MIOTA (IOTA) Smart Contracts with Zero Fees, INATBA + Hyperledger + ISO 20022, IOTA Price Prediction

Published on June 18, 2022

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The IOTA Smart Contracts with Zero Fees explained, INATBA + Hyperledger + ISO 20022 connections & My Short to Medium Term IOTA Price Prediction

#IOTA Summary
“Tangle’s more technical name is the Directed Acyclic Graph — and as Sønstebø explained in a blog post back in 2015, this technology aims to retain blockchain’s ability to execute secure transactions. The only difference is that it does away with the notion of blocks.

He also wrote: “IOTA should not be considered an alternative coin (altcoin) to existing cryptocurrencies such as Bitcoin, rather it is an extension of the growing blockchain ecosystem. It’s meant to work in synergy with these other platforms to form cohesion and symbiotic relationships. IOTA is designed to provide one solution that no other crypto does: efficient, secure, lightweight, real-time micro-transactions without fees.”

New transactions are validated by approving two previous transactions from another node — and this is a novel approach because it means that the network’s size and speed will be directly related to how many people are using the platform.

And whereas some cryptocurrencies are run as a business, the IOTA Foundation says it is firmly not for profit — adding that it has the sole goal of making the network as prosperous as possible.

Finally, IOTA has distinguished itself from many other crypto rivals by establishing high-profile partnerships with the carmaker Volkswagen, and helping the city of Taipei to pursue smart projects.” – CoinMarketCap

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Cryptocurrency IOTA Price

Cryptocurrency IOTA Price, MIOTA (IOTA) Smart Contracts with Zero Fees, INATBA + Hyperledger + ISO 20022, IOTA Price Prediction.

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