IOTA Foundation Enters Base Layer Race With ‘2.0’ Testnet

[Tnoy30]

IOTA is addressing the technical feature that nuked the blockchain-like network for nearly two weeks earlier this year.

The IOTA Foundation announced Wednesday it is doing away with the “coordinator” that previously validated the blockchain’s transactions.
The new “coordinator-less” network, billed as IOTA 2.0, is meant to rival other smart-contract platforms such as Ethereum, EOS, Tron and Cardano.
IOTA’s MIOTA token currently ranks as the 24th largest cryptocurrency by market cap, according to CoinGecko data, besting zcash (ZEC), cosmos (ATOM) and basic attention token (BAT), among others.
Read on: https://www.coindesk.com/iota-foundation-enters-base-layer-race-with-2-0-testnet