The IOTA EVM (Ethereum Virtual Machine) launch on March 31, 2024, will bring smart contract functionality and staking rewards to the Shimmer network.
IOTA aims for full decentralization with the upcoming IOTA 2.0 testnet in Q2 2024, introducing native sharding and enhanced consensus mechanisms.
In a recent Ask Me Anything (AMA) session on KuCoin, IOTA founder Dom Schiener unveiled a series of developments that signal a transformative year for the cryptocurrency. With the impending launch of IOTA EVM, the introduction of staking rewards, and potential government partnerships, IOTA positions itself as a significant player in the ever-evolving blockchain landscape.
A key milestone for IOTA is the scheduled launch of IOTA EVM (Ethereum Virtual Machine) on March 31, 2024. This integration is set to be a game-changer, introducing smart contract functionality and dApp support to the Shimmer network.
The move substantially broadens IOTA’s capabilities, creating opportunities for diverse appl
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