Pros and cons of IOTA

in #cryptocurrency6 years ago

IOTA is not fully new in crypto business. It has established a good reputation in the crypto market. It is not like other cryptocurrency, in shot we can say that IOTA is a centralized crypto. Here we will talk about its pros and cons.


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Pros of IOTA

  • IOTA can perform billions of transaction per second also it is possible for micro transaction.
  • No transaction frees.
  • Energy consumption is very low.

Cons of IOTA

  • It is now a centralized currency.
  • Due to its high capacity transaction it is very much possible to hack a transaction.
  • Due to low amount of transaction, now each transaction takes on average a minuter.

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