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Blockchain versus IOTA Tangle
be objects of the physical world, including cameras, robotic actuator arms, light bulbs,
fans, air conditioners, etc. Or, they could be of the information or virtual world, such
as network packets, bits of data, biometric data and so on. These things are recog
nized and integrated into a communication network with their unique identifiers. The
associated information possessed by these things could be static or dynamic.
The integration of sensor and radiofrequency technologies makes IoT a distrib
uted network based on the omnipresent Internet hardware resources (Han et al.,
2012). IoT as an emerging technology comes on the heels of such computing fields as
communications networks and global roaming technologies, involving the addition
of sophisticated technologies such as remote communication, remote data transmis
sion technologies, sea and earth measures information, intelligent data analytics,
control technologies and DLTs.
The evolution of IoT is due to the convergence of various technologies in place
today. Such technologies include wireless communication networks such as the
4G and 5Gs, satellite communications systems, wireless sensor networks (WSNs),
embedded systems, offices, smart home automation systems, commodity sensors,
etc. More recently, machine learning, DLTs (blockchain, IOTA) and real-time data
analytics have come to play significant roles in the IoT ecosystem (Gupta et. al, 2020;
Petiwala et. al., 2021). The International Telecommunication Union (ITU), which
started a global standard initiative on IoT (IoT-GSI), defined IoT well in 2015 in its
Reference ITU-T Y.2060 as “a universal structure for the information systems, per
mitting progressive facilities by interrelating both physical as well as virtual things
on the basis of prevailing and growing interoperable informative and communica
tion technologies” (Dabeesing, 2017). This standard recommendation implies that
through identification, data capturing and processing capabilities, IoT should be able
to make full utilization of things to provide every kind of service to users for con
firming security. IoT technologies enable objects prepared with sensors, actuators,
processors and transceivers to communicate. However, security and privacy are still
a concern to the IoT ecosystem, and this is where DLTs’ role is critical.
16.2 DESCRIPTION OF BLOCKCHAIN AND IOTA ARCHITECTURE
The two distinguishing features of the IOTA Tangle from the blockchain are: first,
the IOTA is fee free, while blockchain attracts network charges; second, the block
chain employs miners, while IOTA does not. These two DLTs use different data
structures and consensus protocols. A brief description of the data structures and
consensus protocol is necessary to drive home the distinguishing features.
16.2.1 Data Structure
The data structure is how data and assets are stored in the computer for efficient
manipulation. Blockchain employs a hash-graph sequential data structure to attach
transactions to a chain. When the miners validate a transaction, only one block is
added to the chain at a time; see Figure 16.2. Consequently, this results in a block
chain bottleneck, which is the reason for the slow TPS in many cryptocurrencies like
Bitcoin today.