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Author: Admin | 2025-04-28
IOTA is a scalable, open-source communication protocol with a native cryptocurrency, IOTA. It is a first-of-its-kind distributed network that allows internet-connected devices to exchange data and payments securely and efficiently. The IOTA Foundation continues to improve its “Tangle” technology, ensuring seamless microtransactions with zero transaction fees. So how does IOTA work? Here’s what you need to know. KEY TAKEAWAYS• IOTA is a cryptocurrency that uses a DAG, rather than a blockchain, to facilitate feeless microtransactions for the Internet of Things (IoT).• The IOTA Foundation oversees the project, which has attracted partnerships and aims to bring digital autonomy.• IOTA’s Shimmer network serves as a testing ground for innovations before they are integrated into the IOTA mainnet.• IOTA is poised to capitalize on the IoT sector, but potential investors should consider the project’s roadmap and do thorough research. In this Guide:What is IOTA?How does IOTA work?IOTA advantagesIOTA use casesIOTA crypto — IOTA token and MIOTAShould you buy the IOTA token?Frequently asked questionsWhat is IOTA?IOTA is a cryptocurrency and protocol designed to enable feeless transactions for the Internet of Things (IoT). Its unique approach to DLT without transaction fees makes it ideal for the microtransactions required by IoT devices. Something users should know about. Here are a couple of brief points you should understand about IOTA:IOTA is not a blockchain network, although both share certain similarities. Rather, it relies on its very own invention, called a “Tangle.”IOTA has a native crypto on its platform — the IOTA token — that serves as the medium of value transfer during transactions in the IOTA ecosystem. The platform also rewards network participants and supporters in IOTA tokens for their contributions. Shimmer is IOTA’s network where innovations are battle tested before getting integrated into the IOTA mainnet. It also has its own token, $SMR, which powers a growing ecosystem of smart-contract-driven crypto projects and decentralized organizations. Let’s go into more detail by highlighting the original focus of IOTA and its more recent direction.IOTA team and historyLaunched in 2015, IOTA is overseen by the IOTA Foundation, a Berlin-based non-profit organization. The IOTA Foundation (IF) was created by David
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