Suari software
legal representative: Li Changyong
time of establishment: August 18, 2017
registered capital: RMB 20 million
Instrial and commercial registration number: 510106000795776
enterprise type: limited liability company (solely owned by natural person)
address: No. 1401, building 1, 99 Zhenxing Road, Jinniu high tech Instrial Park, Cheng
in November, the market value of iota soared more than 8 times, leaping to the top four in the digital currency list, successfully beating the old digital currency reborn. Iota mainly serves the Internet of things, and the point of speculation is also the Internet of things, and the Internet of things is also a popular concept in the past two years, so it is reasonable for the price of iota to soar. However, as an old digital currency, etc has begun to test the Internet of things as a breakthrough. So, as the two giants in the field of Internet of things, who can stand out in the future competition? Let's make a simple comparison
etc is the built-in encrypted digital currency of the original Ethereum chain, and the system has been running stably for a long time. Its core development team is composed of technical experts with rich experience in blockchain development. The decision-making and implementation of its technical scheme are democratic and scientific. The technology used by iota is similar to lightning network and lightning network. Lightning network technology itself is a more avant-garde technology. bitcoin core development group first proposed to use lightning network technology to solve the problem of bitcoin expansion, but it has only stayed in the theoretical stage and has not been put into practice. The community generally believes that this technology is lack of practical test and its stability needs to be tested
The cryptography theory and principle used byetc has been widely used in other IT fields and has been verified and optimized for a long time. It is a mature, safe, reliable and efficient information technology. Iota uses balanced ternary (numerical system represented by three digits) on binary hardware devices, which leads to the design of the system is too complex and the computational efficiency is reced. Another serious problem of this design is that the cryptographic hash algorithm must be redesigned, which brings serious security risks. In short, this technology is still in the theoretical stage, too avant-garde, does not have the value of practical application
the issuance of etc is completely decentralized, the currency price is not easy to be manipulated, and the new monetary policy will be implemented soon, which will guarantee the upper limit of the issuance of etc from the system and make it a compact digital currency, so as to ensure its value storage attribute. Iota is an ICO project in 2014, which has always been neither hot nor hot. A large number of iota tokens are in the hands of a few people, and the price is easy to be manipulated, which is one of the reasons why the price has increased eight times in less than a month. This trend of centralization is very disadvantageous to the long-term development of the community. Iota does not need to mine, there is no transaction fee, each participant provides computing power for the network, and there is no corresponding incentive measures, which is extremely unfavorable to the stability of iota network
iota uses tangle technology, which is not a real blockchain, but just to solve the problem of blockchain expansion. Blockchain is just a cover for iota. Therefore, iota as a technology can be used in the Internet of things, but it can not be used as a digital currency
compared with iota's blind pursuit of new technology, new concept and new theory, etc is more keen on mature and stable technology and continuous innovation under the premise of safety and stability. The Internet of things is also one of the biggest application scenarios of etc. The etc development team has started to develop the Internet of things friendly virtual machine, making it universal, independent and efficient
in addition, in order to make better use of IOT applications, etc community has reached a consensus and made a development plan of cross chain operation function. In view of the increasing transaction data in the field of Internet of things, the fragmentation technology and side chain technology are designed to ensure the security and improve the efficiency. The goal of etcdev team is to make etc blockchain a stable and easy-to-use technology. It's better to slow down the development progress than to do some rash experiments to prevent irretrievable errors from causing users' losses in the future
In a word, etc is more like a stable and easy-to-use technology, while iota is more like a rash experiment. The most important thing for large-scale application of technology is to be stable and easy to use, rather than blindly pursuing new concepts and technologies. Therefore, etc has the incomparable universality of iota, and has stronger application support ability in the field of Internet of thingsit is a function to generate random numbers between 0 〈 x 〈 1.