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Micro payment company SatoshiPay has decided to give up on Bitcoin and Blockchain in favor of supposedly “superior” technology that is faster and cheaper to transact with.
Only three cryptocurrencies are in green as of 08:00 GMT. The carnage is brutal like the Rwanda Massacre some 27 years ago.
A new bear market has seen billions of dollars disappear from crypto markets in 24 hours.
On the early hours of Saturday, IOTA for the internet of things advanced as much as 41.32 percent and moved up one place in the rankings.
As early as 04:30 GMT+2 on Sunday, up to top 34 on CoinMarketCap were all in pimento red bleeding profusely like there has been a knife battle between some savages.
David Sønstebø, Co-founder of the IOTA, on why the crypto world should get prepared to the blockchainless Distributed Ledger Technology.
Litecoin pushed aside IOTA, NEM and Ethereum Classic to become again the number 4 cryptocurrency.
Bitfinex has been undergoing DDOS attack causing disruption on IOTA deposits and withdrawals.
On Tuesday, Bitfinex listed IOTA on its platform, the first distributed ledger protocol that goes beyond blockchain through its core invention Tangle.
The IOTA Tangle is attempting to fix this by addressing many of the shortcomings with today's Blockchain technology by delivering secure, practical and scalable applications.
IOTA that was in BETA testing is now being launched real time.
IOTA token will be available for testing by a limited number of users outside the company starting early February, said its co-founder David Sønstebø.
In today’s digital age, there are many people on the quest towards the Internet of things (IoT). Now, a new micro-transaction crypto-token called IOTA looks to facilitate the architecture involved with IoT.
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