What Comes Next for IOTA Following the Multi-week Shutdown?

TheMerkle Omoku IOTA BrokerMany cryptocurrency enthusiasts are wondering how things will progress for IOTA. Following an outage of nearly three weeks, the coming weeks may prove crucial for this ecosystem. Shutting down a financial system for nearly three weeks is always unacceptable. Is There a Future for IOTA? This is especially true in the cryptocurrency world, where decentralization should prevent something like this from happening. Although the IOTA developers did the right thing, the duration of this incident leaves a lot to be desired. Now that the re-launch of the network draws closer, a lot of questions need to be answered. Since no

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IOTA Network Down for 11 Days – Devs Claim Mainnet Will Be Operational Next Month

IOTA Network Down for 11 Days - Devs Claim Mainnet Will be Operational Next MonthThe IOTA network has been down for approximately 11 days and the IOTA Foundation doesn’t expect the mainnet to be reactivated until March 2. On February 14, our newsdesk reported on the beginnings of the IOTA outage, when the network status page indicated that it was down. The page still warns IOTA’s mainnet is “not […]

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IOTA Foundation Paused the Network to Prevent Further MIOTA Theft

TheMerkle Omoku IOTA BrokerIt is rather uncommon for a cryptocurrency network to grind to a halt. In the case of IOTA, the Foundation somehow managed to shut down the Tangle due to an incident.  When developers or a Foundation can “pause” a network, there is something amiss. The IOTA Network can be Paused The core concept of cryptocurrencies is to be decentralized without central authority or control.  In the case of IOTA, it appears there is some degree of centralization, albeit it may be a good thing in this regard. By shutting down the Coordinator node – which will be removed altogether in

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What is the IOTA Academy?

TheMerkle Omoku IOTA BrokerIt is pertinent for individual cryptocurrency projects to keep evolving. Especially when it comes to getting more developers excited about certain ecosystems, no efforts should be spared. The IOTA Foundation has recently unveiled its IOTA Academy., which is designed to accelerate the development of this ecosystem There are also three different course formats to choose from, which is rather interesting. The IOTA Academy has Arrived As the name somewhat suggests, the IOTA Academy will serve a very specific purpose. It is the new go-to place for aspiring developers who want to get involved in this ecosystem accordingly. Additionally, there will

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Top 6 Partnerships Capable of Taking Iota to the Next Level

Partnerships play an integral role in the world of blockchain and cryptocurrency. Projects focusing on innovative concepts need to gain mainstream traction if they want to survive in the long run. The IOTA team has been actively working on forging key partnerships with some of the biggest companies which come to mind. The following examples […]

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Ion Is a Tangle-Based, Decentralized Version of Skype

Peer-to-peer communication is very difficult to achieve without centralized companies. Skype was originally designed to be such a tool, yet it is fully controlled by Microsoft these days. Ion aims to be different, as it is entirely based on IOTA’s Tangle for decentralized P2P communication. Ion Merges Skype With IOTA One has to commend blockchain […]

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IOTA Tangle Transactions Nosedive as Spammers Create Parasite Chains

IOTA Foundation Head, Lewis Freiberg, attempted to explain alleged scalability and transaction issues at the project. The world’s number 9 cryptocurrency by market capitalization is under some pressure to clarify why its answer to traditional blockchain technology, the Tangle, is increasingly having to deal with spammers who create parasite chains or ‘Side Tangles.’    Also […]

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