 IOTA is the first distributed ledger protocol that goes 'beyond blockchain' through its core invention 'Tangle'. The IOTA Tangle is a Directed Acyclic Graph which has no fees on transactions and no fixed limit on how many transactions can be confirmed per second in the network; instead, the throughput grows in conjunction with activity in the network; i.e., the more activity, the faster the network. Unlike typical blockchain architecture, in IOTA there is no separation of users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization.
author | mglowas |
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permlink | iota-iot-new-cryptocurrency-without-a-blockchain-available-from-today-13th-of-june |
category | iota |
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created | 2017-06-13 16:27:57 |
last_update | 2017-06-13 16:27:57 |
depth | 0 |
children | 0 |
last_payout | 2017-06-20 16:27:57 |
cashout_time | 1969-12-31 23:59:59 |
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body_length | 698 |
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root_title | "IOTA [IOT] NEW CRYPTOCURRENCY WITHOUT A BLOCKCHAIN. AVAILABLE FROM TODAY 13TH OF JUNE!" |
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cryptoaddict | 0 | 2,350,965,830 | 100% | ||
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