Tobias Reily @orbitalnewt: "𝗖𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝗶𝗲𝘀 𝗘𝘅𝗽𝗹𝗮𝗶𝗻𝗲𝗱. 𝗣𝗮𝗿𝘁 𝟴: 𝗜𝗢𝗧𝗔 IOTA..."

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𝗖𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝗶𝗲𝘀 𝗘𝘅𝗽𝗹𝗮𝗶𝗻𝗲𝗱. 𝗣𝗮𝗿𝘁 𝟴: 𝗜𝗢𝗧𝗔 IOTA was created in July 2016 by four friends: David Sønstebø, Dominik  Schiener, Sergey Ivancheglo and Serguei Popov, and it launched after a public sale that raised about 1300 BTC (roughly half a million dollars at the time.) It's not a blockchain, and it was built specifically to overcome the problems that blockchains can suffer like slow speed, high fees, and lack of scalability. IOTA uses something called the "TANGLE" and this is a special system like a web of transactions rather than a chain of blocks. Everyone who sends a transaction agrees to check two other transactions at the same time. This clever system means there are no miners, no fees, and as more people use it, it can process more transactions at once. That makes it fast, scalable, and perfect for tiny transactions between machines. The more people that use it, the faster it gets! In testing, IOTA has reached around 1000 TPS on the mainnet, and over 10,000 TPS in internal benchmarks and test environments. It has UNLIMITED TPS in theory! Because it scales with useage, the more users, the more confirmations and therefore faster processing. Typical blockchains need to wait for confirmations and have much slower TPS. From 2023, there are 4.6 billion IOTA which equals 4600 MIOTA. 1 MIOTA = 1,000,000 IOTA. There are about 3.9 billion IOTA circulating. IOTA is not fully decentralised today as it still relies on a "coordinator" run by the IOTA Foundation to confirm transactions. That means there's a central piece holding things together . However, the team are working on "coordicide" which is a future upgrade aimed at removing the coordinator completely. IOTA is one of the most environmentally friendly cryptos in existence because it uses no mining, and it requires extremely low energy to send a transaction, 0.00001 kWh to be precise. 𝗪𝗵𝗮𝘁 𝗶𝘀 𝘁𝗵𝗲 𝘂𝘀𝗲-𝗰𝗮𝘀𝗲? 🌍➡️ Why does IOTA matter? It’s built so that machines, such as sensors, smart cars or gadgets can talk and pay each other tiny amounts safely and fast. Since there are no fees, even a penny sized message or payment is possible. That could power smart cities, connected cars, and factories that run themselves. 🌍➡️ In 2024, IOTA helped launch a Digital Passport project with Eviden (part of Atos) to track car batteries through their whole life and carbon footprint . It's also been used in Zambia for a trade initiative called TWIN. 🌍➡️ How could its price go up? If more businesses start using it for machine payments, tracking products, or trade services, demand could rise. Plus, when Coordicide makes it fully decentralised, many will trust it more and jump on board. 🌍➡️ In October 2024, Aramco Ventures (the venture capital arm of Saudi Arabia's national oil company) joined a $10.4 million Series A2 funding round for IOTA Software Inc. This investment was alongside other backers like Altira Group and Oxy Technology Ventures. This move shows Saudi-linked investors supporting the tech infrastructure built on IOTA, especially its industrial and data‑visualisation applications. 𝙎𝙪𝙢𝙢𝙖𝙧𝙮: Think of a future where machines talk to each other and do business on their own. That's the world IOTA is built for. It's called the machine economy or Internet of Things (IoT). IOTA isn’t built for people trading coins back and forth. It's built for a world where machines talk to each other and pay each other automatically. Imagine a self-driving car paying a charging station the moment it plugs in, or a fridge that orders milk and pays a drone to deliver it. Think of weather sensors on a farm selling real-time data every few minutes to a company predicting crop yields. These are automatic micropayments, and IOTA is one of the only networks designed to handle them with zero fees, almost no energy use, and the speed needed to make it all feel instant. No cards, no humans, no middlemen. This is built for machines getting things done. That's the real point of IOTA. It's the digital plumbing for the machine economy. It is the behind the scenes layer that lets smart cities, factories, and connected devices run smoothly and trade value on their own. As the world fills up with billions of devices needing to share information and resources, IOTA gives them a way to pay and get paid automatically, at tiny fractions of a cent, millions of times a day. No blockchain clogging, no mining waste. A network that grows stronger the more it's used. Iota has VAST potential. $MIOTA $BTC $ETH $ADA $XRP

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