IOTA
IOTA is the first blockchain built for the “Internet of Everything,” which allows for the exchanging of data and value between parties. Built by the IOTA Foundation, the non-profit focused on distributed ledger technology and open-source development, the IOTA network caters for the Internet of Things (IoT), with tamper-proof data, feeless microtransactions, and low resource requirements. IOTA aims to play a central role in the next industrial revolution, empowering economic relationships between humans and machines. IOTA's native token is MIOTA.
IOTA Network Increases its Speed by 20x Following its Relaunch a Few Months Prior
The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the latest version of its node software, Hornet together with the IOTA community. The IOTA community has conducted a stress test that illustrated a stable network of over 150 nodes with over 650 confirmed transactions per second (TPS). This shows an increase in transaction throughput by a factor of 20, while Hornet is able to consume 10 times less memory under normal operations compared to its previous node software.
More DetailsIOTA Creates Payment System Compatible With Any App or Game
A developer has revealed that IOTA, a distributed ledger protocol created by the IOTA Foundation, has been integrated into a payment system, which can be utilized in any app or game. Expressly, it functions seamlessly on all platforms, cush as Xbox one, WebAbb, Windows, Android, Playstation 4, Linux, and iOS, among others.
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