IOTA Trading Starts Tomorrow!

Hello Everyone,

A new crypto-currency, IOTA, is going to start trading tomorrow. As far as I know the first exchange to trade this coin will be Bitfinex, https://www.bitfinex.com, on 2017-06-13. See you guys there!

Official announcement by Bitfinex, https://www.bitfinex.com/posts/206.

There are rumors that other large exchanges such as Bittrex, https://bittrex.com/, will also be adding the coin. However this remains a rumor and if it does happen I do not know when that will be.

Personally I've installed their android wallet app, still in beta as of the writing of this post, to get started quick and easy.
https://play.google.com/store/apps/details?id=org.iota.wallet
Remeber, never share your seed and keep it in a safe place.

What are your thoughts on this new IOTA coin and it's Tangle core technology?

Personally I like the fact that they directly targeted the main shortcomings of other block-chain currencies. However I would have liked to see them introduce the coin through mining and not have the full currency available from the start. This may just be my techie side talking though.

Here is the quick description for the coin;

IOTA is a revolutionary new transactional settlement and data integrity layer for the Internet of Things. It’s based on a new distributed ledger architecture, the Tangle, which overcomes the inefficiencies of current Blockchain designs and introduces a new way of reaching consensus in a decentralized peer-to-peer system. For the first time ever, through IOTA people can transfer money without any fees. This means that even infinitesimally small nanopayments can be made through IOTA.

IOTA is the missing puzzle piece for the Machine Economy to fully emerge and reach its desired potential. We envision IOTA to be the public, permissionless backbone for the Internet of Things that enables true interoperability between all devices.

Feel free to visit their site to learn more, https://www.iota.org/.

I would just like to give a big thanks to @dollarvigilante and @lukewearechange for opening my eyes to crypto-currencies.