IOTA (MIOTA) News, Price Predictions, Opinions and Analyses Created by Users

IOTA (MIOTA)

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Launched in 2015, IOTA (MIOTA) is a unique project that differentiates itself from the other major cryptocurrency projects by virtue of its Decentralized Ledger Technology (DLT), called the Tangle, which is based on a Directed Acyclic Graph (DAG). The IOTA Foundation, which spearheads decision making for the project, was established by Dominik Schiener and David Sønstebø, and is headquartered in Germany. 

IOTA is a project that has received a lot of attention for its unique Tangle technology, which, while a Decentralized Ledger Technology (DLT, is not the same as the technology used by BitcoinEthereum and many other cryptocurrency projects . The MIOTA token has received much coverage because of this technology, which the team claims will work faster as more transactions are tacked on to the Tangle.

IOTA’s primary focus is on the Internet of Things, which the purported advantages of Tangle would be ideally suited to, considering that the number of devices in the world is expected to top 50 billion by 2025. One part to IOTA’s vision is to link different technologies, and this may be possible with the ever-accelerating processing speeds of IOTA’s technology. The team has already established multiple partnerships with notable entities in different industries, entities that seek to leverage the power of the Internet of Things to boost their business. One example of this is Volkswagen and Jaguar Land Rover.

The project most recently announced the death of its coordinator on the network, a necessary element that ensured that the network was operating according to plans. However, being centralized, the coordinator requires removal, so one of the next upcoming developments for the team is to remove the coordinator.

In this tag, read IOTA (MIOTA) news, price predictions, opinions and analyses created by users.


Record Speed in the Curiously Anticipated Network of Popular Altcoin IOTA!

9 Jul 2020 1 minute read 1 comment DHEagle

Early progress updates from Pollen, the first IOTA 2.0 test network infrastructure, performed more than 20,000 transactions between nodes in the network.  First Pollen Testnet Results Show Improved Performance In the tweet on Tuesday, July 7, 2020, I...

IOTA project: Faster, cheaper and safer transactions

7 Jul 2020 1 minute read 0 comments PhoenixDev

The IOTA project was created in late 2015 by Sergey Ivancheglo, Sergei Popov, Dominik Schiener and David Sontesbo. This project sought to create a faster, safer, cheaper system that could be easily scaled, allowing transactions between machines and...

Founder of IOTA: Bitcoin and Ethereum Are Not Decentralized

6 Jul 2020 2 minute read 0 comments PassionCryptodotcom

The founders of IOTA , Dominik Schiener and David Sønstebø, describe that the blockchain cannot solve all the problems of the future, so the IOTA Tangle has been developed. Bitcoin and Ethereum are not decentralized despite blockchain technology, be...

IOTA tests its future decentralization with “Pollen”

4 Jul 2020 1 minute read 0 comments NassiroV

Image Source IOTA is not quite a cryptocurrency like the others: its network is not based on a blockchain but on Tangle technology. This architecture made the network very centralized, but an improvement called "Pollen" is being tested to better dis...

Finnish Start-Up Relies On IOTA For The Smart Village Project

4 Jul 2020 2 minute read 0 comments PassionCryptodotcom

The Finnish start-up Heliostorage relies on IOTA Tangle for the implementation of its geothermal storage solution. Heliostorage technology is already being implemented as part of a Smart Village project in Finland. According to an article by alyky...

Where is IOTA heading ?

2 Jul 2020 2 minute read 0 comments McAlex7

You might know IOTA who was created back in 2017, who is an experimental cryptocurrency & an open source protocol which aims to provide a secured payment method regarding monetization of data. IOTA is quite different from the others cryptocurrencies,...

IOTA: Release of the Coordicide In 3 Phases: Pollen, Nectar, Honey

1 Jul 2020 2 minute read 0 comments PassionCryptodotcom

The release of IOTA 2.0 will take place in three phases: Pollen, Nectar and Honey, Honey being the final candidate version for IOTA 2.0. With Nectar, the incentive testnet will be launched in the second half. The IOTA Foundation has published new...

IOTA and Decentralization

1 Jul 2020 3 minute read 4 comments Zenthereum

IOTA as its name suggests is a project dedicated to creating a cryptocurrency having as its use case the upcoming technology called the Internet of Things (IoT). This tech is being discussed a lot, for more than a decade and it is a concept that is c...

IOTA: First Public Coordicide Testnet To Be Released Next Week

26 Jun 2020 2 minute read 0 comments PassionCryptodotcom

According to IOTA Foundation developer Hans Moog, the first public coordination testnet will be published next week, until June 30. The release of GoShimmer v.0.2.0 is an extremely important step for IOTA to perform much faster iterations between su...

A Brief Guide to Advanced Smart Contracts

21 Jun 2020 6 minute read 0 comments falconite

The roaring popularity of blockchain technology owes a great deal to the brilliance of smart contracts. Conceptualized by computer scientist Nick Szabo in 1994, a smart contract can be considered to be a set of instructions (usually in the form of a...