IOTA 2.0

IOTA 2.0 Introduction Part 10TL;DR: The article discusses blockchain technology limitations and how Directed Acyclic Graph helps IOTA 2.0 overcome these challenges. While blockchain's Proof of Work mechanism has flaws like high…

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…

IOTA 2.0 Introduction Part 8TL;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…

IOTA 2.0 Introduction Part 7TL;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…

IOTA 2.0 Introduction Part 6TL;DR: This article delves into the IOTA 2.0 consensus mechanism, an evolution of the Nakamoto consensus. It focuses on vote propagation and validation blocks in the Tangle. It explores how nodes vote on a…