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2019-06-25 21:52:51

Novel new algorithm unveiled in IOTA Foundations research paper

According to the latest report, a research paper has been recently published by the IOTA Foundation. The paper contains a new algorithm that takes fundamentals from the Proof-of-Stake and Proof-of-Work (PoW) algorithms for enhancing the ability of the network in order to fight against congestion and spam attacks. The research paper titled, “Achieving Fairness in the Tangle through an Adaptive Rate Control Algorithm” is authored by Wolfgang Welz, Luigi Vigneri, Alon Gal and Vassil Dimitrov mainly proposed three changes to the algorithm of the network : 1. Every transaction will require a PC to be expending resources on the puzzle