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

It's Friday! And our first #IOTATalks with @DomSchiener and @DanSimerman starts in one hour. Come ask questions and hear about the current market and #IOTA today! Join us at https://youtu.be/okZ6ofx2F-M

Learn how to use Zebra Savanna & the #IOTA Track and Trace Ledger API! Our team & the @ZebraDevs team will explain how to use the Zebra API & will show a use case on Track & Trace of goods in #supplychains. Jan 20 at 5PM CET. Register for the free webinar: https://register.gotowebinar.com/register/880939022956505614?source=IOTA

Dev Update, January 2021 - The year has just begun and a lot is happening at #IOTA! The engineering team is focused on #Chrysalis phase 2. Check the latest news of all our key projects, including #Pollen, #Bee, #Hornet, #SmartContracts & more. http://blog.iota.org/dev-status-update-january-2021/

The #Hornet team has done amazing work in developing the most robust and scalable #IOTA node software. The 1000 commits milestone on the #GitHub repo is bringing #Chrysalis closer than ever! https://github.com/gohornet/hornet/tree/develop
#MachineEconomy

With so much happening in #IOTA, we want to give our community a new format to engage with the team: IOTA Talks, hosted by @DomSchiener. This Friday at 7PM CET he will be joined by @DanSimerman. Ask your questions here, using #IOTATalks: https://jdeas.it/?locale=en
#IOTACommunity

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