IOTA is an electronic currency founded by four key members: David Sønstebø, Sergey Ivancheglo, Dominik Schiener, and Serguei Popov. This currency has the highest total supply of 2,779,530,283 MIOTA. Substantial supply will limit IOTA prices. While traditional chain-based networks such as Bitcoin or Ethereum use block-chain technology, IOTA uses no-cycle graphing technology, meaning that the execution of transactions does not have a defined cycle. To understand for example Bitcoin technology, to pass information from node A to node D, you would have to pass B and C which is a defined cycle, while for IOTA This cycle does not determine whether it is possible from A to F and then from D to D. This technology allows IOTA to achieve rapid growth and zero transaction costs.

What is Blockchain Technology?

Blockchain, the original name of a block chain, is a hierarchical database that stores information in blocks of information that are interconnected by encryption and expands over time. Information about the time of initialization and linked to the previous block, including a time code and transaction data. Blockchain is designed to resist the change of data: Once the data has been accepted by the network there is no way to change it.

Korean investors have a special interest in Bitcoin. The boom of virtual money last year was attended by the name of the country.

Unfortunately, that enthusiasm has worried the Korean government. Government officials, including the prime minister of Korea, have repeatedly expressed concern over the psychology of virtual money.

According to the Wall Street Journal, a cyber-security researcher has discovered secret digital money-digger software sent to North Korea. US security firm AlienVault also said the software was released on Christmas Eve, using servers to train Monero. The proceeds go to a university in Pyongyang.

The danger that becomes a billionaire I also try, LOL

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