Altcoins News
By Dan Saada
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Now that IOTA is getting active, they have already published in their blog, “Users maintaining (or planning to maintain) a Chrysalis Hornet or Chrysalis Bee node can now upgrade…
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For clarity, “IOTA networks consist of interconnected nodes that run the same node software.
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Running several nodes is important to increase the chances of your application connecting to an available node.
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Now, the Chrysalis upgrade is done, IOTA are trying to explain what they will be doing with the unclaimed tokens from previous periods.
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This becomes important because regular upgrades, users, developers and node operators are required to make simple software updates.
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When most of these changes happen, there are situations where it becomes necessary for users to make a “token claim.
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Before the Chrysalis upgrade, all of the unclaimed tokens were held in wallets, and these were maintained by people related to the IOTA foundation through different custody…
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There was a vote on how the unclaimed tokens should be handled after the Chrysalis Upgrade. This just looks like the unclaimed tokens might be used for the benefit of the overall…
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Unclaimed tokens are from different legacy periods like 2016 to 2017 and others. The claim process for these tokens is still ongoing and is open until June 16th, 2021.
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The unclaimed token value might approximately exceed $120m. For more details users might want to check the May 07, 2021 publication: Unclaimed Tokens, Community…
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