IOTA (MIOTA) is one of a kind cryptocurrency. While the rest of...



IOTA (MIOTA) is one of a kind cryptocurrency. While the rest of cryptocurrencies have their own blockchains or use other popular blockchains, IOTA (MIOTA) does not run on a blockchain nor does it require one. This is made possible by mathematics. IOTA (MIOTA) has come a long way without using any blockchain but there are still many doubts as to whether or not it can foray into the world of IOT (Internet of Things) without the use of a blockchain.

The debate has surfaced once again now that IOTA (MIOTA) has another contender in the world of IOT which seems to have achieved a lot more than IOTA (MIOTA) but still ranks below it in terms of market cap and probably does not have enough resources yet to fully challenge IOTA (MIOTA)’s existence. That contender is Ethereum Classic (ETC) which despite being a cryptocurrency with fewer resources and users has managed to achieve more in the world of IOT than IOTA (MIOTA) has so far.

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