Review of IOTW. One of the most promising ICOs of the moment. They bring blockchain for Internet of Things to a whole new level. IOTW is so unique for several reasons: they have a unique consensus algorithm called “proof of assignment”, combined with their micro-mining this is something we didn’t see yet in the space. This is extremely fast, scalable, and energy efficient. IOTW aims to potentially reach up to 1 million transactions per second. Another unique feature is their patented DPS chip. This little chip is way cheaper en energy efficient than other chips currently on the market. IOTW hopes to convince manufacturers this way to install the chips in all their electronic equipment, that way they are able to join the IOTW network and connect millions of electronic devices that mine for you and exchange data in a fast and secure way.

IOTW is in my own opinion very promising, their MVP and proof of concept looks good!

This is simply my own opinion. I’m NOT a financial advisor.

———————————————————————————————————————————————————–

Follow me on Twitter:

Follow me on Facebook:
https://www.facebook.com/YoungAndInvesting1

Follow me on Steemit:
https://steemit.com/@younginvesting

Cryptocurrency investing Facebook group: https://www.facebook.com/groups/480785485606417

———————————————————————————————————————————————————–

Register on Binance: https://www.binance.com/?ref=10813220

———————————————————————————————————————————————————–

If you’re feeling generous, donate to me here:

Bitcoin: 3ENm2XRVACaaEEwRqMZNYt9Zf1K1yWicUX
Ethereum (& ERC 20 tokens): 0x8cb2838f3F5e43FCCeEF696D3570D3762968F118
Ripple: rDsbeomae4FXwgQTJp9Rs64Qg9vDiTCdBv
Litecoin: MB9Z1bZHf72qNa3439nDoEcdHdUWMAshbq
Dash: XrucvJa2F3GLfqn3h8MQPww16i9rHN5Lae
NEO: APPViiDBuQn8NcKqgzX31jQ2ySaP2kW47L

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here