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BTC $64,313.97 +2.09%
ETH $1,907.32 +1.35%
BNB $605.03 +0.06%
XRP $1.00 +0.33%
SOL $75.89 +1.09%
TRX $0.3310 -0.19%
DOGE $0.0702 +0.56%
ADA $0.1744 -1.63%
BCH $204.48 +0.51%
LINK $9.51 +0.56%
HYPE $58.76 +1.98%
AAVE $88.17 +1.83%
SUI $0.6774 +0.23%
XLM $0.1580 +0.45%
ZEC $518.10 +5.84%

IOTA 2.0 public testnet launched, introducing PoS mechanism

2024-05-15 21:03:17

ChainCatcher news, according to the official blog, the IOTA Foundation has announced the launch of the IOTA 2.0 public testnet. This update introduces a decentralized Proof of Stake (PoS) mechanism, replacing the old coordinator-driven system, and eliminates the traditional Proof of Work (PoW) mechanism, enhancing scalability and reducing environmental impact. IOTA 2.0 aims to create a more secure, scalable, and environmentally friendly network, inviting the community to participate in testing and optimizing this process.

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