Iota is a rather new Cryptocurrency that was released in May this year, and it showed tremendous effort in possibly replacing Bitcoin.
It is very similar to Bitcoin, but instead using a blockchain technology, it uses something that is called “Tangle”. Tangle seems to be more efficient than any other blockchain technology and offered many solutions that Bitcoin doesn’t.
Right now, IOTA is one of the hottest coins in the world, and probably the best one if you want to invest or buy one, maybe right now is a good idea.
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IOTA is decentralized just like bitcoin. That is a good climate for a currency like IOTA because ethereum also has reached a very high price per coin so investors will most likely buy IOTA coin because of its cheaper price. All this said the prediction for IOTA in 2018 is pretty high and the future looks good for investors who are looking to make a profit.
IOTA is better at some things compared to Litecoin and Bitcoin but most remarkable is that it is very easily integrated into all programming languages. IOTA is created so it can work with all of the programming languages. All the other companies such as Bitcoin or Litecoin need to remake their system so they can work with all the other programming languages.
Also, IOTA transactions are differently verified. Iota is verified when you make transactions yourself and for each and every one transaction you make, two that are behind the first one are verified with your own electricity.
Of course, this is only a brief expose of what these three cryptocurrencies can or can’t offer, and in which one you decide to invest in, you should always double check every information and do a more detailed reading.
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