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IOTA News: IOTA Reference Implementation (IRI) 1.5.2 & gentle loss

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There is a small Update in the case of IOTA. With the updated IOTA Reference Implementation transactions to be more effectively in future. Meanwhile, the IOTA has had to cope with a course in a week over the course of a slight decline.

The IOTA Foundation is planning, with the IOTA Reference Implementation 1.5.2. (IRI) to fix some problems. According to the Blog Post by Dominik Schiener, the Update, among other things, the long confirmation times for transactions should be significantly shortened.

What is the IOTA Reference Implementation (IRI)?

IRI helps the Tangle to work. There must be in the IOTA System, each transaction on two prior transactions that required the Tangle IRI, in order to make this finding. You can find two valid Tips to attach it to the Tangle. At the moment, however, significantly more transactions to be validated, which can strain the IRI. With the Update, this Problem should belong to the past, and thus significantly faster transactions.

What else is going on in IOTA?

23. July the IOTA Foundation released the Video “IOTA Ledger of Everything – the Internet of Things Industry 4.0”. In it they explain in illustrious manner its ambitious Plan to become the basic currency for the Internet of things:

IOTA Ledger of Everything – the Internet of Things Industry 4.0

Watch this Video on YouTube.

The IOTA course (MIOTA)

While most of the crypto to move currencies in the Top 10 currently in the green area, must be reported to the exchange for the currency for the Internet of things slight losses. According to the IOTA course is a fall within the last seven days of less than five percent currently at 0.97 to the U.S. Dollar. Accordingly, IOTA is on place 9 of the crypto-currencies with highest market capitalization. This is currently $ 2.7 billion and a 24-hour trading volume of 34.3 million US dollars.

Recently, the IOTA Team presented a possible Use Case for your project. With Cariota you want to run the Tangle and Autonomous vehicles.

Who would like to learn more about IOTA, please refer to the following article: What is behind IOTA? Dominik Schiener and the Tangle.

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