Tangle vs Blockchain: Difference Between Tangle & Blockchain

Cryptocurrency is a digital medium of exchange that transfers and verifies funds using encryption. Bitcoin is the most widely used cryptocurrency for which Blockchain technology was developed. Even though Blockchain has been the standard cryptocurrency technology for the past few years, issues such as speed and scalability have led to the development of alternative technologies.

Tangle is a relative newcomer in the cryptocurrency world. In this article, we will examine the recent debate between Tangle and Blockchain and determine which is superior.

What is Blockchain?

Nodes refer to all of the computers involved in these transactions. Ech node independently authenticates the transactions. This means that a transaction can take place once both nodes have confirmed it.

What is Tangle?

The best part is that Tangle is IoT-friendly (Internet of Things). The Internet of Things (IoT) is a network of interconnected devices that can communicate and share data. This means Tangle will be able to handle large-scale transactions between various connected devices quickly and seamlessly.

What are the differences between a tangle and a blockchain?

Security — Due to its arduous block-formation process, which involves the solution of a mathematical problem and verification through group consensus, blockchain has a higher level of security. Before a device can complete its own transaction and thus create a data node, it must first validate two previous transactions. The tangle is less secure than blockchain due to this less robust procedure.

Decentralization — Both blockchain and the tangle are described as decentralized systems, meaning they are free of outside interference and the fees and obstacles that come with it. However, the tangle has had to put in place a safety net, which it refers to as a “coordinator node.” This node essentially introduces a centralizing factor into the tangle’s structure, undermining claims that it allows for completely autonomous, uninterrupted transactions between IoT machines.

Wrapping up

Tangle is still in the early stages of development and has some flaws. Because it uses a central coordinator node, the technology cannot be called completely decentralized. This node verifies valid transactions, but Tangle data is not completely self-contained in this regard. The node addition protocol is also less detailed than Blockchain, making it less secure.