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IOTA (MIOTA)

IOTA has seen many of the issues Bitcoin and Ethereum have with the PoW (Proof-of-Work) and PoI (Proof-of-Importance) models and looks to improve them with their revolutionary transaction validation network simply called “Tangle.”

When issuing a transaction in IOTA, you validate 2 previous transactions. This means you no longer outsource validation to miners which requires wasteful amounts of computing power and usually a large stake of coins. These required resources are, in effect, centralizing the currencies which many believe were created to be decentralized in the first place.

With IOTA, the more active a ledger is, the more validation there is. In other words, the more people who use it, the faster it gets. You don’t have to subsidize miners, so there are no fees on transactions. That’s right: zero.

The IOTA team has been actively developing blockchain technology since 2011, and created the IOTA foundation and company in 2016. Since its emergence, the team has been continuously growing, attracting exceptional talent from around the world.

Welcome Daniel Thompson-Yvetot to the IOTA Basis

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Daniel is becoming a member of IOTA as a Senior Architect within the Engineering group. On this function, Daniel will concentrate on hardening...

Trinity Assault Incident Half 1: Abstract and subsequent steps

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Abstract: Trinity is a software program pockets for the IOTA digital asset that has been developed for desktop and cellular working programs. Managed...

Trinity Assault Incident Half 2: Trinity Seed Migration Plan

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Abstract: Trinity is a software program pockets for the IOTA digital asset that has been developed for desktop and cellular working methods. Managed...

Trinity Assault Incident Half 3: Key Learnings & Takeaways

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Abstract: Trinity is a software program pockets for the IOTA digital asset that has been developed for desktop and cellular working methods. Managed...

Half 2 — Utility Improvement

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You probably have learn our earlier article, you now perceive how IOTA know-how can fit your wants and which IOTA constructing blocks can...
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