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What is IOTA? In some forums and weblogs it can be read that IOTA wants to enable a backbone for the Internet of Things, but also that it wants to enable communication and exchanges between smart machines and devices. What is behind all this?
IOTA is primarily a protocol, a distributed application that enables all this. Its foundational technology is called Tangle, which is a distributed database, but not a Blockchain. It is surely inspired from cryptocurrencies, but enables different functions. Basically, it is another interpretation with another goal – IOTA is geared towards machines and wants to enable an exchange from machine-to-machine. There are plenty of books on Bitcoin, but not so many on IOTA, although it is an equally fascinating cryptocurrency and platform. That's why I wrote this book, to answer the following questions:
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