IOTA current price is $0.4079.


IOTA current price is $0.4079 with a marketcap of $1.14 B. Its price is -9.10% down in last 24 hours.


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  • iota
    IOTA (MIOTA)
  • Live Price
    $0.4079
  • 24h %
    -9.10%
  • Market Cap
    $1.14 B
  • Volume
    $86.93 M
  • Available Supply
    2.78 B MIOTA
  • Rank
    38

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Background about the Coin

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).

Twitter News Feed

If you missed it, it's up on our Zebra Dev playlist here http://social.zebra.com/6016pSQ0w Thank you again to #IOTA for joining us on this informative talk on the Track and Trace LEdge #API.

One hour away to another #IOTATalks! Starting at 7PM CET, head over to https://youtu.be/i0E6ibZDd_E to watch @DomSchiener & @Mat_Yarger discuss #DLT protocols, frameworks and dApps. Don't forget to subscribe to our YouTube channel to get all the latest videos. #IOTACommunity

Chrysalis weekly update, January 22 - The update of the #Chrysalis phase 2 public testnet, new implementations on #Bee and #Hornet and the audit of #Firefly are some of the updates. Check everything that happened in the past days here: http://blog.iota.org/chrysalis-update-january-22/
#IOTA

For those who could not join us, the recording of the #IOTAExperience Stronghold kickoff meeting is now available! Learn about #IOTAStronghold and the goals of this new initiative with the #IOTACommunity and participate: https://youtu.be/GXh97AIHEDo
#IOTA

We're proud to announce the strategic agreement with South Korean @observerfounda1 and @Tanglehub_eu to jointly apply for #smartcity projects within #SouthKorea and #SoutheastAsia. http://blog.iota.org/iota-foundation-signs-strategic-agreement-with-south-korean-obsr-foundation-and-tanglehub/
#IOTA

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