What is the difference between IOTA and other cryptocurrencies?
The main difference between IOTA and other cryptocurrencies is that it does not use a blockchain.
Instead, IOTA uses a distributed ledger technology called the Tangle. The Tangle is a directed acyclic graph (DAG) which allows for faster and more efficient transactions than traditional blockchains. It also allows for zero-fee transactions, meaning users do not have to pay transaction fees when sending or receiving funds.
Additionally, IOTA has no miners or miners fees, as all transactions are validated by the users themselves. This makes it more secure and less vulnerable to attack than traditional blockchains. Finally, IOTA is designed to be used in the Internet of Things (IoT) space, allowing for machine-to-machine payments and data transfers without the need for human intervention.
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