What is Iota (IoT) in cryptocurrencies?
I've heard about a cryptocurrency called Iota, which is related to the Internet of Things (IoT). I'm curious to understand what IOTA is and how it relates to IoT in the world of cryptocurrencies.
What coin is IOTA?
IOTA is a cryptocurrency that focuses on solving machine-to-machine (M2M) transaction issues, aiming to build the blueprint for a future machine economy. It utilizes a unique technology called Tangle, which is based on a directed acyclic graph (DAG) structure, instead of the traditional blockchain. This allows IOTA to offer efficient, secure, lightweight, real-time microtransactions without incurring transaction fees.
What price can IOTA reach?
I'm wondering about the potential price that IOTA could reach in the future. I'd like to know what experts or analysts are predicting for its value.
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 was the high price for IOTA?
I am curious about the highest price that IOTA has reached in the market. I would like to know the peak value it attained.