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What is MIOTA (IOTA)
IOTA was launched in 2015 as a decentralized, P2P and network. IOTA is not a blockchain, but it does function as a distributed ledger. Its main objective is to promote and improve the Internet of Things (IoT), a special type of network through which humans and computers can interact to exchange data and values. IOTA's native cryptocurrency is called MIOTA and it runs on a unique data structure system called the Tangle.
For simplicity, we can say that Tangle is to IOTA what the blockchain is to Bitcoin.
However, as mentioned above, Tangle is not a blockchain, but a DAG (directed acyclic graph). This technology provides greater scalability and higher performance and enables IOTA to process multiple transactions simultaneously.
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