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IOTA Thread (First Non-Blockchain Coin)
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IOTA Thread (First Non-Blockchain Coin)

Quote: (10-20-2017 10:04 AM)Genghis Khan Wrote:  

Generally curious: what exactly are the use cases that blockchain coins cannot do? I'm still a bit fuzzy on what exactly the benefits are of a tangle over a blockchain and how that translates into real-world use cases.


Well, it's simple. Blockchain doesn't scale. So everything that does require more than a couple tx/s can't be done. Furthermore everything regarding micropayments can't be done with blockchain because of fees.

https://satoshipay.io/ for example will enable those micropayments.


Furthermore the Tangle can be used separatley from the IOTA tokens to store data. You can upload data fee-less into the network and it will be securely stored. You are "paying" with a small amount of PoW. The automotive industry is exploring this feature currently. Namely Bosch & Volkswagen.

https://www.reddit.com/r/Iota/comments/7...big_thing/
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