IOTA expressed, the path towards full decentralization with IOTA 2.0. Years of peer-reviewed research together with our academic partners is coming to life with the upcoming launch of the IOTA 2.0 DevNet. Feeless + Scalable + Decentralized = IOTA 2.0.

Dominik Schiener, Co-Founder IOTA, “Did you know that the fully decentralized version of IOTA has been running live in a testnet for several months?”

The blog points to how:  IOTA today is a completely new project with a new signature scheme with re-usable addresses (EdDSA) and faster, more secure hashing.  Atomic Transactions which reduced the transaction size from 1.7kb to less than 100 bytes.  Switching to UTXO to allow programmability and scripting of transactions – and preparing the network for the eventual introduction of digital assets on the IOTA mainnet.  Optimizing wherever possible, including the tip selection algorithm, which leads to confirmation times of less than 10 seconds.

Criticism:

I think people like Emir know very well how big of a threat a fully decentralized IOTA (mainnet) will be. So they say these silly things on video. Desperately trying to cover up the fact that their project will be obsolete as soon as Coordicide is live.

About 9000+ crypto-projects only exist as a consequence of our love for money. If we choose justice above greed then only one protocol will be enough.

Yes, but changes nothing in the adoption for now. I don’t want to be negative, but it is ridiculous that it is still not possible to deposit IOTA on binance. You lose money all the time and you don’t get an answer from them. If I had known that before.

If Binance added support to DOGE and SHIBA so quickly, in few weeks I presume, why is it taking so long for them to support the new protocol? IOTA had to delay the launch of Chrysalis and Firefly one month due to Binance. No reason given yet.

It is 3+ years and still no fully functioning mainnet. ETH with dozen scaling solutions will take its place if they don’t speed up the process.

Believers were like: The people who can’t even issue a Hello World command in any programming language are complaining every day. There is something like that everywhere also in the crypto scene. If we shift our energy to positive people, that makes a lot of things easier. We believe in IOTA. Everything comes to those who wait. I prefer to wait even 5 years but to have been part of the biggest monetary revolution in history.