One of the leading developers in the blockchain industry praises the IOTA Foundation project.

In an interview, Buterin said:

IOTA's concepts on challenges such as scalability, self-administration (DAO) and digital identities are examples of how future issues in the crypto industry can be addressed.

Of course he also criticized that the coordinator has not yet been removed.But considering Tesla promised the new Roadstar for 2017 in 2014 and it's still not in production even though it's just a car, we can forgive it. After all, IOTA is a completely new technology and not the extension of a dead end, as is often the case in many blockchain projects, where only the memory per block or the speed of completion of a block are increased by better values to let look, in which case the security is again somewhat neglected.

But ultimately, these blockchain projects remain a dead end with limited capacity for certain applications, while IOTA's Tangle technology strives for limitless scalability without transaction costs. Everything else would also be pointless when it comes to microtransactions in M2M (machine to machine) of the IOT. A transaction whose fees are a multiple of the transaction amount simply makes no sense. However, transactions in the fractional range of a cent are realistic in the M2M area. And it is precisely for this extremely large market that IOTA is being developed. Partners like Dell, Intel, Bosch, Jaguar, Audi do not work together with the IOTA Foundation without reason.