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Author Topic: What do you think about tangle technology? and for what purpose?  (Read 618 times)

downswing4u

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What do you think about tangle technology? and for what purpose?
« on: November 06, 2017, 06:27:25 am »
The tangle is the technology used by IOTA instead of the blockchain. What do you think about it? and how do you see the tangle in our actual society?

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What do you think about tangle technology? and for what purpose?
« on: November 06, 2017, 06:27:25 am »


1kings

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Re: What do you think about tangle technology? and for what purpose?
« Reply #1 on: November 16, 2017, 08:02:44 pm »
What is tangle tech, to a layman? Please don't tell me to ask Google. ::)
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Re: What do you think about tangle technology? and for what purpose?
« Reply #1 on: November 16, 2017, 08:02:44 pm »

sabbir2world

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Re: What do you think about tangle technology? and for what purpose?
« Reply #2 on: November 26, 2017, 07:10:01 pm »
What is tangle tech, to a layman? Please don't tell me to ask Google. ::)

Yes please Google lol  ;D ::)
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sixexgames

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Re: What do you think about tangle technology? and for what purpose?
« Reply #3 on: December 05, 2017, 08:02:49 pm »
I don't understand it, so it must be good.
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jon599$

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Re: What do you think about tangle technology? and for what purpose?
« Reply #4 on: March 05, 2018, 07:40:46 am »
The tangle is the technology used by IOTA instead of the blockchain. What do you think about it? and how do you see the tangle in our actual society?

Lol google is a master of all

Nanagyasi

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Re: What do you think about tangle technology? and for what purpose?
« Reply #5 on: May 08, 2018, 10:16:44 am »
Iota is the only (among the few) virtuall currency that does not use blockchain. It uses tangle technology which allows individuals to create and approve transactions
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Eben

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Re: What do you think about tangle technology? and for what purpose?
« Reply #6 on: May 11, 2018, 07:16:47 pm »
These are some of the advantages of tangle technology used by IOTA and it's amazing
Microtransactions
Tangle makes microtransactions possible. Bitcoin is becoming increasingly expensive to make transactions with and if you are just making a small one, it can outweigh the benefits.
This is not an issue with Tangle as its system is highly adaptable and scalable so even the smallest transactions are cheap and quick.
Free Transactions
It allows vendors to charge for alternative services. If I was to pay 10 IOTA for a service, that would be worth pretty much nothing to me as a vendor.
If, however, 1000 people paid 10 IOTA for a service, that would be worth something.
With IOTA allowing microtransactions over the Tangle network, it means that services can be charged a minimal amount, meaning the customers pay almost zero and don’t have to pay excessive transaction fees.
With Tangle, vendors can charge for the actual worth of a product, instead of having to make the cost up elsewhere.
Bank Transfers
The Tangle network would also very much suit facilitating bank to bank transfers.
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