IOTA joins the cryptocurrency billion dollar club, Bitshares about to be the next member
A lot of people right now must be wondering “What is IOTA?” The answer isn’t as simple as one might think, but essentially IOTA is a cryptocurrency using a technology called Tangle, instead of blockchain technology.
Essentially, it allow for feeless transactions, as users verify transactions by performing a low difficulty proof-of-work (PoW). Scalability, security, and confirmation times aren’t a problem for Tangle, as its feature make it better when more users adopt it.
The cryptocurrency recently surged to the billion dollar club, having a $1.5 billion market cap. According to some users it’s been in development for over 1.5 years, but was only now ready for mainstream adoption.
Bitshares, our esteemed cryptocurrency, is also about to join the billion dollar club, as it’s market cap is currently at $878.39 million, with each token being worth $0.33. Meanwhile, Ethereum Classic (ETC) surged to #5 in the top crypto’s list, as its Twitter account recently pointed out that ICOs are coming to Ethereum Classic.
Keep in mind, ICOs are part of the reason why Ethereum is almost overtaking Bitcoin as the #1 cryptocurrency.
Bitshares is easily the most undervalued crypto in the world. It is profitable and buying back shares. It is profitable because people are actually using it do useful things, like trade on the DEX. Bitshares transaction volume is one of the highest in crypto - yes, much higher than both Ripple and Ether. Not sure when the world is going to realize how valuable BTS are, but when they do BTS are going to $10+ real quick.
Thanks, following you
My question is: is IOTA decentralised?
Seems like not. They are advertising it as a "bitcoin and blockchain killer".
Then it's a no go for me..I know the "sitting elite" wants it, but it's time for a fresh wind.
Don't think so too. They got to 1.5 billion aftet the ICO, so I guess some big players are dominating it