iota - Explained in Simple Langugae

IOTA is a revolutionary new, next generation public distributed ledger that utilizes a new invention, called a “Tangle”, at its core.
The Tangle is a new data structure based on a Directed Acyclic Graph.
As such it has no Blocks, no Chain and also no Miners.
Because of this radical new architecture, things in IOTA work quite differently compared to other Blockchains

The major difference that is worth mentioning is how IOTA achieves consensus and how transactions are made. As mentioned previously, there are no miners. What this means is that each participant in the network that wants to make a transaction has to actively participate in the consensus of the network by approving 2 past transactions. This attestation on the validity of two past transactions ensures that the whole network achieves consensus on the current state of approved transactions, and it enables variety of unique features that are only seen in IOTA.

IOTA is the missing puzzle piece for the Machine Economy to fully emerge and reach its desired potential. We envision IOTA to be the public, permissionless backbone for the Internet of Things that enables true interoperability between all devices.

IOTA has a range of features that are uniquely enabled due to its architecture:

Scalability: IOTA can achieve high transaction throughput thanks to parallelized validation of transactions with no limit as to the number of transactions that can be confirmed in a certain interval

No Transaction Fees: IOTA has no transaction fees.

Decentralization: IOTA has no miners. Every participant in the network that is making a transaction, actively participates in the consensus. As such, IOTA is more decentralized than any Blockchain.

Quantum-immunity: IOTA utilized a newly designed trinary hash function called Curl, which is quantum immune (Winternitz signatures) . Which means they are immune to computational attacks

The Future of IOTA

Since they had teamed up with Microsoft and Samsung and Cisco, the future is safe. A great movement in its price is a
symbol of this. They are currently in talks with many big giants in online world.

BUY OR NO

Yes , You can buy and hold atleast 5-10 of your total crypto currency asset. At the price now (< 5 $ ). its a safe buy.
If this goes big, it can be a great part of crypto currency market

WHERE TO BUY

Right now you can buy it from BITFINEX.COM and BINANCE.COM
Because of the sudden increase in price, most of these sites are slow and is difficult to make an account now.
At this point what you can do , talk with a friend (someone whom you trust blindly) who already has an acoount with them and ask him to buy some coins for u and u pay them in bitcoins and ask him to hold it untill you create a wallet of your own.

2018 is going to bring a great change in economy and it will make a lot of billionaires. If You are into crypto , you are going to be rich , Very Rich.