Iota set to launch decentralized smart contract platform to expand Web3 ecosy...
The Assembly mainnet, which is expected to launch in 2022, has pledged to distribute 70% of its native ASMB token supply to an array of community participants. Iota has announced the release of decentralized layer-one smart contract network Assembly, and accompanying ASMB token, in a bid to accelerate the expansion of smart contracts across a multitude of sectors, including decentralized finance (DeFi) and nonfungible tokens (NFTs).Assembly utilizes the Iota network's existing architecture, most notably the directed acyclic graph structure, to operate adjacently as an interoperable,....
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Developers can now try out the upcoming WebAssembly smart contract platform. The Iota protocol (MIOTA) is continuing its pivot toward implementing smart contracts with an alpha release of IOTA Smart Contracts Protocol, or ISCP.As announced on Thursday, the project has released a more stable iteration of its smart contracts platform, which was previously in the pre-alpha stage. The new version signals a higher readiness of the technology, allowing developers to compile and test smart contracts for the first time. The smart contracts are based on Rust and the WebAssembly framework, putting....
The platform will enable developers to set individual parameters for execution fees, a feature expected to suppress the fee prices to near-zero. The Iota Foundation has announced the release of its beta version smart contract functionality, with the objective to solve market challenges of scalability limitations and high transaction fees, as well as reportedly debuting components not witnessed thus far in the space.Iota’s nonprofit foundation is focused on open-source research and development initiatives to drive adoption in the distributed ledger technology space, alongside its native....
The ledger IOTA aims to become “a fully decentralized, feeless multi-asset ledger” by launching Assembly in 2022, a governance layer one for permissionless smart contracts, along with the native token ASMB that will open the doors for the network’s main stakeholders, who would be democratizing Assembly. IOTA’s founders say the ledger is a “public permission-less backbone for the Internet of Things that enables interoperability between multiple devices.” It aims to provide decentralized transactions accessible for everyone, without the need for miners or blocks, offering....
The staging network, titled Shimmer, will ensure all upcoming Iota upgrades are community-approved before roll-out, one of the critical components of a decentralized governance system. The Iota Foundation has announced the upcoming launch of a staging network, Shimmer, in a bid to advance through the Iota roadmap toward fully functional decentralization.The layer-one network will act as an innovation testbed for developers and builders in the community seeking to evaluate decentralized finance (DeFi) and nonfungible token (NFT) applications. This sandbox model allows applications to....
IOTA, the decentralised Internet of Things tokens, which was till recently in BETA version, is now being launched. IOTA is a micro-transaction crypto-token that will facilitate the architecture involved with IoT. The IOTA protocol runs off of Tangle, which has similar functionality to a blockchain yet acts more like an emulated version, giving it more versatility. CoinTelegraph catches up with David Sønstebø, the co-founder of IOTA, who had earlier talked to us about the technology involved in the token during the BETA launch. CT: When is the full launch happening? David Sønstebø: In IOTA....