IOTA News: Foundation, distributed developer-scholarships News

IOTA News: The Ecosystem for crypto-currency for the Internet of things is spread. The company currently grants to developers who come up with different projects. In addition, there is news from the developer side.

By Phillip Horch
8. August 2019BTC$11.770,00 -1.74% part Facebook Twitter LinkedIn xing mail

IOTA wants to develop further. In addition to announcements in the recent past, the developer team now published an Update to scholarships for programmers. Thus, the project, which sees itself as the future basis for the Internet of things, in the Blockchain Ecosystem, establish wants.

One of the scholarships goes to the team of developers of the "TangleKit Gbr". Sebastian Fuchs, Maximilian hare and Alexander spur get, therefore, 154,000 Euro, a IOTA Fullnode called the Hornet set up. This should make it possible IOTA of Nodes set of terminal devices such as the raspberry Pi.

56.240 Euro go above and beyond to Olaf of Wijks project AION. Wijk is currently working on a project for "selective Permanodes". The money should go in AION. This is an Open-Source method for the management of IRI (IOTA Reference Implementation, a Core Client).

Another 7,000 dollars to go to an Italian Software developer. Pasquale Ambrosini has already worked on the development of the Trinity Wallet. With his grant, he wants to create a IOTA library and a sample application for iOS devices, which use this library.

More news at IOTA

the Foundation reported on its Blog that it is currently working, among other things, the Bee-project. This should be based on the Qubic Team developed EEE specification to allow maximum decoupling between each of the modules in the Tangle. The Team is also working on Qubic Logic Element. Thus, it should be possible in the future to have Qubic-compatible ASICS.

Finally, the IOTA-developer-Team reported that it can be recorded in the case of IRI progress. Accordingly, the synchronization in the Tangle to be become significantly better. According to the report, it is now possible to synchronize all the transactions in one day in less than 45 minutes. In addition, we have optimized the Cumulative-Weight algorithm, which leads to further acceleration pull.

Further progress IOTA recorded according to the blog post in the Software implementations cIRI, Trinity, MAM, and various TestNets.

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