What is IOTA?
IOTA (MIOTA) is a project built on the vision of monetizing potential resources on the Internet of Things. IOTA looks out in being the backbone of a "economy of machines" that the internet of things could foster. MIOTA transactions are noted as being free, this way allowing for micropayments to be facilitated. The technology used is described "blockless" which IOTA advertises as being scalable while maintaining aspects of a distributed ledger. The network's core functions would include microtransactions, data transfer, voting and verifiable "masked" messaging through encrypted "broadcasting" between nodes. All the aforementioned are contributing to allowing IOTA become a platform for providing everything as a service, with the underlying technology seeking to cover use cases for anything that would need a scalable ledger.
|Market Name||Traded On||Average Price||24h Volume|
Fundamental Cryptocurrency Data
|Circulating supply||2,779,530,283 MIOTA|
|Total Supply||2,779,530,283 MIOTA|
|Trading volume of all markets for this coin||$139,287,975|
|IOTA MIOTA Prices||
0.00 XAU (= 0.00) grams GOLD
0.12 XAG (= 3.40) grams SILVER
|Marketcap|| 637,930 BTC|
120,675.13 kg gold
9,434,962.98 kg silver