IOTA Explained Simple (2018)

in #iota • 6 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.

#cryptocurrency #crypto #steemit #steem
6 years ago in #iota by
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