How To add IOTA (MIOTA) to Metamask wallet. IOTA is a distributed ledger with one big difference: it isn’t actually a blockchain. Instead, its proprietary technology is known as Tangle, a system of nodes that confirm transactions. The foundation behind this platform says this offers far greater speeds than conventional blockchains — and an ideal footprint for the ever-expanding Internet of Things ecosystem.
To learn more about this project, check out our deep dive of IOTA.
Because there’s no blockchain, there are no miners, and because there are no miners, there are no fees. Many established networks see costs balloon when congestion intensifies, but IOTA aims to provide limitless throughput at minimal expense.
In time, IOTA’s goal is to become the de facto platform for executing transactions between IoT devices. Given how estimates suggest there could be 20.4 billion such devices out there by 2024, this could end up being big business. The MetaMask app is both a wallet & a browser. Buy, send, spend & exchange your digital assets. Make payments to anyone, anywhere. Log into websites securely to trade assets, lend, borrow, play games, publish content, buy rare digital art, and so much more.
If you’re already a MetaMask desktop user, the app will sync your existing wallet in seconds. If you're a new user, we'll help you get setup!
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