IOTA (MIOTA) has revealed it is working on close to 20 projects which are going to be irresistible use cases once they are fully unveiled.
While blockchain lovers have been complaining that IOTA team are fond of concealing information on its latest development, the team have come out open on some projects, however, they are still not specific on the time the projects will come to limelight and detail of the projects.
Once the projects are fully unveiled, they will push for wide adoption of IOTA.
The Projects
Qubic: Qubic has been the talk of the town. The project is referred to as a protocol that specifies IOTA’s solution for quorum-based computations, including such constructs as oracle machines, outsourced computations, and smart contracts.
Qubic has a smart computing potential, it will make IOTA compete with Ethereum, which many complain has poor scalability and high transaction fee.
IOTA’s Qubic stands the chance of overriding the platform with outstanding features. Qubic, according to analysts, is going to be more rewarding and dynamic when compared to Ethereum.
MAM+: it appears MAM has been on hold for sometimes now, but IOTA seems not to be giving up on this idea at all.
Though, MaM is at present under peer review, it is said to be a second layer data communication protocol, giving room to access an encrypted data stream, like RSS, over the Tangle (IOTA’s distributed ledger) no matter the size or cost of device.
Coordicide: Analysis, modeling, and simulations for coo-less IOTA.
Autopeering: Understanding the risks involved with automatic peer discovery and user-friendly alternatives.
Economic Incentives: Understanding how the Tangle works at scale from a game theoretic perspective.
Consensus Spec: A detailed spec of the consensus mechanism, building on the basic outline in the whitepaper, intended for peer review.
Crypto Spec: A detailed spec of cryptography in IOTA, also intended for peer review.
Attack Analysis: Thorough simulation and analysis of known network attack vectors.
Exchange Hub: Formerly known as IXI Hub; enables exchanges to integrate IOTA in days or weeks instead of months (already in closed beta with several exchanges!)
IRI: Ongoing maintenance and improvements to the de facto IOTA node software.
Coo-free IRI: Rebuilding IRI to allow for alternate consensus mechanisms.
Local Snapshots & Permanodes: Enabling node operators to maintain or dispose of the Tangle history as they see fit.
C Client: Preparation for deep dives into embedded devices.
iota.js: Out with iota.lib.js, in with iota.js; fully modularized for npm and fully typed for safety.
Tanglescope: Enabling deeper insights into Tangle performance and metrics through monitoring.
IOTA Controlled Agent: A prototype; early stage implementation of Economic Clustering and swarm logic.
Trinary hash function: The replacement for Curl-P, built by world renowned cryptographers, and optimized for the IoT.
Protocol finalization: On IoT, the IOTA protocol can’t easily be changed for devices that are “out there in the wild.”
