The IOTA community is making ready to launch the primary part of Chrysalis, also referred to as IOTA 1.5, on its mainnet someday subsequent week.
In accordance with a tweet revealed by the IOTA Basis, the improve will enable the community to course of 1,000 transactions per second, and can institute 10-second affirmation occasions.
In June, the inspiration additionally launched the most recent model of its node software program, Hornet. This paved the best way for IOTA 1.5 following a community-driven stress check, which resulted in a secure community with greater than 150 nodes. Testing confirmed that the upgraded community consumed 10 occasions much less reminiscence than IOTA’s earlier node software program.
In Could, a decentralized social media workforce known as Society2 started work on an IOTA-based DeSM framework. This mission aimed to allow a brand new customary in privateness, management, and interoperability between social media platforms.
Within the midst of the COVID-19 pandemic, one other workforce based mostly in Madrid launched an Iota-based platform to assist fight the coronavirus.