IOTA, an open-source distributed ledger protocol, stands apart from traditional blockchain technologies with its blockless Tangle, a DAG (Directed Acyclic Graph). IOTA was conceived to serve as the growing IoT’s backbone. This imposes no charges on transactions and no fixed limits on the number of transactions which can be validated each second within the network. The more activity that takes place in the IOTA network, the faster it will run, and there’s no separation between validators and the users. Instead, validation is an intrinsic element of the ledger, ensuring decentralization.
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