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      "body": "Congratulations @iotafeed! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/post4day.png)](http://steemitboard.com/@iotafeed) You published 4 posts in one day\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\n\nTo support your work, I also upvoted your post!\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> Upvote this notification to help all Steemit users. Learn why [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!\n\nDo not miss the [last announcement](https://steemit.com/easter/@steemitboard/celebrate-easter-with-steemitboard-the-eggs-opened-and-guess-what-popped-out) from @steemitboard!",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://blog.trusted-iot.org/the-trusted-iot-alliance-architecture-50ab2b45edcc",
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      "body": "🎁* **Big Offer get it befoer Run out !**🎁\n* **Limited offer for limited people.**\n_Get $0.10 upvote for 7 days on your every new post you make._\n_and eveyday random 1 person will get $10 upvote._\n\nWe have exclusive cheap plan for everyone. Visit our site to learn more and join the limited time offer at: [CLICK HERE TO JOIN AND MORE INFO](https://t.co/0SjNxobiG1)",
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      "title": "The Trusted IoT Alliance Architecture",
      "body": "![](https://steemitimages.com/DQmSyQNW5D6eGsRqArnEGtccyUBm1anft7ZeeMNxA9HezGb/image.png)All Credits to Zaki Manian | Original Post - https://goo.gl/8NVgrx\n\nOne of the most exciting outcomes from the Trusted IoT Alliance Face 2 Face meeting in Berlin was the Trusted IoT Reference Architecture.\n\nThis architecture represents outcomes from years of work by alliance members for looking for integration points between IoT and blockchain applications. This architecture should be generic across use cases and should empower project managers to avoid reinventing the wheel.\n\n\nIOT and Blockchain use cases are about the assets in the field that are connected to smart devices from gold bars to shipping containers. The asset is the prime mover in an IOT & Blockchain application.\n\n\nThe Trusted IoT Alliance Reference Architecture focus on 4 primary integration patterns.\n\n1. Asset to Cloud to Blockchain.\n\nIn this pattern, the general architecture of legacy IoT deployments are preserved. IoT Devices still continue to drive business logic through gateways to clouds like like AWS, Azure or Predix. The blockchain layer provides a trust anchor or intra-organizational data plane between clouds.\n\nEnd to end authentication can be preserved if the IoT device cryptographically signs data and prevents the cloud of modifying data intended for the blockchain layer. The cloud still chooses what gets passed on.\n\nThe Alliance’s MQTTT protocol is a useful tool for following this pattern.\n\n2. Gateway to Cloud to Blockchain\n\nA similar pattern to 1 but aimed at low resource devices that do n directly connect to the cloud.\n\n3. Gateway/Fog to Blockchain\n\nThis patten embodies the emerging compute pattern that is broadly being called fog computing. This pattern is characterized by edge compute processing data with considerable autonomy. The blockchain is promising control plan for IoT devices and substitutes for a centralized cloud based control plane.\n\n4. Direct connection between IoT Devices and Blockchain.\n\nThis pattern frequently appears when experimenting with machine to machine payment scenarios or directly authenticating blockchain data in an IoT context. This requires an IoT device to be able run a light client or full node and connect peer to peer with other participants in the blockchain system.\n\nThe Alliance USN protocol defines a compelling way of managing access credentials on an Ethereum compatible chain via this pattern.\n\n\nTrusted Asset are :\n- Have the ability to provide tamper resistant storage of cryptographic keys and execution of business logic\n- Secure software\n- A device lifecycle managed via blockchain technology\n\n\n\n\nFuture work:\nThe Architecture above covers many of the lessons from our members from the early days of Trusted IoT.\n\nThe Alliance is now starting to focus on the next set of questions.\n\nClose integration between smart contract and IoT devices\nScalability patterns and reccomendations\nProtocol design patterns and reccomendations\nJoin us at the Trusted IoT Alliance Architecture call on March 10th to learn more. Reach out via email.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://blog.trusted-iot.org/the-launch-of-the-trusted-iot-alliance-testnet-5a40b75963bd",
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      "permlink": "the-launch-of-the-trusted-iot-alliance-testnet",
      "title": "The Launch of the Trusted IOT Alliance Testnet",
      "body": "![](https://steemitimages.com/DQmasL8zmxdgho37YZnG37x7WbRFo1vckYW3t2ohNGtXieQ/image.png)All Credits to Zaki Manian | Original Post - https://goo.gl/MPCCWm\n\nOne of the biggest challenges as an entrepreneur and a system designer in the blockchain domain is getting access to realistic test environments for software.\n\nReal industrial, financial and logistics networks are not the flat open spaces of the public internet. Production networks are frequently heavily segmented spaces that employ middleboxes for access control, isolation and security. Peer to Peer architectures have never been extensively deployed in these environments.\n\nThere are many reasons to expect challenges when deploying blockchain systems in these settings.\n\nMiddleboxes denying non-standard peer to peer protocols.\nPeers unable to reach each other because of network segmentation.\nBroadcasted transactions failing reach each other.\nLatency and segmentation at consensus layer.\nBlockchain developers frequently find it difficult to develop systems that accurately model realistic network architecture. The target markets for many blockchain projects look nothing like the networks that small companies or simple cloud deployments operate.\n\nThe Trusted IoT has constructed a global testnet with our members to permit testing of protocols, applications and devices in a realistic segmented networks.\n\nThe Trusted IoT Alliance Testnet is a global private IP network with endpoints managed by members where any protocol can run and be connected to both the Internet and the private network.\n\nHow Do I join the Testnet?\nThe Trusted IoT Alliance testnet is open to all members of Alliance and thanks to a generous $100,000 dollar award from Cisco at no additional cost.\n\nMembers are setting up nodes all over the world and any endpoint with access to an internet can connect into our overlay.\n\nMembers can request access credentials from the Trusted IoT Alliance on our Slack or TestNet github. Credentials to network either manifest as physical devices like in the case of Node 1 below or VPN credentials.\n\nJoin the Alliance : http://members.trusted-iot.org/\n\nWhat experiments are planned for the testnet?\nWe are planning a number of interesting experiments on the network.\n\nRunning public blockchain networks where protocol traffic traverses between the private and public network\nMeasuring latency and throughput from permissioned blockchain protocols are\nRunning devices and smart contacted connected applications that reach the blockchain via the overlay network.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://medium.com/deviota/carriota-field-season-6-update-d9c0b1b904bd",
