Tangle

After the introduction of Bitcoin in 2008, blockchain technology has become a household name. A blockchain is understood to be a distributed database that provides an immutable record of transactions and digital assets. However, there is a another technology called Tangle that claims to outperform the blockchain.

With the Tangle we are talking about a distributed ledger technology, developed by the IOTA Foundation .. Basically, it pursues the same purpose as the blockchain: the simple and secure processing of transactions in a decentralized environment. In contrast to blockchain technology, however, Tangle is not based on a chain of blocks, but on a directed acyclic graph (DAG). This DAG, like the blockchain, is a distributed database, also there is no central authority or instance such as a bank or government.

The difference is that transactions are not grouped into blocks and linked linearly as with blockchain technology but are represented as a chain of transactions. The Tangle graph can be thought of as a kind of network of transactions.

Understanding Tangle

To better understand this technique, consider the following analogy: Persons A, B and C want to communicate via a blockchain-based system. For this, A would have to pass information to B, who then forwards it to C. However, it would be much faster and more efficient if A would pass the information directly to C.

That is exactly the difference between a blockchain and DAG technology, in simple words. In a blockchain, the blocks A, B and C are connected to each other. For a message to get from A to C, it must first be checked by B.

With a DAG, on the other hand, all network participants are directly connected to each other, which allows A to send a message directly to C and update B at the same time.

How does Tangle work?

In the Tangle network, transactions are validated by the participants, instead of miners or validators within a blockchain network. This means that every participant who sends a transaction can also contribute to validating other transactions within the network.

To be valid, each individual transaction in the Tangle network must confirm at least two other transactions. Through this confirmation, the transaction is validated within the network and a new transaction can be executed. In contrast to blockchain technology, there are no Tangle rewards for validating transactions.

Another important feature of Tangle technology is that it is more scalable than the blockchain is. This is because when using blockchain technology, each node within the network , must process each transaction and each block. The larger the network becomes, the more resources are needed to operate it. In the

Tangle network, on the other hand, each node only confirms a portion of the transactions, which increases scalability.

Advantages of Tangle

Tangle offers some advantages over blockchain technology. One of the most important advantages is that Tangle is significantly faster. Since each node in Tangle only needs to validate a portion of the transactions, transactions are processed faster than in the blockchain. There are also no block confirmations required when using Tangle, which reduces the confirmation time.

The scalability of Tangle is another advantage of Tangle. The network is able to process a large number of transactions simultaneously without affecting performance. In contrast to blockchain technology, where delays can occur in a large network, Tangle can process a large number of transactions simultaneously without creating bottlenecks.

In addition, Tangle offers significantly better energy efficiency. With blockchain technology, each node within the network must expend a large amount of computing power to validate the blockchain. In the Tangle network, on the other hand, the validations are performed by the participants, which requires less computing power.

What are the use cases of Tangle?

Tangle technology offers a variety of use cases. One of them is the so-called Internet of Things (IoT). Because Tangle is very fast and scalable, it can be used for the transmission of data and transactions within a IoT network. As the IoT network continues to grow, it T a scalable technology that is able to process a large number of transactions is of great importance.

The Tangle technology can also be used for online transactions, payments, and peer-to-peer transactions due to its speed and scalability. The Tangle-Technology offers a variety of use cases. One of them is the so-called Internet of Things (IoT). Because Tangle is very fast and scalable, it can be used for the transmission of data and transactions within a IoT network. As the IoT network continues to grow, it T a scalable technology that is able to process a large number of transactions is of great importance.

Another area of application for Tangle are supply chains. Tangle can be used for the transmission of transactions and digital assets within a supply chain can be used. Because Since supply chains are mostly very large and complexsind, it is important to process transactions quickly and efficiently.

Conclusion on the Tangle

Tangle is a very exciting new technology that can be considered as an alternative to blockchain technology. It offers some advantages over blockchain technology, such as faster transactions, scalability, and lower energy efficiency. Although Tangle technology is still relatively new and not yet as widespread as the blockchain, it has the potential to play an important role in the world of decentralized technologies in the future.