KEY TAKEAWAYS
- The IOTA Foundation has launched the IOTA Rebased mainnet, marking a significant milestone in its development.
- This launch reflects the commitment and collaboration of the IOTA team, providing a robust foundation for decentralized applications.
- IOTA offers comprehensive tools and resources, including wallet solutions and developer frameworks, to support the transition to the new mainnet.
- The IOTA Rebased mainnet represents the most ambitious upgrade in the project’s history, enhancing user and developer experiences.
The IOTA Foundation has announced the launch of the IOTA Rebased mainnet, marking a significant milestone in the project’s development. This new mainnet is the result of over a year of intensive technical rework and testing, aimed at providing a more robust and efficient foundation for decentralized applications and ecosystems built on IOTA.
The launch signifies a turning point for IOTA, reflecting the commitment and collaboration of the entire IOTA team and its community. The foundation has provided a comprehensive suite of tools and resources to assist developers and users in navigating and building on the new network.
Wallet and User Guides
To facilitate a smooth transition to the new mainnet, IOTA offers several wallet solutions. The IOTA Wallet Browser Extension allows users to manage their tokens securely, replacing the previous Firefly wallet. Additionally, the Wallet Dashboard serves as a centralized hub for managing digital assets, including functionalities for managing vested tokens and migrating assets from the former Stardust ledger.
For those seeking guidance, the Wallet User Guide provides step-by-step instructions on using the wallet’s features. Users can also find support for integrating their IOTA Wallet with Ledger devices through the Ledger Support Guide. The Nightly App, a multi-blockchain wallet available as a mobile app, further enhances user accessibility.
Developer Tools and Frameworks
Developers looking to build on the IOTA network have access to a variety of tools and frameworks. Running an IOTA Full Node contributes to the network’s decentralization and security. Node APIs are available for operations and interactions within the network.
Software Development Kits (SDKs) in Rust and TypeScript are provided to facilitate application development. The IOTA CLI offers a command-line interface for network interaction, while the IOTA RPC with GraphQL allows for advanced querying capabilities.
Additional resources include the IOTA Move Visual Studio Code Extension for language support, the IOTA Gas Station for seamless user experiences without token holding, and IOTA Identity for self-sovereign identity solutions.
Network Information and Exploration
For those interested in exploring the IOTA blockchain, the IOTA Explorer provides real-time transaction tracking. Alternatively, the community-developed IOTAScan Explorer offers another option for blockchain exploration.
The launch of the IOTA Rebased mainnet represents the most ambitious upgrade in the project’s history, showcasing the potential of focused effort and collaboration. These resources are designed to support developers and users as they begin working with the new network, unlocking its full potential.
For more information, visit the official announcement here.
Why This Matters: Impact, Industry Trends & Expert Insights
The IOTA Foundation has launched the IOTA Rebased mainnet, marking a major upgrade in the network’s development, focusing on enhanced security, scalability, and developer resources.
A recent Investing.com report highlights the introduction of a delegated Proof-of-Stake consensus mechanism with 13 validators, which enhances security and decentralization for enterprise use cases. This aligns with the news event as it marks a significant shift towards decentralization and increased security in IOTA’s network.
As per insights from U.Today, key technical advancements include over 50,000 TPS capacity and the integration of MoveVM for Layer 1 smart contracts, positioning IOTA for decentralized finance (DeFi) and enterprise applications. This supports the impact of the mainnet launch by highlighting its potential to attract developers and institutional interest.
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