IOTA MIOTA to W Green Pay WGP Exchange

Crypto Pair Details: MIOTA to WGP

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).

W Green Pay WGP

W Green Pay users will be able to spend tokens as a payment method anywhere in the world as the platform is progressively rolled out globally with the continued expansion of supporters and contributors to the HOOXI Campaign. W Green Pay is already used as the exclusive payment method on HOOXI Shopping Mall integrated in the HOOXI App. Hodlers of W Green Pay will have exclusive access to W-Foundation’s HOOXI Campaign events, which are highly valued events orchestrated by W- Foundation’s existing global community of sponsors, partners, and K-POP followers. Demand for W Green Pay is also expected to remain stable and consistent. Issuer will continue to buy back the tokens to expand the reward pool to the HOOXI App users to further motivate the public to participate in environmental actions.

SOURCE: COINGECKO

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