#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 ↓
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
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.
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.
The #Shimmer network will be based on the Hornet and Bee nodes.
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.
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!
• What is #IOTA
• The team behind
• How it works
• Iota's new decentralized plan
• Benefits of Iota
• Shimmer layer 1
• Closing Thoughts
1/
The brand new, completely decentralized #IOTA network is here:
The very best implementation of a feeless Distributed Ledger based on a DAG, It's able to host smart contracts, #Defi platforms, and second-layer applications.