First, I want to say, I’m a big supporter of the entire IOTA protocol and in my opinion, this is one of the few projects that try to innovate in this space. ISCP is IOTA’s take to bring Smart Contracts to their DLT. Smart Contracts can be thought of as state machines, where the code defines how and when the state is changed. In essence, they make code law. Given a set of inputs (ordered) and following the rules (code) written in the Smart Contract you can deterministically change (update) the state. There are…

Published by the IOTA dev team every month, this update will provide you with news and updates about our key projects! Please click here if you want to see the last status update. For monthly research updates, click here.ChrysalisIt’s been a couple months since the successful release of Chrysalis on the mainnet. You can read all about the release here. So far, over 67% of all tokens have been migrated to the new network.In August, we added Ledger Nano support to Firefly. You can read all about the update here. Or you can…

TL;DR: We provide a detailed overview of the current status and next steps for IOTA 2.0. Current efforts mainly focus on optimizing the consensus and communication layer to make the protocol more efficient and less complex. Next steps involve implementation of active defenses and usability features such as local snapshots. IntroductionThe release of the DevNet for IOTA 2.0 marked one of the most important milestones in the IOTA Foundation’s history. For the very first time, we were not only able to demonstrate the ideas…

The full article was originally published by Binance. Read the full article here. Fellow Binancians, Binance has completed the IOTA (IOTA) token migration to the Chrysalis Network, and has also opened deposits and withdrawals for IOTA. Please note: IOTA deposits will require 1 block confirmation before being credited to user accounts. If an amount of IOTA is deposited to an account, a withdrawal restriction of the same USD value will be imposed on the account until 1 IOTA block confirmation has completed on the…