IOTA rising upwards

IOTA cryptocurrency showed a notable rise by 60% within past 7 days and 32% within 24 hours
09 November 2017   2310

While top-10 leaders of cryptocurrency market capitalisation list have been developing quite steadily during last 7 days, IOTA coin stands out showing an unexpected growth, rising by 60,35% during last week and by 32,33% during last 24 hours.

Coin Market Capitalisation list leadersCoin Market Capitalisation Leaders List 

IOTA, a cryptocurrency which currently takes 10th place in top coins list ranked by market capitalisation has skyrocketed within past 7 days. At the moment of press, the coin has a market capitalisation of $1,5 billion and costs $0,58, although it was traded at a price of $0,32 only 7 days ago.

IOTA Charts November 2017IOTA Charts

IOTA has announced a decent amount of innovations during last week, for instance Masked Autentificated Messaging was released on Novemver 4, adding functionality to emit and access an encrypted data stream, like RSS, over the Tangle (IOTA’s distributed ledger) regardless of the size or cost of device.

Moreover, on November 7 iotasear.ch officially became the first explorer to show full transaction history, letting users view every single transaction since the installation of IOTA, as was reported in the official twitter accound of the coin.

Reddit.com users comments towards IOTA riseReddit.com users comments

In the meantime, Reddit.com users seem to be amused by such a significant increase of IOTA coin, expressing positive expectations towards the development of currency.

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   313

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.