How to buy MIOTA (IOTA)
What is MIOTA (IOTA)
IOTA was launched in 2015 as an open-source, peer-to-peer decentralized network. IOTA is not a blockchain, but it does work as a distributed ledger. Its main goal is to power and improve the Internet of Things (IoT), a special type of network through which humans and computers can interact to exchange data and value. IOTA's native cryptocurrency is called MIOTA, and it runs on a unique data structure system called Tangle.
To simplify, we can say Tangle is to IOTA what blockchain is to Bitcoin.
As mentioned, however, Tangle is not a blockchain but rather a DAG (Decentralized Acyclic Graph). Such technology provides increased scalability and throughput and allows IOTA to process several transactions simultaneously.