TL;DR: The IOTA and Shimmer communities have voted to accept the governance proposals and . The communities have agreed to support the Shimmer Community Treasury Grant Committee's proposal to optimize the specification that defines their way of operating and to receive a budget of IOTA tokens to operate an IOTA Community Grant Program. This blog post presents the final verified result of this vote. From October 12th to 27th, the IOTA and Shimmer communities voted on the governance proposals and (read the…

IOTA 2.0 Introduction Part 9TL;DR: IOTA 2.0 uses slot commitment chains to achieve consensus and synchronization of its distributed ledger. Each block contains a cryptographic commitment to a specific past time interval called a “slot”. These slot commitments form a chain that ensures nodes agree on accepted data, aid in dynamic availability and fork resolution, and drive finalization for added security. Overall, slot commitment chains play a crucial role in creating a reliable, decentralized, and…

The Rusty Robot Country Club is a safe haven for all us Rusty Rejects and at the centre of the community are the Rusty Robot NFTs. The first collection sale in the IOTA ecosystem, the OG RRCC NFTs launched in February 2022 with the Main Collection sale going live on the 27th October 2023 on Shimmer EVM.Rusty Robots are first and foremost a sign of community inclusion within the RRCC. With your RRCC NFT you are a part of a worldwide collective of like-minded individuals focusing on creative community culture. That being said,…

The music industry is a pretty complex space to navigate and the RRCC is heavily engaged with leading industry experts to help support the expansion of the ecosystem through artist royalties.Royalties are the payments artists receive from the public performance of their music. This could be from streaming, downloads, YouTube, Spotify, sales, film and tv sync, radio plays, etc. These royalties are paid out on a quarterly or bi-annual basis to the royalty rights holders through performing rights organisations.The RRCC will be…

IOTA 2.0 Introduction Part 8 TL;DR: To manage congestion and ensure fairness, the IOTA 2.0 protocol will use a dynamic approach based on users' Mana holdings. Our Congestion Control Mechanism includes a scheduler, Mana burn, and tip selection, all working together to provide consistent, fair, and secure network throughput with predictable fees. As a directed acyclic graph (DAG), the Tangle enables blocks to be created in parallel, unlike the sequential order in blockchains. This requires a decentralized mechanism…

Pioneering the Path to Web3: Part 2 — SecurityIn recent years, the advent of Web3 has revolutionized the way we interact with the digital world. Web3 represents a paradigm shift from the traditional Web2 environment, where centralized entities held control over our data and online experiences. Unlike Web2, Web3 enables users to act as their own custodians, granting them greater autonomy and ownership over their digital lives. This shift has far-reaching implications for security, as it introduces a new set of challenges and…

More Than Just a Jpeg — The Business Side of the RRCCThe RRCC has been in the making for over 2 years and that journey has meant a lot of time to plan and think. Established to set the foundations for a cultural creative community in the web 3.0 space the project has built out a solid plan for revenue to ensure that it not only succeeds, but flourishes in every way possible.Without multiple revenue streams and opportunities in place, there is no room to grow, which is why the RRCC is a lot more than just an NFT. Although the…

Creativity is at the heart of the Rusty Robot Country Club community. We value individuality and artistic expression in all its forms. But one huge passion of ours is music. In all its flavors.As big music lovers we have established the Rusty Robot Records branch of the RRCC. Here we will be supporting in-house and independent artists with music releases to bridge the gap between the music industry and web 3.0.https://medium.com/media/4e25b95e3022ba8f5fe480f3c4f6c9f3/hrefA New Way of Experiencing MusicA completely new form…

We’re thrilled to announce the launch of Accumulator on ShimmerEVM, a decentralized yield optimizer for DeFi investors. Accumulator leverages automation to empower everyone to harness the full potential of yield farming opportunities, maximizing profits while ensuring security. It enhances user earnings by automatically collecting, exchanging, and reinvesting rewards from liquidity pools, providing efficiency, cost savings, and higher returns compared to manual yield farming. What makes this launch even more exciting is that…

$RUST Token Explained — pt.1 Intro.The utility token of the Rusty Robot Country Club, $RUST is an integral part of the RRCC ecosystem. After the main collection NFT sale no activity or opportunity in the ecosystem can be engaged with without holding the $RUST token making it the centre piece of the RRCC economy.There will be no ICO, no sale, no buy-ins from investors.The only way to get your hands on $RUST is through airdrops to NFT holders and the fair launch event that will be held with our partners ShimmerSea DEX — an…

IOTA 2.0 Introduction Part 7 TL;DR: Validators are crucial for IOTA's consensus mechanism and are rewarded with Mana for their contribution to the security of the ledger. The consensus mechanism selects a committee of validators for each epoch, but anyone who registers to validate is considered a validator regardless of whether they are selected.As essential nodes in the network, validators uphold the integrity and security of the DLT system by validating transactions and maintaining consensus. But who are they,…

Celebrating the success of ShimmerEVMWe want to begin by celebrating the successful launch of ShimmerEVM, a remarkable protocol that is about to pave the way for innovation in the DeFi space. ShimmerEVM’s solid foundation has inspired us to take the next bold step in our journey, and today, we’re excited to share the launch Deepr Degen, a meme token-based version of the decentralized lending and borrowing platform Deepr Finance. Curious to know more? Keep reading to uncover the details.Deepr Degen: what you need to knowDeepr…