TL;DR
IOTA is a revolutionary decentralized ledger powered by Tangle, a Directed Acyclic Graph (DAG) network. Designed for the Internet of Things (IoT), it enables feeless, scalable transactions and machine interoperability without relying on traditional blockchain miners.
What Is IOTA?
IOTA is an open-source Distributed Ledger Technology (DLT) that replaces conventional blockchains with Tangle—a multidimensional, miner-free structure. Key features:
- Feeless transactions: Ideal for microtransactions in IoT ecosystems.
- Scalability: Transactions confirm faster as network activity grows.
- Decentralized validation: Users approve two past transactions to validate new ones.
The native cryptocurrency, MIOTA, has a fixed supply of 2.78 billion coins, pre-mined at launch.
History of IOTA
Founded in 2015 by David Sonstebo, Dominik Schiener, Dr. Serguei Popov, and Serge Ivancheglo, IOTA was built to power the Machine Economy, enabling seamless IoT device interactions.
How Does Tangle Work?
Unlike blockchains, Tangle uses a DAG framework:
- No miners: Transactions are validated by referencing two prior ones.
- Parallel processing: Multiple transactions confirm simultaneously, boosting speed.
- Zero fees: Eliminates cost barriers for IoT micropayments.
👉 Discover how Tangle outperforms blockchain scalability
Who Uses IOTA?
IOTA serves:
- IoT developers: Enables machine-to-machine payments (e.g., smart cities, supply chains).
- Governments: Taipei’s smart city project uses IOTA for decentralized IDs and healthcare data.
- Enterprises: Partners include Jaguar, Dell, and ENGIE Lab for IoT solutions.
IOTA’s Market Performance
- Price: $0.25 (as of writing).
- Market cap: $706 million.
- All-time high: $5.25 (December 2017).
Where to Buy IOTA (MIOTA)
Top exchanges:
- OKX
- Binance
- Bybit
Why IOTA Stands Out
✅ Deflationary supply: Fixed MIOTA cap enhances long-term value.
✅ Infinite scalability: Tangle handles increasing transactions seamlessly.
✅ Machine-ready: Built for IoT’s high-volume, low-value transactions.
FAQ Section
1. Is IOTA a blockchain?
No, IOTA uses Tangle—a DAG-based ledger that eliminates blocks and miners.
2. How fast are IOTA transactions?
Faster than most blockchains, with near-instant confirmations under high network load.
3. Can IOTA be mined?
No. All MIOTA were pre-mined and distributed at launch.
👉 Explore IOTA’s use cases in IoT
Conclusion
IOTA redefines decentralized ledgers with Tangle, offering feeless, scalable solutions for the IoT era. Its machine-first approach positions it as a cornerstone of the Internet of Everything.
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### **Key SEO Keywords**:
- IOTA
- Tangle
- Internet of Things (IoT)
- MIOTA
- Feeless transactions
- Decentralized ledger
- Machine Economy
- DAG technology
### **Optimizations**:
- Removed promotional links (retained only OKX anchor text).