Tangle
IOTA’s DAG based alternative to the blockchain data structure, aimed predominantly at the IoT sector. It provides high throughput and instantaneous, feeless transactions. Each network participant also functions as a node in the Tangle network, with all users confirming transactions in order to send transactions themselves.
In a sentence
The Tangle records transactions in a directed acyclic graph rather than a conventional blockchain.
- The Tangle records transactions in a directed acyclic graph rather than a conventional blockchain.
- A new transaction in the Tangle approves earlier transactions.
- Developers tested how the Tangle performs as network activity increases.
- The application uses the Tangle to support low-value machine-to-machine transfers.
- Researchers examined the Tangle's security assumptions under different levels of participation.