Founder David Sønstebø out of Iota Foundation after ‘unanimous' board decision
The Iota board said it had “parted ways” with Sønstebø due to the fact its interests have “diverged significantly” with those of the co-founder. David Sønstebø will no longer be a part of the Iota Foundation, a non-profit which he helped co-found and most recently co-chaired.According to an announcement from the Iota Foundation, the organization has “parted ways” with Sønstebø. It said it was a "unanimous decision, made by the Supervisory Board in the best interest of Iota and its ecosystem."The announcement stated the project’s interests have “diverged significantly” with the....
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Addressing the community and board members, David Sønstebø reveals contradictory details about his split with the IOTA Foundation In a verbose and, at times, vituperative blog post published today, IOTA founder David Sønstebø seeks to “quench all concern” about his state of mind, assure the community that the “IF [IOTA Foundation] is not broke,” and hint at future plans for the ecosystem being hatched in collaboration with “investors, separate DLT-project leaders, community devs and others.” As Cointelegraph previously reported, in a December 11th announcement, the IOTA Foundation’s board....
IOTA, the decentralised Internet of Things tokens, is now going into beta version. IOTA is a micro-transaction crypto-token that will facilitate the architecture involved with IoT. The IOTA protocol runs off of Tangle, which has similar functionality to a blockchain yet acts more like an emulated version, giving it more versatility. IOTA tokens will be available for testing by a limited number of users outside the company starting early February, said its co-founder David Sønstebø. David Sønstebø had earlier talked to CoinTelegraph in October 2015 after the release of IOTA. We catch up....
IOTA, the decentralised Internet of Things tokens, which was till recently in BETA version, is now being launched. IOTA is a micro-transaction crypto-token that will facilitate the architecture involved with IoT. The IOTA protocol runs off of Tangle, which has similar functionality to a blockchain yet acts more like an emulated version, giving it more versatility. CoinTelegraph catches up with David Sønstebø, the co-founder of IOTA, who had earlier talked to us about the technology involved in the token during the BETA launch. CT: When is the full launch happening? David Sønstebø: In IOTA....
In today’s digital age, there are many people on the quest towards the Internet of things (IoT). Now, a new micro-transaction crypto-token called IOTA looks to facilitate the architecture involved with IoT. However, while IOTA is a "decentralized cryptocurrency" it operates a little differently than those powered by blockchains. The IOTA protocol runs off of Tangle, which has similar functionality to a blockchain yet acts more like an emulated version giving it more versatility. Tangle’s representation is an acyclic graph, which has an order yet can go in any finite partial order....
IOTA rallied Tuesday, hitting its highest levels in more than three years, on hopes that the upcoming makeover of its Internet-of-Things protocol would make it more appealing to investors and traders alike. The IOTA Foundation Co-founder and CEO Dominik Schiener spilled details about their major upgrade—scheduled for an April 2021 release—in an interview with ZDNet. Dubbed […]