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IOTA Takes A Step Towards Decentralisation

IOTA Takes A Step Towards Decentralisation – OBN

The IOTA Foundation has announced the ‘Coordicide’ protocol, which is meant to decentralise the Tangle. The Tangle is the underlying system which powers IOTA’s distributed ledger instead of a blockchain, which is used by other major cryptocurrencies such as Bitcoin. Due to its unique nature, Tangle did not possess some features inherent in blockchain technology such as decentralisation.