Discover and read the best of Twitter Threads about #COORDICIDE

Most recents (7)

More or less a year ago the #IOTA Foundation announced two new networks.

#Shimmer a staging network and #Assembly a permissionless Layer2 network building on top of #IOTA.

Let's put together everything we know and speculate about their adoption and price.

AπŸ‘‡πŸ§΅

1/44
Okay so first we need to get a little bit of an overview of everything #IOTA.

We need to separate between networks and technology upgrades. This is necessary to keep a clear picture of everything we will talk about in this Thread

2/44
Simplified the #IOTA Foundation is marketing two major updates that are coming to their tech.

1) #Stardust - An update enabling the layer 1 (#DAG) to natively support customs assets (Tokens, NFTs) and be the trust anchor for layer 2 #sc networks.

For more info read πŸ‘‡

3/44
Read 45 tweets
A trinity of published research papers validating IOTA 2.0, or how #IOTA scientifically proves its potential to become the trust anchor of the world βš“πŸŒ.
Why are these important? They explain the innovations of our Leaderless Nakamoto Consensus πŸ§΅πŸ‘‡0/3
Published via @arxiv
@arxiv First off, "Access Control for Distributed Ledgers in the Internet of Things: A Networking Approach" describes how writing into the Tangle is regulated and the #access control for our #DAG-based protocol. πŸ‘‡1/3
arxiv.org/abs/2005.07778
To allow for a fast and parallelizable protocol at the core of #IOTA 2.0, the Reality-based #UTXO ledger enables optimistic treatment of incoming transactions before eventual consensus is achieved.
Read how in "Reality-based UTXO Ledger" πŸ‘‡2/3
arxiv.org/abs/2205.01345
Read 4 tweets
Let's take a trip through the major releases on the @iota network since #chrysalis this April. 🧡(1/13)
Their brand new wallet, #Firefly, was released on April 21 in preparation for the token migration to the new #chrysalis network (#IOTA 1.0 -> #IOTA 1.5). (2/13)
firefly.iota.org
Then the #chrysalis network (1.5) went live on April 28. The coordinator is still active, but this sets the stage for #coordicide (#IOTA 2.0) in the future. (3/13) blog.iota.org/the-new-chrysa…
Read 13 tweets
0/40+ #IOTA ♻️ is the basis for a new type of IT infrastructure for global communication and automation, which manifests itself in 40+ incredible projects, collaborations & company adoptions.
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Stay tuned for a regular update.
1a/40+ #ALFRIED is one of the largest German, publicly funded digital transport infrastructure projects. With a funding of 11 M €. ALFRIED will use #IOTA ♻️ as its core technology.
#IoT #SmartCity #SmartMobility
πŸ”₯πŸ’₯πŸ§¨πŸ˜β€οΈπŸš€πŸŒΏπŸ¦‹πŸ’ŽπŸ§ πŸ‘€etogruppe.com/news/aktuelles…
1b/40+ ETO GRUPPE is developing sensors for the transport infrastructure in a funding project of the Federal Ministry of Transport and Digital Infrastructure in the ALFRIED project together with #IOTA.
de:
en:
Read 105 tweets
(1/15) The #Coordicide project at #IOTA is naturally an important milestone that will need to be delivered. But too often other progress on IOTA is overlooked. There are soo many pieces that together form the vision of IOTA. Let's have a look what my colleagues are working on!
(2/15) The #IOTA Engineering department has 9 different projects: #Bee, #Hornet, #Chronicle, #Firefly, #Client Libraries, #SmartContracts, #Identity, #Streams and #Stronghold. It also maintains our websites, the coordinator and nodes.
(3/15) In those projects, #Bee, #Hornet and #Chronicle directly build out the first layer of #IOTA. Implementing new features to the first layer for updates like #Chrysalis and #Coordicide.
Read 15 tweets
I'm excited to hear what Dom has to say today! In 5 minutes I will start "live tweeting" for your amusement.
And we're live! "The most awkward parts of a presentation are the beginning and the end." Even more awkward when you can't get the audience feedback. We're here for you Dom!
Big AMA today, and it might go long because there are many questions. Also have an exciting announcement: the Chrysalis network migration is set for April 21, and the network will go live April 28.
Read 62 tweets
1\ Today we finished testing the last missing piece for the coordinator-less test network - the "parallel reality based ledger state".

This completely new form of keeping track of the state of a DLT will be the "heart" of IOTA 2.0 and beyond and will give us a level of ...
2\ ... flexibility that has never been seen before. It not only completely decouples consensus and keeping track of the ledger state but it also reduces the required message complexity for voting as it enables us to only vote on conflicts.

It is the first time since more ...
3\ ... than a decade that we see a completely new ledger state model emerge as everybody else still uses the vanilla UTXO- and account-based models.

It is most probably one of the most efficient ways to track the state of a decentralized system and might even use similar ...
Read 7 tweets

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