On 2 December IOTA announced it was planning to launch in 2022 a permissionless multi-chain network to build, connect and deploy smart contracts, and call it Assembly. It will have its own token, the $ASMB, of which around 70% will be distributed to the community.
Read moreWhat is special about IOTA?
IOTA’s key innovation is Tangle, a system of nodes used for confirming transactions . IOTA claims that Tangle is faster and more efficient than typical blockchains used in cryptocurrencies.
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