IOTA (MIOTA) Review, Price, Market Cap and more | Coinopsy

IOTA (MIOTA)

IOTA (MIOTA) - Fast and Free

IOTA has been build to be fast with no fees even with micro transactions and to be scalable as more people use the currency..
Pros Cons Related Cryptos Review
IOTA's current price is $0.326 USD. In the past 24 hours, IOTA's price has decreased by -5.2 percents..
MIOTA
Name (Ticker)
IOTA (MIOTA)
Price (USD)
$0.32579514295575
Rank
55
Active Supply
2.8 billion
Total Supply
2.8 billion
Max Supply
2.8 billion
Volume(24H)
27.5 million
Market cap
905.6 million
Fun Name
Fast and Free
Website Links
Social Links
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Chart

Pros

  • Faster transaction
  • No fees even on micro transaction

Cons

  • There ticker is bigger than there name
  • Not backed

Review

Fees and Transactions

IOTA is in it’s own bracket with quick transactions and no fees. This is a good start to any currency, one problem I can see with no fees is a chance of hacking due to low verification input. But there could be a work around so it is not a bad factor at this stage.

Speed

IOTA claims that as there coin grows they will be able to handle the load with ease. Other coins like bitcoin have been bogged down with too many transaction, that can take over 30 min.

Company Message

(iota.org)The main innovation behind IOTA is 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.

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