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IOTA is the foremost cryptocurrency focusing on The Internet of Things. More specifically, the 2015 created technology, uses a directed acyclic graph (DAG), also known as the tangle, to achieve consensus.
More specifically, IOTA uses the Random Walk Monte Carlo algorithm to verify transactions in a way which ensures a high level of accuracy. The tangle also allows IOTA to do something called partitioning. This term describes IOTA’s ability to process transactions which are conducted in an off-line environment.
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