Monday, December 23, 2024

IOTA Foundation Launches IOTA Rebased Test Network with Leading Validators

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KEY TAKEAWAYS

  • The IOTA Foundation has launched the IOTA Rebased test network, marking a significant development milestone.
  • Experienced validators like Twinstake, DLT.GREEN, and Ankr have joined the network, enhancing its robustness and security.
  • The involvement of these validators in the mainnet will be determined by a community vote on adopting IOTA Rebased.
  • Further announcements regarding additional validators are expected, indicating ongoing expansion of the network.

The IOTA Foundation has announced the launch of the IOTA Rebased test network on November 18th, marking a significant step in its development. Several experienced validators have joined the network, bringing their expertise to the project. The involvement of these validators in the mainnet will depend on the outcome of a community vote on adopting IOTA Rebased.

The first batch of validators includes Twinstake, DLT.GREEN, Luganodes, Nansen, Ankr, Blockscope, and Staketab. These validators are expected to contribute significantly to the network’s success, with more announcements anticipated in the coming weeks.

Key Validators Join IOTA Rebased Test Network

Twinstake, a provider of institutional-grade staking services, has partnered with the IOTA Foundation to support the IOTA Rebased network upgrade. Twinstake’s participation allows users to explore their services ahead of a potential mainnet launch.

DLT.GREEN, a company that emerged from the IOTA community, focuses on developing and operating modern service provider models, emphasizing decentralized IT infrastructures.

Luganodes, known for its non-custodial staking services, has joined the test network as a validator. With a focus on security and compliance, Luganodes offers a robust infrastructure for IOTA stakers.

Nansen, an AI-powered multichain analytics platform, has also joined the IOTA Rebased test network. Nansen provides on-chain insights across multiple blockchains, enhancing the ecosystem with its analytics capabilities.

Expanding the Validator Network

Ankr, another validator on the test network, offers a high-quality option for delegating staked IOTAs. Ankr supports a large community of stakers across various networks.

Blockscope, with its extensive experience in non-custodial staking services, has joined the network, offering a dependable staking experience with support for multiple blockchains.

Staketab, recognized for its non-custodial staking services, brings a wealth of experience to the IOTA Rebased network. Staketab is known for its contributions to the blockchain ecosystem, including the development of Sui’s leading explorer and analytics platform.

These validators represent the beginning of a robust and diverse network supporting IOTA Rebased. Further announcements regarding additional validators are expected soon.

For more details, visit the official announcement here.


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Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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