January 2018
Intermediate to advanced
524 pages
13h 33m
English
Content preview from Internet of Things for Architects
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IOTA (directed acyclical graph-based)
An interesting new cryptocurrency has been developed solely for IoT called IOTA. In this case, the IOT devices themselves are the backbone of the trust network and the architecture is based on a Directed Acyclic Graph (DAG). Bitcoin has an associated fee per transaction. IOTA has no fees. This is very important in the world of IoT, which may be serving micro-transactions. For example, a sensor may provide a service reporting to many subscribers of MQTT. The service has value in aggregate terms but is measurably very small per single transaction, so small that a Bitcoin fee to provide that information may be larger than the value of the data.
The IOTA architecture has the following aspects:
- No centralization ...
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