IOTA (technology)

id: iota-technology-175-16259394
title: IOTA (technology)
text: IOTA is an open-source distributed ledger and cryptocurrency designed for the Internet of things (IoT). It uses a directed acyclic graph to store transactions on its ledger, motivated by a potentially higher scalability over blockchain based distributed ledgers. IOTA does not use miners to validate transactions, instead, nodes that issue a new transaction on the network must approve two previous transactions. Transactions can therefore be issued without fees, facilitating microtransactions. The
brand slug: wiki
category slug: encyclopedia
description: Open-source distributed ledger and cryptocurrency
original url: https://en.wikipedia.org/wiki/IOTA_(technology)
date created: 2017-07-05T00:43:18Z
date modified: 2024-09-03T09:47:02Z
main entity: {"identifier":"Q30504331","url":"https://www.wikidata.org/entity/Q30504331"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/a/ad/Iota_logo.png","width":1819,"height":610}
fields total: 13
integrity: 16

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