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

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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..
IOTA's current price is $0.258 USD. In the past 24 hours, IOTA's price has decreased by -2.5 percents..
Name (Ticker)
IOTA (MIOTA)
Price (USD)
$0.258179252085
Rank
65
Active Supply
2.8 billion
Total Supply
2.8 billion
Max Supply
2.8 billion
Volume(24H)
10.1 million
Market cap
717.6 million
Fun Name
Fast and Free
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IOTA (MIOTA) Chart

Pros of IOTA (MIOTA)

  • Faster transaction
  • No fees even on micro transaction

Cons of IOTA (MIOTA)

  • There ticker is bigger than there name
  • Not backed

IOTA (MIOTA) 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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