IOTA-MIOTA

$0.33
$0.01642 +5.21%
$0.33
24H High
$0.31
24H Low
$3034.05M
24H Vol

Base Info

  • Max Supply
    2779530283 MIOTA
  • Total Supply
    2779530283 MIOTA
  • Circulating Supply
    2779530283 MIOTA
  • MarketCap
    $92229.04M

IOTA-MIOTA Introduction

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).