The IOTA project has made some interesting developments in the first half of August, having launched the IOTA Hub and tweaked the Trinity Desktop Wallet.
The New IOTA Hub Aims to Expedite the Exchange Listing Process
The IOTA Hub, announced on August 3, is an open-source solution that makes it easier for service providers to integrate IOTA into exchanges. Until now, this has been difficult because IOTA’s Tangle differs from blockchain networks, and, as the team notes, this makes seed management, confirmation and deposit monitoring, and double signing challenging.
However, the Hub addresses all of these issues. It also bolsters security because it permits externally signed transactions, meaning that you can remotely sign a transaction from a separate machine, with only the Hub being connected to the database.
The introduction of IOTA Hub should make IOTA more accessible to users. As the token gets listed on an increasing number of exchanges, users will no longer have to go through a…