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news-imageDecember 3, 2024

IOTA Skyrockets 62% After Rebased Governance Vote Started

TL;DR IOTA has launched a crucial vote to decide on the implementation of the Rebased protocol, aimed at improving the network's scalability, decentralization, and efficiency. Rebased introduces Move-based smart contracts, a dPoS model with 150 validators, and the Mysticeti protocol capable of processing 50,000 TPS.
Publisher: Crypto Economy
Sentiment: Positive
IOTA

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Why is IOTA Down Today?

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