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      "parent_permlink": "iota",
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      "title": "CarrIOTA Field — season 6 update",
      "body": "![](https://steemitimages.com/DQmUopMxXTqyfoNeMGjz6APHV9aoX66xpZRH81oaz7hQ1bV/image.png)All Credits to Roman Semko | Original Post - https://goo.gl/hMXzKa\n\nCurrent stats\nA little more than a month after launching the Field project it is becoming a huge incubator for new IOTA nodes. In the past 24 hour alone over 150 new nodes have been launched — all thanks to the generous donations from our sponsors. This is a +25% Field growth!\n\nEach time there is a bigger donation and after the payouts we see an increase in nodes count. The node owners I have spoken to see this financial incentive as a chance to launch even more nodes — helping the tangle to grow. Right now the Tangle Tools reports a total of 4.4TB RAM and over 2700 coresdiligently working in the Field serving users and doing transfers. Just in the past two weeks over 31.1Ti have been transferred through the Field — that’s over 1% of all existing IOTAs!\n\nAs for the total amount of IOTA nodes, we can confidently say that the Field Server at this very moment “sees” over 1,800 IRI nodes: Field servers and all their 1st-tier neighbours. The total amount of all IOTA nodes will definitely be higher.\n\nNelson intermezzo\nSince many, if not most, of the nodes run Nelson for automatic neighbours management, it is interesting to watch, how the Field “tangle” morphs over time, constantly changing the connections. It prevents node clusters and unnecessary reattachments. The Field’s reattacher barely had any reattachment work to do — just promotions. Good job, Nelson!\n\nI am also happy to see that my own “entry” (master) nodes (coloured pink in the image below) are not in the center of the Field universe and oftentimes land on the very edge of the graph. Especially when there are not so many new nodes added over a period of time. This is as it is supposed to be — once the new nodes have enough neighbours, they rely less and less on the entry nodes.\n\n\n\nPast few weeks\nWe had a few hiccups in the past weeks with the donation payments, as all of them are done in one monster-bundle. This is too big to swallow for most of the IRI nodes. We will continue generating those bundles manually until a sequential payments system is ready and tested.\n\nThere were two Field misuse cases with huge traffic spikes. They were identified and the possible attack vectors fixed. The load balancer reacted correctly, scaled up to 20 instances and swallowed the load easily. This kind of stress is necessary for any new software. Lessons learned, moving on.\n\nA new Field Client version has been released with integrated support for multiple Fields. This is a preliminary step before the Field Server goes open source. Once the Server is launched by other parties, the Field Clients can decide which Fields to work on. This leads us to the next, most important topic:\n\nThe future\nWe envision a future for public Fields where they auto-organise and pass the workload between each other. Each Field could auto-discover and connect other Fields just like Nelson. This would create a mesh of Field load balancers, a higher abstraction layer for IOTA, a Field-p2p-Network, protecting the underlying nodes and optimally distributing the workload on a global scale.\n\nA “smart” wallet would be aware of this Field-p2p-Network (optimally, being a passive member) and always select the nearest trusted Field that is online.\n\nA premium/private Field could offer higher trust, security, speed and availability to it’s users, providing IOTA Infrastructure as a Service (IIaaS) for industrial and business applications.\n\nMuch work is being done in that direction. However, it is a huge endeavour in itself — way bigger than the CarrIOTA “wallet”. As always, we will continue adapting to the changes and focus our limited resources on the most pressing issues. Our primary aim is still to build a solid foundation of tools for this awesome technology. ❤ IOTA!\n\nThanks for reading!\n\nRoman Semko\nhttp://www.carriota.com\n\nIOTA Donations welcome:",
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      "title": "",
      "body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📈 24h | 📉 7d\n- | - | - | - | -\n**BTC** | Bitcoin | 7045.830$ | _6.23%_ | _-13.71%_\n**CS** | Credits | 0.603$ | _13.69%_ | _-0.19%_\n**ETH** | Ethereum | 391.141$ | _5.59%_ | _-20.3%_\n**MIOTA** | IOTA | 1.035$ | _3.78%_ | _-16.2%_\n**NXT** | Nxt | 0.113$ | _6.33%_ | _-16.42%_",
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{
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      "parent_permlink": "iota",
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      "title": "IOTA Report: Decoding the Tangle Part 2",
