IOTA Description
IOTA has fundamentally reengineered distributed leadger technology. This allows secure exchange of value and data without any fees. Tangle, an open, free and scalable distributed ledger developed by IOTA, is designed to facilitate frictionless data and value exchange. IOTA is the first distributed ledger designed for the "Internet of Everything", a network that allows data and value to be exchanged between humans and machines. No blocks. No miners. Two transactions are validated when you send an IOTA transaction. This allows IOTA overcome the limitations of blockchain's cost and scalability. IOTA is a network that supports the Internet of Things. It has tamper-proof data and micro transactions that are free. It also requires very little resource.