bad idea to come in here guns blazing ... what usually works very well on the Internet as a newcomer to any site is to lurk a little. get a feel for the vibe and the people, then decide if you fit-in and comment.
As for the technical meaning of IOTA.. Well, it seems interesting. IIRC, they're doing some sort of DAG so blockchain based slowdowns don't occur. But they're doing really funny stuff with trinary math and rolling their own crypto. Usually not a good sign in the least. Makes me hesitant in trusting anything about this, at least until people smarter than I confirm they did mathematically correct operations. Still, using trinary makes most algorithmic tools just not work...
People seem to just see the FUD Articles and think right away "Oh yea, MIT, must be true", without even thinking about checking the sources.
If the old members here don't want to read the other side, okay, but newcomers should not get dragged in this vortex of misinformations.
Seriously people, read all information and you will see very fast that 99% of all posted Anti-IOTA articles are biased nonsense.
You're an anonymous troll with 0 karma[1] that has only just signed up to "correct/convert" people. Please, just go away. Thanks.