Bitcoin Halving

IOTA

IOTA
Price
$0.339519
24 Hour % Change
1.74%
Market Cap
$943.70M
Volume (24h)
$18.16M
Linear
Log
to
1h12h1d1w1m3m1y
Key metrics
24 Hour Low
$0.320683
24 Hour High
$0.343948
Net change
$0.005806
24 Hour Open
$0.333924
All time high
$5.25
Total Supply
2.78B
Returns (24H)
1.74%
Returns (YTD)
110.92%
Volatility (30d)
1.09
Transaction Count (24h)
n/a
Average Transaction Fee (24h)
n/a
Value Transacted (24h)
n/a

About IOTA

Category
Software Platform
Value proposition
Software platform

IOTA is a cryptocurrency set up to allow data exchange between any data recording machine as part of the Internet of Things. IOTA is novel in that it doesn’t use a blockchain and instead enables a different type of system of a web of connections. The new system is called Tangle and is based on a type of cryptographic verification known as Directed Acyclic Graph (DAG). In order to make a transaction, the user must validate two previous transactions in the web. This means the system is proportional in speed to the number of transactions occurring.

Blockchain 101
Disclaimer

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Foundations - Consensus: Distributed