Platform & Scalability Ⅲ
summary
IOTA Foundation demos a JavaScript flow that generates a seed, gets 1,000 test tokens from a faucet and sends 20 IOTA on the definite testnet in about five seconds, showing zero-fee transactions and the one-address one-signature model. Roadmap items: Trinity wallet, IOTA Hub, a lightweight C client for constrained devices, Cubic quorum computations, and snapshots to trim node storage. Network currently uses a coordinator but targets a coordinator-free testnet by end of this year and states a 1,000 TPS goal.
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chapters (13)
- 0:00Start
- 1:03The Vision
- 2:57Iodophor Mobility
- 6:01Supply Chain
- 9:27Machine-to-Machine Economies
- 9:48Iota the Ledger of Everything
- 15:37Dev Demo
- 16:49Iota Hub
- 19:26Generate a Seed
- 20:16One Time Signature Scheme
- 21:50Get Account Data
- 31:03Iota Coordinator
- 35:05Local Snapshots
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