IOTA co-founder Dominik Schiener has hinted at upcoming developments within the IOTA ecosystem, reaffirming the commitment to the roadmap and long-term vision. Schiener emphasized that the fundamentals and roadmap of IOTA remain unchanged, and the path to adoption is clearer than ever. The recent transition to the Rebased Protocol is expected to improve scalability, programmability, and decentralization. There are possibilities of integrating Layer 1 Move Smart contracts into the IOTA network to support Ethereum Virtual Machine compatibility. To speed up the deployment of Rebased, IOTA has launched an on-chain campaign called "The Return of IOTA" and reserved over 3 million IOTA tokens for an airdrop. IOTA's development team is also collaborating on the integration of MoveEVM specifications into IOTA's architecture. Additionally, IOTA has gained recognition and adoption in the United Arab Emirates. The UAE has used IOTA's distributed ledger technology successfully, and IOTA has set up the IOTA Foundation in Abu Dhabi. The latest developments indicate that IOTA is focused on driving blockchain adoption and forging global partnerships.
Content Editor ( crypto-news-flash.com )
- 2025-02-04
“No Time for Distractions”—IOTA Cofounder Hints at Major Developments
