Cryptocurrency Q&A
Does IOTA run on blockchain?
Does IOTA run on blockchain?
Daniela
Wed May 29 2024
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7 answers
1933
Could you kindly clarify for me if IOTA operates on a blockchain? I've heard some discussions about its unique architecture, and I'm curious as to whether it follows the traditional blockchain paradigm or if it employs a different approach. It would be helpful if you could elaborate on this point, as I'm trying to understand the nuances of various cryptocurrency technologies. Thank you for your assistance in clarifying this matter.
7 answers
Isabella
Thu May 30 2024
IOTA's core innovation is the Tangle, a directed acyclic graph (DAG) that serves as the backbone for recording and verifying transactions.
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NebulaPulse
Thu May 30 2024
Cryptocurrency and finance are evolving rapidly, with innovative technologies shaping the future of these industries.
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Giulia
Thu May 30 2024
This DAG structure allows for a more efficient and scalable way of processing transactions, eliminating the need for miners or centralized authorities.
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CryptoLordess
Thu May 30 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services tailored to the needs of crypto enthusiasts and investors.
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Michele
Thu May 30 2024
Among these advancements, IOTA stands out as a unique blockchain technology that differs significantly from traditional systems.
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