What Is a Tangle?
A Tangle is a type of distributed ledger technology (DLT) that is used to store and manage data. It was developed by the IOTA Foundation, an open-source non-profit organization dedicated to developing DLTs for the Internet of Things (IoT). Unlike other blockchains, it does not use miners or blocks; instead, transactions are verified through a process called “proof of work” which requires users to solve cryptographic puzzles in order to validate their transactions. This makes it more secure than traditional blockchain systems as there is no single point of failure.
The Tangle also has some unique features such as zero transaction fees and scalability due to its ability to handle large numbers of transactions simultaneously without slowing down. Additionally, because it uses directed acyclic graphs (DAGs), it can be used for applications beyond just cryptocurrency payments such as smart contracts and digital identity management. The IOTA Foundation continues to develop new technologies based on the Tangle platform with the goal of creating an efficient machine economy where machines can securely communicate with each other without human intervention.