IOTA (MIOTA) is designed to provide perfect value and data transfer between machine and human. This is done through an open-source, scalable distributed open book (ledger). All this with free transactions, secure data and resource utilisation.
IOTA aims to democratise and power the Internet of Things (IoT)
The network is designed to provide secure payments, also for good communication between computers.
The IOTA network is built on the Tangle Ledger. This system ensures that even without people, the internet can continue.
IOTA statistics from the last 24 hours
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IOTA entered the crypto market in 2017 and quickly suffered a 40% dip. This while the other cryptos were already entering a bull market. Several months also followed IOTA which caused the price to hit €3.39. This soon followed with a drop to €0.11.
IOTA also followed the latest bullrun which caused the share price to reach €1.64. Soon, the share price dropped back to €0.25.