The launch of IOTA’s new Chrysalis 2.0 will put forward a new era for full decentralization.
In crypto news, IOTA is now prepared to cross a vital milestone with the launch of its new Chrysalis part 2, also labeled as the last stage for their IOTA 1.5. This event will strengthen the crypto trade, particularly that of Bitcoin, thereafter BTC, with its popularity and the rise of the safemoon crypto. Moreover, the bridge network connecting IOTA and the event known as the Coordicide is expected to advance full decentralization.
The launch is expected to come on the 28th of April, 2021.
Following the launch of phase two of the program, the mainnet of IOTA will turn into what is known as the legacy mainnet. The infrastructure, according to IOTA foundation themselves, is set to replace the mainnet that is currently used and is already set.
According to them, the whole foundation is working and focusing on the final arrangements to make the launch and the event as smooth as warranted for the set date. Furthermore, tests are run in various instances of infrastructure in order to test all the possible migration scenarios.
New Beginning for the Protocol
The Foundation has expressed that they are performing tests on the migration on Firefly with the assistance of some internal and external testers. From the start of August 2020, the organization and the developers have been working on the development of new components that will be utilized for the second phase.
In this sense, the developers have released various versions for the Pollen testnet. This, in turn, will present the mana, which is a reputation system that will assist in advancing the security of IOTA.
In addition to this, the software node called Bee was released already in its alpha phase. As a result, the developers can begin to access it and proceed to run a Bee node together with a dashboard that is updated and equipped fully with the Chrysalis migration support.
Software node Bee has been released in an alpha phase. Developers can access it and run a Bee node with an updated dashboard with full Chrysalis migration support. Furthermore, the Chrysalis 2.0’s two of its most essential features, namely, Stronghold and Smart Contracts have also been introduced in their initial versions. For the latter, the developers have worked on the refactoring of the integration to be able to reflect some of the changes in the Polled.
For the former, on the other hand, they have put the component below the external audit along with its benchmarks are utilizing the microseconds unit for its measurements.
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With the rise of the BTC price and the safemoon price, the Chrysalis 2.0 is sure to advance the decentralized nature of cryptocurrency. To view more crypto news, it is best to keep close to the new Apple iPhone 11 Pro or Apple iPhone 11 Pro Max.