Dynamic and history value of price IOT. Maximal value of price iota was , Minimal price of IOT was . Today price of iota is :
IOTA (MIOTA) is a cryptocurrency that operates in a ledger distributed across a network rather than a traditional sequential blockchain. The IOTA network is not composed of transactions grouped in a sequential blockchain, but uses a direct acyclic graphical structure (DAG), which IOTA calls entanglement. Tangle does not require cash rewards for transaction checks: each new user performs a basic calculation job to check two previous transactions. In this way, they allow their transaction to be verified by another user in Tangle. This advance payment system creates equality between IOTA users, without requiring a hierarchy of responsibility within the network. The IOTA project was launched in 2015 under the direction of Sergui Popov, Sergey Ivancheglo, David Sonstebo and Dominik Schiener. In 2017, the German engineering and electricity company, Bosch, invested in the IOTA project and sat on the board. In 2018, the automaker Volkswagen announced a partnership with IOTA, with plans to use technology in their daily activities.