IOTA announces new collaboration with CYBERCRYPT on hash function Troika

[PRIBO247]

* IOTA Foundation is collaborating with CYBERCRYPT in
hosting a competition, the rewards with be a prize pool of
€200,000.
* IOTA's native token MIOTA has been recovering inline with
the rest of the market of late, having gaining as much as 70
percent over the past five sessions.

IOTA Foundation will be collaborating with CYBERCRYPT A/S,
they are a world leading system provider in robust cryptography
and cyber security. This is part of a partnership in releasing a
new hash function, which is called Troika.

The purpose of Troika is to deal with all known cryptanalytic
attacks. They have also made it viewable to the public for their
own evaluation. This will be part of the competition for those
that can master it.

A hacking competition, hosted by IOTA and CYBERCRYPT A/S,
aiming at inviting cryptanalysts for to evaluate this so-called
Troika. The total prize reward is set to be valued at ‚€200,000.
Should any of the participants be able to crack it.

https://www.fxstreet.com/cryptocurrencies/news/