency, one problem I can see with no fees is a chance of hacking due to low verification input. But there could be a work around so it is not a bad factor at this stage.
Speed
IOTA claims that as there coin grows they will be able to handle the load with ease. Other coins like bitcoin have been bogged down with too many transaction, that can take over 30 min.
Company Message
(iota.org)The main innovation behind IOTA is the Tangle, a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value without any fees.