- The IOTA Foundation’s roadmap for 2020 throws light on privacy, scalability and offers details about the software upgrade.
- A light version of IOTA wallet, called Spark, will be released soon as a simple web-based solution for wallets with fewer coins.
The IOTA Foundation is planning to update the present IOTA technology stack to support the demand for real-world applications. One of its most progressive solutions is its autopeering technology. This lets a node run and automatically connect with its neighbors instead of the user having to look for the most suitable peers. Addressing the decentralization challenges, IOTA is planning to reconsider its node software clients written in the Rust language. Bee, the minimum implementation, will be launched by April 2020, which will provide users with limited resources to take part in the IOTA network.
The Masked Authenticated Messaging (MAM) solution will be solving privacy issues. MAM will enable devices, regardless of size, to emit and access encrypted data streams. This feature will be introduced on six programming languages. IOTA also intends to upgrade Trinity - its own wallet. Additionally, a light version of the IOTA wallet called Spark will be launched as a simple web-based platform for wallets with less number of coins.
IOTA will be releasing a new ID solution, following the identity management R&D trend within the blockchain industry. The Unified Identity Protocol will implement cutting-edge standards, which will make way for the identification of people, organizations, and things.
IOT/USD had three straight bullish days from Wednesday-Friday in anticipation of this news, going up from $0.155 to $0.165. Currently, the price has gone down a bit to $0.1637.
Follow us on Telegram
Stay updated of all the news
Cardano price coils up for a 15% rally as 6.61 million ADA net flow value comes in
Cardano (ADA) price appears to be ready to finally break out from the consolidation after flipping above a crucial roadblock. The optimism comes as the ADA token recorded a massive spike in large transactions nearing 35,000 in 48 hours.
Ripple price eyes 25% breakout as XRP community anticipates June 13
Ripple price is coiling up for a breakout amid revitalized optimism in the community, counting the days to June 13. XRP could explode 25% to new range highs, levels last seen in May 2022. Invalidation of this bullish outlook will occur upon a daily candlestick close below $0.49.
Shiba Inu tests 50-MA despite whales accumulating billions of SHIB tokens
Shiba Inu (SHIB) price has favored the bulls for a week now, extending its gains for the second consecutive session. This comes as sentiment across the crypto market continues to improve, initiated by the crypto king, Bitcoin (BTC).
Ethereum price at catch-22, pressed between this bullish outlook and a waning of momentum
Ethereum (ETH) price is trading with a bullish bias, following Bitcoin's (BTC) heels. The Proof-of-Stake (PoS) token is up a staggering 60% in 2023, which is no mean feat considering the gloomy outlook in the market, characterized by the extended bear market.
Bitcoin: BTC targets $30,000 as short-term bias turns bullish
Bitcoin (BTC) price shows a clear sign of the bulls’ victory. After failing to trigger a steep correction, bears look now out of context, at least in the short term, allowing buyers to restart a minor uptrend.