Hey I’m Fredrik. Wanted to summarize what IOTA is for you who are unfamiliar with it.
IOTA is distributed ledger based on a protocol called the Tangle. The Tangle is a Directed Acyclic Graph where everyone in the network is involved in verifying a transaction. IOTA offers several benefits in comparison with other cryptocurrencies. There is no risk for centralisation, it has zero transaction fees, is scalable and quantum proof. The vision of IOTA is to become the backbone for IOT.
What do you guys think about IOTA?