2023 - get ready for IOTA's Year of the Phoenix

2022 was already a great year, so what's in stake for 2023?

Jan 14, 2023

From the editorial desk…

[ - by Mart]

While we are still anticipating the EVM launch, there's plenty of stuff to be excited about. Let's get into 2023 with fresh energy and a fresh mindset. It's not always bad to be behind, if you're in a marathon rather than a sprint. IOTA's modular approach will make it very easy to implement breakthroughs as fast and efficient as possible. But still, wen EVM?! While we can't answer this question unfortunately, even if we'd like to, let's talk about some other amazing stuff.

This issue features the first part of community member MolochNess' series comparing different well known crypto projects. Jelle Millenaar also wrote an article about DID, another big selling point of IOTA's real world adoption moving forward.

If you were looking for more IF interviews, unfortunately you need to wait a little longer. IF is super busy preparing all the different things they've got in the pipeline. But don't worry, we've got quite some stuff lined up, so stay tuned!

Avoiding the Dangers of Excessive Data Sharing with SSI

[ - by Jelle Millenaar]

After the great interview with Jelle in the last issue of the Tangleverse Times about general IOTA and Shimmer topics, for this issue, Jelle took the pen in his own hand and wrote an article about Self-Sovereign Identity, its dangers and how to avoid them.

“Tim Berners-Lee, the creator of the World Wide Web, has recently gained attention for his efforts to fix the internet through the SOLID project. This project aims to give people control over their own data and shares many goals and concepts with Self-Sovereign Identity (SSI). Instead of tech giants owning people’s data, individuals will be able to collect and share their own data with only those they choose, becoming the ultimate controllers of their own digital selves. One thing that isn’t talked about a lot with SOLID and SSI is how people will be protected from companies asking for too much data. We will further explore this challenge in this blogpost.
The Dangers of Self-Sovereign Identity
Imagine a world where having a rich digital identity is normal. People would be carrying around large amounts of personal information on their phones or computers, and sharing this information would be as easy as making payments with a phone. Parties receiving this information can instantly verify its integrity and source, making it almost trivial to establish trust. One app (a so-called wallet) on a person’s phone contains all sorts of important documents like their passport, licences, degrees, medical history, transportation tickets, concert tickets, and much more. While there are many benefits to this technology, it also presents challenges…”

Read the full article here

Battle of the Layer1s: The Fierce Decade

[ - by MolochNess]

MolochNess is a community member who’s very active on discord. For this issue he compared the three Layer 1 solutions Ethereum, IOTA 2.0 and Cardano with regard to the aspects of scalability, decentralization and security.

“The Layer1 wars rage on. Ethereum is the largest fish in crypto’s tiny pond, but it remains to be seen how these fish compete on the global stage. Ethereum, Polygon, Arbitrum, and Optimism combined have fewer than 2 million daily active addresses, which should illustrate how early we still are.
However, the stakes are clearly high! Layer1 platforms (L1s) remain the single-biggest category in crypto, with >30% dominance (60% if you include BTC), with the remainder split between stablecoins, DeFi, NFTs, middleware, etc. There is an enormous potential market for L1s, with billions of users left to capture.
Several burning questions remain:
• Can Ethereum scale crypto to the masses, or will something stronger take its place?
• Which competing Layer1s are best-positioned to carve out their own chunk of the market?
• Should the competition compete on technology or community?
• How much value can Layer1s even capture in an L2/L3-centric world?”

Read the full article here

… to be continued in the next Tangleverse Times issue.

The Tangleverse Times interviews…

[ - by Ness]

In the previous six editions of the Tangleverse Times (formerly the Daily Degen) we had the chance to interview a bunch of great people from our ecosystem. From IF members, to community members, to people working on the adaption of IOTA - everyone was there. To miss none of these amazing interviews and gain some in-depth views, we provided an overview of all the interviews done in the past (to read the full interview, just click on the name).

Interviews with the IF and outsiders

Kumar Anirudha: IOTA_India interviewed IOTA Developer Advocate Kumar Anirudha about his way into the ecosystem and his work within the IF.
Jonas Theis: As an IF Research Engineer on the GoShimmer Team, Jonas is working on IOTA 2.0 and its implementation. The Daily Degen talked with him about the future of IOTA.
Christoph Strnadl: Deputy CTO of the Software AG Christoph Strnadl answered our questions about how the Software AG is cooperating with IOTA to explore new opportunities.
Jelle Millenaar: The former Lead Identity of the IOTA Foundation, Jelle Millenaar, founded his own company: Impierce Technologies. In the latest TvT issue, he shared his thoughts about Shimmer and the plans for his company.

Interviews with the community

Kevin: Known as the OG IOTA moron, Kevin started the IOTA Americas group. In this spotlight, he shares his IOTA story with the rest of the community.
Wiredutch: The creator of Munkii Labs gives insights into his work within the ecosystem and tells us, how he discovered IOTA in the first place.
Vam: Besides the love for crypto, Vam is a very musical community member. We are glad that he shared his musical as well as his IOTA journey with us.
Digidus Prime: Better known as the IOTA Shitcoin King, Digidus Prime created his own token: $DGPR.

And this was only the beginning. For the new year, we already have some amazing interview partners in pipe, so stay tuned for the upcoming Tangleverse Times issues!

What’s new in Moonaco?

[ - by @DigitalSoulx]

Moonaco Podcast Episode 58: In this episode, Thomas was joined by the one and only Hans Moog.

“In an attempt to fix the issues that plagued the early IOTA protocol (~2018), Hans completed much research. Only 5 or 6 distinct approaches could be found in the various cryptocurrency white papers of the time.
At its heart, a DLT is essentially a “voting mechanism”. Satoshi’s Nakamoto Consensus had two notable innovations:
This consensus included a mechanism to infer knowledge about the chain with the most votes by encoding information through a simple hash. This allows consensus to be reached without the exchanging of votes.
Rather than asking every node to make a decision, you ask a random subset of nodes.
These innovations allow Nakamoto Consensus to scale well, but still, confirmation times are slow.”

Read the full tl;dr here

Spec Weekly - IOTA 2.0

At the “Defining Moments 2022” event in December, the IF looked back at 2022 and provided a preview of what’s going to happen in 2023. Jonas Theis gave an overview of IOTA 2.0 to the community and explained, why IOTA has an edge over competing crypto networks.

In the latest Spec Weekly episode, Kutkraft took a closer look at what Jonas had to say to get the community even more hyped for what’s coming next.

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