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Nicola Nicola Thu Oct 24 2024 | 7 answers 1434

What is IOTA a cryptocurrency for Internet of things?

IOTA is a decentralized cryptocurrency specifically designed for the Internet of Things (IoT). It utilizes a unique technology called Tangle, which allows for high scalability, fast transactions, and zero fees, making it ideal for machine-to-machine communication and micropayments. Its native token, MIOTA, powers the platform and has a total supply of over 2.7 billion coins in circulation.

What is IOTA a cryptocurrency for Internet of things?

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