Post
Topic
Board Altcoin Discussion
Re: IOTA Blockchain of China??
by
synthlock
on 14/01/2018, 22:36:05 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.


Yep. If, of course, more cryptographic vulnerabilities aren't discovered with either their tangle implementation or hash function.