Two years ago, in January 2016, Cointelegraph published an interview with David Sonstebo, the CEO of IOTA, who listed out his vision for a Blockchain-less cryptocurrency and explained about the technology behind IOTA. From its humble beginnings, IOTA is now ranked in top-10 world’s cryptocurrencies. Cointelegraph caught up with David again for a conversation about the recent events and the overall journey of IOTA. Cointelegraph: IOTA’s price exploded abruptly after the Microsoft Partnership announcement, only to drop down after ‘the clarification.’ What do you think happened there? Was it just a misconception or could there be any deliberation from any …
The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. After a bumper 2017, the cryptocurrency market is attracting new traders who wish to make a fortune in short time. While this is a bullish development, it is also fraught with risk. Most newbies entering the markets believe that it is a ‘get rich quick’ scheme. However, a majority will end up investing in coins that are likely to vanish from the scene …
Yesterday IOTA announced a major platform release allowing data monetization using micropayments through their distributed ledger technology. The data solution has already garnered huge partnerships from Microsoft, Fujitsu, Bosch, Deutsche Bank Telekom, and others. IOTA has already issued its tokens of the same name under their token sale earlier this fall. The company has created what it considers a better option in Blockchain technology evolution called ‘tangle.’ Through this system, the company is creating a way for connected devices to be able to transfer, buy and sell diverse datasets while creating access to data that often sits unused, all with …
Use of cryptocurrency has become more accepted and mainstream recently, and in the last six months there have been a couple of significant developments in crypto's progress towards widespread adoption. First, the huge investments and price increases during the "summer of Bitcoin" have put cryptocurrencies in the news and shown they can retain investment value despite shocks. Secondly, the cryptosphere at large has seen a push to address and confront major issues that could impact user adoption long-term. In search for good enough in all respects Among these issues are those of compatibility and interoperability. Forks, lightning networks, and atomic …
SatoshiPay has announced that it will be phasing out Bitcoin, and thus Blockchain technology, as its preferred settlement network. Instead, they are partnering with the IOTA Foundation due to faster transactions with much lower fees. Bitcoin has been the original Blockchain technology on which a number of businesses have built their services on. SatoshiPay is just one of those companies to use Blockchain technology, but they are now looking beyond that to a microtransaction Blockchain-less crypto token called IOTA. SatoshiPay began using Bitcoin in 2015 as a system to settle these micropayments, and back then it was a viable option …
In the early hours of Saturday, IOTA advanced as much as 41.32 percent and moved up one place in the rankings. In the process, it made a casualty of privacy-centric Dash to become the number seven digital currency. The swelling pushed IOTA's market value to more than $1.7 bln. Veritably, this marked the second time the business-to-business token is overtaking Dash in the rankings. It will be recalled that barely two weeks ago when IOTA, in an extraordinary move, entered the elite zone. Dash was one of the three entities it shoved aside. Will Dash fight back? Given the resiliency …
IOTA caused an upset when it reached the top arena of CoinMarketCap, sending some altcoins trembling down the rankings, while others bid goodbye to the creme de la creme positioning. The upset was intriguing, especially considering that IOTA traded almost $40 million in 24 hours after being listed on an exchange Although the success came hot on the heels of IOTA being touted as an exciting technology during its ICO, the rise was unprecedented. Cointelegraph decided to ask David Sønstebø, Co-founder of the IOTA, for more clues about the sudden upshoot. Zero pump and dump Cointelegraph: What has actually shot …
IOTA, the decentralised Internet of Things tokens, is now going into beta version. IOTA is a micro-transaction crypto-token that will facilitate the architecture involved with IoT. The IOTA protocol runs off of Tangle, which has similar functionality to a blockchain yet acts more like an emulated version, giving it more versatility. IOTA tokens will be available for testing by a limited number of users outside the company starting early February, said its co-founder David Sønstebø. David Sønstebø had earlier talked to Cointelegraph in October 2015 after the release of IOTA. We catch up with David again, to hear more about …