Reviewing some of the main topics discussed at the IOTA Research Summit
The full article was originally published by Daniel De Michele on IOTA Hispano. Read the full article here.
Surely one of the things that most interests us in these days of IOTA is to know about the advances regarding the development of its technology and the strategic alliances of the Foundation. As we are used to through the IOTA blog we were able to read and see what the latest news was regarding the first topic mentioned.
This past February 21th, was held in Barcelona the IOTA Reseach Summit in which 18 of the members of this team participated. This particular team has the IOTA Research Council which was created at the end of 2018 in order to bring together the best researchers with experience in different fields to oversee the work of the hole team of experienced researchers.
In this article we will review some of the main topics discussed at this event. Read it to the end!.
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This IOTA Research Team team is divided into different departments which are specifically in charge of certain aspects. Each team has a leader and the whole department is oversee by the IOTA Research Council, created at the end of last year more precisely in November. The IRC set the strategic technological direction, provide academic oversight to IOTA research, assess and grant funding to academic partners, and oversee collaboration with academia and other research organizations. The team of researchers that IOTA has is one of the largest within any DLT.
Many interesting topics arose from the questions left by some IOTA Reddit users to be answered by this panel of researchers in which they were Hans Moog, Serguei Popov, Wolfgang Welz, Bartosz Kusmierz and Moody Alam.
Two of the main topics that have been worked on by this team of professionals were Coordicide and attack analysis. Some of the people in charge of different areas of research revealed the situation in which they find themselves in the midst of the investigations that are being carried out.
Bartosz Kusmierz is project owner of attack analysis, in a few words his team is in charge of making sure that nobody succesfully atack de Tangle. With respect to the attacks there are two on which they put more focus, one is the parasite chain attack in which progress is 50% and in the other hand splitting attack in which progress is below 50%, but Bart didn’t reveal much more about it.
Wolfgang Welz project owner of the Coordicide, made a review of the work being done with coordicide. It is a project with several edges and at the summit he made a brief review of each one.
The first one he mentioned is the Node Accountabilty. The basic principle of node accountability is to classify transactions as good or bad (typical examples of bad behaviour include double-spending attempts or a very large number of re-attachments). The idea was to create a reputation system, similar to object reputation systems used for peer-to-peer file-sharing. The reputation system would be conceptually similar to page-ranking algorithms, but much simpler and adapted to the needs of the IOTA ecosystem.