Latest News

Flash Hackathon — Winners Announced

In September, we announced IOTA Flash Channels. To get a better understanding of their function, check out our introductory post on the protocol: here. But in essence: Flash is a bi-directional off-Tangle payment channel which enables instantaneous, high-throughput transactions. In essence, they provide a way for parties to transact at high frequency without waiting for each transaction to confirm on the public IOTA network. In this post we announced the IOTA Foundation’s virtual hackathon for our Flash Channels protocol.…

IOTA: Real-world use cases are coming

IOTA: Real-world use cases are coming First things first: I am not a member of the IOTA Foundation or in any way hired by them — I am just an IOTA supporter 😉 While many people are waiting for announcements revealing the many rumored partnerships of IOTA, I would like to focus on some of today’s news about interested companies and projects and explain why they are/would be real assets to IOTA’s undertaking. But before doing so, I’d like to point out some good news to all the people holding IOTA:Exchange listings Both…

Welcome Matthew Darnell to the IOTA Foundation

Matthew Darnell is very interested in the Internet-of-Things revolution. He has worked on several projects in the industry, and has been heavily involved in the crypto/Distributed Ledger Technology community since 2013. A big believer in the expanding role of DLTs in the financial and other sectors, he is very excited to work toward achieving a bright future for IOTA. He holds a Bachelor in Computer Science from the University of Louisville and has followed IOTA closely since 2015.On joining IOTA I am thrilled and…

Welcome Alisa Maas to the IOTA Foundation

Alisa Maas graduated in Business Administration and has been active in the fields of mobility, IoT, logistics and fleet management since early 2010, gaining extensive topic expertise with regard to digital business models and product development. In her role as Senior Product and Marketing Manager at Daimler FleetBoard GmbH, she successfully led several projects and product launches focused on Internet-of-Things and telematics-based services. Alisa defined the overall product and business strategy for the first open…

The Tangle: an Illustrated Introduction 1

This is the first in a series of beginner level posts, aimed at those who want to learn more about how IOTA works under the hood. We will loosely follow the whitepaper, but go a bit slower and add some pictures to clarify the basic concepts. In this article, we introduce the tangle, explain what it is, and how we study it mathematically in the IOTA research team. To understand the tangle, we need to learn about what computer scientists call a directed graph. A directed graph is a collection of vertices (squares), which are…

IOTA: How everyone can contribute

IOTA: How everyone can contribute 1. Developing Although IOTA has achieved tremendous success and partnerships other projects would pant for, it is still in its infancy: the product is not yet market-ready (which, by the way, is the goal for late 2018) so there is still room to play around with it, find bugs or simply develop some great stuff for a whole new economy (what an opportunity!). A project like IOTA would be lost without developers contributing new ideas, products and also constructive criticism. What can you do?…

Must-Have Feature Checklist for any Iota Wallet

Must-Have Feature Checklist for any Iota Wallet These are some must-have features, in no particular order, for a well functioning and usable wallet. This list is not exhaustive, so any suggestions would be appreciated.Automatic node selection. Absolute majority of users doesn’t know or care what node they’re connected to, as long as it works. Also, if node goes down or out of sync, the wallet should connect to a new node without any user input. Maybe even hit multiple nodes in parallel for extra speed (for refreshing…

IOTA Trinity Wallet: Next Steps

The Trinity wallet, previously known as the ‘UCL Wallet’, was a project started as a Master’s thesis by University College London student Charlie Varley. The intention was to develop a cross platform mobile application that would serve as an alternative IOTA wallet for the community. At the time there was only the Official Desktop wallet and a third-party Android wallet. Over the past few months, developers from the community have joined Charlie in the development of the wallet. This has allowed for a number of additional…

Prepare for the January 28, 2018 IOTA Snapshot (updated)

Update January 29th, 2018The 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 release of the IOTA Reference Implementation Version 1.4.2.1 (IRI) and the updated official IOTA Wallet Version 2.5.7.Fullnode operators are asked to upgrade to the latest version and start with an empty database (e.g. remove mainnetdb/* and mainnet.log).IOTA token owners should…

IOTA: The new wallets (yes, plural!)

IOTA: The new wallets (yes, plural!) Admittedly, the current IOTA wallet is not one which is going to win a community prize for its posh-and-shiny beauty.The current IOTA wallet But as the developers have promised there is more to be revealed soon and I would like to sum up what we know so far.1. Trinity What most of us have come to know as UCL wallet has now been renamed “Trinity”. This wallet has been developed by a team at the University College London (UCL) Centre for Blockchain (hence the former name “UCL…

IOTA: Why the FUD makes sense

IOTA: Why the FUD makes sense Having done my research about IOTA (thank you for more than 100,000 views for my articles in the first three weeks of January by the way!) I think it is necessary to inform people out there about the FUD (Fear-Uncertainty-Doubt)-campaign against IOTA. In the following, I shall argue that the FUD against IOTA makes sense because IOTA itself is FUD! IOTA is FUD because it causesFEAR among those who can grasp IOTA’s potential; UNCERTAINTY among those who worry that if only half of what IOTA…

Prepare for the IOTA Snapshot

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 this writing, it is a coordinated roll-out usually in tandem with an update of the node software (“IRI”). The snapshot compacts the Tangle by removing parts of its history, except addresses with value. The good: Your IOTA tokens are 100% safe, even if you do not do anything, are on vacation…

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