What is IOTA ? no more 'fees' Bitfinex exchange just announced IOTA trading.

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·@highwalker·
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What is IOTA ? no more 'fees' Bitfinex exchange just announced IOTA trading.
IOTA is the first distributed ledger protocol that goes 'beyond blockchain' through its core invention 'Tangle'. 
The IOTA Tangle is a Directed Acyclic Graph which has no fees on transactions and no fixed limit on how many transactions can be confirmed per second in the network; instead, the throughput grows in conjunction with activity in the network; i.e., the more activity, the faster the network. Unlike typical blockchain architecture, in IOTA there is no separation of users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization.

https://www.youtube.com/watch?v=LyVLq13WfsE
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