IOTA Token - The new 'hot' thing in Crypto?

in #crypto-news8 years ago

IOTA Token is the first Tangle based blockchainless currenty for M2M payments. Will it deliver at launch?

WIth a solid development team, $500k in funds raised a few months ago and a brand new algorithm and 'blockchainless' delivery method of microtransactions, will IOTA deliver on it's promise?

Links:
Website - http://www.iotatoken.com
Announcement thread - https://bitcointalk.org/index.php?topic=1216479.0;all
Speculation/Market - https://bitcointalk.org/index.php?topic=1440112.msg14568753#msg14568753

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Iota only use algorithms that are quantum resistant. This includes not only cryptographic but also ones used for consensus achievement.

man... I wish I new enough about cryptography to dig into that claim...

Anyone have a TL;DR on what makes a "tangle" different than a blockchain exactly? Not sure when I'll have the time to sift through another whitepaper ;)

Yeah, I have and it's pretty damn complicated too. Makes Bitcoin's original whitepaper seem like a coloring book. :)

lol looked that way when I skimmed parts of it

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