IOTA organizes a meetup in Paris

IOTA Foundation in partnership with L'Ecole 42 and Matrix is holding a meetup on May 28
21 May 2018   1405

School 42 (L'Ecole 42) will be the gathering place for a meetup of IOTA Foundation members on May 28. The meetup will be organized in both French and English. Keynote speakers are IOTA Head of Business Development Wilfried Pimenta and Lead Ecosystem Team Lewis Freiberg. The featuring guest project is announced to be ENGIE Lab (ENGIE Group research and expertise centre for electrical power technologies, streamlining production processes, distribution and electricity supply).

The event is a chance to meet IOTA Foundation members and delve in the Distributed Ledger Technologies, the IoT and the so-called 'smart revolution' (i.e. smart energy, connected mobility, smart cities, industry 4.0, etc). Another topic of the meetup will be the Hackathon LedgerDays IOTA scheduled for June 11-12 at the same place – School 42. The hackathon will be announced and the preparation will start.

The event is co-organized with Matrix. To learn more about the meetup, you can visit the Eventbrite page here. At the moment of publication, IOTA market parameters are as follows:

Average price 1.78 USD
Market cap 4,959,488,089 USD
Volume (24H) 49,393,600 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   212

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.