description of Iota-net
description::
· Iota-network is a-Dagchain-network for the-Internet-of-Things (machine to machine economy).
[HmnSgm.2018-01-30]
===
IOTA is a distributed ledger for the Internet of Things.
The first ledger with microtransactions without fees as well as secure data transfer.
Quantum proof.
[https://github.com/iotaledger]
name::
* McsEngl.McsTchInf000023.last.html//dirTchInf//dirMcs!⇒DnIota,
* McsEngl.dirMcs/dirTchInf/McsTchInf000023.last.html!⇒DnIota,
* McsEngl.D-stroke-Iota-network!⇒DnIota,
* McsEngl.Dagchain-network.Iota!⇒DnIota,
* McsEngl.decentralized-crypto-chain.Dag--Iota-network!⇒DnIota,
* McsEngl.Iota-network!⇒DnIota,
* McsEngl.Iota-network!⇒DnIota,
* McsEngl.Dccd-Iota!⇒DnIota,
* McsEngl.DnIota,
* McsEngl.DnIota-(McsTchInf000023)!⇒DnIota,
* McsEngl.DnIota-(Iota-network)!⇒DnIota,
* McsEngl.ĐIota-network!⇒DnIota,
* McsEngl.Đ-Iota!⇒DnIota,
Dagchain of Iota-net (tangle)
name::
* McsEngl.chain-of--Iota-net,
* McsEngl.D-stroke-chain-of--Iota-net,
* McsEngl.Dagchain-of--Iota-net,
* McsEngl.decentralized-ledger--of--Iota-net,
* McsEngl.Iota-net'chain,
* McsEngl.Iota-net'tangle,
* McsEngl.Iotachain,
* McsEngl.tangle-of--Iota-net,
* McsEngl.transactionchain-of--Iota-net,
* McsEngl.DnIota'chain,
* McsEngl.DnIota'tangle,
* McsEngl.DnIota'transactionchain,
===
* McsEngl.Iota-chn-(Iota-chain),
consensus-algorithm of Dagchain
description::
The major difference that is worth mentioning (apart from the DAG vs. Blockchain) is how IOTA achieves consensus and how transactions are made.
As mentioned previously, there are no miners.
What this means is that each participant in the network that wants to make a transaction has to actively participate in the consensus of the network by approving 2 past transactions.
This attestation on the validity of two past transactions ensures that the whole network achieves consensus on the current state of approved transactions, and it enables variety of unique features that are only seen in IOTA.
[https://iota.readme.io/docs/what-is-iota]
name::
* McsEngl.consensus-algorithm.DnIota,
* McsEngl.Iota-net'consensus-algorithm,
* McsEngl.DnIota'consensus-algorithm,
IOTA-cryptocurrency of Iota-net
name::
* McsEngl.IOTA,
* McsEngl.IOTA-cryptocurrency,
* McsEngl.IOTA-token,
Generic-chain::
* consensus-cryptocurrency,
data-marketplace of Iota-net
name::
* McsEngl.data-marketplace-of--Iota-net,
* McsEngl.DnIota'Data-marketplace,
AddressWpg::
* {2017-12-16} Dominik Schiener: IOTA’s Data Marketplace: Setting the record straight: https://blog.iota.org/,
human of Iota-net
description::
IOTA was founded in 2015 by David Sønstebø, Sergey Ivancheglo, Dominik Schiener, and Dr. Serguei Popov.
[https://en.wikipedia.org/wiki/IOTA_(technology)]
name::
* McsEngl.human-of--Iota-net,
* McsEngl.Iota-hmn-(Iota-human),
* McsEngl.Iota-net'human,
* McsEngl.DnIota'human,
* McsEngl.DnIotaAeHuman,
evaluation of Iota-net
description::
">IOTA:
IOTA is a distributed ledger technology (DLT) designed specifically for the Internet of Things (IoT). It is built on a unique data structure called the Tangle, which allows for fast, secure, and fee-less transactions. IOTA's native cryptocurrency is called MIOTA.
**Key Features of IOTA:**
* **Fee-less transactions:** IOTA transactions do not require any fees to be sent or received. This makes it a more attractive option for IoT devices, which often have limited resources.
* **Scalable:** IOTA's Tangle data structure is designed to be highly scalable, making it able to handle a large number of transactions without performance issues.
