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Welcome Charlie Varley to the IOTA Foundation

Charlie Varley completed his undergraduate degree in Psychology and Philosophy at the University of Bristol. His chosen areas of study included brain imaging, artificial intelligence and philosophy of mind; showing a clear technical theme. And this persisting interest led him to change his academic direction. He proceeded to complete a Master’s in Computer Science at University College London. While at UCL, Charlie met Dr. Navin Ramachandran of the IOTA Foundation. With Navin’s supervision, he began development on a…

IOTA network Snapshot on 28th January!

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 snapshot is required.IOTA's nodes are receiving transactions in a staggering amount. They need to keep track of them all and sort through them. This means ever increasing memory and CPU requirements. To combat this every now and then a snapshot occurs. This essentially throws away all the…

Cryptocurrencies that will survive as Currencies (IOTA, if you don’t care to read the rest)

We’ve reached the great filter. The overwhelming majority of digital assets listed on https://coinmarketcap.com/ today will be forgotten in 5 years’ time. In this article, I’m going to attempt to rationalize picks for digital assets that will survive and thrive all the way through the year 2100.Digitization of assets makes moving funds faster and cheaper than ever. This isn’t something particularly new, as anyone with an online bank account knows. Of course, It’s true that every digit shown on your bank account’s online…

IOTA attacked on January 19th, 2018 / IOTA technology is secure

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 online generators to create their seeds. If you take only one thing away from this: Never, ever use online tools to generate your seeds. The IOTA Foundation has been emphasising the importance of keeping your seed ultra secure from the very beginning. But still, users apparently got tricked…

What happened last night on IOTA

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 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 online generators to create their seeds. If you take only one thing…

IOTA Tel Aviv office is official

In 2018 IOTA is maturing into a truly international open source movement, as we have unveiled, we plan to expand our distributed local offices beyond the three we already have in Berlin, Oslo, and Chicago. Today we are excited to announce our new Tel Aviv office location, launched earlier this month. There are currently five team members working in the core development and research teams at the office. We are looking to hire and grow to around ten shortly. Tel Aviv is a well-established tech hub, always ranking in the top 10…

Welcome Andreas Mikolajewski to the IOTA Foundation

Andreas Mikolajewski kicked off his Software Engineering career at SAP over ten years ago at age 17. While constantly building his experience in various international Engineering roles he pushed his boundaries to work on his master’s degree in Computer Science at KIT, found startups, compete as a semi-pro gamer, moderate conferences, travel the world and explore all the beauties of life. Andreas’ main interests in the field of Computer Science are Machine Learning, Cryptography, Computer Graphics (OpenCL & OpenGL)…

Welcome Alon Gal to the IOTA Foundation

Alon Gal is a physicist, developer, and entrepreneur. He obtained his MSc in physics via the AtoSIM Erasmus Mundus program, in the University of Amsterdam, La Sapienza University in Rome, and the ENS in Lyon, focusing on solving molecular-scale physics problems using numerical methods. In his MSc thesis he simulated and analyzed the Vicsek model for collective motion of particles, seeking to emulate the emergent behavior of self-propelled biological systems. After his studies Alon worked as a software engineer at…

Why IOTA does not need the “moon soon” (a look ahead)

Why IOTA does not need the “moon soon” (a look ahead) Many people these days are investing lots of money into something which they a year ago would never have listened to you for even a minute. Right now, billions of Dollars are flowing into a market whose main product (be it Bitcoin or its derivates) cannot be explained by 97% of its “investors” on a technical basis (own estimate based on the “investors” I talked to so far). This alone would suffice to call this madness yet it gets even crazier when you look at the attitude…

Welcome Darcy Gabriel Augusto Camargo Cunha to the IOTA Foundation

A mathematician is always fascinated by a challenge and with Darcy Camargo, it’s no different. Since his early undergraduate days at University of Campinas (UNICAMP) he was always seeking interesting problems, which led him to awards in international math competitions and a perfect score in all his Ph.D. courses.Mathemagicians at workThe early supervision by IOTA Co-founder Professor Serguei Popov awoke in Darcy interest for the randomness, and this led him into a diverse and deep understating of…

Why Bitcoin fears Quantum Computers — and IOTA doesn’t

Why Bitcoin fears Quantum Computers — and IOTA doesn’t If there is one thing which can cause real trouble to the whole Blockchain sphere it certainly is Quantum Computing. The new technology gives access to a lot more computing power than we have ever had before which could also be used for cracking the security systems of Bitcoin and the likes: At the CES 2018 it could be seen that this new kind of processor is not a thing of the future anymore, but its development is rapidly making progress (Intel has just announced a…

IOTA: possible BOSCH usecases

IOTA: possible BOSCH usecases As we have seen already, BOSCH Venture Capital has bought a “significant amount of IOTA tokens”. Although “a bigger unveil (one of the IOTA partnerships)” at the CES had been postponed, it was still interesting to watch BOSCH’s tweets from their press conference: This article tries to show why IOTA’s technology perfectly fits in the company’s plans. Note: This has not been confirmed by the IOTA Foundation, it’s just my own thoughts so please consider it as such.The overall situation Bosch is…

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