Wed. Sep 28th, 2022

IOTA is a blockchain-based platform that provides a decentralized way to store and transmit data. IOTA uses a Directed Acyclic Graph (DAG) instead of a traditional blockchain. This allows for scalability and feeless transactions. IOTA is still in development and is not yet fully decentralized. As such, it is not yet clear what type of blockchain IOTA will use in the future.

Other related questions:

Q: What blockchain does IOTA use?

A: IOTA uses its own blockchain, called the Tangle.

Q: Is IOTA its own blockchain?

A: IOTA is not its own blockchain, but rather it is built on top of the existing blockchain infrastructure.

Q: What technology does IOTA use?

A: IOTA uses a directed acyclic graph (DAG) instead of a blockchain. This allows for fast and scalable transactions.

Q: Is IOTA ethereum based?

A: IOTA is not based on Ethereum. IOTA is based on its own blockchain technology, which is designed to be scalable and lightweight.

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