IOTA is quite the interesting technology specimen! It differentiates itself from other decentralized networks. IOTA is not a blockchain; the IOTA network is called a “Tangle.” Think of it like a blockchain, retaining the features of decentralization protocols and security functions; but rather than forming ‘blocks’ to create a ‘chain’ of information, the Tangle forms the distributed ledger more assimilated like a web of information (not a chain). Sooo…. IOTA is still a peer-to-peer network and distributed ledger, but it is ‘blockless’ so transactions and records of information are a bit different in their system.

IOTA is quite the interesting technology specimen! It differentiates itself from other decentralized networks. IOTA is not a blockchain; the IOTA network is called a “Tangle.” Think of it like a blockchain, retaining the features of decentralization protocols and security functions; but rather than forming ‘blocks’ to create a ‘chain’ of information, the Tangle forms the distributed ledger more assimilated like a web of information (not a chain). Sooo…. IOTA is still a peer-to-peer network and distributed ledger, but it is ‘blockless’ so transactions and records of information are a bit different in their system.