IOTA Tangle | 10% for @tron-fan-club

in Tron Fan Club9 months ago

The IOTA Tangle can be treated as Future of Distributed Ledger Technology. Day by day blockchain technology is growing. With the growth and adaptation of blockchain technology different distributed ledger technology are in the existence. The IOTA Tangle stands out as a unique and innovative architecture that seeks to address some of the fundamental limitations of traditional blockchain systems. Blockchain is being updated day by day and with this new new ledger technology concepts are adding in the blockchain system. Intial stage conventional blockchains relied on linear chains of blocks, the IOTA Tangle introduces a novel structure. With this technology the main problem of scalability of the blockchain can be eliminated. It is efficient and decentralized consensus like never before.

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The IOTA Tangle is designed to power the Internet of Things (IoT) by providing a secure, lightweight and feeless platform for micro transactions between IoT devices. Traditional blockchain networks cannot properly deal with the high transaction volumes. There are problem on scalability issue in traditional blockchain. The IOTA Tangle addresses these issues by diverging from the concept of blocks and introducing a directed acyclic graph (DAG) structure. In the Tangle, transactions are not bundled into blocks but are individual and interconnected. To make a transaction, a user must first validate two previous transactions. This unique approach not only ensures security but also eliminates the need for miners or validator.

Finally the transactions are feeless and energy-efficient. This consensus mechanism, called the "Tangle," is inherently decentralized. All the participants are contributing to the validation process. Traditional blockchains can face problem with transactions increases and slower confirmation times thus incur higher fees. In the IOTA Tangle, as more transactions occur, the network's capacity to process transactions actually improves. The more users and transactions there are, the more validation activity takes place. It is not only a solution to the scalability problem but also a faster confirmation times and positive feature of high number of user & transections.

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