IOTA Releases Updated Coordicide Whitepaper

Coodicide is coming

By Stefano Della Valle Last updated Jan 22, 2020

A new academic paper describing the functional principles of the new version of the IOTA network has been released in recent days. You can find it here.

Those who read my writing knows that I’m a fan of technology, crypto currency in general and especially IOTA.

Now I could go on describing the innovative ideas that the new WP of IOTA contains, enumerating the various components that ensure the distribution of consensus even in the absence of economic incentive.

I could, but I don’t, because the document would deserve an in-depth examination for practically every page, but I don’t think this would help to understand once and for all what the value of the IOTA is and why it is fundamental for technological development in the coming years.

So I try to give an answer to this simple question: what is the reason why the IOTA should be successful, perhaps more than any other DLT seen so far?

We have to say that only time will tell whether IOTA will be more or less successful than other projects, but that I personally have very few doubts.

My feeling comes partly from the fact that I am fortunate enough to be able to read documents like this new WP and get a clear idea of the feasibility. But it also comes from the fact that by now daily news of new patents of applications and technologies in which IOTA is mentioned as a specific solution to manage critical and functional aspects. If also Intel, Bosh, Siemens and dozens of other giants of the IT and TLC market have the same perception as me, maybe it is not a wrong feeling.