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Confirmed Transactions Without a Blockchain

dazman

Active member
This is an interesting article about an even more interesting technology.

Do you think it would work and could we use any of its ideas?

http://cointelegraph.com/news/115508/iota-a-blockchain-less-gasp-token-for-the-internet-of-things

Whitepaper -> http://188.138.57.93/tangle.pdf

Website: http://www.iotatoken.com/

They state it's quantum computing resistant..

"Iota only use algorithms that are quantum resistant. This includes not only cryptographic but also ones used for consensus achievement. This means that the security provided by Iota will remain unchanged in the imminent future of quantum computers."
 
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