Ralf Rottmann 10 posts

Update January 29th, 2018 The snapshot has completed successfully. At the time of this update, 100+ independent community members have validated the integrity of the snapshot — and counting. At 1:47 AM (CET) IOTA Foundation announced the…

Prepare for the IOTA Snapshot Basically, without going into too much detail, a snapshot reduces the size it takes for nodes to save the entire Tangle (to disk). In the foreseeable future, this process will be automated. At the time of…

IOTA SNAPSHOT What is a IOTA snapshot? A IOTA snapshot is a process where all the transaction history gets reset. After the snapshot processing resumes and a new Tangle grows on this basic ledger. Until it grows so big that another…

On January 19th, 2018, some IOTA users lost their funds to an unknown attacker. The good news: The IOTA technology is secure. The attacker did not leverage any vulnerability. The root cause so this could happen was for users to rely on…

Disclaimers first: I am not a member of the IOTA Foundation and I am not a computer forensics expert. Everything I write here, is my very own interpretation of the events. I am @ralf on Twitter if you want to get in touch. On January…