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IOTA (MIOTA) Ranked 18 in Coin Market Daddy Currencies Index. IOTA (MIOTA) price is $0.250148. It has a current circulating supply of 2,779,530,283 MIOTA and a Marketcap of $695.29M. Today IOTA price is down (-0.04%). $2.05M worth of IOTA (MIOTA) has been traded in the past 24 hours. IOTA (MIOTA) currency type is coin. MIOTA trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update IOTA (MIOTA) and contribute to CMD Cryptocurrency Encyclopedia.
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).