IOTA (MIOTA)

IOTA is a permissionless distributed ledger "for a new economy". IOTA was conceptualized in 2015 and officially released in June 2017.

It targets the Internet of Things, through the use of an open-source distributed ledger. IOTA aims at supporting the growth of a machine economy by enabling "fee-less machine-to-machine payments", offering greater scalability than blockchain networks.

IOTA relies on the Tangle, which is a Directed Acyclic Graph (DAG). Unlike blockchains, DAGs do not rely on blocks, miners, nor a concept of a chain. Instead, a DAG is a network of transactions that are linked to each other in a tree-shape network.

Website: https://www.iota.org

Explorer: https://thetangle.org

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