IOTA MIOTA to CanYaCoin CAN Exchange

Crypto Pair Details: MIOTA to CAN

IOTA MIOTA

IOTA is a distributed ledger for the Internet of Things. The first ledger with microtransactions without fees as well as secure data transfer. Quantum proof. IOTA is a ground breaking new open-source distributed ledger that does not use a blockchain. Its innovative new quantum-proof protocol, known as the Tangle, gives rise to unique new features like zero fees, infinite scalability, fast transactions, secure data transfer and many others. IOTA is initially focused on serving as the backbone of the Internet-of-Things (IoT). IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions. It does, however, require some computational power to submit a transaction, making it perfect for machines to use as a currency and distributed communication protocol for the Internet of Things “IoT”. The main purpose of IOTA is to solve some of the major problems with Blockchain technology, the main one being that the bigger the Blockchain (such as Bitcoin), the slower, more expensive, and also more restricting it is to actually transfer funds. Another issue with the Blockchain is size, as more and more Blocks are added, the longer the Blockchain gets, and therefore the less amount of computers are able to mine it. Right now BTC is over 150GB long, and so is ETH. If this size increased tenfold, very few computers would be able to mine it at all. Making them relatively centralized (the top 2 Bitcoin mining pools own about 56% of hashing power).

CanYaCoin CAN

CanYa is a peer to peer market of skilled services - where users are instantly connected to service providers. Unlike most ICO's we already have a working product, high user growth and an experienced team. We launched our initial product to Australia earlier this year and now we're conducting an ICO to fund expansion into the international market as well as launching CAN token. CanYa has again raised the bar for ICOs following a major acquisition of Bountysource and its passionate 46,000 open-source developer community.

SOURCE: COINGECKO

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