      "body": "![](https://steemitimages.com/DQmNz51hJvB39V671Fb6TrL886vfjtwBCfY2ca3FJmQVqUM/image.png)All Credits to Konfid.io | Original Post - https://goo.gl/chThRH\nIntroduction\nThis four-part series aims to provide an in-depth analysis of IOTA. We further discussed the purpose of this series in Part 1:\n\nIOTA Report: Decoding the Tangle — Part 1\nHow IOTA works in a nutshellmedium.com\nIn Part 3, we will provide readers with an analysis and comparison between the technological promises of the Tangle as outlined in the Whitepaper, against its current practical implementation of the IOTA protocol:\n\nIOTA Report: Decoding the Tangle Part (3/4)\nThe Tangle vs IOTA — Comparing theory and practicemedium.com\nIn Part 4, we will evaluate the possibilities & limitations of the underlying technology.\n\nIn this article (Part 2), we outline and analyze the history of the IOTA project (Part 2).\n\nSummary / TL;DR\nIOTA as a project was formed by Sergey Ivancheglo, Serguei Popov and David Sønstebø back in 2015. Dominik Schiener joined later and formed the official Foundation together with Sønstebø in 2017.\nIOTA was preceded by Jinn, a project with the goal of developing ternary hardware processors.\nJINN tokens were sold during a crowdfunding campaign at the end of 2014. The IOTA crowdsale took place roughly on year later, at the end of 2015.\nJINN token holders were able to swap their tokens for IOTA during the crowdsale.\nThe IOTA protocol lacks full audibility and transparency in its provision of past transaction history. There are no verifiable sources providing the necessary information to reconstruct the transaction history of the entire Tangle back to its genesis. This means that users cannot go back to the beginning in order to access and verify the transactions that took place at the start of the IOTA protocol.\nFurther information on the genesis state of the Tangle are required to allow for an in-depth evaluation of the verifiable initial distribution of IOTA tokens.\nThe IOTA Foundation is well funded and is capable to incentivize developers and the community to further work on the project.\nDespite the initial push for IOTA to be a fully community run project, it appears that a large amount of power and influence over IOTA has been centralized in the IOTA Foundation.\nWhile the distribution of IOTA is becoming more decentralized, the Top 10 addresses account for a growing share of the supply.\nPart (2/4): The Known and Unknown History of the IOTA Project\nThe Team\nThe founders of the IOTA project are Sergey Ivancheglo, Serguei Popov, and David Sønstebø as well as Dominik Schiener, who joined the team later as a Co-Founder. While Sergey Ivancheglo and Serguei Popov are the main developers of the IOTA protocol, they are very conservative about their public appearances making Dominik Schiener and David Sønstebø the two public faces of the project.\n\nSergey Ivancheglo is credited with being one of the lead developers behind the NXT project, a blockchain platform which was one the first of its kind, allowing developers to create fungible crypto assets without having to build an underlying protocol, similar to what Ethereum offers with its ERC20 standard. Before NXT, Ivancheglo stated he has worked in game development starting in 1997 and came up with a formal version of his hardware startup Jinn, discussed in more detail later, in 2014.\n\nSerguei Popov is an academic who has a PhD in Mathematics from the Moscow State University and is currently a Professor at the University of Campinas in Brazil. He is credited with being the author of the IOTA Tangle Whitepaper and according to his personal website participated in the writing of 68 academic papers since 1994.\n\nFor Dominik Schiener and David Sønstebø, the two main public faces of IOTA, very little background information is available in regards to their experience within the distributed ledger / blockchain industry and outside of it. Dominik Schiener co-founded a fiat crypto exchange in Zug, Switzerland in 2014, which he described as a failure in a German interview. He then went on to win a Blockchain Hackathon in Shanghai in early 2016 with a concept called CargoChain, an Ethereum based Trade Finance Platform.\n\nDavid Sønstebø co-founded Jinn with Sergey Ivancheglo and Sergei Popov, focusing on business and marketing, a role which he continues to fulfill in the IOTA Foundation. Schiener later joined the project, but we were not able to determine when he joined the project nor how exactly he became involved.\n\nJINN Token sale\nBefore Ivancheglo, Popov and Sønstebø focused on developing and promoting the IOTA project, they pursued another endeavour called ‘Jinn’. The aim of Jinn was to fulfill Ivancheglo’s vision to build “the first modern ternary general purpose processor”, described as “something between Intel’s CPU and Nvidia’s GPU”, with the purpose of allowing for “ultra-low energy distributed computing” that makes computations for IoT devices more efficient.\n\nAfter announcing the project in September 2014, the team planned to finance the research and development of the hardware through a crowdfunding campaign. They created a cryptoasset called JINN on the NXT platform that represented a share in the profits of a company founded by Sønstebø and Ivancheglo around the same time.\n\nWe have not been able to find any public records of a JINN company founded by Sønstebø. The only public records we were able to find regarding a company founded by David Sønstebø are those for IOTA AS, which was founded in November 2015 directly prior to the IOTA crowdsale.\n\nNevertheless, the profit sharing assets were sold as JINN tokens on the NXT Asset Exchange in a Dutch Auction to interested buyers in September 2014. In the crowdsale, 100.000 (10%) of the 1.000.000 JINN tokens that were created were sold. The founders retained the remaining 900.000 (90%).\n\nBeing one of NXT’s most active members, Sergey Ivancheglo’s announcement of Jinn received a lot of attention in the community which helped the project raise 8,500,000 NXT, valued at approximately $250,000 at the time(assuming an average price of around $0.03 per NXT), enabling the team to start the development of the proposed ternary general purpose processor in Q4 2014.\n\nThe sale of an asset that represents a share of the profits and promises divides from actual hardware sales of a real company raises questions regarding the potential classification of the token as a security. To our knowledge the JINN crowdsale occurred without any formal KYC & AML processes. Securities regulators have been increasingly stating in public their intent to investigate ICOs which they believe qualify as a security. We however know of no statements or actions regarding the classification or status of the JINN token crowdsale.\n\nThe founding team, however, seem to be aware of the need to address the structural and legal complexity of such a profit-participating token based on a conversation that David Sønstebø had with a JINN token holder in the IOTA slack channel in March 2017. In the conversation, Sønstebø discussed the need to resolve a full legal contract of ownership of JINN tokens holders. We have not been able to find details of their full approach around this issue.