IOTA – MIOTA

IOTA Info
Today Price 0.296569$
ATH (ALL TIME HIGH) 5.25$
ATH Price Percentage Change To Now -94.345196212997%
ATH Date 2017-12-19T00:00:00.000Z
ATL (ALL TIME LOW) 0.081637$
ATL Price Percentage Change To Now 263.57%
ATL Date 2020-03-13T02:22:41.168Z
Market Cap 822822751$
Total Volume 46027103$
High 24h 0.313685$
Low 24h 0.292814$
Price Change Percentage in 7 Day 13.20583%
Price Change Percentage in 30 Day 8.20128%
Price Change Percentage in 60 Day -5.00357%
Price Change Percentage in 200 Day -58.45524%
Price Change Percentage in a Year -73.98221%

IOTA is the Number 58 Cryptocurrency in the World.
The 0.296569 symbol is miota and Market Cap is 822822751 Dollars.
miota ATH Was 5.25 at 2017-12-19T00:00:00.000Z and ATL was 0.081637 at 2020-03-13T02:22:41.168Z.
In the last 24h, miota high was 0.313685$ And the low was 0.292814$

IOTA is a distributed ledger for the Internet of Things. The first ledger with microtransactions without fees as well as secure data transfer. Quantum proof. IOTA is a ground breaking new open-source distributed ledger that does not use a blockchain. Its innovative new quantum-proof protocol, known as the Tangle, gives rise to unique new features like zero fees, infinite scalability, fast transactions, secure data transfer and many others. IOTA is initially focused on serving as the backbone of the Internet-of-Things (IoT).

IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions. It does, however, require some computational power to submit a transaction, making it perfect for machines to use as a currency and distributed communication protocol for the Internet of Things “IoT”. The main purpose of IOTA is to solve some of the major problems with Blockchain technology, the main one being that the bigger the Blockchain (such as Bitcoin), the slower, more expensive, and also more restricting it is to actually transfer funds. Another issue with the Blockchain is size, as more and more Blocks are added, the longer the Blockchain gets, and therefore the less amount of computers are able to mine it. Right now BTC is over 150GB long, and so is ETH. If this size increased tenfold, very few computers would be able to mine it at all. Making them relatively centralized (the top 2 Bitcoin mining pools own about 56% of hashing power).

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