IOTA still wants to build a better blockchain, and get it right this time. Featuring IOTA Foundation Co-Founder and CEO Dominik Schiener
- S2E10
- 53:12
- March 23rd 2021
In 2014, IOTA set out to offer an alternative to the key issues with blockchain: Scalability and transaction fees. Somewhere along the way, things went wrong. Not everything is lost, however, and IOTA is looking to regain momentum.
IOTA's main premise, namely solving the issues around blockchain by introducing a different data structure, remains. IOTA, like blockchains such as Bitcoin or Ethereum, is a distributed ledger. Unlike those, however, the data structure it uses is a directed acyclic graph, called the Tangle.
We discuss with IOTA Foundation Co-founder and CEO, Dominik Schiener, on what IOTA got wrong, what it got right, and what is being done to build on what it got right and fix what it got wrong.
Starting with the release of a new wallet, IOTA has been reinvented and rewritten from the ground up over the last one and a half years. This new phase of the project is called Chrysalis, introducing a network upgrade. It promises a truly decentralized solution with high throughput and no transaction fees, oracles, and smart contracts.
Orchestrate all the Things
Connecting the dots with George Anadiotis: Analyst, Consultant, Engineer, Founder, Host, Researcher, and Writer.
Stories about Tech, Data, AI and Media, and how they flow into each other shaping our lives.
I’ve engaged from the likes of Gary Marcus and Andrew Ng to emerging thinkers and innovators across multiple domains.
My stories have been featured on ZDNet and VentureBeat, and are syndicated across DZone, Hackernoon, Medium and Substack.
Some might call this futurism; let’s just say it’s connecting the dots
Many conversations have a technical focus. Most also examine business perspectives and use cases, while others are socio-technical.
Some are analyses on emerging themes – picking them up early, featuring expert comment, or offering alternative takes.
Others cover breaking news, typically also featuring the people behind them plus some analysis. There are some book reviews as well.
I focus on the connection between data, analytics, data science, graphs, machine learning and AI and their impact on society and business.
I have been covering topics related to:
- AI and Machine Learning
- Data, Analytics and Data Science
- Knowledge Graphs, Graph Databases, Graph AI & Data Science
- Innovation, and a wide array of technologies such as Blockchain, Cloud, Observability, IoT, Open Data and Open Source, Social Media and Software Engineering.
For inquiries, please use https://linkeddataorchestration.com/contact/
Meet the Host
I've got Tech, Data, AI and Media, and i'm not afraid to use them.
My name is George Anadiotis, and i am a writer, a planner and a doer. I am an Onalytica Top 100 Influencer in Big Data and Cloud, a Knowledge Graph expert, and a VentureBeat and ZDNet contributor, among other things.
Linked Data Orchestration is my brand. This podcast is where i share my work, as well as conversations with people who bring interesting news and views to the table.