As a report has it, IOTA’s paper titled “Utility maximization in the Coordinator-less IOTA Tangle” won the best paper award at Unet2021.
This exciting news was shared moments ago via the official Twitter handle of the IOTA Foundation.
IOTA Foundation tweeted, “We’re proud to share that the paper “Utility maximization in the Coordinator-less IOTA Tangle” won the best paper award at Unet2021, the international scientific conference about trends and findings on ubiquitous networking.”
We're proud to share that the paper "Utility maximization in the Coordinator-less #IOTA Tangle" won the best paper award at Unet2021, the international scientific conference about trends and findings on ubiquitous networking.
Read the paper here: https://t.co/H7xFA1nXfq
— IOTA (@iota) May 26, 2021
UNet is an international scientific conference dedicated to hot topics and trends in the computing and networking space.
The goal of the paper is to consider and discuss many ways of removing the Coordinator mechanism that helps to attain network consensus.
The abstract of the paper reads as follows:
“Getting rid of the Coordinator in the IOTA Tangle is a challenging task, especially regarding the network trustworthiness. Using acustomized testbed, we experimentally analyse the functioning of the GoShimmer, IOTA’s current implementation of the decentralised Tangle, with respect to speciﬁc network performance metrics.
“We observe that a trade-oﬀ exists among such metrics. We thus propose to determine the optimal rate allocation through an optimization problem maximizing network performance and user utility. We further propose a distributed and asynchronous scheme to allow nodes to solve such problem.”
HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.