The last remaining puzzle piece is the removal of the Coordinator and our full #decentralization.
This is why we have IOTA 2.0, our leaderless consensus protocol. The Testnet has been running for months, with the next major upgrade around the corner.
With these components you can see how #IOTA leverages the unique architecture of the Tangle to build a fully decentralized, programmable multi-asset ledger
#IOTA is becoming a network of networks, securing and connecting decentralized economies through a feeless L1
Equipped with the biggest utility upgrade (Tokenization + Smart Contracts) coming to the IOTA mainnet, it is obvious that in 2022 #IOTA will become one of the main L1 networks.
My personal focus (and financial commitment) will be on making this a reality.
Going into 2022, our focus will be to accelerate the adoption and growth of our ecosystem. For us, only three things matter:
1. Tangible adoption on Mainnet 2. Increase the utility of IOTA and the IOTA Token 3. Empowerment of the #Ecosystem and Community
Our Objective: Increase the utility of the IOTA network, token and ecosystem. Reach 20% of Ethereum’s Daily Active Addresses by the end of Q4 2022.
This objective will help to measure our work. Right now, this would be around 100k daily addresses. I know we can deliver on this.
Going into 2022, we not only have the #IOTA token. We have an entire ecosystem of tokens and networks that will elevate us to the top.
The IOTA Foundation today counts more than 180 of the most amazing, talented and passionate individuals in the #DLT industry.
I'm truly honored to be working alongside all of you to make this vision a reality ❤️🙇♂️
We are getting closer than ever to large-scale mainstream adoption. Just one example: #IOTA is the only L1 network that was selected as a finalist for #EBSI (European Blockchain Services Infrastructure). That is potentially 400m+ users in the #EU.
My key message to all of you for 2022: This will be the year where we build our own success.
We have all the tools we need with #IOTA Smart Contracts, native tokens on L1, #Assembly and #Shimmer to build our own success. We no longer depend on others.
I'm very confident in where we stand right now, and that we will achieve our objectives. #IOTA is a project with a lot of history, and we will continue to make history in 2022 by becoming one of the main L1 networks and ecosystems.
That is what I'm betting all my money on.
2022 will be our best year yet. There is an entire ecosystem of builders, crypto funds, dApp teams and community members making this a reality.
The #Chrysalis upgrade was a big success, with 90% of the #IOTA supply fully migrated (more than $3.5b)
With this upgrade, we began to broaden our vision by introducing exciting new utility features on L1 and L2, and accelerate the transition to IOTA 2.0 (Full Decentralization).