"IOTA is an innovative distributed ledger technology designed to provide secure, scalable and fee-free solutions for the transfer and exchange of value between Internet of Things (IoT) devices. Key Features of IOTA It uses a data structure called "Tangle" (tangle) to replace traditional blockchain technology, thereby achieving a high degree of scalability and decentralization.
IOTA was originally designed to provide a safe and reliable data exchange platform for IoT devices. In traditional blockchain technology, each block needs to be verified before it can be added to the chain, which leads to problems such as slow transaction speed and high handling fees. IOTA uses the data structure of Tangle to realize the confirmation and verification of transactions without mining, so it can realize transactions without handling fees, and at the same time ensure the security and reliability of transactions.
In addition to being used for value transmission and exchange between IoT devices, IOTA also supports the development and deployment of smart contracts, which can be applied in many fields, such as supply chain management, logistics tracking, digital identity verification, etc. IOTA can also be traded and exchanged with other digital currencies, and used to pay for goods and services.
Overall, IOTA is a very promising distributed ledger technology that is highly scalable, secure and reliable. Its original design intention is to provide a safe, reliable, and fee-free transaction platform for IoT devices, but its application fields are not limited to this, and there is still a lot of room for development in the future. For digital currency investors and technology enthusiasts, IOTA is a digital currency worthy of attention and exploration. "