A Cryptocurrency Without a Blockchain Has Been Built to Outperform Bitcoin
“The controversial currency IOTA rests on a mathematical “tangle” that its creators say will make it much faster and more efficient to run.
Bitcoin isn’t the only cryptocurrency on a hot streak—plenty of alternative currencies have enjoyed rallies alongside the Epic Bitcoin Bull Run of 2017. One of the most intriguing examples is also among the most obscure in the cryptocurrency world. Called IOTA, it has jumped in total value from just over $4 billion to more than $10 billion in a little over two weeks. But that isn’t what makes it interesting. What makes it interesting is that it isn’t based on a blockchain at all; it’s something else entirely…”
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