A Coo-less Testnet

A Testnet with no Coordinator We are happy to announce the launch of znet, the first iteration of the IOTA Coordinator-less testnet. This testnet has in fact been alive for several weeks, but we would like to officially open it up to…

Alpha: playing with randomness

If you have been following the Illustrated Introduction to the Tangle series, you might remember a mysterious parameter called α, which affects the level of randomness in the random walk. In this article we will go into the specific way in…

Confirmation rates in the Tangle

The IOTA consensus mechanism is based on a weighted random walk. Using this tip selection mechanism, large branches of the Tangle become larger and smaller ones become smaller, until they get abandoned. The intuition is quite similar to…

Confirmation rates in the Tangle

The IOTA consensus mechanism is based on a weighted random walk. Using this tip selection mechanism, large branches of the Tangle become larger and smaller ones become smaller, until they get abandoned. The intuition is quite similar to…

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