\n\n\n\nIn November 2015, roughly one year after the team started working on Jinn, they announced a new project called IOTA. The founders pursued a token sale for the IOTA project as well, but instead of issuing a profit sharing token like JINN, the IOTA team aimed to issue utility tokens that can solely be used to transact on the newly created platform. Additionally, the founders allowed participants in the IOTA crowdsale to buy IOTA tokens using JINN tokens at a fixed exchange rate.\n\nIn the time since the IOTA project was announced, we have not been able to find substantive public information on, or evidence of, the activities of the JINN company, in particular around the development of the ternary general purpose processor. The website jinnlabs.com has not been active since 2014 (based on archive.org), and there were only three tweets from the JINN Labstwitter account all September-October 2014. We have included this section in the report due to the lack of public information regarding the status and activity of Jinn.\n\nIOTA Token sale\nThe IOTA crowdsale was advertised as:\n\n“A brand new and novel micro-transaction crypto token optimized for the Internet-of-Things (IoT). Unlike the complex and heavy blockchains of Bitcoin and the like, which were designed with other uses in mind, IOTA is created to be as lightweight as possible, hence the name ‘Iota’ with emphasis on the ‘IoT’ part”\n\nThe shift from Jinn to IOTA was a logical step in the eyes of Sønstebø:\n\n“IOTA spawned as a necessity for our vision of the Jinn project, so it only makes sense to first introduce IOTA and then Jinn afterwards”\n\nInvestors were able to purchase IOTA’s using Bitcoin, or by swapping JINN for IOTA at a fixed exchange rate of 0.0063BTC per Jinn, which corresponds to roughly the same price of JINN tokens per USD at the ICO.\n\n\nNo pre-mine at genesis\nWhat differentiated the IOTA token sale from other crowdsales (e.g. Ethereum) was that the founding team repeatedly stated that there was no official pre-mine or pre-sale, which means the development team did not retain any tokens at the inception of the protocol for themselves. They mentioned that their objective from the start was to create a fully community-driven project, not reliant on a single group of people. By contrast, the Ethereum Foundation did retain a significant proportion (12%) of newly created tokens, with individuals like Vitalik Buterin receiving around 0.7% of the total supply, personally.\n\nLack of usable Transaction History\nOur team attempted to verify the statements of the founders regarding the IOTA crowdsale through analyzing the history of the tangle backwards to the genesis block. However, the full history of the tangle back to its inception is not publicly accessible. Additionally, we were not able to find sources or statements on the structure of the IOTA Tangle’s genesis state apart from those made publicly by the founders.\n\nProblem 1: Finding the transaction history before each snapshot\nThe difficulty to assess the early history of the tangle, is a result of the fact that the publicly accessible transaction history is erased regularly and only non-zero addresses being retained after certain events called ‘Snapshots’(discussed in part 3 of this report). This means that the transaction history of the Tangle gets erased on a regular basis in order to keep the Tangle lightweight and prevent it from expanding too much in size.\n\nTo be able to fully reconstruct the entire history of the protocol would hence require someone having all of the historical records from before each snapshot plus the ability to link pre- and post-snapshop versions of the Tangle.\n\nOne potential source of the erased transaction history of Tangle before the respective Snapshots is provided by IOTA core developer Alon Elmaliah via ‘pre-snapshot’ files. However, the dates on the pre-snapshot files do not uniformly match up with the known official snapshot dates. For example, the first official snapshot date was in October 2016 and the first ‘pre-snapshot’ record by Emaliah was in September 2016. The lack of an official record or documentation from the IOTA Foundation or core developers on how to reconstruct the history of the Tangle creates extra complexity for identification of the transaction history.\n\nProblem 2: Finding & verifying the genesis transaction\nMore importantly, we were not able to access in a usable manner the data provided by Elmaliah from before the very first Snapshot by using the software libraries provided by the IOTA foundation for viewing historical Tangle records. The current tools cannot restore the required data (e.g. timestamps or the value of a transaction) from the hash values made available by the IOTA Foundation.\n\nTo retrieve transaction data from before a snapshot, one can insert the transaction hash into an online tangle explorer, such as TheTangle.org or IOTAsearch. However, the tangle explorers are also unable to access records for a transaction hash from the before the first Snapshot. When a user puts such a transaction into the tangle explorers no data is retrieved. This can easily be verified by doing the following steps.\n\n\nStep 1: Insert a transaction hash from the pre-snapshot file dated at Nov. 24th 2016 (e.g. HRDVCRZMCWTLRYJSLRXMHIYSGFDXYVHUFYOQPFTYJJHMIZXKHKM99YVOHENDAK9HN9GMBOYOHBZ999999) into a tangle explorer.\n\nResult: We are able to obtain the transaction data.\n\n\nStep 2: Insert a transaction hash from the file containing the transaction hashes before the first Snapshot file (e.g. YJWXVPWVKVDQPBNXENXEIVBTJEZ9EWSBAPNBAFAFXWR9LGEW9ZBOPY9CUPGBIXLGKHNZCIBTBBLTC9999) into the tangle explorer.\n\nResult: No data is being retrieved.\n\nOn January 30th we reached out to the aforementioned core developer of IOTA, Alon Elmaliah, if he can help us to decrypt the transactions. We found out that he has not done it himself as he replied that he “added an issue + help wanted” on Github. As seen in the picture below, up to this day, the Github issue is still open. While it may be possible to reconstruct this pre-snapshot, the publicly available tooling is currently insufficient and would likely require an individual to have a high level of technical knowledge combined with understanding of the IOTA schema structures.\n\n\nWhy is important to have the transaction history of a distributed ledger protocol openly available for the public to see?\nIt is important because otherwise users cannot easily verify the entire history of the ledger, meaning that every transaction that occurred prior the first Snapshot could have been subject to a double spend or any of the potential attacks of DAG based systems, which we will outline in the 3rd part of this series.