IOTA launches new testnet “IOTA 2.0”, removes PoW and introduces PoS

Home

/ Insights

Crypto Newsfeed

Master

MIOTA 05:00:57 17/05/2024

IOTA launches new testnet “IOTA 2.0”, removes PoW and introduces PoS

Internet of Things blockchain ecosystem IOTA announced the launch of its “IOTA 2.0” testnet.

IOTA announced that “IOTA 2” will enable the migration from Proof of Work (PoW) to a decentralized Proof of Stake (PoS), which will result in increased network scalability and efficiency.

This is community-generated content, not advice from ONUS.