IOTA ($IOTA)

IOTA ($MIOTA) is the first public distributed ledger to allow micro and nano-transactions without fees. This is done through the use of a “Tangle Ledger.” The ledger has no blocks or chains, and cannot be mined. The Tangle Ledger allows for the potential trade of technology resources, such as computer storage, WiFi bandwidth, or computational power. PROS No transaction fees Offers scalability Decentralized No transaction fees allow the exact amounts of technological resources traded to be received First to allow true micro and nano-transactions All data is authenticated and “tamper-proof” The tamper-proof ledger is ideal for voting. This could...

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