\n\nIn other words, it limits the ability of IOTA users to have full transparency and auditability of the Tangle. Such auditability is one of the most important features of most blockchain-based systems, such as Bitcoin or Ethereum.\n\nWe have no reason to doubt the public statements of the founders regarding the correct execution of the IOTA crowdsale and the following transactions that occured pre-first Snapshot. However, we do find it concerning that there is no ability to independently and accurately see the history of the tangle back to its genesis. Such a capability is one of the key foundations of having inherent trust in a decentralized cryptocurrency or cryptoasset, as it allows anyone to be able to verify the truth of the protocols history without needing to rely on the public statements of others or a centralized authority.\n\nThe number of IOTA to be created at the genesis of the Tangle was shifted from the 1,000,000,000 from the initial token sale to 2,779,530,283,277,761.According to IOTA documentation, this number is more suitable for ternary processing and the “high supply makes IOTA optimal for tiny nano transactions while still keeping efficiency in mind”. However, we could not find any information about how exactly these newly added tokens were distributed, nor why exactly the developers went through the trouble of changing the supply post token sale, other then the reasons outlined above.\n\nCall for transparency\nWe believe it would be in the communities interest to have an independently verifiable source show the genesis state of the Tangle. Additionally, we also believe it would be in the communities interest to have transparency from the founding team regarding the amount of IOTA they purchased or have received by other means during or after the initial token sale. Such information is valuable to understand the incentives and participation of the different members of the founding team in the ongoing development of IOTA as a technical protocol and a community.\n\nIOTA Foundation\nSince the IOTA crowdsale at the end of 2015, the founders have referred to themselves as the ‘Foundation’. Shortly after the token sale, the founders started to collect donations from IOTA token holders to provide resources beyond the $526k in BTC raised in the initial token sale, to further the development of the IOTA protocol as they anticipated that the funds raised would not suffice to fulfill the long development roadmap that was ahead of them. At the end of May 2016, the official IOTA wallet, created by the founders, included a request to donate IOTA to support the Foundation.\n\nThe formation of the IOTA Foundation as a legal entity in Germany occurred in October 2017 and was announced in a blog post by David Sønstebø. According to Dominik Schiener, as of November 2017, the IOTA Foundation owns around 142Ti ($255 million) as foundation funds, 22Ti ($22 million) in the ecosystem fund which is used to incentivize IOTA developers and enthusiasts to enhance the community and 20Ti ($20 million) of unclaimed IOTA from the crowdsale. Note: These $ dollar values are based on the exchange rate ($1.79) on February 23rd, 2018.\n\nThe Foundation, both as a concept prior to its actual formation and now as a legal entity, look to play a critical and central role in the IOTA protocol. One such role, is the operation of the IOTA ‘Coordinator’ which has been operated by the Foundation since the inception of the protocol, including prior to the October 2017 founding of the Foundation. The coordinator plays a core technical role in the IOTA protocol, as it is currently one of the major factor that contribute to the networks centralization problem. The details of the coordinator will be further discussed in Part 3 of this series.\n\nDespite the initial push for IOTA to be a fully community run project, it appears that a large amount of power and influence over IOTA has been centralized in the IOTA Foundation. Additionally, based on reviewing the publicly available foundation documents (‘Stiftungsatzung’) for the IOTA Foundation, it looks as though Dominik Schiener and David Sønstebø have appointed themselves to life-long positions in control of the Foundation. As our team are not experts in German foundations or structures, we are not able to assess the extent of control that the two have over the Foundation nor if this is a normal set-up for such an entity. However, this level of control seems to indicate that the success or failure of IOTA will be largely dependent on the vision and leadership of both David Schiener and Dominik Sønstebø. We believe that it is important for the community to understand this and to use their own judgement as to its impact on the future of IOTA.\n\nEvolution of Supply and Distribution of the Token\n\nNote: The genesis distribution is based on the file uploaded by Sergey Ivancheglo on the IOTA bitcointalk forum on March 6th 2016 and it is not technically verified by our research team for the reasons described above regarding access to the history of the Tangle.\n\n\nOverall there has been an increasing broader distribution of the IOTA tokens. However, there has been an increasing concentration amongst the largest IOTA wallets. The relevance of this comes from the ability for those having holdings to have an outsized impact on the market price of the token. The source of this concentration at the top does not look to be particularly unusual, and is likely driven at least in part by the IOTA Foundation now holding around 5% of all tokens as well as exchanges potentially aggregating user deposits into single wallets. As a result, we believe it is worth being aware of, but not a major concern.\n\n\nWhats Next\nIn the next article, we are going to dive deep into the technology deployed by the IOTA project, the differences between the protocol as described in the Whitepaper and the actual implementation, and proposed future improvements to the protocol. In the last part of our four part series, we are going to evaluate the possibilities and limitations of IOTA and analyze past controversies around the IOTA Foundation.\n\nEditor’s Note\nAt Konfid.io we composed a detailed report about the IOTA project for which we provide a condensed but informative four-part summary on Medium, aimed to give an overview about IOTA for entrepreneurs and companies that are planning to build on the protocol, as well as for developers and crypto-enthusiasts that are interested in the Tangle.