IOTA Explained Simple (2018)

in iota •  7 years ago 

IOTA is an open-source distributed ledger, also known as a cryptocurrency, and its aim is to facilitate secure payments and communications between devices that are a part of the Internet of Things or IoT. Instead of using the blockchain technology as Bitcoin does, IOTA uses a directed acyclic graph and also allows users to transact without any fees, unlike most of other cryptocurrencies.

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7 years ago by

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