The path towards full decentralization with IOTA 2.0. Years of peer-reviewed research together with our academic partners is coming to life with the upcoming launch of the IOTA 2.0 DevNet.
Feeless + Scalable + Decentralized = IOTA 2.0
Few projects can claim to have successfully reinvented and engineered an entirely new protocol architecture. It is an immensely complex task to implement and launch a new network with an overhaul of the software stack consisting of tools, libraries, third-party integrations and even a new wallet. In addition to that, the upgrade required us to deploy a secure bridge to transfer assets from the previous (now legacy) IOTA network to the Chrysalis network in a trustless and decentralized way. Nearly $2 Billion worth of IOTA tokens were transferred through our decentralized asset bridge between the networks so far, guided by an intuitive and fully automated process within the Firefly wallet.
It’s happening! https://blog.iota.org/path-towards-full-decentralization-with-iota-2-0/
Feeless + Scalable + Decentralized = IOTA 2.0
Few projects can claim to have successfully reinvented and engineered an entirely new protocol architecture. It is an immensely complex task to implement and launch a new network with an overhaul of the software stack consisting of tools, libraries, third-party integrations and even a new wallet. In addition to that, the upgrade required us to deploy a secure bridge to transfer assets from the previous (now legacy) IOTA network to the Chrysalis network in a trustless and decentralized way. Nearly $2 Billion worth of IOTA tokens were transferred through our decentralized asset bridge between the networks so far, guided by an intuitive and fully automated process within the Firefly wallet.
It’s happening! https://blog.iota.org/path-towards-full-decentralization-with-iota-2-0/