The Merkle: IOTA Foundation Paused the Network to Prevent Further MIOTA Theft Featured

  • Saturday, 15 February 2020 00:00
The Merkle: IOTA Foundation Paused the Network to Prevent Further MIOTA Theft © The Merkle
It is rather uncommon for a cryptocurrency network to grind to a halt. In the case of IOTA, the Foundation somehow managed to shut down the Tangle due to an incident.  When developers or a Foundation can “pause” a network, there is something amiss. The IOTA Network can be Paused The core concept of cryptocurrencies is to be decentralized without central authority or control.  In the case of IOTA, it appears there is some degree of centralization, albeit it may be a good thing in this regard. By shutting down the Coordinator node – which will be removed altogether in The post IOTA Foundation Paused the Network to Prevent Further MIOTA Theft appeared first on The Merkle Hash.

Additional Info

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.

Our main goal is to make crypto grow by making news and information more accessible for the masses.