Hello and welcome to this blog post about IOTA MIOTA White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the IOTA MIOTA white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the IOTA (MIOTA).
I can ensue you that, you will be able to understand every bits and pieces related to IOTA (MIOTA) after going through the IOTA MIOTA white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
IOTA MIOTA White Paper
IOTA MIOTA white paper will be going to provide you, all the information that is needed to get started with IOTA (MIOTA), including the inspiration for creating, the problem it is trying to solve and the solution proposed by IOTA (MIOTA).
“In this paper we analyze the mathematical foundations of IOTA, a cryptocurrency for the Internet-of-Things (IoT) industry.
The main feature of this novel cryptocurrency is the tangle, a directed acyclic graph (DAG) for storing transactions. The tangle naturally succeeds the blockchain as its next evolutionary step, and offers features that are required to establish a machineto-machine micropayment system.
An essential contribution of this paper is a family of Markov Chain Monte Carlo (MCMC) algorithms. These algorithms select attachment sites on the tangle for a transaction that has just arrived.”
White Paper Link: IOTA (MIOTA) White Paper
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