Tangle will be completely different, there will be no more “Blocks”, no more “Chain” and no more “Miners”. The biggest difference between IOTA and coins like Bitcoin or Ethereum is that there is no division between users and miners. For IOTA, the user will be the miner, and the miner is also the user. IOTA develops according to Blockchain technology but the method of operation is different, by changing the entire algorithm of the “ledger” with another algorithm called “ Tangle ”. It is a distributed ledger based on DAG ( Directed Acyclic Graph ). You can call it “Blockchain without Blocks and Chain”.
Referring to IOTA, the special feature of the project is its technology. This is a coin that does not use Blockchain technology , IOTA is built on Tangle technology (Blockchain variant). So what is Tangle? What advantages does it have over Blockchain? How does Tangle work? Please follow below: In this part, I will explain to you how it works as well as the technology and products of the project. The method of operation, technology as well as products of the project will be explained more clearly in the following sections. Guys, watch closely. Transact offline, no network device required.All data is encrypted allowing data transmission and storage of devices to become secure.Low resource requirements, designed for small devices like sensors to be involved.Increased network activity reduces transaction settlement time.This is the missing link for the Internet of Things and Web 3.0. Here are some features of the above method: The IOTA project has relied on distributed ledger technology and Tangle to solve the inefficiencies of current Blockchain technology. The ability to transfer data through less secure devices.High resource requirements: High hardware and power.Here are some of the problems that blockchain projects are facing today that the dev team wants to solve: What problem does IOTA solve? The problem posed IOTA is the revolutionary new data transfer and transaction settlement layer for the Internet of Things. IOTA is a Tangle (variant of Blockchain) Platform that was born with the purpose of serving as a raw material for the Internet of Things network based on a distributed ledger.
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