IOTA (MIOTA) migration to IOTA 1.5 has started

IOTA (MIOTA) migration to IOTA 1.5 has started
фото показано с : invezz.com

2020-8-20 15:28

The team behind the crypto project IOTA (MIOTA) recently requested that the coin’s users briefly abort all transactions. The reason behind the request is the long-awaited launch of Chrysalis Phase 1, IOTA’s update that is expected to bring a number of changes to the project’s network.

IOTA 1.5 is coming

IOTA 1.5 is finally coming, as its team recently announced the start of the Chrysalis upgrade. The project is currently starting Phase 1 of the IOTA blockchain’s Chrysalis development phase, and this will be the last stage before Coordicide activation.

The announcement — and request not to conduct transactions — came earlier today, in a tweet published only hours ago.

We are now officially performing the network upgrade for #Chrysalis (IOTA 1.5) Phase 1. The upgrade will take a few hours. Please do not try to send transactions using wallet software during the downtime. We will keep you posted throughout the day. Stay Tuned! #IOTA

— IOTA Engineering (@iota_dev) August 19, 2020

IOTA also noted that it will keep regular updates regarding the development of the move, which includes the announcement of the completion of the upgrade.

What changes to expect

Furthermore, the project previously revealed that IOTA 1.5 will not support IRI software. As a result, all node operators will have to install Hornet in order to keep interacting with the network adequately.

They should also overwrite the CooAddress parameter in Hornet’s dashboard due to the address change. Additional changes are also to be expected, such as the update of certain API settings and alike, but nothing too big that will disrupt the operations is expected to occur.

In the meantime, the team also made major progress regarding Phase 2 of Chrysalis. Some documentation and specifications were already released, and are available for the review. Lastly, the greatest benefit of the new Chrysalis Phase 1 upgrade will be an increased throughoutput of transactions. IOTA 1.5 will be able to make 1,500 transactions per second, with confirmation time of only 10 seconds.

The post IOTA (MIOTA) migration to IOTA 1.5 has started appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

IOTA (IOTA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.2993
Капитализация $0 Rank 99999
Цена в час новости $ 0.3827 (-100%)

iota behind project miota changes network long-awaited

Источник: invezz.com

iota behind → Результатов: 32


What is IOTA Qubic? A detailed guide for beginners

The headline is true if they can put the actual theory behind Qubic into practice. So what is Qubic all about Oracle feed Smart Contracts Exchanges of currencies Outsourced Computation Qubic is a structural protocol for distributed computing on a potentially worldwide scale, with components (Oracles) that can intake data from any source, assembly together […]The post What is IOTA Qubic? A detailed guide for beginners appeared first on CaptainAltcoin.

2019-10-15 22:21


IOTA launches its autonomous, decentralized marketplace for EoT

IOTA launches its autonomous, decentralized marketplace for EoT - CryptoNinjas The IOTA Foundation, a non-profit organization behind the IOTA scalable, feeless and decentralized distributed ledger technology, today announced the launch of the ‘Industry Marketplace’ a decentralized marketplace which will automate the trading of physical and digital goods and services.

2019-9-20 18:54


IOTA Introduces $5 Million in Grants for Coordicide Research

IOTA has recently announced $5 million in grants that would research Coordicide, described as a system that focuses on permissionless and scalable distributed ledger technology (DLT). The main goal behind said endeavor is to better understand how to implement it and additional contributions that can help fortify its presence within the IOTA ecosystem. The team […]

2019-8-12 18:01


Фото:

STMicroelectronics will integrate IOTA Tangle to Facilitate new IoT Solutions 

the IOTA Foundation,  a non-profit organization which developed the ideas behind IOTA and the Tangle architecture, announced on July 23, a new collaboration with STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, in order to deliver Internet of Things (IoT) integration capabilities to the ST user community.

2019-7-25 11:29


After IOTA’s Coordicide Solution, Fund Manager Shift Funds and Vitalik Buterin Has Responses

The idea behind blockchain technology is decentralization, a phenomenon that entails the absence of central control in a ledger system. While IOTA has been a blockchain project for some time now, it lacked this single quality, one of three that make any system a true blockchain set up with security, scalability and decentralization. IOTA has […]

2019-6-2 23:06


Ethereum’s Vitalik Buterin: IOTA’s Coordicide seems like a clone of Avalanche

IOTA Foundation, the main pillar behind the development of IOTA, recently unveiled the blueprint for Coordicide, the killer of Coordinator, which is expected to launch in the coming months. A Coordinator [Coo] is a centralized protocol that controls the transactions and security on the IOTA blockchain, with its key function being protecting Tangle against attacks.

2019-5-30 15:51


Europol Arrests Suspect Behind the Theft of $11.3 Million in IOTA (MIOTA)

A collaborative effort between the UK’s South East Regional Organised Crime Unit (SEROCU), the Hessen State Police in Germany, the UK’s National Crime Agency (NCA) and Europol, has successfully identified and arrested a male suspect in connection with a case of fraud, theft and money laundering that resulted in the theft of around €10 million (Approximately […] The post Europol Arrests Suspect Behind the Theft of $11.

2019-1-24 16:24


Ethereum Classic (ETC) Ambushes Tron and Monero, Going For IOTA

At the moment, Ethereum Classic (ETC) is ahead of Tron and Monero and its running after IOTA. Nothing is behind this progress than series of announcements made about the coin by Coinbase. Last week Friday, shortly after Coinbase announced that it is adding Ethereum Classic to its platform, there was euphoria in the cryptocurrency community […] The post Ethereum Classic (ETC) Ambushes Tron and Monero, Going For IOTA appeared first on Ethereum World News.

2018-8-8 16:25


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

IOTA launches platform to simplify music rights management for films: Key details revealed

The IOTA Foundation is making news in the intellectual property rights sector with its latest innovation aimed at transforming how music rights are managed in the film industry. Leveraging distributed ledger technology, IOTA has unveiled a new platform designed to streamline and simplify the complex process of securing and managing music rights for films. The […]

IOTA and Eviden launch digital product passport solution

IOTA just partnered with Eviden to introduce the Eviden Digital Passport Solution (EDPS). This DLT-based Digital Product Passport (DPP) offers comprehensive data on a product’s life cycle, enhancing transparency and traceability from production to disposal. The passport will cover product…

IOTA targets RWA and DeFi traction with major program in Singapore

IOTA Foundation has revealed a key program aimed at promoting the Real-World Asset (RWA) tokenization ecosystem on IOTA. The 12-week Accelerator is a collaboration with early-stage venture capital firm Tenity and will offer the grant and other resources to early-stage projects ken on RWA, decentralised finance (DeFi), Institutional DeFi Services and infrastructure. IOTA APAC Accelerator […]