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Tangle

Crypto Protocol

Tangle is IOTA's directed acyclic graph (DAG) ledger where every transaction confirms two previous transactions, enabling zero-fee microtransactions at scale.

The Tangle is IOTA's alternative to a traditional blockchain. Instead of transactions being grouped into blocks and validated by miners or stakers, every new transaction in the Tangle must reference and validate two previous transactions. This creates a web (DAG) of interdependent confirmations rather than a linear chain.

The result is that there are no miners to pay fees to — the cost of submitting a transaction is the computational work of validating two previous ones. This makes IOTA's transaction fees effectively zero, which is essential for the IoT (Internet of Things) use case where billions of devices might need to transact tiny amounts (e.g. a smart meter paying fractions of a cent per kilowatt-hour).

For ISO 20022 compatibility, IOTA has published specifications for embedding ISO 20022-structured data payloads within Tangle transactions, enabling machine-to-machine payment data to flow through the same messaging standards as human-initiated bank payments.

Crypto Relevance

IOTA's zero-fee Tangle makes it the only ISO 20022-aligned network realistically capable of handling IoT micropayments — an XRP or ETH transaction fee, even at $0.001, would exceed the value of most machine-to-machine payments.

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Last reviewed: 2026-05-17

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