What is the current supply of IoT (MIOTA)?

The current circulating supply is 2,779,530,283 MIOTA. IOTA is designed to facilitate microtransactions between devices on the Internet of Things (IoT). IOTA uses a unique consensus algorithm (called the Tangle) that requires users to validate two transactions in order to make a transaction of their own. What Is IOTA (MIOTA)?

What is the price of Iota?

The price of IOTA has risen by 2.57% in the past 7 days. The price increased by 3.39% in the last 24 hours. In just the past hour, the price shrunk by 0.07%. The current price is $0.22 per MIOTA. IOTA is 96.18% below the all time high of $5.69. The current circulating supply is 2,779,530,283 MIOTA.

How does Iota compare to a blockchain?

MIOTA, IOTA’s cryptocurrency, is premined and consensus of transactions occurs differently compared to a blockchain. IOTA developers have proposed a new data structure (a way to organize numeric representations within a computer's memory) known as Tangle.

Why was Iota spawned?

According to David Sønstebø, IOTA was "spawned" due to the Jinn project, "so it only makes sense first to introduce IOTA and then Jinn afterward," he said. The genesis transaction for IOTA was an address with a balance that contained all MIOTA, its cryptocurrency, that will ever be mined.