What measures have been taken to ensure that users’ data remains secure while using services built on top of the platform ?
IOTA is a distributed ledger technology (DLT) that is designed to be secure and reliable.
To ensure that users’ data remains secure while using services built on top of the platform, IOTA has implemented several measures. First, IOTA uses a cryptographic hash function called Curl-P to secure user data. This hash function is designed to be resistant to attacks and provides an extra layer of security for user data.
Second, IOTA utilizes a distributed ledger system called the Tangle. The Tangle is a directed acyclic graph (DAG) which allows for transactions to be validated by multiple nodes in the network. This ensures that user data is not stored in one central location, making it more difficult for malicious actors to access or manipulate it.
Third, IOTA also utilizes quantum-resistant cryptography which makes it difficult for attackers to break into the system and access user data. This type of cryptography uses algorithms that are resistant to quantum computing attacks, making it much more secure than traditional cryptography methods. Finally, IOTA also implements an authentication system called Mana which requires users to authenticate their identity before they can access services built on top of the platform.
This helps ensure that only authorized users can access user data and prevents malicious actors from accessing it without permission.