\n\nWhat is Konfid.io?\nKonfid.io is a technology consultancy and venture studio based in Berlin that focuses on Blockchain technology to build decentralized applications in private as well as public distributed systems. We constantly research the practical usability of distributed ledger projects and like to share our findings with the wider community.\n\nCo-Authors: Len Seitter, Hilmar M Orth, Galen Evans\n\nBased on the Research by: Len Seitter, Hilmar M Orth, Galen Evans, Rick Dudley, Ivan Ripamonti & Leo Zeitler\n\nDisclosure: Dr. Mervyn G. Maistry, CEO & Founder of Konfid.io, is an early supporter of DLTs since 2014 and a strong believer in the potential of DAGs as a technology. He was an advisor to IOTA and personally to Dominik Schiener and David Sonstebo, advocating for setting up a transparent and corruption-free foundation in Germany and introducing them to a number of Fortune 500 and Dax 30 clients . Since June 2017, there has been no communication and no business relationship between Dr. Mervyn G. Maistry and the IOTA foundation, its founders or any of its functionaries.",
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      "title": "European Union project on IoT-Security is led by Fujitsu with IOTA involved.",
      "body": "![](https://steemitimages.com/DQmdWCRaDyyoG8RiZDwrSTWmhMsm8N7Hnu16S44TaFXV6ha/image.png)\n\nAll Credits to gabelrocker | Original Post – https://goo.gl/en7uQA\n\nThis came first:\n\nhttp://www.fujitsu.com/de/about/resources/news/press-releases/2018/2018-03-26-fujitsu-er-ffnet-blockchain-innovationszentrum.html#\n\n“The Centre will support the research, development and innovation of Brussels, but also of other cities, by supporting forward-looking projects of companies, research institutions and the non-profit sector.\n\nIn Germany, Fujitsu is also intensively involved in services, platforms and infrastructures relating to distributed ledger technologies and the use of tangle-based solutions such as IOTA, especially in connection with Industry 4.0 applications.”\n\nSo it seems like it’s a project close related to Brussels politics:\n\nhttps://www.security-insider.de/eu-projekt-zur-iot-sicherheit-faellt-unter-die-leitung-von-fujitsu-a-661561/\n\n“Governments want to make the digital world safer with the new EU-funded innovation project “Protecting Digital Industries” for the Internet of Things, which runs from January 2018 to December 2020 and is funded by the EU research and innovation programme Horizon 2020, led by Fujitsu.”\n\nDr. Rolf Werner Fujitsu Europe CEO confirmed on Twitter: https://twitter.com/RolfWerner?s=08",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://theindependentrepublic.com/2018/03/27/iota-miota-connecting-iot-with-social-media-is-a-possibility-biilabs/",
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      "parent_permlink": "iota",
      "author": "iotafeed",
      "permlink": "iota-miota-connecting-iot-with-social-media-is-a-possibility-biilabs",
      "title": "IOTA (MIOTA) – Connecting IoT with Social Media is a possibility – BiiLabs",
      "body": "![](https://steemitimages.com/DQmNz51hJvB39V671Fb6TrL886vfjtwBCfY2ca3FJmQVqUM/image.png)All Credits to PEDRO BERNARDO | Original Post - https://goo.gl/xKHsEb\n\nYesterday, Lman Chu, BiiLabs co-founder, tweeted a very empowering statement for IOTA (MIOTA), by saying that their social media platform, which counts with more than 10 million members could migrate to a DLT (Distributed Ledger Technology). On top of that he also stated that the key partner for them would be the IOTA Foundation, so they could base their social media on the IOTA token.\n\nThis is huge news for IOTA specially because people sometimes forget that IoT (Internet-of-Things) is a concept that is deeply connected to the people and it’s not only about connecting devices between each other. IOTA will benefit a lot from this if it actually comes true simply because the Tangle is empowered by the growing number of transactions, and 10 million users would make this network climb rapidly in terms of use, which would then increase its security.\n\nIOTA (MIOTA) has had a great year so far, after registering in Germany as an official Foundation, a lot of partnerships started to surge such as Fujitsu, Bosch and many others.\n\nBlockchain Innovation Center in Brussels\nFujitsu partnership has already started to pay out for IOTA (MIOTA) since soon we’ll be able to visit the Blockchain Innovation Center in Brussels, led by Fujitsu that will serve as an incubator for blockchain-based projects. On the announcement for this Innovation Center they also mention IOTA to be one of the projects that they believe the most and intend to implement the Tangle for the Industry 4.0.\n\nThis project will run from January 2018 until December 2020 and the major focus will be exploring the concept of IoT and smart cities and increasing security in these processes. The Blockchain Innovation center already counts with the presence of 300 workers in Europe and some skilled collaborators from Japan.\n\nThis led to a lot of visibility by other projects. One of which is the Cobinhood platform, one of the big competitors of Coinbase, since they are starting to implement crypto trading. Announcements were made saying that IOTA (MIOTA) and NEO (NEO) would be implemented in April, and that it is a work in progress. The reason stated for bumping IOTA on the watchlist was Taipei’s plan of evolving into a smart city using IOTA.\n\nMarket Analysis\nIt isn’t the first time that IOTA brings good news such as the ones I’m bringing here, last year a DLT Research & Innovation Center was started in Oslo, Norway that focuses on developing a platform for eHealth based on the Tangle.\n\nThis initiative was founded by IOTA (MIOTA) in collaboration with Oslo Medtech, Oslo Cancer Cluster, NTNU CCIS and Alpha Venturi which played the role of network manager. I’m referring these past events because this was around the time that IOTA (MIOTA) started to climb last year from $0.15 USD, on the 17th of July, to up to $1.09 USD on the 17th of August.\n\nI personally expect that IOTA (MIOTA) will have great things to show for in 2018 and the visibility that it’s gaining is remarkable, if we take a look at the avid readers in the IOTA subreddit we see that it has 100,000 readers, which is more than Cardano and EOS, two coins that are above IOTA on coinmarketcap.com.\n\nCurrently the market is still dropping, but for the avid readers this is not bad since it’s a great time to invest. I already covered in a previous article the reasons I think that are behind the market dropping which are diminishing public interest and sell walls by traders. With that said, the metrics point in one direction now, which is up, the public interest according to google trends has stabilized which means that prices should too.\n\nOnce that happens we’ll begin to sail in the right direction again.\n\nIotaFeed | March 27, 2018 at 4:32 pm | Categories: IOTA, News | URL: https://wp.me/p9lUyU-16B",
