IOTA ( MIOTA )
Iota is a brand new and novel micro-transaction crypto optimized for the Internet-of-Things (IoT). Unlike the complex and heavy blockchains of Bitcoin…, which were designed with other uses in mind, Iota is created to be as lightweight as possible, hence the name “Iota” with emphasis on the ‘IoT’ part.
Iota still retains the core principle ideas of the distributed consensus blockchain, but in order to be able to scale to the size of the coming Internet-of-Things ecosystem with tens of billions of devices that are connected to each other, it needed to be very lightweight and efficient. This problem is solved by Iota’s core innovation: the tangle.