IOTA: A Blockchain-less *GASP* Token for The Internet of Things

IOTA: A Blockchain-less *GASP* Token for The Internet of Things

In today’s digital age, there are many people on the quest towards the Internet of things (IoT). Now, a new micro-transaction crypto-token called IOTA looks to facilitate the architecture involved with IoT. However, while IOTA is a "decentralized cryptocurrency" it operates a little differently than those powered by blockchains. The IOTA protocol runs off of Tangle, which has similar functionality to a blockchain yet acts more like an emulated version giving it more versatility. Tangle’s representation is an acyclic graph, which has an order yet can go in any finite partial order....


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IOTA, a Cryptotoken for the Internet of Things’ Applications

The IOTA cryptotoken powered Tangle ledger to meet the distributed ledger requirements of the IoT industry. Cryptocurrencies, blockchain and the Internet of Things (IoT) are going to be the future. The IOTA tokens combine the goodness of all the three into one. However, unlike Bitcoin and other cryptocurrencies, the IOTA micro-transaction token is based on Tangle ledger specifically designed for the Internet of Things related applications, way back in 2015. According to publications, the IOTA powered Tangle ledger is ideal for machine-to-machine payment transactions, with....

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IOTA, the decentralised Internet of Things tokens, which was till recently in BETA version, is now being launched. IOTA is a micro-transaction crypto-token that will facilitate the architecture involved with IoT. The IOTA protocol runs off of Tangle, which has similar functionality to a blockchain yet acts more like an emulated version, giving it more versatility. CoinTelegraph catches up with David Sønstebø, the co-founder of IOTA, who had earlier talked to us about the technology involved in the token during the BETA launch. CT: When is the full launch happening?....

Quotes

Finney’s bitcoin stash is now funding the cryogenic freezing of his body at a facility in Arizona, all in the hope he might one day be revived if and when ALS is eradicated.

Paul Vigna, The Age of Cryptocurrency