IOTA
$0.15547 8.79%
MIOTA · 4d

How does iota handle data storage?

I am trying to understand iota. I imagine the number of transactions will increase exponentially and all these transactions will be saved somewhere. Sure they ll be people who volunteer to run a node but would that be enough. Is is possible there may be too much data that iota may not be able to store? UPDATE: I have come to learn that the tx data will be stored in nodes and my phone is not a node, only has a wallet. My next question is other that kindness and supporting a community what is the incentive for running a node? You are not paid to run a node, in fact its a cost. What is that incentive that will drive the network to over a billion nodes? Why would an business chose to run a node over its current solutions in use.
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MIOTA +8.79% · reuters.com · 21h

Is this the Covid 19 tracking app van IOTA?

Germany hopes to launch a smartphone app within weeks to help trace coronavirus infections, after a broad political consensus emerged that adopting an approach pioneered by Singapore can be effective ...