1οΈβ£/10 π #IOTA's Hans Moog introduces a novel DLT architecture in "The Trust Machine" series. Part 1 focuses on Sybil Protection, aiming to solve inefficiencies in current DLTs. Dive in: https://t.co/60053HjWjT #DLTInnovation
π We're almost there! TokenLabs, the ultimate platform for token creation and management, is about to launch on #IOTAEVM and #ShimmerEVM! π
β³ ββββββββββββ 97% complete
Follow us for updates and be the first to know! #IOTA
@SpecWeekly I agree! And then there is this other thing I am fucking excited about...
I can finally use my fkn $IOTA Tokens on a freaking fast and secure network.
I mean I will earn yield like a big boy. Build memes like a big boy.
Play games like a big boy.
So much fun coming with EVMπ₯
π Big news! The #IOTA Digital Identity (#DID) method is now resolvable through the @DecentralizedID Universal Resolver π₯. This allows for easy integration of IOTA Identity in new and existing applications through an interoperable interface. More ‡οΈ
https://t.co/ACWO4J86gm
IOTA EVM is fully fueled and ready for a public announcement (It's already live!)
Remember:
β Zero fees on Layer 1
β Absolutely zero MEV
β LayerZero bridge on/off ramp
β ChainPort bridge on/off ramp
β A dozen+ DeFi projects
β Real World Assets (Treasury bond tokenization)
βοΈ Starting today @AIM_Congress - IOTA booth, hall 5! We're showcasing how #IOTA, together with @TLIP_io@TokenySolutions@wef & @realizefinance, is set to create a new global financial landscape, making Abu Dhabi π¦πͺ a hub for asset tokenization #RWA. πhttps://t.co/COo2uS6RSA
Welcoming IOTA (@iota) as our Future Finance Forum Partner AIM Congress 2024!
Trusted, governments, organizations and people, IOTA is one of the most established Blockchain projects in the world.
Very excited about next week's @AIM_Congress here in Abu Dhabi π¦πͺ
As one of the strategic partners we will have an exhibition area to showcase IOTA and how we are bringing the real world to Web3.
We will talk about #RWA tokenization, digital identity, digital trade and more.
Very excited to be launching the first #IOTA accelerator program for builders that want to build the future of Web3, RWAs and DeFi on IOTA.
π Over the coming months we will select a handful of startups and support them with $50k in grants and a dedicated startup support program. During Token2049 in Singapore we will have a demo day and showcase the Startups and connect them with investors / partners to get to market.
Apply today: https://t.co/xLoN00osi1
This will be one of many initiatives to support the builders in our ecosystem π€
πATTENTIONπ
On Sunday morning at 10am CET, we will unveil our primary marketing strategy for #shimmer and #IOTA. It's a simple yet innovative idea, and we're confident that, together with our community, we will effectively let the world know about #Shimmer & #IOTA.
Additionally, we are eager to engage creative individuals within our community to join our project. Currently, we are seeking someone who can create a music video for the #Coordicide pop song. Please don't hesitate to reach out to us. We are open to sharing our song with a few IF members for feedback.
@IOTA@shimmernet β€οΈβ π
We are excited to announce the unveiling of a new investment fund valued at $10 million by the @IOTA Ecosystem DLT Foundation during #Investopia2024, a milestone which was attended by H.E. Abdullah Bin Touq, Minister of Economy and Chairman of Investopia. #MoU
GM π #IOTA FAM π€
i think it's time for another IOTA 2.0 development update.
As always we'll have our main focus on the IOTA 2.0 node protocol - IOTAcore.
IOTAcore will bring a decentralized permissionless and feeless DAG to the crypto space.
Let's see whats happeningπ
The team is currently testing the node protocol in a pretty realisitc network environment.
They've spin up a 64 node network (32 validator nodes and 32 access nodes). So the protocol is currently in the latest test stages until well see an public testnet.
This public testnet release however comes only if the team is happy with the node protocol. This mean they don't find any crucial bugs anymore...
This should give you a pretty decent impression about where we are... But what bugs are we talking about?
Well the work on the node protocoll has changed a little in the last month. The team finds way less issues coming up.
They rarely identify new bugs and if they find new ones they usually are pretty fast in resolving them. Then we'll see a week of testing in the network environment and then one or two new bugs.
Currently we have a single Issue with the "bug" remark in it. See https://t.co/HK23EmYGxS.
The bug is fixed in in PR#887. The PR has been approved today and will likely make it into the next IOTAcore alpha release.
There are however a few other open points that need to be adressed.
The node protocoll currently has some memory leak issues whenever it doesn't shutdown gracefully. It seems the team needs to investigate it a little more to understand where this issue comes from. See here for more details: https://t.co/qiiw4t9Hva
The team is also carrying an issue with it about the block issuance that hasn't been adressed for a month now. It's basically adressing some edge cases. Likely not super important yet but it seems like they want to fix it before they release a public testnet. See more details here: https://t.co/NiMkAwQ3IF
And then we have two more issues that are currently beeing adressed. There is the transaction orphanage issue. Its pretty well documented here: https://t.co/nZyXckEgea
And there is a "Fruit pamming on Feature network" Task. We don't have details about this but it seems like they want to implement some specific spam testcases on the network.
Beyond that there isn't much node specific left to do. The Dashboard below gives you an overview. Obviously we have some test cases, some debug tooling but nothing to important...
This basically leaves us with the question, will they release a testnet whenever the node is ready, or will they only release a testnet at a time we have a firefly wallet, a nice explorer, a EVM L2, a SDK and everything else?
It's pretty obvious looking checking the iota 2.0 firefly developing backlog, that the wallet will still need some time. See: https://t.co/wLfbfK3Yba
But hey, they are working on it and it is pretty interesting to see how they are planning to implement things like Accounts and Delegation into the UI. Have a look π
So what to take from that? Well get excited for IOTAevm.
Just today serious people popped up in my DMs and told me how IOTA is going to promote IOTAevm with a big bang π£π
And then after a while playing around with IOTAevm and the hype coming down after some weeks or months it's time again to play around with the IOTA 2.0 testnet.
2024 is going to be exciting π
Cheers π₯€
1οΈβ£/10 π #IOTA's Hans Moog introduces a novel DLT architecture in "The Trust Machine" series. Part 1 focuses on Sybil Protection, aiming to solve inefficiencies in current DLTs. Dive in: https://t.co/60053HjWjT #DLTInnovation
π€ We are grateful to the UAE Ministry of Economy for supporting our new $10M fund. Honored to be based here π¦πͺ, where we can contribute to both the local & global ecosystem by developing innovative digital solutions for trade & infrastructure.
https://t.co/VATYSNuNPe
#DePIN #RWA #AI @Ec@Economyae