Today's Hot Topics

IOTA & Audi Release Details On New Project

Over the weekend, the IOTA Foundation has told its community that its combined five-month effort with a team from the vehicle manufacturer giant Audi has ended with a good outcome. The team has been shown the final results of the last project to a small crowd in Berlin and Ingolstadt. The presentation to the selected crowd seemed to be a success and provides us with another example as to why it's important to look into the emerging technologies such as IOTA because of their approach which puts customers at its core. It’s refreshing to see within this industry. The IOTA...

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Are Bitcoin Transfers Foreseeable For IOTA?

In theory, when you send Bitcoin or any other cryptocurrencies to someone, it should be as easy as sending a text or posting a picture on Facebook. Well, this could soon be a reality as the IOTA Foundation has said that it’s planning to update its crypto software wallet Trinity in order to make this possible. The Internet of Things - or IOTA - is a cryptocurrency which uses a drastically different model from a traditional blockchain. Instead of organising transactions in blocks, it sections IoT enabled devices into nodes on a decentralised ledger which is connected through overlapping paths...

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Win Big At IOTA

Engaging with your community is important for any business or creator. When it comes to IOTA they have come up with an idea to do just that, by giving credit to the community for their discussions that have helped the thought process around the potential of the project, IOTA announced it is now launching a new community contest named the Perfect Brainstorm. The IOTA contest aims to bring together the business-oriented, visionaries and brightest thinkers to seek out new use cases enabled on IOTA. According to blokt: “The winning contestant will receive $300 and will work with the IOTA Foundation...

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IOTA Reveals Plan To Phase Out The Network Coordinator

For the first time, the IOTA Foundation has revealed that it plans to slowly kill off its centralised coordinator which is seen as a centralisation risk to many. On its blog post this week, the foundation noted a sequence of steps that it intends to take before ‘coordicide’, which it sees as a massive milestone on the road to complete decentralisation. IOTA network vulnerability Even though IOTA is not a blockchain but a Directed Acyclic Graph, it does employ proof of work network security mechanism like a blockchain. Logically, this basically means that if a user were to command enough...

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TRON, XRP & IOTA Break The Headlines This Week!

What a week it’s been on the crypto markets. Investors may be feeling a little withdrawn and overall, things have looked a little bleak through the week as a result of what looked to be a huge market downturn. We see this as a prime example of how volatile the markets are, there are big lessons to be learned when the markets crash like this, these lessons are explicit but simple - cryptocurrency investment is very risky. When we tell you to only invest what you can afford to lose, this is why. Nobody knew this fall would happen since...

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