This Feeless Crypto Currency Could Change Everything
Forget Bitcoin, Eth, sol, and others
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Today, the CRIPTOCURRENCY market is filled with numerous projects. We don't know how future proof these are?
What if I tell you that there is a crypto project that many of us don't know about.
Iota is one of the only cryptocurrency in the market that provides features and have capabilities that many other projects are struggling with that in the current time.
The network was founded in the year 2015 by only few members. Now it already have lots of developers / members who are working continuously in the project.
The first and the most important advantage of using this network is that you don't have to pay any feeCurrently, as of 2024, the iota network is not decentralised and the team is working towards making it a decentralised network as soon as possible. Once everything goes fine, iota could become unstoppable, that's IOTA 2.0.
Anyways, always do your research before investing in any project. s to move your iota coins or other native assets of the iota network, Zero fees.
Currently, the network as of April, 2024. The team has launched soft version of iota EVM in the market and within few months we can see live iota EVM within the ecosystem
Micro transactions and micro payments are another advantages of iota. The miota coins can be moved anywhere even in the smaller value.
I don't know about other peoples how they are still using other altcoins and paying fees for every transaction. If I am correct, just in April 2024, people are already paying $100+ to move there Bitcoins.
Even if you look towards other crypto project, utilisation of network= pay tx fees. This means, you can't escape from paying gas fee.
Micro transactions, Parallel transactions, 0 gas fee, mana rewards, iota EVM, quantum proof, etc are some speciality of the iota.
Currently, as of 2024, the iota network is not decentralised and the team is working towards making it a decentralised network as soon as possible. Once everything goes fine, iota could become unstoppable, that's IOTA 2.0.
After the iota EVM launch, we can see native assets and the whole defi system build on top of iota. Just like ethereum and other major players in the crypto tech world.
When ethereum first launched, only few knew about what impact and technological advancements eth comes with and it succeeded in its goal. This is, one of the perfect example. However, iota will also be capable of these types of functionalities and so on.
The future for #IOTA is soo bright:
Short term:
✅ L2 EVM (x10 utility)
✅ RWA deploying on chain (real world adoption)
✅ New exchanges incoming (more liquidity)
✅ The final of the EU blockchain tender (real world adoption)
✅ IOTA Grants Programme (more builders)
✅ Singapore Accelerator Programme (more builders)
✅ New Elites dropping (blue chip NFT incoming)
Long term:
✅TLIP- IOTA leading the way on Tradetech (real world adoption)
✅UAE Partnership grows (real world adoption and access to the premier web3 hub)
✅ IOTA 2.0 (decentralisation)
✅ Bloom wallet on ramps and upgrades (greater user experience).
Anyways, always do your research before investing in any projec
Above are some technical features explained by iotapoat twitter (source). We can see new features and functionalities that were just hopes before. By the way, if we compare it with other altcoins project's developments, iota's capabilities surely amaze you.
Crypto adoption is gaining traction everyday, I don't think these are very useful. But still we can go with flow. Crypto assets are useful for some reasons. We can see major adoption in near future if everything goes as it is. In the other hand, crypto market is also full of uselessness, scams and frauds. t
Comments (1)
This is very interesting! Well written!