Miners No Longer Needed! | Blockchain Central

The video introduces IOTA, a cryptocurrency designed for the Internet-of-Things, addressing blockchain's scalability and energy issues. Unlike traditional blockchains, IOTA uses a Directed Acyclic Graph (DAG) called the tangle, enabling zero-fee transactions and infinite scalability. The video explains how IOTA's technology benefits IoT devices by requiring minimal storage and computational power. The IOTA Foundation, a non-profit in Berlin, leads the project, fostering a community of developers and entrepreneurs. The video concludes with a call to action for viewers to engage with the content.

How does IOTA ensure zero-fee transactions?

What is a Directed Acyclic Graph (DAG) and how is it used in IOTA?

What role does the IOTA Foundation play in the development of IOTA?