IOTA miota
-3.44 % $ 0.240468
$0.235117 24H Range $0.249597
Market Data
Price $ 0.240468
Volume $ 18,732,355.00
Volume / Market Cap 0.0281
Supply
Circulating Supply 2,779,530,283.28
Total Supply 2,779,530,283.00
Valuation
Market Cap $ 666,655,609.00
IOTA (miota) Price Chart
IOTA (miota) Price Info
Timeframe Price Change(%)
1h -0.36%
24h -3.44%
7d 3.41%
14d 4.88%
30d 28.50%
1y -75.87%
IOTA is a distributed ledger for the Internet of Things. The first ledger with microtransactions without fees as well as secure data transfer. Quantum proof. IOTA is a ground breaking new open-source distributed ledger that does not use a blockchain. Its innovative new quantum-proof protocol, known as the Tangle, gives rise to unique new features like zero fees, infinite scalability, fast transactions, secure data transfer and many others. IOTA is initially focused on serving as the backbone of the Internet-of-Things (IoT). IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions. It does, however, require some computational power to submit a transaction, making it perfect for machines to use as a currency and distributed communication protocol for the Internet of Things “IoT”. The main purpose of IOTA is to solve some of the major problems with Blockchain technology, the main one being that the bigger the Blockchain (such as Bitcoin), the slower, more expensive, and also more restricting it is to actually transfer funds. Another issue with the Blockchain is size, as more and more Blocks are added, the longer the Blockchain gets, and therefore the less amount of computers are able to mine it. Right now BTC is over 150GB long, and so is ETH. If this size increased tenfold, very few computers would be able to mine it at all. Making them relatively centralized (the top 2 Bitcoin mining pools own about 56% of hashing power).
News about IOTA
IOTA Makes It To Final Phase Of European Blockchain Pre-Commercial Procurement
thecryptobasic.com • 3 months ago
IOTA Foundation Named One of 10 Notable Blockchain Entities in Germany by EU Blockchain Forum
thecryptobasic.com • 3 months ago
David Gokhshtein's Still Got Bags of DOGE, Cardano Creator Urges IOTA’s Co-founder to Debate, SHIB to Be Burned via Amazon in New Way: Crypto News Digest by U.Today
u.today • 4 months ago
Cardano Creator Challenges IOTA Co-Founder Dominik Schiener to Debate: Details
u.today • 4 months ago
IOTA Launches Shimmer Network for Zero Fee Asset Tokenization
beincrypto.com • 4 months ago
IOTA to Feature New Token as Price Spikes with 900% Volume Inflow
u.today • 4 months ago