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IOTA: No Transaction Fees and Infinite Scalability, How Does it Work?


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IOTA – the next generation cryptocurrency

IOTA is a forward-thinking cryptocurrency that responds to the growing technological needs of the Internet of Things (IoT). Analysts predict between 26 billion to over 100 billion connected devices by 2020, constantly making transactions with each other. Instead of relying on a blockchain to handle these transactions, IOTA uses “the Tangle”, a graph with infinite scale, no miners, and no blocks.


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