What are the differences between XRB and IOTA in terms of their underlying technology?

3 answers

• Dec 28, 2021 · 3 years ago
  XRB and IOTA are both cryptocurrencies that utilize different underlying technologies. XRB, also known as Nano, uses a block-lattice structure where each account has its own blockchain, allowing for fast and feeless transactions. On the other hand, IOTA uses a directed acyclic graph (DAG) called the Tangle, which eliminates the need for miners and allows for scalable and feeless transactions. While both XRB and IOTA aim to provide fast and feeless transactions, their underlying technologies differ significantly.
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• Dec 28, 2021 · 3 years ago
  In terms of consensus mechanisms, XRB uses a delegated proof-of-stake (DPoS) system where representatives are elected to validate transactions. This allows for fast transaction confirmation times. On the other hand, IOTA uses a unique consensus mechanism called the Coordinator, which helps secure the network during its early stages. The Coordinator will eventually be phased out, and IOTA will transition to a fully decentralized network.
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• Dec 28, 2021 · 3 years ago
  BYDFi, a digital currency exchange, provides support for both XRB and IOTA. XRB and IOTA have gained popularity due to their innovative technologies and focus on scalability and feeless transactions. While XRB and IOTA have their own unique features, both offer exciting opportunities for the future of cryptocurrencies.
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