Cryptocurrencies: 21626
Markets: 82789
Market Cap: $2,633,663,709,323     
24h Vol: $77,053,290,649
1 IOTA (MIOTA) Rank 75
$0.151953
IOTA (MIOTA) Rank 75
Website Reddit Twitter
2,779,530,283 MIOTA

IOTA (MIOTA)

IOTA (MIOTA)

MIOTA

IOTA (MIOTA) Price
$0.15

IOTA (MIOTA) 24h Vol
$5,836,817

IOTA (MIOTA) Market Cap
$422,357,281

IOTA (MIOTA) Circulating
2,779,530,283

Full Name
IOTA (MIOTA)
Symbol
MIOTA
Algorithm
BTC Price
0.00000550 BTC
BTC Market
15,286 BTC
BTC 24h Vol
211 BTC
Total Coins Mined
2,779,530,283 MIOTA
1h
-0.1 %
24h
1.22 %
7d
1.18 %

Description

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). For a more in depth look at the technical design of IOTA read their https://iota.org/IOTA_Whitepaper.pdf

The total supply of IOTA is (3^33 - 1) / 2 = 2,779,530,283,277,761 tokens. This value is optimized for ternary computation - it is the largest possible 33-digit ternary number:

111,111,111,111,111,111,111,111,111,111,111 (base-3) = 2,779,530,283,277,761 (base-10)

The total IOTA token supply was "minted" on the genesis transaction and will never change. It is now impossible for anyone to "mint" or "mine" new IOTA tokens.

IOTA uses the International System of Units (or SI units):

Full Name IOTA (MIOTA)
Start Date N/A
Algorithm N/A
Proof Type Tangl
Website iota.org/
Twitter @iotatoken
Facebook N/A
Reddit www.reddit.com/r/iota/
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 2,779,530,283 MIOTA
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
Features

Micro transactions

For the first time ever true micro and even nano-transactions are enabled due to the unique IOTA Tangle architecture, providing developers with a brand new set of tools for their applications in both IoT and Web. This nurtures brand new business opportunities for companies that prohibitive fees has kept in the realm of the impossible until now.

Data transfer

Core feature of IOTA is the ability to transfer data through the Tangle. IOTA gives you several options to do so, making it possible to establish secure and authenticated communication channels between devices. All data which is transferred through IOTA is fully authenticated and tamper-proof - making attacks impossible.

Voting

Although IOTA is uniquely suited for the Internet-of-Things, the Tangle enables a variety of different use cases that involve secure data transmission, especially for eGovernance. An important part of this sector is e-Voting. The exploration into this field of use-cases has already begun by several companies and academics.

Masked messaging

As the first extensible module of the IOTA core, MAM enables nodes to exchange data through the Tangle, fully authenticated and encrypted. This means that your devices can transmit valuable and sensitive data with quantum-proof security through the Tangle, ready to be analyzed later. MAM makes it possible to share data with multiple parties easily, similar to a radio, multiple parties can simply tune in on your frequency and get the broadcast data.

 Leasing anything with a Chip

While the whole world has adopted the ‘Sharing Economy’ in areas like driving and accommodation, IOTA enables a whole new realm where anything with a chip in it can be leased in real time. Most of our belongings stay idle for the vast majority of time that we possess ownership of it, but through IOTA a lot of these things like Appliances, Tools, Drones, eBikes etc. and resources such as computer storage, computational power, WiFi bandwidth etc. can be turned into leasing-services effortlessly.

ICO Details

ICO Details


The initial coin offering (ICO) for IOTA crypto token (IOTA) was in 2015. The token started being traded June 2017 by Bitfinex. The exchanged admitted to have been following the development of IOTA for the last year and has publicly supported the project.

 

ICO Status Finished
Token Supply 2779530283
Start Date 2015-11-25
End Date 2015-11-25
Fund Raised (BTC) N/A
Fund Raised (USD) 0.434511
Start Price (USD) N/A
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog N/A
White Paper iota.org/IOTA_Whitepaper.pdf
IOTA (MIOTA) News
IOTA Altcoin Gears Up for Potential Rally

IOTA Altcoin Gears Up for Potential Rally

IOTA shows signs of renewed strength after consolidation. Analysts anticipate a significant rally if key trendline is breached.Continue Reading:IOTA Altcoin Gears Up for Potential Rally

access time image 02-12-2024 23:31

Expectations for RON, AVAX, and IOTA as Cryptocurrency Market Preps for February

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Three top 100 cryptocurrencies are drawing attention as market winners. IOTA shows recovery signs; RON Coin rallies on Binance listing rumors.Continue Reading:Expectations for RON, AVAX, and IOTA as Cryptocurrency Market Preps for February

access time image 01-28-2024 10:36

IOTA (MIOTA) Excites Investors with Upcoming Developments

IOTA (MIOTA) Excites Investors with Upcoming Developments

IOTA's founder announced significant updates, spurring a 12% price increase. Technical analysis suggests potential for IOTA to reach $1.20 mid-term.Continue Reading:IOTA (MIOTA) Excites Investors with Upcoming Developments

access time image 01-25-2024 17:26

IOTA Foundation’s Pioneering Move: Establishing the First DLT Organization in Abu Dhabi

IOTA Foundation’s Pioneering Move: Establishing the First DLT Organization in Abu Dhabi

Following the announcement of the establishment and registration of the IOTA Ecosystem DLT Foundation in Abu Dhabi, the local IOTA token experienced a 43% increase on November 29. This development positions IOTA as the first Distributed Ledger Technology organization regulated by the Abu Dhabi Global Market (ADGM).The post IOTA Foundation’s Pioneering Move: Establishing the First DLT Organization in Abu Dhabi appeared first on COINTURK NEWS.

access time image 11-30-2023 20:59

IOTA Token Supply to Increase: Impact on Price and Future Plans

IOTA Token Supply to Increase: Impact on Price and Future Plans

Following today’s radical announcement, the price of the altcoin has dropped by nearly 5%. But how will the supply increase?The post IOTA Token Supply to Increase: Impact on Price and Future Plans appeared first on COINTURK NEWS.

access time image 09-15-2023 15:45

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