IOTA coin live chart

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What is IOTA coinIOTA

IOTA is a revolutionary, open-source based, distributed ledger protocol. IOTA in opposite to other crypto project is not a blockchain one. 

IOTA is invented to be “Scalable, Decentralized, Modular, and with No Fees”. This technology is to serve the backbone of the emerging Internet-of-Things (IoT).

The most important concept of IOTA is the Tangle.

The Tangle

The main innovation behind IOTA seems to be the Tangle – a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value without any fees.

Contrary to today’s Blockchains, consensus is no-longer decoupled but instead an intrinsic part of the system, leading to decentralized and self-regulating peer-to-peer network

The Tangle ledger will be able to settle transactions with zero fees so devices can trade exact amounts of resources on-demand, as well as store data from sensors and dataloggers securely and verified on the ledger.

Where to buy IOTA token – markets

IOTA tokens are listed on several markets:

  1. Binance – the best option, supports US traders/investors, too
  2. Bitfinex – decent, reliable, plenty of markets
  3. Coinspot – for those of you from Australia

What is the best way of fiat currency transfer

When you transfer fiat money to cryptocurrency market and back you can use:

  1. CurrencyFair
  2. TransferWise

IOTA coin Wallets

IOTA cryptocurrency mining

IOTA coins are not mineable.

IOTA white paper

IOTA website – official IOTA forum

IOTA source code

IOTA Tangle explorer

IOTA Reddit

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