#Shimmer launches in a week but what can you expect from it?
I spent my day researching #shimmer and here is some EXTRA info I thought might be useful
Let's dive in 👇
#Iota #shimmer @iota
I spent my day researching #shimmer and here is some EXTRA info I thought might be useful
Let's dive in 👇
#Iota #shimmer @iota
#Shimmer will accompany #IOTA on its path to becoming a fully decentralized, programmable multi-asset ledger.
Making its prime entry into Defi
The series of upgrades that will first be introduced on #shimmer are ↓
Making its prime entry into Defi
The series of upgrades that will first be introduced on #shimmer are ↓
1/ Programmable multi-asset ledger, with the introduction of output types and tokenization on the base layer.
2/ Smart Contracts, with the introduction of IOTA Smart Contracts; agnostic multi-chain smart contracts are fully EVM-compatible
2/ Smart Contracts, with the introduction of IOTA Smart Contracts; agnostic multi-chain smart contracts are fully EVM-compatible
3/ Full decentralization, with the $IOTA 2.0 protocol and its leaderless consensus algorithm, currently live on a public testnet
4/ Sharding and further optimizations, such as Layer 1 #DeFi and more sophisticated output types.
4/ Sharding and further optimizations, such as Layer 1 #DeFi and more sophisticated output types.
Some may be confused if the #shimmer network is based on the GoShimmer node:
No,it wont, the GoShimmer node software currently used for the IOTA 2.0 DevNet is a research implementation meant to validate the IOTA 2.0 modules.
No,it wont, the GoShimmer node software currently used for the IOTA 2.0 DevNet is a research implementation meant to validate the IOTA 2.0 modules.
The #Shimmer network will be based on the Hornet and Bee nodes.
which will receive iterative upgrades to accommodate the #IOTA 2.0 protocol.
which will receive iterative upgrades to accommodate the #IOTA 2.0 protocol.
The Shimmer network is an incentivized staging network for the #IOTA mainnet.
This means that features are added to Shimmer for testing in production before they are later released on the #IOTA mainnet.
This means that features are added to Shimmer for testing in production before they are later released on the #IOTA mainnet.
Also, it will launch as the first testing ground for their upcoming tokenization and smart contract features, before later upgrading to the #IOTA 2.0 protocol.
You have nothing to worry about claiming your Shimmer tokens.
Once the network is live it will be a simple process of issuing a transaction from the wallet that you staked with.
Make sure to not lose access to your wallet and keys!
Once the network is live it will be a simple process of issuing a transaction from the wallet that you staked with.
Make sure to not lose access to your wallet and keys!
Alright, that's it for #Iota #shimmer
If you'd like to keep up to date with time-sensitive opportunities then follow @cyrilxbt
Also every Thursday I write the communities top voted project. 🧪
Everyone deserves FREE impactful knowledge.📚
If you'd like to keep up to date with time-sensitive opportunities then follow @cyrilxbt
Also every Thursday I write the communities top voted project. 🧪
Everyone deserves FREE impactful knowledge.📚
Let me know if you found this thread helpful. #Iota $Iota #shimmer
What's your opinion on $Iota? What did I miss?
Follow me @cyrilxbt for more 🧵 's like this.
Like/Retweet the first tweet below to share the love 🫂
What's your opinion on $Iota? What did I miss?
Follow me @cyrilxbt for more 🧵 's like this.
Like/Retweet the first tweet below to share the love 🫂
https://twitter.com/1373665408193036293/status/1572645178355384320
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