Amazing Crypto

Category: IOTA

  • IOTA Foundation showcases improved algorithm with better security and scalability

    IOTA Foundation showcases improved algorithm with better security and scalability

    The IOTA Foundation recently presented a research paper with a novel algorithm for improving the network’s ability to combat spam attacks and congestion. The algorithm takes elements from proof-of-work algorithms, like Bitcoin’s, and proof-of-stake algorithms, like that being developed for Ethereum. Improving the IOTA algorithm The paper, “Achieving Fairness in the Tangle through an Adaptive…

  • IOTA launches major network upgrade Coordicide, removes centralized network coordinator

    The IOTA Foundation announced the launch of Coordicide, a planned protocol upgrade which removes the network’s centralized coordinator. According to the press release, Coordicide aims to provide a new type of decentralized mechanism for securing data and digital assets on IOTA’s Tangle-based network. As mentioned in the release, IOTA’s Coordicide update will address three main issues…

  • IOTA aims to use IoT to build smarter cities in Texas

    IOTA, one of the fastest growing blockchain foundations on the world, announced that it will sponsor the first inaugural Texas Smart Cities Summit, an event that aims to accelerate smart city efforts in the state of Texas. The company will also hold several events throughout the summit, it said in a statement. Smart Cities Initiative…

  • Jaguar testing IOTA rewards for drivers, MIOTA shoots up by 11.6%

    Jaguar testing IOTA rewards for drivers, MIOTA shoots up by 11.6%

    Jaguar Land Rover is testing a “smart wallet” using IOTA; If launched, vehicle owners would be rewarded for sharing driving data and could “pay for tolls, parking, and charging for electric cars” using the cryptocurrency, according to Reuters on Apr. 28th. IOTA is a distributed ledger that, unlike Bitcoin which leverages a blockchain data structure, uses a directed…

  • IOTA Community Assists in Cataching Hacker Who Stole $11 Million MIOTA

    The IOTA community was able to help gather enough evidence to allow authorities to catch an alleged hacker who stole over $11 million MIOTA tokens in early 2018. The suspect was apprehended by German Police and Europol at the end of January. IOTA said in a blog post that it was “proud to see collaboration between…

  • Going Beyond Blockchain with Directed Acyclic Graphs (DAG)

    If organizations could only augment blockchain’s strengths—its immutability, security, and decentralization—while addressing its latency and scalability issues, it could become the vaunted enterprise tool it was initially intended. That day will soon come courtesy of Directed Acyclic Graphs (DAGs). Blockchain’s premise is straightforward, utilitarian, and more lucrative than that of any other new technology to…

  • Report: Most Major Crypto Assets Show Close Price Correlation

    Report: Most Major Crypto Assets Show Close Price Correlation

    The 2018 bear trend brought an increase in correlation across the leading cryptocurrency markets, with recent research indicating that 10 of the top 15 crypto assets by market cap show a price correlation of more than 64%. Additionally, five cryptocurrency pairs show a correlation larger than 80% for 2018 – ADA and XLM, BTC and…

  • Ethereum, TRON, Iota Lead in Peformance Adjusted for Risk by Sharpe Ratio, Bitcoin Underperforms

    Ethereum, TRON, Iota Lead in Peformance Adjusted for Risk by Sharpe Ratio, Bitcoin Underperforms

    Ethereum, TRON, and Iota have outperformed most other major cryptocurrencies by the 30-day Sharpe ratio, a measure developed by Nobel laureate William F. Sharpe to evaluate the return of an investment relative to its risk. Meanwhile, Bitcoin’s performance was dismal. Within the last 30 days, the market has experienced a robust recovery after bottoming out…

  • Last Year’s Altcoin Army Have Become This Year’s Bitcoin Brigade

    Last Year’s Altcoin Army Have Become This Year’s Bitcoin Brigade

    This time last year, altcoiners were jubilant at the soaring value of their respective cryptos, while gloating at BTC’s diminishing dominance. “Penny coins” such as Ripple, Iota, and Verge were rocketing, with fanboys decrying any media outlets that dared to “FUD” them. One year later, and most of those altcoiners have crawled back into the…

  • A Look Back at the Top Cryptocurrency Markets From Christmases Past

    A Look Back at the Top Cryptocurrency Markets From Christmases Past

    The cryptocurrency ecosystem has grown dramatically in just a few years, with the number of crypto markets increasing from 59 in 2013 to over 2,000 today. Looking at historic snapshots of the cryptocurrency markets from Christmases past also shows a significant turnover in the leading altcoins by market cap. Also Read: Report Finds a Strong Relationship…