Market cap $274.2B
24h volume $ 15.5B
BTC dominance $ 40.29%
CryptoCurrency Market Сharts
IOTA

IOTA (MIOTA)

9 rank
MarketCap $3 273 758 563,00
Volume $66 808 800,00
24 high 1,24
24 low 1,16
1d
7d
1m
6m
1y
All

IOTA number 9 cryptocurrency in the world with capitalization over 3 273 758 563,00 USD. Trading volume for the last 24 hours is 66 808 800,00 USD. Allcoinstat accumulates IOTA trade data from 13 exchanges.

Arbitrage

IOTA markets

Overview

IOTA is an open-source distributed ledger. It uses a directed acyclic graph (DAG) instead of a blockchain. Transactions are transmitted between users and are confirmed by a central Coordinator. Transactions are considered confirmed when the Coordinator has included the transaction in its set of released milestones. In order to send a transaction, a user must validate two other transactions on the network. A sent transaction must accumulate a sufficient level of verification (i.e. must be validated a sufficient number of times by other users) in order to be accepted as “confirmed” by its recipient. The system works with a central or single administrator called the Coordinator, without which the network is not sufficiently secured in its early stages. The Coordinator is meant to be removed later when network is sufficiently large. Iota addresses the scalability and transaction cost concerns inherent in other distributed ledger technologies which are based on a block-chain.