IOTA

IOTA (MIOTA)

Rate in usd

$ 0.21234 (+10.23%)

MIOTA (+10.23%)
LOW 24H
$ 0.1910
MAX SUPPLY
$ 590.21 M
HASHRATING ALGORITHM
N/A
BLOCK NUMBER
0
HIGH 24H
$ 0.2321
CURRENT SUPPLY
MIOTA 2,779,530,283.3
PROOF TYPE
PoW
BLOCK REWARD
0

IOTA, an open-source distributed ledger protocol, stands apart from traditional blockchain technologies with its blockless Tangle, a DAG (Directed Acyclic Graph). IOTA was conceived to serve as the growing IoT’s backbone. This imposes no charges on transactions and no fixed limits on the number of transactions which can be validated each second within the network. The more activity that takes place in the IOTA network, the faster it will run, and there’s no separation between validators and the users. Instead, validation is an intrinsic element of the ledger, ensuring decentralization.

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