IOTA
MIOTA
Crypto
Decentralised Networks
USD 0.29-0.61%
IOTA
UMushroom community rating:
About
Decentralised Networks
Categoryn/a
Consensus MechanismL1
L1/L2Other
Sub-cateegoryn/a
Ecosystem2015
Year of creation
Description
IOTA (MIOTA) is a Decentralised Networks crypto coin. IOTA`s origin block was generated on 2015-11-25. More information can be found at https://www.iota.org/.
Key Technical Advantages:
IOTA Tangle: IOTA is built on the IOTA Tangle, an open, feeless, and highly scalable distributed ledger protocol. The Tangle is based on a directed acyclic graph (DAG) which allows for the parallel processing of transactions, providing better flexibility and scalability compared to traditional blockchain technology. Security: IOTA secures data with state-of-the-art cryptography, ensuring that all transactions are conducted using safe cryptographic encryptions. Additionally, the Stronghold framework offers built-in security for privacy-critical functions, such as private/public key management and device collaboration. Lightweight: IOTA is lightweight and has low hardware/processor requirements, making it suitable for a wide range of devices, including edge devices and single-board computers. Its low energy consumption is ideal for IoT applications. Feeless: IOTA's protocol is free of transaction fees, allowing for frictionless transactions of data and value. The separate transfer of data and value is also possible, enabling network participants to execute data transactions without attaching a value to it. Extensible Frameworks: IOTA offers extensible frameworks like IOTA Identity and IOTA Streams, providing solutions for digital identity management, secure data sharing, and more. These frameworks enable businesses to build tailored solutions for various use cases without starting from scratch. Content summarized by AI chatbotSource:
https://iota.org/IOTA_Whitepaper.pdfKey figures
7.60%1Y
-71.8%3Y
85.9%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
30.08.2022
USD 5.25
All Time High
5.59%
% of All Time High
-98.07%All Time
-56.85%1 year
Max drawdown
#95
Ranking by Market Cap
1,084.43 M
Market cap (USD)
0.00%
% of Market
900.444 B
Category Market Cap (USD)
0.12%
% of Category
3554846536
Circulating Supply
3554846536
Liquid Supply
100.00%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
87922929
Volume Traded
12.09%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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