30-Day IOTA Price Chart | Source: CoinMarketCap
IOTA is a revolutionary new, next generation public distributed ledger that utilizes a novel invention, called a “Tangle”, at its core. The Tangle is a new data structure based on a Directed Acyclic Graph. As such it has no Blocks, no Chain and also no Miners. Because of this radical new architecture, things in IOTA work quite differently compared to other Blockchains.
IOTA has a range of features that are uniquely enabled due to its architecture:
- Scalability: IOTA can achieve high transaction throughput thanks to parallelized validation of transactions with no limit as to the number of transactions that can be confirmed in a certain interval.
- No Transaction Fees: IOTA has no transaction fees.
- The Decentralization: IOTA has no miners. Every participant in the network that is making a transaction, actively participates in the consensus. As such, IOTA is more decentralized than any Blockchain.
- Quantum-immunity: IOTA utilized a newly designed trinary hash function called Curl, which is quantum immune (Winternitz signatures)
Traders Bullish on IOTA Following Microsoft Partnership
This week’s surge appears to be linked to the announcement of IOTA’s Data Marketplace, a Tangle-based solution built to help monetize data — the “oil” of the Internet of Things (IoT) economy. Revealed on November 28, the Data Marketplace demo will run for two months and will see IOTA partner with a myriad of myriad of corporate heavyweights, including Microsoft, Samsung, Cisco, and Volkswagen.
More info here: https://www.cryptocoinsnews.com/iota-price-explodes-after-microsoft-partnership-announcement/
Referral link and info for https://www.binance.com/
Step 1: Create an account using an account name, your e-mail and a secure password
Step 2: Insert this referral code for reduced trading fees: https://www.binance.com/?ref=11689975
Step 3: Create account and verify your e-mail
Step 4: Once logged in, select 'Bitcoin' under balances and then 'Deposit'
Step 5: Send your Bitcoin to the address provided and wait for it to confirm and be shown in your balance
Step 6: Once confirmed, use the order form to place a bid for IOTA
I WOULD LIKE TO BUY A HAMBURGER.......WITH CRYPTOCURRENCY COINS!
