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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…

Welcome Koen Maris to the IOTA Foundation

Koen Maris is Chief Technology Officer in the field of cyber security for Atos in the region of the BeNeLux and the Nordics. Together with his team he scouts for new technologies and how to embed them into new services for the organization to serve their customers. He is recognized as a distinguished expert in the organization. Koen Maris started an IT career as a software developer. This experience provided solid background in complex environments and a basis in the roll-out of challenging IT projects. After a few…

Welcome Clara Shikhelman

Clara Shikhelman has shown interest in mathematics from a young age. Following her passion for the field, she commenced her studies at Tel Aviv University at the age of 14. After serving in the IDF as an R&D team leader in a leading intelligence unit, she resumed her studies. She received her Masters degree from the Weizmann Institute and returned to Tel Aviv University where she is currently pursuing a Ph.D. in Mathematics under the supervision of Prof. Noga Alon. Her main research interests are Graph Theory,…

IOTA: The hardware part

IOTA: The hardware part Many people have invested in IOTA because it is a great software solution being adopted by big companies already due to its advantages in speed, scalability and feelessness. However, many people do not know about the hardware aspect which will be the actual reason for IOTA to succeed. So I decided to summarize what we know so far and stumbled on some interesting aspects which I did not expect!1. A long tech story short IOTA is the software protocol which was developed as a result of the development…

IOTA: The bigger picture

IOTA: The bigger picture IOTA has gained lots of interest over the last weeks. Consequently, many people stick to daytrading and are hoping for “another 20% within the next 48hrs”. Yet there is more to IOTA than some short-term gains and in the following I shall address some links which might have not been obvious so far.The Foundation The Big Companies Financial Industry Other areas1. The Foundation First of all, there is the IOTA Foundation itself: registered as an entity under German (!) law, it is the first…

IOTA partners with ITIC

We’re happy to be able to announce that after getting Joachim Taiber as advisor to the IOTA Foundation, that we’ve now officially partnered with the International Transportation Innovation Center (ITIC), to collaborate with them to work on autonomous vehicle testbeds. In this blog post, we’ll delve a bit deeper into what we’re doing here, that further fosters the IOTA ecosystem, but also goes beyond distributed ledgers alone.Powering the future of Mobility Testbeds enable the incubation of cutting-edge technology, so…

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