A permissionless distributed ledger for a new economy
IOTA was founded by David Sonstebo, Sergey Ivancheglo, Dominik Schiener, and Dr. Serguei Popov in 2015. IOTA’s major innovation is that it's distributed ledger exists as a stream of individual transactions entangled together, rather than in blockchain format. Their is a fixed supply of 2,779,530,283,277,761 IOTA, which all exist today since there is no mining on the IOTA network.

1 MIOTA = Loading... CAD