IOTA from Best Cryptocurrency

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IOTA is an open-source distributed ledger (cryptocurrency) focused on providing secure communications and payments between machines on the Internet of things. Using directed acyclic graph (DAG) technology instead of the traditional blockchain, IOTA's transactions are free regardless of the size of the transaction, confirmations times are fast, the number of transactions the system can handle simultaneously is unlimited, and the system can easily scale. IOTA was founded in 2015 by David Sønstebø, Sergey Ivancheglo, Dominik Schiener, and Dr. Serguei Popov. It began beta testing in the summer of 2016. As for November 2017, the market capitalization of IOTA is over $1.5 billion, making it the 10th largest cryptocurrency in circulation.


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