Given the rise of smart contracting, futurists are optimistic. With millions supporting research and development, analysts are churning out papers confirming the power of blockchains. Therefore, it is so easy to see why blockchain dominates headlines. It is disruptive despite inherent technical challenges.





All the same, the creators of IOTA took a different route. By introducing a blockless system that is by default scalable, they plan to take over the IoT sector. Estimated to reach billions of dollars in coming years, the IOTA Foundation is readying for this bright future. However, there are outstanding hitches.





Top of the list is the issue of centralization. With a white paper detailing the removal of the Coordinator, the prospects of IOTA as an investment is attractive for enterprising investors. However, there is more. The IOTA Foundation is lining up for a new algorithm that will drastically improve the network’s performance.





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