IOTA (IOTA) is a distributed ledger for the Internet of Things that uses a directed acyclic graph (DAG) instead of a ordinary blockchain. IOTA is a cryptocurrency, with a purpose for IoT (Internet of Things). It's build upon DAG (Directed acyclic graph), called Tangle. The Tangle ledger can settle transactions, with zero fees. Now network is not decentralized [(without having one central area of command)] - coordinator is in place. Cooperated with VW.

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