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      "parent_permlink": "iota",
      "author": "iotafeed",
      "permlink": "digital-human-my-new-book",
      "title": "Digital Human (my new book)",
      "body": "![](https://steemitimages.com/DQmNbV95zwa9czZFmt4LWqBtMQyRfcJLBrb2FnXMREhvxm9/image.png)All Credits to Chris Skinner | Original Post - https://goo.gl/LHnD2b\n\nAnd continuing my shameless self-interest, a little more on the new book …\n\nI’ve been musing for a while about inclusivity, and find that the world is truly being transformed as everyone joins the network. It is the theme I present all the time right now, and discussions around M-Pesa, Saldazo, Paytm and Ant Financial are great ways to illustrate the change. I could say a lot more, but the stunning figure from McKinsey who estimate that emerging economies will release $3.7 trillion a year in new productivity by 2025 sums it all up well.\n\nFor my friends who have noticed my leaning towards inclusivity, they may like to know that it’s also the theme of my new book. I finished the draft of the book in August and has the title:\n\nDigital Human: The fourth revolution of humanity includes everyone\n\nHere’s a brief overview of what it’s all about and, for those who have seen my recent presentations, you’ll know where I’m coming from.\n\nABSTRACT\n\nWe are in the fourth age of humanity. The first phase was becoming human, as homo sapiens created language and beliefs. The second was becoming civilized, when we created money; and the third was becoming commercial, when we created banks during the industrial revolution.\n\nIn this fourth age of humanity, technology is proving to be so pervasive in our lives that we are changing behaviors and becoming digital humans. The way digital humans relate to each other is a revolution. It is changing the way in which we talk, trade and transact and changing the way in which we make business, make friends and make love. This book explores the way in which human and business relationships are changing in this digital age, and provides clear lessons in how to evolve existing businesses to be digital businesses relating to their digital human customers. Specifically, Digital Human explores what the fourth age of humanity means for business, banking, society and government.\n\nThe themes explored include how bitcoin and the network are altering and challenging government and control mechanisms; the rise of global digital giants, and how the Chinese giants are far more imaginative than their American counterparts; the rise of the most fundamental innovations being notable in Sub-Saharan Africa, the Philippines and other emerging markets, and how these markets will educate those of Europe and America over time; and the challenge to govern a globalized world when we live in nation states.\n\nThe book concludes with the world’s first in-depth English case study of Ant Financial and Alipay, the largest payments processing company on Earth. The company has a stated ambition of bringing onboard all of those people excluded from financial services today. That’s two-thirds of the world’s population, around 4.5 billion people. This is the core of the change we are seeing in the Digital Human age: that everyone can be included in a network thanks to low-cost mobile coverage. As a result, everyone on the planet can not only talk, trade and transact digitally, but they can be raised out of poverty through inclusion.\n\nThe most expensive way to deal with money today is if you are poor. The relative costs of moving money when you have no access to banking is huge. The digital age has collapsed that cost barrier, and now allows anyone from Kenya to Colombia to Indonesia can transact and trade for almost free. This, along with using the mobile network to give everybody a recognised legal digital identity, is the true change that we are seeing in the Digital Human revolution. A revolution that creates inclusion for seven and a half billion people. A connected planet of people. This has never happened before, and the connectivity of all is truly a transformational moment.\n\nPOSTNOTE:\n\nJust by way of an aside, if you do see me making a presentation, I often start and finish with the same themes these days. I usually spend a quarter of the presentation talking about the last three revolutions in humanity, to put in context how digital is a revolution of everything. It is not an evolution of what’s gone before, but a truly transformational moment in how we make business, make friends and make love. It is a revolution of humanity.\n\nHowever, I’m very conscious that my discussion of the past and the long-term future don’t change much, mainly because these are constants. It is the present and near-term future that changes the most. So, if you are listening to me present for the umpteenth time, please sleep through the first quarter and wake up when I get to what is happening now.\n\nOh, and by the way, the book doesn’t come out until Spring 2018, as we are now in the editing cycle that takes a while. I hope y’all order a copy when it finally hits the ebook stores though.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://iotafeed.com/index.php/2018/03/26/iota-founder-this-is-behind-the-success-story/",
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      "parent_permlink": "iota",
      "author": "iotafeed",
      "permlink": "iota-founder-this-is-behind-the-success-story",
      "title": "IOTA Founder: This Is Behind The Success Story",
