/biz/ - Business & Finance

>>28400639
Cope

>>28329275

>>28174523
More like emergency meeting.
https://blog.iota.org/introducing-iota-oracles/

true meme now

why is IOTA not above $1 yet?

it is superior in every aspect and has huge industry adoption.

are not your frend

BIG IF TRUE

Iota for DeFi:

Iota is often connected towards the multi-trillion m2m economy of the Internet of things. However its characteristics make it ideal for DeFi use cases as well.

Colored coins: Q4 brings colored coins onto the tangle, iota's version of erc20 tokens (big difference here, tokens can't be created out of thin air but iota tokens need to be recolored/pegged to an asset).

Colored tokens enable:
- a tangle version of stablecoins/ pegged fiat. It will be easy to peg a usd or eur to one iota token and therefore enable digital fiat. That in combination with iota's zero transaction fees makes it the ideal network for p2p transactions across the world. Bye bye xrp. Bringin reusable addresses in Q4 will also allow for a more standard account/wallet approach where businesses and individuals can use iota addresses for recurring transactions.
- proof of ownership: similar to currencies, everything can be pegged to a colored iota token, stocks, property, art, virtually anything. Just imagine a decentralised fractional stock exchange on the tangle. Own the colored token and you own the underlying asset.

1/2

Here's the link to their mainnet tangle explorer. It currentry vaires somewhere in the double digit range simply because there is not more transacrions being sent over the newwork. It can easily process +1,000 ctps at 100% comfirmation rate in less than 10sec at this stage though. There will be a spam event soon, where you can see the full performance with peak ctps. I'll share the details in another thread once a date and time has been set for the event to take place. 4chan is invited to oversee or try to break the network at any time.

There's still time to put your link profits to work for another x10 by eoy