coindeskAccording to the news of IOTA co-founder Dominik Schiener, He said he plans to launch an IOTA 2.0 network in the coming months and increase the utility of MIOTA tokens.
IOTA developers IOTA 2.0 network He said that they plan to launch a new ecosystem fund and a new blockchain that will support decentralized applications, and that they expect this change to increase the value of MIOTA tokens and improve network security.
IOTA 2.0 is expected to go live in the 4th quarter of this year, and the Stardust hard fork, scheduled to be released on October 4, is expected to be the basis of IOTA 2.0.
Dominik Schiener He said in his statement:
“Unless we have more financing, we will not be able to catch up and IOTA will continue to slowly lose market share and market value.
To break out of this downward spiral, we need to start making significant changes that will increase adoption and growth.
“We want IOTA to have a fighting chance to succeed in this market.”
IOTA representative is “As a self-sustaining system, IOTA 2.0 is the key to improving the security of the IOTA network and thus creating greater demand for applications and layer 2 networks to be built on IOTA.” said.
It emerged as one of the most excited and fastest growing tokens in the 2017 bull market. IOTAdropped 3% following the news.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!