      "body": "![](https://steemitimages.com/DQmcv4KMpEYhygcW91aNR1waZ4KdJM5GGBJDB8bdtxQXvqg/image.png)22 years, self-made billionaire: the crazy success story of the Iota founder.\n\nDominik Schiener grew up in a South Tyrolean mountain village. The mother cook, the father bricklayer. Then he invented the crypto currency Iota – and today the 22-year-old owns a four-billion-euro company. In the talk show of Markus Lanz he tells his fascinating story.\n\nAt the age of just 22, he has accomplished what other founders can only dream of. Dominik Schiener’s startup IOTA is worth four billion euros today. Iota is Germany’s largest cryptocurrency and among the top ten virtual payment instruments in the world. It all started in Schiener’s nursery, as he told ZDF on Tuesday evening in conversation with Markus Lanz.\n\nThe founder grew up in a small mountain farming village in South Tyrol. For rebels like him, the place did not have much to offer. He chased time by playing games on the net. At the tender age of 14, the youngster came up with the idea that he could make quick money with the help of the Internet. He hacked into the computer game “Call of Duty” (CoD) – and wrote himself in No. 1 ranking.\n\n“I have always had a bigger vision of what I wanted to achieve in life”\n\n“Of course I had a bit of life left and I did not just play all the time,” Schiener said last week on Markus Lanz’s late-night show. But gambling and programming was especially good – and he uses that. So he came up with the idea that probably other players wanted to have a good ranking with CoD and the best weapons. So he got them what they had 22 years and offered – for 50 euros. So the teenager earned his first money.\n\nIt was the beginning of a purposeful entrepreneurial career. “I’ve always had a bigger vision of what I wanted to achieve in life,” says the Iota founder confidently. At the age of 16, Schiener founded his first company. There companies could advertise on the Internet, for every ad click the teenager got money. He managed all this from his nursery.\n\nThe school on the other hand bored him and ran rather alongside. “I was missing 25 percent of the time,” Schiener told Lanz. That was pretty much the maximum absenteeism the school allowed. “If you miss too much, you will not make it, even if you have good marks,” explains the 22-year-old.\n\nAt the age of 17, he was in debt – and found a solution for it\n\nAt the age of 16, he joined the cryptocurrency business by chance. He had since founded several companies and one of them had credits worth 10,000 euros, with which he could book computing capacity in cloud computing. He uses the money to “mine,” that is, to create new cryptocurrencies.\n\nThe virtual currencies fascinated him so much that a year later he moved to the Swiss town of Zug to build a trading platform for cryptocurrencies there. But he failed and life in Switzerland was expensive. Quick the teenager sat on 5000 to 10,000 euros debt. His parents knew nothing.\n\n“Then I thought about how I could solve the problem,” said the young entrepreneur at Lanz. The solution came in the form of an Iranian, who was looking for a company headquarters in Switzerland for tax reasons – and summarily bought Schiener’s company.\n\nFrom his nursery began the billion-dollar project\nAt the age of 19, Schiener travels to Shanghai for a hacker competition – and wins it. The prize money of 30,000 euros, he invested again in cryptocurrencies. Within a few months, his fortune grows to 200,000 euros.\n\nTo his parents Schiener still made his high school diploma. His mother, a cook, and his father, a bricklayer, want their son to have something tangible. Schiener agrees – on one condition: After leaving school he gets a break to work on a new project in his nursery.\n\nThe new project is the crypto currency Iota, which Schiener founds together with three other programmers – whom he does not even know personally. “We got to know each other through a forum and exchanged our work there,” said the founder at Lanz. It quickly becomes clear: The four young men have the same ideologies and interests.\n\nToday Iota is worth four billion euros. The idea of ​​networking machines using an Internet currency – the Internet of Things – has met with great interest in industry.\n\nThe algorithm behind Iota allows for thousands of parallel transactions per second. The processing is therefore much faster than with the crypto Dino Bitcoin. Therefore, there are experts who prophesy a great future for Iota in industrial applications. Dominik Schiener is working on it.\n\nIOTA-Gründer: Das steckt hinter der Erfolgsgeschichte was originally published on focus.de. It was translated by the IOTA-News Community. The Community curates, examines, and summarizes news from external services while producing its own original material. Copyrights from external sources will be credited as they pertain to their corresponding owners. IOTA-News.com´s purpose is to make use of partial 3rd party content or pictures as either allusion or promotional endorsement of mentioned sites.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://blog.iota.org/trinity-desktop-alpha-d41a0bbf934a",
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      "body": "![](https://steemitimages.com/DQmR1KvtrBMUWBQm8FUMAd6CEq5uXxEnAGVnvRrv52ohQvX/image.png)\nAll Credits to Navin Ramachandran | Original Post - https://goo.gl/SVTWnH\n\n\nDear IOTA Community,\n\nA week ago we released a long-awaited update to the Trinity development schedule. There we suggested that the alpha of the desktop application could be released within 2 weeks (6 days from now, if we want to be pedantic).\n\nWe also promised increased transparency regarding the build.\n\n\nI would like to preface this announcement by telling you that the devs have been working around the clock to get a working alpha build ready in this time frame. Credit in particular to iota.dance (a long standing community developer) who has grabbed the bull by the horns, leading desktop development and pulling all-nighters in a bid to keep to this schedule.\n\nBut the question on all our lips?… “Will we be able to release the alpha in time?”\n\n\nAttribution: https://www.flickr.com/photos/20106852@N00/2238271809\nThat’s the good news.\n\nThe even better news is that we have already released this to our mobile testers today, 6 days ahead of schedule!\n\nThe even even better news. Today we open a limited entry programme for 100 new desktop alpha testers. This application process will close after the first 200 applications, and the most suitable 100 testers will be contacted to join the programme.\n\nThe application form will be posted on the #trinity channel at 6:00 pm UTC tonight. Please keep an eye out for it.\n\nThe application form will be posted on the #trinity channel at 6:00 pm UTC tonight.\n\nPlease remember that this is an early alpha test, and you should only be using it for testing purposes. DO NOT use seeds with any significant amount of value.\n\nThank you again to the community for their patience and understanding thus far.\n\nThe Trinity Team",
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