Post
Topic
Board Altcoin Discussion
Re: IOTA Blockchain of China??
by
jjbanks994
on 14/01/2018, 22:29:40 UTC
Why every successful idea needs to be copied by Chinese?? Chinese ETH, bitcoin, now Iota. Why we need this copy of a copy and all those forks??

ITC is not a copy of IOTA.

ITC will use its own Blockchain, not the Tangle. Furthermore, ITC and IOTA have completely different aims. While IOTA seeks to facilitate microtransactions within the Internet of Things, ITC is geared towards improving security within the Internet of Things. Rather than being a copy of IOTA, or even a competitor of IOTA, ITC can work alongside IOTA.
They are really slow with their updates, if they fix that then people would reconsider. I think that the price of IOTA can get to $20.00.


I don't think they're slow with their updates...they posted one like yesterday lol. https://medium.com/@IoT_Chain/itc-project-progress-update-2018-1-6-2018-1-12-dbb8d6e0db49

Overall a very good project that deserves the attention. I'm sure that will be the case in the upcoming weeks.