Browsing Tag

IOTA

iota
IOTA is a revolutionary new transaction settlement and data transfer layer for the Internet of Things (IoT). It is based on a new distributed ledger technology, the Tangle, which overcomes the inefficiencies of current Blockchain designs and introduces a new way of reaching consensus in a decentralized peer-to-peer system. Using IOTA, for the first time ever, people and machines can transfer money and/or data without any transaction fees in a trustless, permissionless, and decentralized environment. This means that even nano-payments are possible without the need for a trusted intermediary of any kind.

IOTA is the missing puzzle piece for the Machine Economy to fully emerge and reach its true potential. IOTA is envisaged to be the public and permissionless backbone protocol for the IoT that enables true interoperability between all devices.

AION: Update

Last few months I have been very busy with bringing AION to the next level, the level on which it can actually be used and becomes a product. So far the progress is steady but still away from fully finished. As always with new projects…

Toward a Green Future

In recent years, countries have begun talking about becoming more environmentally friendly.Brazil’s Green Initiative held its first meeting barely one year ago, discussing how to best push institutional financing toward funding green…

Verifiable Delay Functions

Part of the IOTA Foundation research team that’s based in Berlin submitted a paper to arxiv this month. The topic is verifiable delay functions and their potential role in denial of service attacks in IoT environments.Before we begin,…

Building Trust in the Modern Age

Trust between two parties in an interaction has always been pivotal in every exchange. Whether it was hunter gatherers exchanging berries for venison, or it was Joseph Bonaparte and Marquess Cornwallis signing the Treaty of Amiens to end…

The Sands of Time: Part I

This is part I in a series of pieces attempting to dig up chunks of history and relate those chunks to the present IOTA experience. Expect the first few parts of the series to lay fairly rigorous groundwork in order to enable proper payoff…

A Cauldron of Colors

The upcoming Chrysalis implementation of IOTA will enable numerous technical improvements. Cleaner code libraries leading to easier developer contributions, faster and more accurate transaction finality leading to “production readiness”,…

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