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Strategies & Market Trends : IOTA
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From: zax6/23/2019 10:43:01 PM
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IOTA recovers from early losses as a blueprint for Coordicide update is unveiled

IOTA has recovered from an early Asian low $0.4181 to trade at $0/4300 by the time of writing. However, despite the resumed upside momentous, it is still down 1.5% on a day-to-day basis and down nearly 2% on a weekly basis.

The coin takes the 17th place in the global cryptocurrency market rating with the current market capitalization of $1.2 billion. An average trading volume is registered at $39 million, in line with a long-term average figure. IOTA is most actively traded on Bitfinex against BTC and USDT.

IOTA unveils blueprint for Coordicide

IOTA has launched a website for Coordicide update and revealed a blueprint for the Coordinator removal?. It's an important step for the company as it confirms its commitment to decentralization and scalability principles.
"Removing the Coordinator from the IOTA network will realize a long sought after goal in the field of DLT: scalability without centralization. The solution itself is inherently modular, meaning that users will have ultimate freedom to tailor the system to their individual needs. Its implementation will be a major milestone in the IOTA Foundation's goal of creating a truly enterprise-ready DLT," the company wrote in the accompanying blog post.
</snip> read the rest here: fxstreet.com
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