Serguei Popov 18 posts

Who controls node behaviour? As you all know, from the beginning, we wanted to build a cryptosystem with no transaction fees. As explained many times (e.g. here), to get rid of the fees one has to get rid of miners. Miners are those…

With the research, development and ecosystem around the IOTA project really beginning to flourish, and with nearly three years having past since it was first announced to the world, I thought it would be a good time to reflect back on how…

Abstract As of today, there are many cryptocurrency systems around. They mostly share one common feature: all participants of the network interpret the same ledger in the same way. In this paper, we introduce the idea of local modifiers:…