KALIBROIDA TECHNOLOGY SOLUTIONS PVT. LTD. One of the best IoTA
Tangle Development Company in India
What is IOTA? •
IOTA is a cryptocurrency designed for the Internet Of Things.
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IOTA uses the ‘Tangle’ which is a Directed Acyclic Graph knows as DAG. Tangle solves both the scalability and transaction fee issues faced by Bitcoin, which is first cryptocurrency invented in 2009 using Blockchain.
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IoTA is a new technology will be majorly used by companies in future, as Kalibroida is Tangle Development company will give you the complete solution in your business for IoTA services similar to blockchain.
Difference between Blockchain and IOTA Tangle
In blockchain technology, there is chain of blocks, each referencing the previous blocks for the creation of each block, a Proof of Work (PoW) needs to be done by miners. Whereas, IOTA is based on a Distributed Acyclical Graph (DAG) approach, which they call the "Tangle". No more blocks, no more mining, instead when you broadcast a transaction, you first need to do PoW validating two previous transactions. Because of different structure IOTA has some advantage over the blockchain technology.
Advantage of IOTA Tangle over Blockchain 1. Scalability IOTA was designed to enable transactional settlement at scale. Since consensus is parallelized, and not done in sequential intervals of batches as in Blockchain, the network is able to grow and scale dynamically with the number of transactions. The more transactions are made, the more secure and the more efficient the Tangle gets.
2. Fee Less Tangle eliminates the need for external validators or miners. It lets the users of the network take up the computation for transaction validations. This means zero transaction fees for small value exchanges. As a result, IoT-based ecosystems can afford to initiate huge volumes of nano- and micro-transactions. They don't have to worry about unpredictable or high fees.
3. Security Blockchains dependency on cryptography can become a problem in the near future with the introduction of Quantum computers. Hackers will be able to launch brute force attacks against blockchainbased applications. Tangle uses quantum-resistant cryptography. So it is more secure against future threats. 4. Quantum Resistance
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