IOTA is an open-source distributed ledger protocol launched in 2015 that goes ‘beyond blockchain’ through its core invention of the blockless ‘Tangle’. The IOTA Tangle is a quantum-resistant Directed Acyclic Graph (DAG), whose digital currency ‘iota’ has a fixed money supply with zero inflationary cost.

IOTA uniquely offers zero-fee transactions & no fixed limit on how many transactions can be confirmed per second. Scaling limitations have been removed, since throughput grows in conjunction with activity; the more activity, the more transactions can be processed & the faster the network. Further, unlike blockchain architecture, IOTA has no separation between users and validators (miners / stakers); rather, validation is an intrinsic property of using the ledger, thus avoiding centralization.

IOTA is focused on being useful for the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro-/nano- payments, and other applications where a scalable decentralized system is warranted.

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Coin’s Details

  • Market Capitalization

    $598.46 M

  • Fully diluted valuation

    $0.0

  • Volume 24H

    $7.51 M

  • Circulating supply

    2 779 530 283

  • Total supply

    2 779 530 283

  • Circ. percent

    100.0%

  • All-time high

    $5.25 (-95.9%)

  • All-time high date

    Dec 19th, 2017

  • All-time low

    $0.0816 (163%)

  • All-time low date

    Mar 13th, 2020

  • First announced

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