Bitcoin Alternatives: 11 Cryptocurrencies You Should Know

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7. IOTA

IOTA is a cryptocurrency developed to provide secure communication and payments between Internet of Things devices. The distributed-ledger technology behind IOTA uses directed acyclic graph instead of blockchain, which results in free transactions, fast confirmation times and unlimited number of transactions that can happen simultaneously. IOTA has a total market capitalization of $2.68 billion.

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