Impact of Security Aspects at the IOTA Protocol

This paper presents an impact of security aspects at the IOTA protocol. Based on the different usage of computational resources and the difficulty of the selected Proof of Work (PoW) algorithms have been explored the consequences in the final behavior of the IOTA network and the throughput of the protocol implementation. The main feature of the IOTA is the tangle which is the name for the directed acyclic graph (DAG). This graph is highly responsible for persisting transactions in the network. The goal of this network is to provide peer-to-peer communication between machines, humans and as well for the Internet of Things (IoT) industry.