IOTA (MIOTA) Redesigns Website, Teases Path to IOTA 2.0

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Mon, 06/01/2020 - 12:01
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Vladislav Sopov
The IOTA Foundation has announced the launch of their new project website. This release is the next step in their series of major IOTA updates for Q2, 2020.
IOTA (MIOTA) Redesigns Website, Teases Path to IOTA 2.0
Cover image via crypto.u.today
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On May 31, 2020, the development team of the IOTA Foundation, the organization between the IOTA DLT infrastructure, proudly presented its newly redesigned website.

New website, new IOTA

According to the official announcement, the new website has ambitious objectives. It aims to demonstrate the cutting-edge technologies of IOTA and reflect the maturity of the IOTA Foundation.

IOTA Foundation releases new website
Image via Twitter

IOTA Foundation has asked all visitors of the new website to contact developers with feedback. It was also highlighted that the new site is a milestone on the path to IOTA 2.0.

The new website has a futuristic design. It includes samples and descriptions of the main IOTA use-case solutions, such as social impact, mobility, smart cities, global trade and digital identity. Some of them were discussed in our exclusive interview with IOTA founder David Sonstebo.

Also, there are separate dashboards for different categories of guests - community members, developers and entrepreneurs - inviting them to engage, develop and innovate respectfully.

Bright prospects

The epoch of IOTA 2.0 mentioned in the announcement may refer to the post-Coordicide era of IOTA product development. Coordicide is the event of disabling the Coordinator mechanism, the last point of centralization within IOTA's distributed data storage.

As previously reported by U.Today, on April 2, 2020, IOTA published an official explanation of Coordicide. It will take five steps to make IOTA data structures fully decentralized.

Recently, the Hornet team, which develops software for IOTA nodes, announced a new release, Hornet v.0.4.0. This significantly improves upon the UX and performance of IOTA mechanisms.

This impressive announcement resulted in a 15% price rally of the IOTA token.

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About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

2,500,000 Ethers Locked in Ethereum 2.0 Deposit Contract as ETH Rejected From $1,250

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Fri, 01/15/2021 - 18:02
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Vladislav Sopov
Ethereum 2.0 enthusiasts deposited whopping sum in its contract launched six weeks ago
2,500,000 Ethers Locked in Ethereum 2.0 Deposit Contract as ETH Rejected From $1,250
Cover image via stock.adobe.com
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While crypto markets are trying to get out of the most painful correction in this bullish cycle, the Ethereum 2.0 deposit contract accomplishes another crucial milestone.

ETH2 deposit contract surpasses $3,000,000,000 level

According to leading Ethereum network observer Etherscan, the Ethereum 2.0 deposit contract (0x00000000219ab540356cBB839Cbe05303d7705Fa) allocated more than 2.5 million Ethers. New 32-ETH stakes are transferred to it every minute.

ETH2 deposit contract breaks above $3B
Image by Etherscan

As the correction of the Ethereum (ETH) price ended, ETH is changing hands at $1,225: the $1,250 level was too difficult for bulls to conquer. Meanwhile, even at press time, it is worth almost $40,000 to join the club of Ethereum 2.0 stakers.

Therefore, the USD-denominated value of assets locked in the contract surpassed $3 billion for the first time ever and keeps surging.

It should be noted that Ethereum 2.0’s deposit contract went live on Dec. 1, 2020, heralding the start of ETH2 Pase Zero or Beacon Chain, the inaugural stage of Ethereum 2.0.

Ethereum 2.0 “entry tickets” become really expensive

At press time, more than 52,267 addresses transferred money to the deposit contract.

Ironically, Black Thursday in Crypto (March 13, 2020) was the most convenient time to join Ethereum 2.0 staking with Ether at $95. Today, Ethereum (ETH) enthusiasts should pay 13 times more to have a minimum amount of Ethers required for staking.

Ethereum 2.0 is a proof of stake (PoS) iteration of the Ethereum (ETH) protocol. It replaces mining by staking and splits the whole Ethereum (ETH) network into several interconnected sub-chains (shards).

According to Staking Rewards analytical dashboard, annualized rewards for ETH staking are estimated between 10.4 and 10.6 percent.

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About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)