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  • IOTA Releases Progress Report For 2nd Quarter of FY 2023

Finance

IOTA Releases Progress Report For 2nd Quarter of FY 2023

07/04/2023
Bitcoin Ethereum News

IOTA Releases Progress Report For 2nd Quarter of FY 2023

  • 1
    The Core Node Research team is working on IOTA staking and delegation to validators.
  • 2
    IOTA was trading at a market price of $0.1864 at publication time.

The internet of things (IoT) focused project, MIOTA (IOTA), has released its progress report for the second quarter of 2023. The project’s L-1 network, Shimmer, released the ShimmerEVM testnet recently. Since its inception, the protocol has operated flawlessly with an average block time of 800 m/s.

IOTA’s Future Looks Promising

ShimmerEVM has processed over 3 Million blocks and 15 Million transactions according to the network’s official blog. Additionally, transactions peaked to 1.8 …

Source: https://www.thecoinrepublic.com/2023/07/04/iota-releases-progress-report-for-2nd-quarter-of-fy-2023/

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