Differences between the Tangle and Blockchain
What is Blockchain
Blockchain is a ledger of transactions that is secured using cryptography It supports cryptocurrencies such as Bitcoin, Ethereum. Blockchain allows the creation of decentralized applications.
What is Tangle
Tangle is a technology that is used for cryptocurrency transactions like Blockchain. It supports IOTA(Internet of Things Application). The Tangle data structure is a directed acyclic graph (DAG), where each transaction is attached to two previous ones.
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Differences between the Tangle and blockchain
Transaction Fees:
Tangle no Fees are required while in blockchain high fees are there.
Miners:
Tangle no Miners required while in blockchain has Miners.
Data Structures:
The tangle data structure is a Chain of sequential blocks, where each block contains a limited number of transactions while in Blockchain data structure Directed acyclic graph (DAG), where each transaction is attached to two previous ones.
Information Stored:
In Tangle information stores in Nodes while in Blockchain information stores in Blocks.
Cryptocurrency:
In Tangle cryptocurrency application is Bitcoin while in Blockchain cryptocurrency application is IOTA.
Secure:
Tangle is Less secured while Blockchain is a highly secure system.
Scalability:
Tangle is Scalable while Blockchain is Not Scalable.
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