IOTA (MIOTA) vs VeChain (VET) Comparison

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Company

User rating

4.3 / 5 3 user review 5 / 5 5 user review

Cryptogeek rating

3.8 / 5 4 / 5

Trust Score

How it works
4.24 / 5 4.25 / 5

About

IOTA is a distributed ledger and cryptocurrency created to process operations between devices of the Internet of Things. IOTA was launched in 2015. The project is based on an unique directed acyclic graph (DAG) instead of a blockchain. DAG uses a Tangle technology which provides unlimited scaling opportunities and free and fast transactions. The project is backed by non-profit IOTA Foundation. Besides, IOTA ecosystem has its own data marketplace available both for companies and individuals. IOTA quickly gained strong partnerships in the tech industry (including Volkswagen and Bosch) and high market capitalization (by the end of 2017 IOTA reached top 5 list by its, market cap although now its position is lower).
VeChain (VET) is a blockchain platform aimed at improving the supply chain sphere. VeChain provides an unique QR code to each product. These codes allow tracking products from factories to retailers. The information is stored on the blockchain. VeChain is capable of hosting DApps for business projects to help them safely store, share, and track information.

Type

coin coin

Founding Date

2015 2015

Country

Germany International

Languages

No data No data

Team

Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

0.1685 0.0316

All-time high (USD)

5.6900 0.0198

Price change (24h)

-2.62 -4.24

Volume (24h)

9907288.96515 4943662.00538

Hashrate

No data No data

Max Supply

2779530283.00000 86712634466.00000

Total supply

No data No data

Circulating Supply

2779530283.27780 85985041177.00000

Transaction speed / Block time

1500 220

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data VeChainThor Authority

Proof type

Tangle Proof of Authority

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

2779530283.00000 55454734800.00000

Is trading

yes yes

Block reward

0.000000000000 0.000000000000

Block time

No data No data
Company
User rating User rating 4.3 / 5 3 user review User rating 5 / 5 5 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.24 / 5 Trust Score 4.25 / 5
About
IOTA is a distributed ledger and cryptocurrency created to process operations between devices of the Internet of Things. IOTA was launched in 2015. The project is based on an unique directed acyclic graph (DAG) instead of a blockchain. DAG uses a Tangle technology which provides unlimited scaling opportunities and free and fast transactions. The project is backed by non-profit IOTA Foundation. Besides, IOTA ecosystem has its own data marketplace available both for companies and individuals. IOTA quickly gained strong partnerships in the tech industry (including Volkswagen and Bosch) and high market capitalization (by the end of 2017 IOTA reached top 5 list by its, market cap although now its position is lower).
VeChain (VET) is a blockchain platform aimed at improving the supply chain sphere. VeChain provides an unique QR code to each product. These codes allow tracking products from factories to retailers. The information is stored on the blockchain. VeChain is capable of hosting DApps for business projects to help them safely store, share, and track information.
Type Type coin Type coin
Founding Date Founding Date 2015 Founding Date 2015
Country Country Germany Country International
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 0.1685 Current price (USD) 0.0316
All-time high (USD) All-time high (USD) 5.6900 All-time high (USD) 0.0198
Price change (24h) Price change (24h) -2.62 Price change (24h) -4.24
Volume (24h) Volume (24h) 9907288.96515 Volume (24h) 4943662.00538
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply 2779530283.00000 Max Supply 86712634466.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 2779530283.27780 Circulating Supply 85985041177.00000
Transaction speed / Block time Transaction speed / Block time 1500 Transaction speed / Block time 220
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability medium Mining profitability No data
Algorithm Algorithm No data Algorithm VeChainThor Authority
Proof type Proof type Tangle Proof type Proof of Authority
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 2779530283.00000 Total coins mined 55454734800.00000
Is trading Is trading yes Is trading yes
Block reward Block reward 0.000000000000 Block reward 0.000000000000
Block time Block time No data Block time No data

Social

Website

www.iota.org www.vechain.org

Twitter

IOTA @vechainofficial
Website Website www.iota.org Website www.vechain.org
Twitter Twitter IOTA Twitter @vechainofficial

Advantages

Extremely small transactions Scalability Lightweight Well-known and trusted Some projects run on it

Disadvantages

Smart Contracts Vulnerability Not completely decentralized

Rating

User rating User rating 4.3 / 5 3 user review User rating 5 / 5 5 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 4 / 5
Advantages Advantages Extremely small transactions Scalability Lightweight Advantages Well-known and trusted Some projects run on it
Disadvantages Disadvantages Smart Contracts Vulnerability Disadvantages Not completely decentralized

IOTA (MIOTA) user rating is 4.3, based on 3 user reviews. VeChain (VET) user rating is 5, based on 5 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.25 / 5 Write review
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