IOTA

in #iota6 years ago

The rise and success of Bitcoin over the years has proven that blockchain technology is a viable and real value. Nevertheless, we see that this technology has a number of problems that prevent it from being used as a comprehensive platform for cryptographic services around the world. These problems include; the issue of transaction fees for each transaction made at any given amount is a considerable problem.
IOTA, a crypto money specially designed for the internet of objects; It offers an innovative and promising approach that does not involve blockchain technology, all these problems we are talking about at the same time.

The main innovation behind IOTA is called Tangle; scalable, goal-oriented and revolutionary distributed non-blocking identity. This innovation allows assets to be transferred without any transaction fee. Thus, it becomes possible to operate in very small quantities. Instead of the global blockchain, this direct method called Tangle is used.

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One of the main advantages of IOTA is that there are no transaction costs, because every device mines its own transaction. this may be a great door opener to the industry and may help mass adoption.

Yes bro 😊

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