- IOTA is a permissionless distributed ledger "for a new economy". IOTA was conceptualized in 2015 and officially released in June 2017.
- It targets the Internet of Things, through the use of an open-source distributed ledger. IOTA aims at supporting the growth of a machine economy by enabling "fee-less machine-to-machine payments", offering greater scalability than blockchain networks.
- IOTA relies on the Tangle, which is a Directed Acyclic Graph (DAG). Unlike blockchains, DAGs do not rely on blocks, miners, nor a concept of a chain. Instead, a DAG is a network of transactions that are linked to each other in a tree-shape network.
- According to the team, core features include: improved scalability (network activity is negatively correlated with settlement times), low resource requirements, zero-fee transactions, secure data transfers (through encryption), the addition of offline transactions, and quantum immunity.
Ranking 35/39 IOTA Price $1.19 Price Change 24h $0.08342 24h Low / 24h High $1.09 / $1.29 24 Hour Trading Vol $156,038,380.59 Market Cap $3,283,047,636.62 Max Supply 2,779,530,283 Circulating Supply 2,779,530,283 IOTA Price History 7d Low / 7d High$0.6767 / $1.40 30d Low / 30d High$0.6767 / $2.39 90d Low / 90d High$0.6767 / $2.68 52 Week Low / 52 Week High$0.1936 / $2.68 All Time High $5.69 Website http://iota.org/ About IOTA Technical Analysis IOTA/USDT