Fujitsu Central Europe Head to Join IOTA Foundation

According to the offical blog,  Rolf Werner's "unmatched enthusiasm and drive" will be of great importance for IOTA
10 April 2018   3070

The head of Fujitsu in the Central Europe Rolf Werner became the participant IOTA Foundation.

As noted in the blog of the project, Werner's "unmatched enthusiasm and drive" will be of great importance for IOTA and will strengthen the company's position in the blockchain industry.

A method of Tangle consensus is the feature of IOTA cryptocurrency, which implies the absence of miners, as well as commissions for transactions - the latter are mutually confirmed by the nodes of the network.

The possibilities of decentralized and secured applications based on IOTA Tangle as a Distributed Ledger Technology are immense. They go far beyond machine-to-machine payment and include, for example, tamper-proof monitoring of the supply chain and secure identity management , just to name a few. I’m delighted to join the IOTA Foundation Supervisory Council (Stiftungsrat) to accompany a journey which will be meaningful for lots of industry sectors worldwide.
 

Rolf Werner

Central Europe Head, Fujitsu

Earlier it has bcame known that venture division of Bosch Group had invested in IOTA.

IOTA Team to Fix Serious Mainnet Bug

At a certain point, the bug in IRI caused an actual shutdown of the main IOTA network, it was unavailable for more than 15 hours
30 December 2019   308

The developers of the IOTA crypto project this Monday announced the release of an updated version of the software for the basic implementation of the IRI v1.8.3 node, after a failure in their main network.

At a certain point, the bug caused an actual shutdown of the main IOTA network, while the rate of processed transactions dropped to zero. According to user observations, the network was unavailable for more than 15 hours.

There is an edge case where IRI didn't account for a transaction that was shared between two distinct bundles. Once it marked it as "counted" in one bundle, it was ignored for the next bundle. This lead to a corrupt ledger state.
 

GalRogozinski @ GitHub

Developer, IOTA

By the time of publication, the problem was resolved. Note owners need to restart their clients using the latest software version.