Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
olloman
on 07/06/2017, 11:12:18 UTC
Hi, I have 3 questions about this really exiting looking IOTA:

1. How is it possible that a transaction in IOTA will cost nothing?
2. Has IOTA plans to work together with other cryptocurrencies besides Ethereum in the future?
3. What is the maximum number of TPS IOTA can handle? I read that a month or two ago it sucessfully did 137 TPS.

I appreciate any info Smiley

1. To send a transaction you validate two other tx with some easy pow
2. I don't know and I think so far nothing has been said in regard (even though IOTA will have both oracles and smart contracts in the future, which will make Ethereum & co obsolete)
3. Infinite, the network is infinitely scalable, and therefore max TPS are potentially limitless aswell. So far over 800 TPS has been achieved.