IOTA – Rating, MIOTA Current Price, Marketcap

Current Rating 24
Symbol MIOTA
Price change, 1 hour 0.42%
Price change, 24 hours 0.55%
Price change, 7 days -3.21%
Current price, USD 0.19
Market capitalization, USD: 541 883 437
Available supply, MIOTA: 2 779 530 283
Volume 24 hours, USD: 14 426 654

The idea behind IOTA is to create a payment technology for the emerging IoT (Internet of Things) markets. This cryptocurrency was created on a distributed ledger algorithm called “The Tangle”. IOTA has a lot of advantages: transactions are cost free, confirmation is fast, scalability is unlimited, and its potential usage is huge (though its machine-to-machine aspect can also put off some investors). The cryptocurrency started trading in June 2017 and has gone 446% up since then with info of its latest partnership with Microsoft acting as price rally trigger. 

The main innovation behind IOTA is the Tangle, a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value without any fees. Contrary to today's Blockchains, consensus is no-longer decoupled but instead an intrinsic part of the system, leading to decentralized and self-regulating peer-to-peer network.

The IOTA Tangle is a Directed Acyclic Graph which has no fees on transactions and no fixed limit on how many transactions can be confirmed per second in the network; instead, the throughput grows in conjunction with activity in the network; i.e., the more activity, the faster the network.

IOTA (IOTA) is a distributed ledger for the Internet of Things that uses a directed acyclic graph (DAG) instead of a conventional blockchain. Its quantum-proof protocol, Tangle, reportedly brings benefits like 'zero fees, infinite scalability, fast transactions, and secure data transfer'.

By solving the inefficiencies of the Blockchain, IOTA, based on the revolutionary distributed ledger technology, the Tangle, is the missing link for the Internet of Everything and Web 3.0. Powering a secure, scalable and feeless transaction settlement layer, IOTA will empower machines and humans to participate in flourishing new permissionless economies - the most important one being the Machine Economy which we are building.

IOTA’s distributed ledger, by contrast, does not consist of transactions grouped into blocks and stored in sequential chains, but as a stream of individual transactions entangled together.

FxPro
20 May, 2020   FxProStruck in sideway or breaking down-trend?

Bitcoin has been forming a sideways price trend of around $9,700 over the last three days. This can be considered bad news for the first cryptocurrency, as for the...

FxPro
19 May, 2020   FxProBitcoin: fighting to break the global downtrend

Bitcoin starts the week on a positive note, adding 3% in the last 24 hours and changes hands for $9,800. At the moment, the most crucial struggle for the first...

FIBO Group
18 May, 2020   FIBO GroupBitcoin needs to break $10000 mark

Bitcoin's latest run towards the $10,000 mark will be watched closely by the market to see it it is finally able to break this key resistance level, something...

FxPro
14 May, 2020   FxProBitcoin defies gravity

Bitcoin defies gravity, adding 7% in the last 24 hours to $9,500 at 09:00 GMT. Along with the price, the trading volume increased by 12%, which...

FxPro
13 May, 2020   FxProBitcoin lost its driver

Bitcoin adds 2% in the last 24 hours to $8,900. Bulls tend to cling to $9,000, but the current growth comes with a 28% decline in trading volumes over the past 24 hours...

Grand Capital
11 May, 2020   Grand CapitalBitcoin halving: what to expect? Will it drop the price?

On May 12th, mining the original cryptocurrency - bitcoin - will become twice less profitable. The previous two instances of halving led to a high volatility...


FIBO Group
7 May, 2020   FIBO GroupHalving: Huge prediction for Bitcoin

Bitcoin has continued on its mega rally in today's trading session, comfortably passing through the $9000 mark which continues the remarkable recovery of the worlds favourite...

Libertex
1 May, 2020   LibertexBitcoin & co., what are they ultimately for?

I am often asked if I have a favourable or unfavourable opinion regarding the world of cryptocurrencies. I answer them with a question: Do you know what Bitcoin is for?...

FxPro
1 May, 2020   FxProBitcoin grows, knocking down obstacles one by one

Coronavirus has receded a little, clearing the room for other news events, among which is halving in the Bitcoin network. There are only 12 days left until...