What Makes IOTA (MIOTA) the Best Crypto to Outsmart Bitcoin (BTC)

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Bitcoin (BTC) has a strong hold on the crypto market, with a supremacy of over 40%. The big bull pushes the rest of the market, as any drop in the value of the coin leads the others to drop. This has created a situation whereby other good platforms have remained stagnate in value. A question that seems to linger lately is what crypto which could be the best to break away from or dethrone Bitcoin (BTC)? Many have conceded Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) and sometimes Litecoin (LTC). The likes of Stellar (XLM) and Verge (XVG), cannot be left out. New prediction put IOTA (MIOTA) in the spotlight as it is seen to have the potentials to stand as a top contender to beat Bitcoin (BTC).

Some may see this as a surprise but what if it isn't a bluff and IOTA (MIOTA) really has the potential to dethrone the "KING"?  Better yet, what gives IOTA (MIOTA) the urge to challenge the bull for his position? 

What Is IOTA (MIOTA)?

IOTA (MIOTA) stands for Internet of Things Application, and it's a new crypto technology that facilitates transactions between devices on the Internet of Things (IoT). IOTA (MIOTA) addresses the transaction fees and scalability issues of blockchain technologies by getting rid of the block and chain. Instead, in order to submit a transaction to the IOTA ledger, you must verify two other previous transactions. IOTA's vision is to be a platform for machine-to-machine (M2M) transactions. For the coin to be useful, devices in the network share and allocate resources efficiently. Also, IOTA (MIOTA) has free transactions just like some other cryptos and all one needs is to purchase more electricity, bandwidth, storage, or data.

Factors That Give IOTA (MIOTA) An Upper Hand

1. Quantum Resistance

Bitcoin (BTC) and blockchain technology are vulnerable to a quantum attack, making the technology pretty much useless. While such a computer as quantum may not be in existence as at the moment, it won't be long for their arrival in the market. NSA has been working on a quantum computer as far back as in the early 2010s according to Snowden files. This clears any doubts that quantum computers might take too long, rather they should be expected soon, probably by the 2020s. In fact, some rumors claim it already exists in the markets.

IOTA (MIOTA) will have a major hit when corporations begin to seek decentralized infrastructure that is quantum resistant to invest in. IOTA (MIOTA) runs on tangle technology, a technology that is scientifically proven to be quantum resistant. Once the idea of quantum vulnerability of blockchain technology takes root, money will flow into IOTA (MIOTA) and it could turn the crypto market upside down and put IOTA (MIOTA) at the top.

2. IOTA (MIOTA) Capabilities That Beat Other Platforms:

IOTA (MIOTA) beats other cryptos as many of them sell themselves as having low transaction fees but IOTA (MIOTA) stays feeless during the transaction. Others also use scalability as their marketing key point but IOTA (MIOTA) outsmarts them all as it is infinitely scalable. To better explain, IOTA (MIOTA) can work better as a currency than almost all blockchain projects in the market today. It beats platform blockchains with its project Qubic that is now giving it smart contracts capabilities. The big bull, Bitcoin (BTC) is likewise also beaten in terms of key strengths. This alone explains the potential IOTA (MIOTA) has when it proposes a die-hard fight against the bull at the appropriate time.

Conclusion

IOTA (MIOTA) is another next-generation crypto, one that solves today's problems as well as those that will arise in the future, such as quantum hacking. It won't take long before the market appreciates IOTA's qualities and developments, and this will aid in outpacing Bitcoin (BTC) in market cap. It could also be the next Bitcoin (BTC), but that shouldn't be the final judgment. Anything is possible in the cryptocurrency world and no coin can be downplayed just yet.

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Disclosure:

I have received no additional compensation other than the Ethereum that Hade Technologies pays to produce Exclusive Content


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