Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => IOTA Forum => Topic started by: Niko on October 16, 2018, 09:27:44 PM
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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 Sonstebo, Sergey Ivancheglo, Dominik Schiener, and Dr. Serguei Popov.
IOTA is overseen by the IOTA Foundation, a non-profit dedicated to developing the technology and maintaining it license-free for all developers to work with. The Foundation has established a collaboration with Volkswagen and Innogy to develop CarPass, an IOTA based technology that enables secure audit trails, digital identities, and charging networks for cars. With Deutsche Telekom, Microsoft, Fujitsu, and Samsung, the Foundation opened up a data marketplace using IOTA technology. The IOTA Foundation is also a founding member of the Trusted IOT Alliance, which includes the Bosch, ConsenSys, USbank, and Cisco companies.
As of December 2017, the market capitalization of IOTA was $ 13 billion, making it the 4th largest cryptocurrency in circulation.
The official IOTA wallet is version 2.5.4, downloadable from GitHub: IOTA wallet. The current wallet requires independently generating your own seed (private key).
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Ledger nano s is the best wallet for Iota. It is a hardware wallet. It is one of the best and secure iota wallet. Investors can use it with out any fear. Also it supports windows , mac and linux.
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This tread is a bit old and a lot has happened since then. Some IOTA wallets were hacked. I think it's time to present a new, better wallet
The IOTA Trinity Wallet is a free wallet that was published by the IOTA Foundation as an official IOTA wallet. Available as a Moible wallet for iOS / Android or a desktop wallet for Windows, Mac and Linux, the slim wallet impresses with its wide range of functions. IOTA can be transferred to other users or multiple wallet addresses can be created.
If interested, I can present the wallet in much more details.
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Cryptocurrency IOta occupies a wide space. IOta Wallet One of the most popular wallet cryptocurrency investors is currently investing the most in IOta coins. So it has gained wide popularity and the price of IOda is much higher.
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Well, it looks like we will have a new wallet for IOTA, Firefly.
With Firefly, IOTA should get more than just a new wallet: The new app should form the basis of an IOTA-based ecosystem.
For IOTA co-founder Dominik Schiener, the Firefly release marks a milestone:
This release marks the beginning of IOTA as a widespread app ecosystem. Firefly will introduce a new standard of ease of use and flexibility in the wallet space, where previously there was only a limited number of offers that revolved around a literal understanding of the term “wallet”.
Translated for you: https://www.altcoinstalks.com/index.php?topic=199496.0
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There are many best wallets for IOTA. Ledger Nano X : This is a Hardware wallet. The ledger Nano X comes with Bluetooth functionality , more memory and higher quality screen.
Atomic wallet: This is a Desktop wallet. Supported crypto currencies IOTA , btc , XLM, XRP, ETH, and 150+ more.