P.S. This is just a guide for education purposes. Proceed at your own risk. I won’t be responsible for your loss due to your mistake or the errors due to websites or blockchain. Try small amounts first before proceeding with large transaction to learn the ropes.

Bitcoin brought the revolution in the digital world and now everyone is busy buying cryptocurrencies. However, as per me, most of the people are doing the mistake of comparing these cryptocurrencies with physical currencies such as USD, INR, CAD, YEN etc. They are not same. I have been getting numerous messages asking me which one is the best? Here is what I wanted to say!

Every cryptocurrency has its own purpose and their goal.

IOTA is initially focused on serving as the backbone of the Internet-of-Things (IoT). It is quantum-computing ready, has zero-fee transactions, infinite scalability, fast transactions, secure data transfer and many other.

This will allow machines to pay each other without any human interference. Imagine, your car will pay for toll-taxes automatically. All you will have to do is load the wallet!

However, unlike bitcoin, which is based on blockchain, it has its own tangle system. Hence you can not compare each other. Each has it’s own purpose.