IOTA
IOTA is a distributed ledger for the Internet of Things. The first ledger with microtransactions without fees as well as secure data transfer. Quantum proof. IOTA is a ground breaking new open-source distributed ledger that does not use a blockchain. Its innovative new quantum-proof protocol, known as the Tangle, gives rise to unique new features like zero fees, infinite scalability, fast transactions, secure data transfer and many others. IOTA is initially focused on serving as the backbone of the Internet-of-Things (IoT).
IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions. It does, however, require some computational power to submit a transaction, making it perfect for machines to use as a currency and distributed communication protocol for the Internet of Things “IoT”. The main purpose of IOTA is to solve some of the major problems with Blockchain technology, the main one being that the bigger the Blockchain (such as Bitcoin), the slower, more expensive, and also more restricting it is to actually transfer funds. Another issue with the Blockchain is size, as more and more Blocks are added, the longer the Blockchain gets, and therefore the less amount of computers are able to mine it. Right now BTC is over 150GB long, and so is ETH. If this size increased tenfold, very few computers would be able to mine it at all. Making them relatively centralized (the top 2 Bitcoin mining pools own about 56% of hashing power).
Cryptocoins News / CoinJournal - 11 months ago
Cardano and IOTA, two of the best-known players in the crypto industry, have underperformed the market over time as they evolved into ghost chains. A ghost chain is a blockchain whose coin is popular, but one that lacks a supportive ecosystem.&...
by COINS NEWS - 11 months ago
The first tokenised treasury bill fund licensed in the Abu Dhabi Global Market is launched by company Realize. Such funds buy United States treasuries, which are US government bonds, and then create a blockchain-based token to represent these assets,...
Cryptocoins News / Blockchain - 1 year ago
Fireblocks has integrated IOTA EVM, allowing secure storage, transfer, and management of IOTA tokens for institutional users, enhancing the digital asset ecosystem. (Read More)
Cryptocoins News / Blockchain - 1 year ago
IOTA Foundation drives blockchain innovation in Europe with strategic partnerships and adherence to EU regulations, positioning itself as a leader in Web3 and sustainable DLT applications. (Read More)
Cryptocoins News / Blockchain - 1 year ago
IOTA successfully concludes the European Blockchain PCP, developing scalable and sustainable blockchain solutions for Europe. (Read More)
by COINS NEWS - 1 year ago
IOTA has successfully completed the third and final phase of the European Blockchain Pre-Commercial Procurement (PCP). The PCP aims to design new DLT solutions for Europe The solutions for the European Blockchain PCP combines DAG-based Tangle distrib...
Cryptocoins News / Blockchain - 1 year ago
IOTA Foundation introduces a prototype to streamline intellectual property rights management using blockchain technology and smart contracts. (Read More)
Cryptocoins News / Blockchain - 1 year ago
IOTA and Digimarc introduce Digital Product Passports to enhance transparency in plastic recycling, promoting a circular economy. (Read More)
Cryptocoins News / Blockchain - 1 year ago
IOTA Foundation unveils a Digital Product Passport prototype for electronics, enhancing transparency and sustainability in the lifecycle from manufacturing to recycling. (Read More)
Cryptocoins News / Blockchain - 1 year ago
IOTA Token has been certified as Shariβa-compliant by the Cambridge Institute of Islamic Finance, enhancing trust and growth in the Middle East. (Read More)
Cryptocoins News / Blockchain - 1 year ago
IOTA (MIOTA) has been certified as Shariβa-compliant by the Cambridge Institute of Islamic Finance, aligning with Islamic principles for enhanced trust in the Middle East. (Read More)
Cryptocoins News / Blockchain - 1 year ago
The IOTA community has approved a significant liquidity program to support the new IOTA EVM ecosystem, aiming to enhance growth and adoption. (Read More)
Cryptocoins News / Blockchain - 1 year ago
Supra Oracles has launched on IOTA EVM, enhancing data accuracy and timeliness across various DLT networks, according to IOTA Foundation Blog. (Read More)
Cryptocoins News / Blockchain - 1 year ago
The IOTA Foundation's 'Beyond the Chain' workshop at Trinity College Dublin delved into how DAG technology can solve blockchain inefficiencies. (Read More)
Cryptocoins News / Blockchain - 1 year ago
IOTA and Eviden collaborate to introduce the Eviden Digital Passport Solution, a pioneering Digital Product Passport initiative. (Read More)
Cryptocoins News / Blockchain - 1 year ago
Goldsky's integration with IOTA EVM simplifies data access and real-time analytics, empowering developers to build efficiently. (Read More)
Cryptocoins News / Blockchain - 1 year ago
IOTA collaborates with Tokeny to integrate advanced tokenization technology into IOTA EVM, boosting on-chain compliance and control. (Read More)
Cryptocoins News / Blockchain - 1 year ago
Imperial College London, in collaboration with the IOTA Foundation, launches the I3-Lab to drive circular economy research using digital tools. (Read More)
Cryptocoins News / Blockchain - 1 year ago
The IOTA Foundation's Q2 2024 Progress Report showcases advancements like the IOTA EVM chain launch, IOTA 2.0 Testnet, and strides in digital identity solutions. (Read More)
Cryptocoins News / Blockchain - 1 year ago
IOTA Foundation announces $2.89 million in grants to 26 projects, focusing on DeFi, NFT marketplaces, SocialFi, and more. (Read More)
by COINS NEWS - 1 year ago
With no transaction fees on its layer 1, IOTA can do what other chains can't. This is the beggining of social dapps on Web3. submitted by /u/FR330M [link] [comments]
Cryptocoins News / Blockchain - 1 year ago
The Trade and Logistics Information Pipeline (TLIP) leverages IOTA technology to streamline post-Brexit trade between the EU and UK by facilitating real-time data sharing. (Read More)
Cryptocoins News / Blockchain - 1 year ago
IOTA Foundation reshuffles leadership, appointing Dr. Navin Ramachandran to the Supervisory Board and Dr. Christoph Strnadl to head Technology Adoption. (Read More)