Good Morning! I want to talk about this coin and because I think it's going to be a gamechanger in the world of cryptos.
If we look at history we are always interested in developing ways to exchange goods. First we started with barter, a cow in exchange for 100 kilos of bread, everything seemed perfect until someone thought that he did not want 100 kilos of bread but only 10. Did we change a piece of cow? It did not seem like a good idea.
Then the money was born! Which solved this problem, now you could change the cow for its value in coins, (which were of a material resistant to the passage of time and also were scarce). Now the cow could be exchanged for 100 gold coins and with them buy as much bread as you wanted.
Money was with us for a long time, until major events such as world wars caused many countries to abandon gold in order to be able to print real-money tickets, now the only currency with real support was the dollar, backed by the Federal Reserve of USA, full of gold.
But in 1980 the US president also decided to charge the last gold standard and then for the first time we based our concept of value on nothing, the reputation of the banks was the only thing that supported the coins.
But this had its disadvantages, the first is that money was not finite like gold, could be printed infinitely, so there was a problem of real loss of value, what we know as inflation.
Then there was the problem that the owners of the printing machine were governments, all the power in very few hands, no transaction could be validated without going through a bank.
That is why in 2009, just like to the barter, the solution to money arrives! The Bitcoin and blockchain technology.
Bitcoin was able to develop a decentralized and finite currency, just like gold. However bitcoin and blockchain also have problems.
These are scalability, the notion of transaction fees, and the seemingly unavoidable trend toward centralization.
And here is where IOTA appears, which offers?
This currency is one of the first that offers a totally different technology, to begin with we do not have a blockchain, since there are no miners that make blocks and in which to place transactions. The transactions are confirmed by confirming two previous ones, your transactions will be validated by the tangle, which is roughly the blockchain of IOTA. This means that there is no cost for transactions. because there isnt miners to incentive.
Then there is the issue of scalability, in the blockchain the scalability is limited to the number of transactions that enter by block and the speed that these are undermined. In IOTA there is no concept of blocks, each new transaction that validates two older transactions, so that the bottleneck of the network is network activity. If there are few new incoming transactions, the older transactions will not be validated.
This is currently a problem however this is diluted as the number of users increases, ie IOTA scales naturally over time, while Bitcoin and blockchain in general need modifications in block size or frequency to maintain a reasonable approved transaction time, in addition this limitation also affects the cost of the commissions.
Well this is my post about IOTA. I want to share with you the knowledge of this wonderful coin and discuss it.
Hear more about IOTA here! 
