Learning how to mine IOTA takes a little research and patience. This is because the cryptocurrency is unique in many aspects. Unlike most cryptocurrencies, IOTA doesn’t utilize a blockchain network or require miners to validate transactions. Additionally, you never pay transaction fees. All of these factors and more make IOTA an attractive option for cryptocurrency investors and miners alike. The only problem is that it takes some effort to learn how to mine IOTA without dedicating your entire PC. Continue reading How to Mine IOTA Without Installing a Full Node
The IOTA Foundation has revealed for the first time that it plans to gradually phase out the IOTA network Coordinator, which some see as a centralization risk. In a series of posts on its official blog on this week, the foundation outlined a sequence of steps it plans to take before “Coordicide”, which it sees as a major landmark on the road to complete decentralisation. Continue reading IOTA Outlines Plans for Killing Off its Centralized ‘Coordinator’
When analyzing a project, the Eden Labs team looks for projects that do something unique or do it much better than its competition. Quality projects should be able to explain complex ideas simplified to their audience. In addition, projects that rely heavily on a broad user base have to have an incentive for the first ten people to join the network before a million users is ever achievable. No project will succeed if it requires a million participants to bring any value to its users. Continue reading Eden Labs – IoT Solutions, Part 1: IOTA
You can now trade IOTA directly with Euro on CoinFalcon! Using simple new Buy & Sell interface, you can buy and sell your IOTA for Euro on your desktop or mobile device. If you are an advanced trader, you can check out IOT-EUR market to get started with 0% maker fees.
With bitcoin, ethereum and other big name digital currencies regularly making the news for their role in controversies and developments, it is often easy to overlook the rest of the cryptocurrency market, even those rising in prominence like as IOTA. With a market cap of around $5 billion, it is currently the eleventh most valuable cryptocurrency. Unlike others, however, IOTA has its own unique spin on the blockchain tech, called Tangle. It is also able to boast zero transaction fees. In recent times, IOTA’s heritage in the German capital has clearly attracted several indigenous companies with deep pockets. For instance, the Chief Digital Officer of Volkswagen Group, Johann Jungwirth, is one of the board members of the IOTA Foundation. Bosch Group, through its venture capital arm, RBVC, has also invested an undisclosed amount and works closely with the foundation. When interviewed by Bloomberg, IOTA co-founder Dominik Schiener shared his belief that with these new partnerships, IOTA is heading for the “next growth cycle”. There are also rumors circulating in the crypto community surrounding a possible smart contracts-like feature in IOTA. Setting up multiple offices around the world, including ones in Canada, Japan, Norway and South Korea, is perhaps in anticipation of explosive growth following these changes.