Everything about IOTA (IOTA) cryptocurrency :
IOTA
IOTA is transaction settlement and data transfer layer for the Internet of Things (IoT).
1. Project introduction
IOTA is an open-source distributed ledger protocol launched in 2015 that goes ‚beyond blockchain "through its core invention of the blockless ‚Tangle". The IOTA Tangle is a quantum-resistant Directed Acyclic Graph (DAG).
IOTA uniquely offers zero-fee transactions & no fixed limit on how many transactions can be confirmed per second. Scaling limitations have been removed, since throughput grows in conjunction with activity; the more activity, the more transactions can be processed & the faster the network. Further, unlike blockchain architecture, IOTA has no separation between users and validators (miners / stakers); rather, validation is an intrinsic property of using the ledger, thus avoiding centralization.
IOTA is focused on being useful for the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro / nano-payments, and other applications where a scalable decentralized system is warranted.
2. Team introduction
Founder & Co-chairman: David Sønstebø
Linkedin: https://www.linkedin.com/in/david-s%C3%B8nsteb%C3%B8-760319a5/
Founder & Co-chairman: Dominik Schiener
Linkedin: https://www.linkedin.com/in/schiener/
Founder: Serguei Popov
Linkedin: https://www.linkedin.com/in/serguei-popov-631bb762/
3. Investment institution
Blocktree capital, Outlier ventures, Ledger VC, etc.
4. Application and distribution
Total supply: 100 billion
Token application:
IOTA can be used for peer-to-peer payments and value storage within the IOTA network. Its intended use will be for machine-to-machine transactions between IoT devices.
Token distribution:
Early Participant: 10%
IOTA Foundation: 20%
Community DAO: 40%
Ecosystem Dev. Fund: 10%
IOTA Stakers: 20%
Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.
The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.