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IOTA – The Economy of Things, The Backbone of IOT

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  • IOTA – The Economy of Things, The Backbone of IOT

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    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. A new transaction that occurs on the network must validate at least two previous transactions before it itself can become validated

    IOTA is the technology where the "Tangle" is an algorithm utilizing MIOTA as a currency to make transactions.

    Community

    Blog - https://blog.iota.org/

    Facebook - https://www.facebook.com/iotatoken

    Twitter - https://twitter.com/iotatoken

    Reddit - https://www.reddit.com/r/Iota/

    Resources

    Github - https://github.com/iotaledger

    Wallet - https://github.com/iotaledger/wallet/releases

    Instructions to setup the wallet - https://www.reddit.com/r/Iota/commen...ructions_here/


    Market Capitalisation and Charts

    Coinmarketcap - https://coinmarketcap.com/currencies/iota/


    Specifications

    Ticker - MIOTA

    Algorithm - Tangle

    Max and Circulating Supply - 2,779,530,283 (2.78 Billion)

    All coins were created in the Genesis transaction.

    Some of the exchanges in which coin is traded are below.

    Binance

    Livecoin

    Bitfinex

    Bittrex

    The complete list can be found from here

    IOTA Markets
    Welcome to ADZbuzz!!
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