While they have enabled global commerce and financial transactions, they also suffer from numerous flaws and limitations that can have serious consequences. The current payment landscape is dominated by traditional payment systems such as credit cards, bank transfers, and payment processors like PayPal. To effectively invest in Bitcoin, you must consider knowing about the Top 4 Risks and Challenges of Using Bitcoin for Business Loans. In this article, we explore the potential of IOTA and its implications for the future of payments. I stopped following the project after witnessing the ongoing issues between founders and the suboptimal communication styles from the team and then eventual complete restructuring of what appears now to be quite a complex consensus mechanism which, as I understand it, is not yet implemented.With zero fees, fast confirmation, and scalability, IOTA has the potential to disrupt traditional payment systems and offer a more efficient, secure, and decentralized alternative. If it weren’t for them it may have taken a lot longer before people realised and the project did anything about it. When the team relented (after significant pressure), admitting that it wasn’t secure without the coordinator the entire consensus model and security of the project had to be conceived from scratch. Sarah and Eric Wall challenged several assumptions people (including me) had about the project, namely whether it could be secure without the coordinator. Has it ever had a decentralised consensus mechanism? I used to follow the project, even running a node at some point to understand it. I was researching platforms for a secure, decentralised data repository and looked into IOTA. We should welcome all serious projects which, with their flaws and problems, are working hard to bring value to the market but sadly is yet much easier to wear a red t-shirt and take part in the football-like chores. Nevertheless detractors keep pushing the usual 3/4 narratives not understanding the more failures, the more drama, the more scams, the more maximalism, the more the CCs market is prone to delays in acquiring is space in our world. It is fact ST microelectronics built the first implementations of a chip for iota interoperability and more. It is also a fact they got grants from EU and have more than 100 people working for the foundation, plus the community. It is also a fact they are working with OMG to make the protocol a standard. That said, it is a very clear fact iota had many problems on the initial implementation but they are trying to address them and that can be verified on the various GitHub repositories. Please have a look at the exchanges she had with Husqy this summer. She has been answered many times as much as she was asked to have a civil conversation out of Twitter. Although some community members had shit behaviours against her, she likes to play the victim role as much as she likes to put vetriol in her tweets. Especially through Twitter drama and sensationalistic tweets. She is probably a very good expert but she tends to be very emotional and to promote herself more than she really is. I work for a big international business, we have line managers with 10+ people under them. r/CryptoCurrencyMemes r/CryptoCurrency_Tech r/CryptoMarkets r/CryptoRecruiting r/Best_of_Crypto r/BitcoinMarkets r/BitcoinMining r/CryptoTrade r/Ethfinance r/EthTrader r/Jobs4Crypto r/Liberland r/NFT r/OpenBazaar r/GPUminingĮxecutive director of what? In their about page there are 8 members listed, 6 of which are directors. Mastering Ethereum (Open Source book) Exchanges IBM's ZeroToBlockchain (Free learning resources) See our Expanded Rules page for more detailsĬoinMarketCap (Cryptocurrency market cap info)ġ0k.pizza (Portfolio tracking.See our Expanded Rules page for more details about this rule.This includes "PM for referral", asking for referral codes or links, and linking to sites used solely for referral links. Rule #2.10 - Posting referral, promo links, or codes of any kind is strictly prohibited and will be met with a long-term or permanent ban.See our Expanded Rules wiki page for more details about this rule.If you meet our requirements and want custom flair, click here. Please make quality contributions and follow the rules for posting. This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. Be nice to each other! r/CryptoCurrency is a welcoming place for all people and all cryptocurrencies.
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