Is IOTA (MIOTA) Really A Blockchain Challenger?

IOTA (MIOTA) rose to prominence in the crypto community as a blockchain challenger. The cofounders of IOTA (MIOTA) came up with a mathematical solution to do what the blockchain does and called it Tangle. The concept they use is called Directed Acyclic Graphs (DAG). This directly eliminates the need for miners as each node in the tangle verifies two previous transactions. It also means that the more transactions and users on the platform, the higher the transaction speed and network growth. In addition to that, there are no transaction fees on IOTA (MIOTA).

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