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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…

IOTA Tangle: Introductory overview of white paper for Beginners

IOTA Tangle Graph from http://www.tangleblog.com Welcome Hello blockchainer! Today’s topic is an enhanced mutation of blockchain — The Tangle of IOTA. This post serves as a very beginner-level overview of the crypto with 9th largest market cap , IOTA. All the graphs and contents are fully credit to IOTA’s white paper. Update: A speech with topic of IOTA Tangle and Cryptographic Vulnerabilities, delivered by two friends of mine (Alan Yip and Martin Shin) and me, is ready on Youtube: IOTA Tangle and Cryptographic…

Official IOTA Foundation Response to the Digital Currency Initiative at the MIT Media Lab — Part 4…

4. Vulnerabilities Found in the IOTA Hash Function DCI’s claim:“Once the Digital Currency Initiative published the break in IOTA’s curl hash function, its author, Sergey Ivancheglo, offered two conflicting explanations for the vulnerability. The first explanation was that the flaw was intentional — that it was meant to serve as a form of “copy protection.” If anyone used this code in their own work, he said, the IOTA developers would be able to exploit the flaw and damage other systems that were using the hash function.…

Official IOTA Foundation Response to the Digital Currency Initiative at the MIT Media Lab — Part 3…

2. IOTA Protocol Security and Tangle Reliability DCI’s claim:“Whether or not IOTA’s ledger is “tamper-proof,” the entire IOTA network went down in November, and was completely inoperable for about three days. That this has never happened in Bitcoin or Ethereum suggests the extent to which the IOTA network relies on the “coordinator” — a single point of failure — and is not truly decentralized.” The referenced shut down actually took place in October and was related to an attack on the network which would have resulted in…

Official IOTA Foundation Response to the Digital Currency Initiative at the MIT Media Lab — Part 2…

Concerted Attacks Against IOTA Given that many of the claims leveled against IOTA are at best unintentionally misleading, and at worst, purposefully so, we are compelled to ask why, given the hundreds of projects in the DLT space making all sorts of questionable design decisions and even perpetrating outright frauds, there has been so much concerted effort on discrediting our particular project. While our primary focus is and always will be on the technology behind IOTA, we would be negligent if we did not at least do our…

Official IOTA Foundation Response to the Digital Currency Initiative at the MIT Media Lab — Part 1…

The IOTA Foundation was established in Germany in 2017 to support the development of the IOTA platform and related technologies. The aim of the foundation has always been to operate in a collaborative manner with other parties. Over the last few months, however, the IOTA platform has been the subject of ongoing criticism by the Digital Currency Initiative (DCI) team at the MIT Media Lab. This document serves as the IOTA Foundation’s official and comprehensive response to these criticisms. Editor’s Note: All of the…

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