Future plans for IOTAsteemCreated with Sketch.

in bitcoin •  7 years ago 

IOTA plans for the future are quite interesting, their project is focused on the internet of things, which although it does not seem to cover a lot of market, it is expected that later not only our computers and cell phones are connected to the Internet but also the most of the objects that surround us. Even IOTA developers are also working on hardware to increase the internet connection of things.

The main network was launched in July last year and has been running smoothly. However, it must be taken into account that IOTA is not currently decentralized. There is a special node called "Coordinator" that is run by the IOTA foundation and its main objective is to protect the network until it grows enough to withstand large-scale attacks.

In spite of this, the foundation has said that the Coordinator is a temporary measure and it is expected that later they will guarantee the total decentralization of the project in order to avoid inconveniences in its operation.

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  ·  7 years ago Reveal Comment