Tag: IOTA

Decentralized Marketplace Based on IOTA Wins Coronavirus Hackathon

As the coronavirus crisis continues, numerous projects and companies want to offer¬† a helping hand. During the previous week of the CODEVID19 Hackathon, an application based on IOTA technology took first place. The coronavirus crisis has certainly highlighted many shortcomings in society. IOTA Technology x Coronavirus Especially when it comes to logistics and technology, there are many aspects that need to be improved upon.¬† There are also ample questions regarding …
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IOTA Foundation Will Reimburse Holders who Lost Funds Through the Trinity Incident

When the IOTA network was shut down out of the blue, many people expected funds to be lost. It now appears that is indeed the case, but users will seemingly be reimbursed. The IOTA network was forcibly shut down by the developers several weeks ago. Reimbursing Affected IOTA Users As it turns out, that was the only viable course of action in the end. One thing users have wondered about …
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What Comes Next for IOTA Following the Multi-week Shutdown?

Many 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, …
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The IOTA Network Will Come Back Online Next Week

When the IOTA network was shut down due to an exploit, many expected the situation to return to normal soon. That is not the case, as the network is still offline today. Shutting down any financial system for over two weeks on end is unacceptable. IOTA Network Will Resume in 7 Days In the case of IOTA, temporarily halting the network was the smart decision. Hacking attempts had indicated how …
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