IOTA is an open-source distributed cryptocurrency focused on providing secure communications and payments between machines on the Internet of Things. Using directed acyclic graph (DAG) technology instead of the traditional blockchain, IOTA's transactions are free regardless of the size of the transaction, confirmation times are fast, the number of transactions the system can handle simultaneously is unlimited, and the system can easily scale.
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Monero is a secure, private, untraceable currency. It is open-source and freely available to all.
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