**IOTA** is a unique distributed ledger technology designed specifically for the Internet of Things (IoT). Unlike traditional blockchains, IOTA uses a system called the **Tangle**, a directed acyclic graph (DAG) that allows for **feeless transactions** and high scalability. This architecture enables each new transaction to validate two previous ones, removing the need for miners and reducing transaction costs to zero. This makes IOTA ideal for microtransactions and machine-to-machine communication—key elements in the rapidly growing IoT ecosystem.
Over the years, IOTA has evolved significantly, improving its security, decentralization, and usability. With the release of **IOTA 2.0 (Coordicide)** on the horizon, the network aims to remove the centralized Coordinator node, marking a major step toward full decentralization. This upgrade is expected to bring increased network resilience, faster confirmation times, and better support for smart contracts and decentralized applications. IOTA’s partnerships with global corporations and ongoing development suggest a promising future as a foundational layer for the next generation of digital infrastructure.
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Over the years, IOTA has evolved significantly, improving its security, decentralization, and usability. With the release of **IOTA 2.0 (Coordicide)** on the horizon, the network aims to remove the centralized Coordinator node, marking a major step toward full decentralization. This upgrade is expected to bring increased network resilience, faster confirmation times, and better support for smart contracts and decentralized applications. IOTA’s partnerships with global corporations and ongoing development suggest a promising future as a foundational layer for the next generation of digital infrastructure.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.