IOTA Price & Charts

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  • VW’s master plan - Mobility for All June 18, 2018
    submitted by /u/Caesar2017 [link] [comments]
  • Sent Iota but balance didn't change June 18, 2018
    I sent some Iota to BFX 7h~ ago when I check the explorer I can see its still pending and I want to rebroadcast/reattach but the wallet is still showing the old balance even though I've switched nodes and there's no history showing that I sent it. What should I do now? submitted by /u/H3lloPanda […]
  • Volkswagen 2019 June 17, 2018
    Can someone link me the video of Volkswagen announcing the statement of them releasing iota electric cars in 2019? submitted by /u/IOTA-the_future [link] [comments]
  • IOTA labeled as a TOP3 cryptocurrency in an interview of the German Federal Printing Office [German] June 17, 2018
    submitted by /u/AgentDark87 [link] [comments]
  • Musings on FP and Abra's potential. June 17, 2018
    Abra: Intermediate trinary-based functional programming language used to describe a qubic’s behavior. SOURCE To complete the definition, let's quickly define a qubic, a function, and functional programming. Qubic: A packaged processing task that can be run by an oracle machine. SOURCE Function (Incomplete Definition): a process or a relation that associates each element x, to […]
  • Why VW, Microsoft, Fujitsu prefer IOTA over Ethereum? June 17, 2018
    Companies such as Fujitsu, Microsoft, Intel, Google, NEC, Raytheon, NTT, Nokia, BT, Airbus, Lockheed Martin, Booz Allen Hamilton, Mitsubishi, HP, SK Telecom, Alibaba, and KPN are all working hard in developing impressive quantum computing technologies. Even Volkswagen scientists at the San Francisco CODE lab says "We are working hard to develop potential of quantum computers." […]
  • Happy birthday Sunday Banter & Sonntagsplausch June 17, 2018
    submitted by /u/boomlas [link] [comments]
  • Tine wants to use IOTA for gathering data from cows and milk production. June 17, 2018
    IOTA is mentioned in the Norwegian news paper, "Dagens næringsliv(DN)" submitted by /u/metak1ng [link] [comments]
  • Iota use case June 17, 2018
    submitted by /u/rishab8 [link] [comments]
  • Now the cow must earn cryptovaluta on data June 17, 2018
    submitted by /u/i0tal0ver [link] [comments]

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What Is IOTA ?

IOTA is a technology that allows transactions and communications of devices without fees. The full meaning is “Internet of Things Application.” IOTA is different from other cryptocurrencies based on the fact that, it makes use of distributed ledger called “Tangle” instead of the blockchain. Tangle ledger is designed to sort out transactions at no cost so that trading with devices can be done at zero fees and also store data securely at the ledger. The reasons given by the founders for not using blockchain is that blockchain cannot handle micro payments and cannot be scaled. IOTA architecture can allow both Micro and Nano transactions on their ledger. Another notable feature in IOTA technology is the decoupling of consensus from its’ token meaning IOTA does not need miners to operate. It is decentralized ledger that is self-regulatory.

David Sønstebø is the head of IOTA; David believes technology is the best way to improve the world from a practical point of view,
Notable names in IOTA team are David Sønstebø (IOTA founder), Dominik Schiener, Serguei Popov and Sergey Ivancheglo.
• It does Micro and Nano transactions, unlike other cryptocurrency’ blockchains.
• It is used for electronic voting because of its privacy functionality.
• It does mask messaging, and it is commonly used for intelligence gathering.
• It facilitates online trade transactions and other e-related business.
• It does any service that requires scalable ledger.
• It transfers data in a secured and transparent manner.
IOTA is different from other cryptocurrencies in many ways. There is no mining, it is already pre-mined, self-regulated and there are no fees. There are no blocks but uses Proof of Works(PoW). And as a result, we don’t have the incentive to earn money with mining at all.
IOTA’s rise in market capitalization can be attributed to two reasons. The reasons are:
1.Investors’ confidence in their revolutionary Technology: Many investors believe that their innovative technology can be a propelling factor, to dominate the coin market sensationally. They don’t use blockchain rather what, they called “Tangle” that works in a distributed ledger. The transactions are secure, and funds can be transferred at the speed of light. It goes on and on.
2. Bitfinex sole proprietorship of its exchange and their ban on US customers. Bitfinex is the only place where IOTA coins can be exchanged. Recently, Bitfinex announced its’ termination of service to US customers and the news created a lot of anxiety to investors and crypto market at large. Investors started withdrawing their funds from Bitfinex, and they also started buying IOTA coins in large numbers thereby creating artificial scarcity. The demand for IOTA coins became so high that , the price skyrocketed to an all-time high. The volume exchange for today is approximately $1.65m price market cap.
Financial analysts have predicted a continuous hyper-rise of IOTA coins to up to 20,000% within the next three months.

This little report about IOTA should not be seen as an endorsement to invest. Cryptocurrency investment is speculative, and it involves unquantifiable risks – the market is full of uncertainty, susceptible to attack and capital loss, and sensitive to secondary issues, time may do not permit to mention here.
Seek advice before investing.