IOTA (1/9)
📢 Introduction & Use Cases:
🟡 IOTA launched back in 2015 with a bold idea:
“Zero-fee transactions for the Internet of Things (IoT).”
🟡 But here’s the twist: there’s no blockchain here! IOTA runs on Tangle, a DAG-based structure where each transaction confirms two previous ones.
🟡 The busier the network gets, the faster it becomes—unlike traditional blockchains that slow down under load.
🟡 Main use cases:
▫️ Micro-payments with zero fees
▫️ Data exchange between devices
▫️ Partnerships with automotive industries & smart cities
#ethan #iota
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