Year 2020 Will Bring Updates to Scalability, Privacy and Software for IOTA Foundation

With only a couple of weeks left in 2019, there are many cryptocurrency platforms that are gearing up for 2020. Considering all of the changes due to come to Bitcoin, Ethereum, and other crypto assets, what does IOTA have in store? The new roadmap tells all!

  • The IOTA Foundation added blockchain technology to the Internet of Things with their platform.
  • The launch of Bee software will make IOTA accessible to users with fewer resources than others.

New Years’ resolutions – everyone makes them. While the average individual makes promises of shedding weight and giving up vices, cryptocurrency companies and the rest of the financial industry see it as an opportunity to make big promises to get investors involved with their platforms. The IOTA Foundation, which gained notoriety for integrating blockchain into the Internet of Things, has just released their 2020 roadmap with many developments in their technology to usher in the next decade.

One of the first matters at hand is an update to the current IOTA technology stack, which will help them better serve real-world applications. Autopeering technology, for example, allows nodes to run and connect with neighbors, though users previously had to manually search for these matches.

IOTA is also taking on issues with decentralization, as the platform offers a new implementation of node software, written in Rust, which will open access for “users with very limited resources.” This step is set to last from this month until February 2020, and the official integration of the Bee software will be available sometime before April next year.

To solve privacy issues on the website, OTA aims to implement the Masked Authenticated Messaging (MAM) solution. MAM will offer access to encrypted data streams for any device size, as the platform aims to launch it on six different programming languages.

Amongst these updates is an upgrade to IOTA’s Trinity wallet, as well as the release of a light version of the wallet called Spark. Spark is meant to be used by wallets with low balance, and this release will be a web-based solution.

Other changes taking place in 2020 for IOTA will include improvements in node software to meet increased demands, support for reusable addresses, and tip selection algorithms for the Tangle. To view the roadmap in its entirety, visit https://roadmap.iota.org/.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Krystle M
Krystle is an American cryptocurrency blogger that wants to see the future of crypto and blockchain technology evolve. She has been writing about cryptocurrency for about a year, with a special interest in blockchain technology and regulatory measures around the world. While away from writing and learning about the changes in the cryptocurrency industry, she likes to indulge in science fiction novels and further her experience in playing both guitar and piano.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,511FansLike
2,795FollowersFollow
4,272FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today