<h3>What is IOTA?</h3><p>IOTA (MIOTA) is a cryptocurrency designed specifically for the Internet of Things (IoT). Unlike traditional blockchain-based assets, IOTA operates on a unique technology called the Tangle, which is a directed acyclic graph (DAG) that enables feeless transactions and scalability. The IOTA token is used for facilitating microtransactions and data transfer between connected devices, making it an essential component of smart city and IoT applications. This innovative blockchain project aims to enable seamless communication and transactions in a decentralized manner, enhancing the efficiency of IoT ecosystems.</p>

<h3>When and how did IOTA start?</h3><p>IOTA (MIOTA) was launched in 2015, created by a team of developers including Dominik Schiener, David Sønstebø, Sergey Ivancheglo, and Serguei Popov. The project was founded with the goal of enabling secure communications and payments between devices in the Internet of Things (IoT) ecosystem. IOTA is distinguished by its unique Tangle technology, which eliminates the need for miners and allows for feeless transactions. The platform gained significant attention and early adoption, initially listed on major exchanges like Bitfinex and Binance shortly after its launch. In 2017, IOTA secured funding through a successful initial coin offering (ICO), further solidifying its position in the crypto space.</p>

<h3>What’s coming up for IOTA?</h3><p>IOTA (MIOTA) is poised for significant advancements as it continues its journey toward a more scalable and efficient network. The upcoming roadmap updates include the integration of smart contracts and the launch of the IOTA 2.0 upgrade, which aims to enhance the platform's usability and decentralization. Community goals focus on expanding partnerships in the Internet of Things (IoT) sector, fostering real-world applications such as secure data sharing and microtransactions. As IOTA evolves, these features are expected to position it as a leading solution for IoT connectivity and data integrity.</p>

<h3>What makes IOTA stand out?</h3><p>IOTA (MIOTA) is unique compared to other cryptocurrencies due to its standout technology, the Tangle, which employs a directed acyclic graph (DAG) instead of a traditional blockchain. This innovative consensus mechanism enables feeless transactions and scalability, making it particularly suited for real-world use cases in the Internet of Things (IoT) ecosystem. Additionally, IOTA's tokenomics supports microtransactions, facilitating seamless data and value exchange between connected devices.</p>

<h3>What can you do with IOTA?</h3><p>IOTA (MIOTA) is primarily used for secure payments and transactions within the Internet of Things (IoT) ecosystem, enabling feeless microtransactions. It serves as a utility token for various DeFi apps and facilitates the creation and trading of NFTs. Additionally, IOTA supports governance mechanisms, allowing users to participate in decision-making processes within its network.</p>

<h3>Is IOTA still active or relevant?</h3><p>IOTA (MIOTA) is currently active, with ongoing development and updates from its team, particularly focused on advancements in its Tangle technology. The coin is still traded on various exchanges, reflecting a stable interest from the community. While there have been challenges, the project maintains an active community presence, indicating it is not considered inactive or abandoned.</p>

<h3>Who is IOTA designed for?</h3><p>IOTA (MIOTA) is built for developers and businesses seeking to leverage the Internet of Things (IoT) for seamless machine-to-machine transactions. Its target audience includes enterprises looking to implement innovative solutions in supply chain management and data integrity, as well as a community of tech enthusiasts focused on advancing decentralized technology. IOTA is designed to facilitate secure and feeless transactions, making it ideal for IoT applications.</p>

<h3>How is IOTA secured?</h3><p>IOTA (MIOTA) secures its network through a unique consensus mechanism known as the Tangle, which eliminates the need for miners and traditional validators. Instead of a blockchain, IOTA employs a directed acyclic graph (DAG) structure where each transaction confirms two previous transactions, enhancing network security and scalability. This innovative approach allows for faster transactions and lower fees, while maintaining robust protection against double-spending and other security threats.</p>

<h3>Has IOTA faced any controversy or risks?</h3><p>IOTA has faced several controversies, including a significant security incident in early 2020 when its Coordicide feature was hacked, leading to the loss of user funds and raising concerns about the network's security. Additionally, the project has encountered legal issues surrounding its governance and regulatory compliance, contributing to a perception of risk among investors. The extreme volatility of IOTA's price has further complicated its adoption and stability in the cryptocurrency market.</p>

IOTA

David Sønstebø

Dominik Schiener

Ralf Rottmann

Sergey Ivancheglo

Serguei Popov

Johann Jungwirth

Richard Soley

Rolf Werner

Lewis Freiberg

Alon Gal

Edward Greve

Holger Köther

John Licciardello

Julie Maupin

Wilfried Pimenta de Miranda

Aaron Alsop

Darcy Camargo

Jakub Cech

Dyrell Chapman

陳志誠 (Sam Chen)

Dave de Fijter

Vassil Dimitrov

Paul Douglas

Chris Dukakis

Alon Elmaliah

Paulo Finardi

Sabri Goldberg

Rihards Gravis

Andrew Greve

Janine Härtel

Eric Hop

Bartosz Kuśmierz

Alisa Maas

Giorgio E. Mandolfo

Emmanuel Merali

Michele Nati

Jens Munch Lund-Nielsen

Andreas Osowski

Jan Pauseback

Dr. Navin Ramachandran

Samuel Reid

Gal Rogozinski

Olivia Saa

Tsvi Sabo

Umair Sarfraz

Mark Schmidt

Fahad Sheikh

Clara Shikhelman

Alexey Sobolev

Charlie Varley

Mathew Yarger

Andrea Villa

Harm van den Brink

Regine H. Helmer

Anes Hodžić

Gur Huberman

Hongquan Jiang

Koen Maris

Madjid Nakhjiri

Michael Nilles

Alexander Renz

Jochen Renz

Klaus Schaaf

Joachim Taiber

IOTA

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