The IOTA Foundation launches the Chrysalis test network on December 14. This testing marks the preparation for the deployment of IOTA 2.0.
According to the latest posts on the IOTA Foundation Twitter, the Chrysalis test network’s launch is scheduled for December 14.
Chrysalis testnet coming tomorrow. Stay Tuned!#Chrysalis #IOTA pic.twitter.com/mDnOkw928W
— IOTA (@iotatoken) December 13, 2020
The development team has been experimenting with Chrysalis on a private test network that is not allowed to be accessed by regular users.
Earlier in a blog post, IOTA CTO Jakub Cech mentioned that the developers are finishing preparing the test network for transfer to the public mode. Chrysalis is a term used to define a series of” most promising ” updates that will make the network ready for operation before the final launch of the main iota 2.0 network, known as Coordinate.
This intermediate step will transition to coordinide smoother, increase iota scalability, and add new features. Chrysalis is deployed in two stages. Since the launch of chrysalis Phase 1 in August 2020, network throughput has grown to 1,500 transactions per second.
In October, IOTA co-founder David Sonstebo refrained from commenting on how fast the transaction speed will be for the next phase of the project but said it would “definitely grow.”
The upcoming launch of the public test network comes amid internal disagreements at the IOTA Foundation. Last week, it was reported that Sonstebo left the IOTA Foundation:
“It was necessary to decide to stop cooperation, although it was difficult. There were many situations where David’s actions were not compatible with the Foundation’s principles and who we strive to be.”
In the early summer of 2020, the developers of the IOTA project launched the Pollen test network. This was the first stage of the IOTA 2.0 update, which involves disabling the network coordinator node.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
