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IOTA logo

September 22, 2017 by Nica Leave a Comment

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IOTA is an open-source distributed ledger. It uses a directed acyclic graph (DAG) instead of a blockchain.

The system is peer-to-peer, with transactions taking place directly between users and with an Coordinator intermediary. Transactions are considered confirmed when the Coordinator has included the transaction in its set of released milestones.

Iota_logo.png

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