Iota (MIOTA)

Iota (MIOTA) is a cryptocurrency that uses a revolutionary technology called the Tangle, which is a decentralized, blockless ledger system that uses directed acyclic graphs (DAG) to confirm transactions. This means that every transaction on the network confirms two previous transactions, creating a self-sustaining and highly scalable system. Iota was created to enable the burgeoning internet of things (IoT) industry, which is predicted to connect billions of devices and sensors to the internet by 2025. With its fast, fee-free transactions and highly scalable technology, Iota aims to provide a secure and efficient platform for the exchange of data and value between these devices. In addition, Iota's use of the Tangle system eliminates the need for mining and the associated costs and environmental impact, making it a greener and more sustainable alternative to traditional blockchain-based cryptocurrencies.