IOTA: 200,000 euros for Troika-Tester

the The IOTA Foundation has on 20. December announced that it is working in cooperation with the cyber crypt is currently working on a new "lightweight trinary cryptographic hash function". The new Hash function should be called Troika, and the IOTA Protocol is a cryptographic basis. This promises to ultimately provide increased security for the infrastructure for the Internet of things.

By Phillip Horch
21. December 2018ShareFacebookTwitterLinkedInxingemail

IOTA wants to provide its Token and the associated Tangle of the infrastructure for the Internet of things. This crypto-walls, graphically, developed the IOTA Foundation, together with cyber-secure Hash crypt-function "Troika". The function is to improve the infrastructure of the Tangles. This evaluate has announced the Foundation now that it is open to the Public. It bat, indeed - and to make sound, created a total prize pool of € 200,000 developers to test the Troika on the heart and kidneys.

Troika: David Sønstebø is euphoric

To do this, the co-founder of the Foundation, David Sønstebø:

"The IOTA Foundation is honored and happy to be cyber-crypt to work. So we have world-leading safety for the IOTA can reach Protocol. We hope that this competition will bring the crypto Community together to solve security issues around the Internet of things.“

The function is based on trinary functions. In the undeveloped field of the Internet of things, the Team promises to be this best possible security. Furthermore, it is hoped that this is also an energy-efficient storage and transfer of data. Troyka should therefore bring a significant safety benefit for the infrastructure.

More information about the upcoming competition can be found here.

IOTA rate rises to ten percent

The IOTA course was able to win in the last few days, as the whole Bitcoin Ecosystem stronger. Accordingly, the IOTA-rate increased in the last 24 hours to about ten percent. Thus, the MIOTA-Token is currently at just under $ 0.35. The project is currently in twelfth place in the crypto currencies with the largest market capitalization and, therefore, before Monero (XMR) and behind Cardano (ADA).

our course pages here.