IOTA comes to Munich

The IOTA meetup in Munich on May 30 is going to prequel the Blockchained Mobility Hackathon
26 May 2018   1594

IOTA is holding a meetup right before the Blockchained Mobility Hackathon on May 30. The event will take place at the Stylight Atrium. The doors of the meetup are open for the participants of the hackathon as well as for those merely interested in mobility, Internet-of-Things and IOTA project itself.

There will 2 keynotes at the event:

  1. A brief use-cases introduction;
  2. A presentation on energy and mobility sector

A number of applications of the IOTA DLT in the mobility area will be showcased by a member of the IEN Tobias Zeitler. Following it, a member of IOTA Harm van den Brink will talk about the convergence of energy and mobility sectors as well as present a proof-of-concept of an IOTA charging station.

To learn more about the event, you can visit the official page here. At the moment of publication, IOTA market parameters are as follows:

Average price 1.52 USD
Market cap 4,231,278,950 USD
Volume (24H) 53,445,000 USD

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   264

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.