Well, we might have read two different papers, but in the one I read they didn’t say why the use base-3, I had to google to discover this. Btw, certain operations are faster in base-2, hence it seems logical to conclude that operations will be faster in base-3, if the computer it runs on is optimised for it. So, if it was optimised for base-16 it should run faster in base-16 too (and base-2 due to some similarities)
As far as I can remember, they mention that there might be different valid tangles in contrast to BTC, where there is only one valid chain. For this there is no single authority needed. The other part mentioned in the paper is trimming down the dangle, but this could happen wia community consenus, just like BTC optimisation.
Finally I think cryptos need PoW currencies or the tanble in order to reduce CO2 footprint
I’m still glad I invested in iota when it was at .4cent
@501st: Scroll up, I was one of those But I still believe BTC is due for a correction. Remember, on Decembre 18th it will be possible to short sell BTC and if you visit coinmarketcap you’ll see that the BTC “drop” to 9.5k was due to a lot of money being pulled out (40 billion I think). This might have been a test on market influence.
@bsodmike I think GDAX (or coinbase) works outside of the states as well. My personal thought on buying 1k worth of BTC is to wait and see what happens when (rich) people start to short-sell BTC. But this is YOUR decision, not mine, nor anyone else’s on this forum. (That being said holding till 2018 will probably (==imho) yield profit) If you do want to invest, read up on BTC. I wouldn’t recommend talking to an account though, since “asking a banker what he thinks of bitcoin is like asking a vampire what he thinks of sunlight” (read it somewhere on reddit). Banks are adamant against BTC and their information is often plainly wrong, at least where I’m from.
@Venom415 The same as above, read up on the subject. But don’t be scared of BTC because of its price. Dogecoin is pretty cheap, but I wouldn’t recommend investing in it. (However, if you do personally feel the need, then go ahead). I also suspect LTC won’t be the best performing crypto of 2018, but it is easy to buy (as are BTC and ETH). LTC just doesn’t compete with BTC right now and is even under 1.000.000 satoshi right now and wasen’t able to recover in the recent and still going bull-run.