IOTA Penguin Profile picture
Dec 12 β€’ 10 tweets β€’ 2 min read
🚨 FIREFLY (@fireflywallet) NEWS 🚨

@c_varley gave an insightful presentation on Firefly!

What happened in 2022 & what to expect in 2023?

Read on! πŸ§΅πŸ‘‡
1/9

What happened in 2022?

πŸ”Ή Firefly Mobile Release (extremely positive community reception, people are impressed with UX/UI)

πŸ”Ή IOTA Governance Framework (Firefly allows you to view current proposals and cast votes directly in the wallet)
2/9

πŸ”Ή Firefly Shimmer: Claim $SMR rewards in app, improved user interface & feature set (native tokens, expiration times)
3/9

What is in progress at the moment?

πŸ”Ή NFT support – phase 1: sending, claiming & transaction history | phase 2: full gallery tab (incl. NFT details & option to burn NFT)
4/9

πŸ”Ή Shimmer Governance: Community members can host their own votes (DAOing), browse and vote on proposals in Firefly

πŸ”Ή Voting funds will be separated from other funds (manually increase/decrease voting power)
5/9

πŸ”Ή L1-L2 asset transfers (Shimmer tokens, native tokens and NFTs)

πŸ”Ή Shimmer Mobile (Stardust-compatible mobile app is in development)

πŸ”Ή Both Firefly versions (now separated for quicker development) will be merged once Stardust hits the #IOTA mainnet! πŸ‘€
6/9

What will happen in 2023?

πŸ”Ή Development of core L2 support (manage L2 assets in Firefly to send L2 assets, connect and interact with external dApps

πŸ”Ή A dApp catalogue will be integrated to Firefly, allowing seamless integrations with browser-based dApps
7/9

πŸ”Ή Fiat on/off ramp πŸ‘€

πŸ”Ή DEX integration πŸ‘€

πŸ”Ή IOTA Name Service πŸ‘€
8/9

πŸ”Ή Firefly Entity – Firefly will be separating into a for-profit entity (private funding round), the whole Firefly team will be joining the new entity (encubation most likely Q1 2023)
9/9

Wow! There is so much going on behind the scenes. I am grateful Charlie gave such a comprehensive update!

No doubt, @fireflywallet is and will remain the best crypto wallet out there! πŸ”₯

β€’ β€’ β€’

Missing some Tweet in this thread? You can try to force a refresh
γ€€

Keep Current with IOTA Penguin

IOTA Penguin Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @iota_penguin

Nov 25
Let’s explore the @shimmernet ecosystem!

πŸ”₯ @PIPE_DATA πŸ”₯

An user-friendly infrastructure for distributed data storage and transfers.

Learn more! πŸ§΅πŸ‘‡ Image
(01/10)

PIPE is built by @Tanglehub_eu and immutably stores and transfers any type of data.

Whether you need edge micro-storage or operate high-frequency + high-bandwidth applications, PIPE solves the problem of how to store and transfer any amount of data!
(02/10)

Possible use cases? You can use PIPE to

πŸ”Ή keep your data private
πŸ”Ή share your data with someone
πŸ”Ή sell your data on a data marketplace

It's all about maintaining control over who has access to your data! πŸ”
Read 11 tweets
Jul 22
You missed #Shimmer Talks with @DomSchiener and Levente Pap?

Don’t worry, just check my summary!

[THREAD BELOW] πŸ‘‡
1/ Let’s have a deep dive into the Stardust upgrade.
As you probably know, the #Shimmer Beta network (incentivized staging network) just went live.

First off, did you already see the new visualizer?

explorer.shimmer.network/testnet/visual…
2/ There are five phases for shipping Shimmer. We are now in phase 3 – Public Beta Testing of the network has started.
Read 32 tweets
Feb 15
Key takeaways of the latest @hus_qy interview on #IOTA translated into English.

Summary below! πŸ‘‡
- With IOTA, a major breakthrough in DLT research has been made.
- Initial version of IOTA’s consensus mechanism did not work out (approval weight could be tricked) – it took very long to understand this.
- BTC maximalists insist on importance of verifying all transactions until genesis. According to Hans, this is not necessary. Only the currently ledger state is relevant. In order to fix bugs, some transactions have to be stored, but the whole history is not needed.
Read 24 tweets
Aug 16, 2021
Why do I firmly believe #IOTA will enter @CoinMarketCap's top 10 again?

Read on! ⬇️
The #IOTA Foundation is finally living up to its promises. Back in 2017/2018 the vision was big, but the actual outcome in terms of development and code was small. Now, real progress is taking place, silently and mostly unnoticed by the wider #crypto space (yet) ➑️ CMC #42
Once #IOTA achieves decentralization, a fundamental change in perception will take place. #IOTA will finally be seen as reasonable alternative to #blockchains. Hard to believe, but many (esp. new joiners) will discover IOTA for the first time!
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(