IOTA IOTA IOTA
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Show Coin Info
Price
0.195815 USD
% Change
0.67%
Market Cap
787M USD
Volume
22.6M USD
Circulating Supply
4.01B
140% from all time low
2581% to all time high
157% from all time low
1753% to all time high

IOTA Feed: Events, News & Roadmap

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IOTA Events on the Chart

What is IOTA?

IOTA is a distributed ledger technology (DLT) that uses a unique directed acyclic graph (DAG) architecture called the Tangle. It enables decentralized, secure, and direct data and value transfers without traditional blockchain limitations. IOTA’s open-source tools support Web3 applications for individuals, businesses, and institutions.

IOTA’s mechanism of operation relies on the Tangle, which allows parallel transaction processing and overcomes scalability issues found in traditional blockchains. Unlike standard blockchains, IOTA operates without miners or validators, ensuring transactions are fee-free and efficient. This structure enhances operational efficiency and security, making it suitable for handling high volumes of transactions.

MIOTA is the native token of the IOTA network, used to facilitate transactions and interactions within the ecosystem. Its fee-less nature enables cost-effective transactions, supporting IOTA’s mission of enabling scalable and secure decentralized applications.

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