Toyota makes use of distributed ledgers. Unlike most Kryptos hit does not use a Blockchain. Instead, it uses a technology its developers call the tangle, which is based off of a mathematical concept known as directed a cyclic graphs. This was a purposeful move from the developers, as within this design is what separates iota from every other crypto currency. Within the design, we have the removal of minors without sacrificing decentralisation with the need for minors removed. So are the need for fees. Yes, iota is completely free to use. This is because everyone plays an equal role in the network. Anytime a transaction is made, the issuer must help authenticate two previous and random transactions. It uses a series of cryptographic algorithms along with many other sophisticated techniques, to do this work. This work is done behind the scenes on such a small scale that any device could manage it without effort. Ultimately, a network like this allows for two important features. Micro transactions and speed. Micro transactions are transactions that can be worth fractions of sense, and Kryptos, like Bitcoin, face many issues with this, largely due to the necessity of miners. In short, you couldn’t purchase a coffee with most Blockchain based Kryptos moving on. We have speed in Cryptocurrency. Speed is measured by TPS transactions per second. We covered this in our last video iota by the numbers we suggest checking that out if you haven’t already. In simple terms, none of us want to be stuck waiting hours for a transaction. Ultimately with iota, the more people that use the network, the faster it becomes alleviating the issues Blockchain based crypto currencies face. Today It is these two features that give rise to Ayotte is purpose which is to support and facilitate a machine to machine economy and to be implemented as the underlying protocol behind the Internet of things. Our goal of reaching ten thousand subscribers his well underway and everyone at everything tangled is so appreciative of all the love and support. If you hadn’t heard at ten thousand subscribers, we will be giving away one g i. To enter this giveaway, you need to be subscribe to our channel. You also need to follow us on. Twitter and Retweet are ten k giveaway tweet, easy to follow. Instructions will be in the description below from everyone at everything tangle. Thanks for watching