IOTA (MIOTA)

IOTA has seen many of the issues Bitcoin and Ethereum have with the POW (proof-of-work) and POI (proof-of-importance) models and looks to improve them with their revolutionary transaction validation network simply called “tangle”.

When issuing a transaction in IOTA, you validate 2 previous transactions. This means you no longer outsource validation to miners which requires wasteful amounts of computing power and usually a large stake of coins. These required resources are, in effect, centralizing the currencies which many believe were created to be decentralized in the first place.

With IOTA, the more active a ledger is, the more validation there is. In other words, the more people who use it, the faster it gets. You don’t have to subsidize miners, so there are no fees on transactions. That’s right: zero. The IOTA team has been actively developing blockchain technology since 2011, and created the IOTA foundation and company in 2016. Since its emergence, the team has been continuously growing, attracting exceptional talent from around the world.

For more information on IOTA’s team and their revolutionary“tangle” technology, check out “What is IOTA”.

Top News

Ethereum Completes Istanbul Hard Fork

Ethereum Completes Istanbul Hard Fork

This is the Ethereum network’s first hard fork since Constantinople in February. It is said to improve speed and gas efficiency. It was activated at block number 9,069,000. Ethereum completed its Istanbul hard fork on December 8th, 2019. This is the Ethereum network’s first hard fork since Constantinople in February. …

Read More »

Tezos Foundation Ready to Fund Ethereum’s Projects

Tezos Foundation Ready to Fund Ethereum’s Projects

The Tezos Foundation (TF) is willing to provide funding for some of the Ethereum Foundation’s projects that were abandoned due to lack of financing. The Ethereum Foundation is planning on shutting down a lot of their international teams in 2020. Nina Breznik tweets on how her team wishes to continue …

Read More »

Ethereum Announces it’s Latest Update for Eth2

ethereum post is there proof read it.

First ethereum2 networking call to tackle all the networking and first eth2 phase2 community call to rally the effort. Parity’s Shasper joins Prysmatic’s Sapphire testnet.  Presentation, specification, and implementation of the new BLS standards. Ethereum announced an update on its blog on December 5, 2019. The update highlighted many new …

Read More »

Microsoft Helping Firms to Trust AI using Blockchain

Microsoft Helping Firms to Trust AI using Blockchain

Microsoft is using Blockchain technology as an option to make artificial intelligence less complicated. This blockchain data manager takes on-chain data and connects it to another application so the transaction data from nodes can be sent to other databases. The tracking of shipments of organic beef from Argentina could be …

Read More »

SBI Holdings to Pay Dividends in XRP Tokens

SBI Holdings to Pay Dividends in XRP Tokens

SBI Holdings CEO Yoshitaka Kitao reveals that the Japanese financial services giant has been considering paying shareholder dividends in the form of XRP tokens. The opt-in program is expected to launch during the fiscal year ending in March 2020. This latest move provides substantial credibility to Ripple and its overall ecosystem. …

Read More »

Facebook Presses for Regulatory Approval in the EU But Failed

Facebook Presses for Regulatory Approval in the EU

Facebook’s own digital currency Libra continues to push for establishing its presence in Europe. EU finance ministers agreed that private digital currencies should not be permitted until the risks are clearly addressed. Dante Disparte, deputy chair of the Libra project is determined to make a presence in the EU. Facebook’s …

Read More »

VeChain Launches VeVote in an Attempt to be More Transparent

VeChain Launches VeVote in an Attempt to be More Transparent

VeVote is a tool that the VeChain community can use to see the incoming changes in the VeChain ecosystem. VeVote provides a transparent and decentralized platform for stakeholders to cast their votes based on their voting authority. The whole process is executed via smart contracts and is recorded on the …

Read More »