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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…

The Secret to Security — Is Secrecy

In today’s world, security is imperative for maintaining control of your belongings whether physical or virtual. Cyber security is vital to keeping you protected, safeguarding your integrity, and avoiding unwanted data disclosure. IOTA provides robust cyber security measures around data integrity and confidentiality, and is even future proof against quantum attacks. While these technological security features are a major benefit to using public/private key encryption, the keys themselves rely on more “human” security…

How ElaadNL built a PoC Charge Station running fully on IOTA, and IOTA only

TL;DRA charge station running on IOTA, for payment of the energy, all communication with the customer via IOTA and storing measurement values (like a smart meter) into the Tangle. It’s awesome, you should read the whole article!At ElaadNL we are researching and innovating with new technologies. We are currently researching the possibilities of Smart Charging in the power grid. We see that DLTs (Distributed Ledger Technologies) can have real impact on the information flow and security of the grid, because of the…

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…

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