24h volume

$59.7 B

AltCoin M.Cap

$78.5 B

Total M.Cap

$226.3 B
miota
MIOTA (IOT)
$0.26736 0.000033 -2.04%
IOT
Price
$0.26736
0.000033-2.04%
24 Hr. High
$0.41124
Circulating Supply
2.78 B
Market Cap.
$743.14 M
24 Hr. Volume
$5.36 M
24 Hr. Low
$0.41124

About

IOTA is an open-source distributed ledger protocol that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. The IOTA Tangle is a quantum-proof Directed Acyclic Graph, with no fees on transactions & no fixed limit on how many transactions can be confirmed per second in the network. Instead, throughput grows in conjunction with activity in the network; the more activity, the faster the network. Unlike blockchain architecture, IOTA has no separation between users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. IOTA is initially focused on serving as the backbone of the emerging Internet-of-Things (IoT). For a more in depth look at the technical design of IOTA read their https://iota.org/IOTA_Whitepaper.pdf

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