IOTA is a cryptocurrency which was designed in 2016 for the Internet of Things. The IOTA is more like a concept than a technology which aims to extend the internet network and therefore the exchange of data between objects in the real world. IOTA does not use blockchain technology but Tangle , called DAG for a Decentralized Acyclic Graph. The main advantage of Tangle is that the transaction speed on the network increases as the number of users increases. IOTA is a cryptography technology focused on facilitating transactions between devices connected to the Internet of Things both for micro payments and exchange between objects.
This data was last updated 2020-10-22 04:57:50 UTC