* **Secure:** IOTA uses a variety of security measures to protect transactions, including cryptography and distributed consensus algorithms.
**Potential Use Cases of IOTA:**
* **Data transfer and Machine-to-Machine (M2M) payments:** IOTA's fee-less and secure nature makes it ideal for transferring data and making payments between IoT devices.
* **Internet of Things security:** IOTA can be used to create secure and tamper-proof logs of IoT device activity, which can help to prevent fraud and other security breaches.
* **Data monetization:** IOTA can be used to monetize data by allowing IoT devices to sell their data to third parties.
* **Smart contracts:** IOTA's Tangle can be used to deploy and execute smart contracts, which are self-executing contracts that can automate transactions and agreements.
**IOTA's Future:**
IOTA is still a relatively new technology, but it has the potential to revolutionize the IoT industry. If IOTA is successful, it could become the standard for decentralized data transfer and M2M payments in the IoT world.
**Here are some of the challenges that IOTA faces:**
* **Adoption:** IOTA needs to gain widespread adoption in the IoT industry in order to realize its full potential.
* **Regulation:** IOTA is a new technology, and it is not yet clear how regulators will view it. This could pose a challenge to its adoption.
* **Security:** IOTA has been criticized for its security, and it will need to continue to develop and improve its security measures in order to gain trust from users.
Overall, IOTA is a promising new technology with the potential to revolutionize the IoT industry. However, it faces a number of challenges, including adoption, regulation, and security. If IOTA is able to overcome these challenges, it could become a dominant force in the IoT world."
[{2024-01-13 retrieved} https://bard.google.com/chat/f75080ff8a90306b]
IOTA has a range of features that are uniquely enabled due to its architecture:
· Scalability: IOTA can achieve high transaction throughput thanks to parallelized validation of transactions with no limit as to the number of transactions that can be confirmed in a certain interval
· No Transaction Fees: IOTA has no transaction fees.
· Decentralization: IOTA has no miners. Every participant in the network that is making a transaction, actively participates in the consensus. As such, IOTA is more decentralized than any Blockchain.
· Quantum-immunity: IOTA utilized a newly designed trinary hash function called Curl, which is quantum immune (Winternitz signatures)
[https://iota.readme.io/docs/what-is-iota]
name::
* McsEngl.Iota-net'evaluation,
* McsEngl.DnIota'evaluation,
* McsEngl.DnIotaAeEvaluation,
AddressWpg::
* {2017-12-10} Charlie Lee @SatoshiLite: https://twitter.com/SatoshiLite/status/939687612721250304,
info-resource of DnIota
name::
* McsEngl.Iota-net'resource,
* McsEngl.DnIota'resource,
* McsEngl.DnIotaAeResource,
AddressWpg::
* https://iota.org/,
* https://thetangle.org/, (chain-explorer)
* https://datum.iota.org/,
=== Docs:
* https://github.com/iotaledger,
* https://iota.readme.io/,
* http://learn.iota.org/,
* https://www.gitbook.com/book/matthewwinstonjohnson/iota-guide-and-faq/details,
=== News:
* {2021-06-02} https://coinmarketcap.com/alexandria/article/a-deep-dive-into-iota,
* {2018-01-20} What happened last night on IOTA: https://medium.com/@ralf/,
* {2017-12-26} A beginner’s guide to IOTA: https://medium.com/@linda.xie/,
* {2017-12-19} Peter Ryszkiewicz. IOTA vs RaiBlocks: https://hackernoon.com/,
* {2017-12-09} IOTA Interview: “Trust Systems Are Absolutely Pivotal” Today: https://cointelegraph.com/,
* {2017-09-07} Cryptographic vulnerabilities in IOTA: https://medium.com/@neha/,
=== Community:
* https://forum.iota.org/,
evoluting of DnIota
name::
* McsEngl.IOTA-network.Evoluting,
* McsEngl.DnIotaAsEvoluting,
{2021-04-28}::
=== Chrysalis-Phase:
Since the completion of Chrysalis Phase Two on April 28, 2021, the IOTA ecosystem is enterprise-ready.
[https://coinmarketcap.com/alexandria/article/a-deep-dive-into-iota]
{2015-12}::
=== crowdsale:
In Dec 2015, the entire supply of IOTA was sold in a crowdsale that raised over $500,000 in bitcoin.
[https://medium.com/@linda.xie/a-beginners-guide-to-iota-a84424ff5536]
