ADVERTISEMENT

Official: First public testnet for IOTA 2.0 published with Pollen

  • With Pollen, the IOTA Foundation today has released the first public, fully decentralized testnet for IOTA 2.0.
  • The early release of Pollen was realized through a new modular development approach introduced by the IOTA Foundation last year.

The IOTA Foundation today announced the first iteration of its testnet for a fully decentralized network. This version, called Pollen, allows developers and enthusiasts to test the capabilities of a fully decentralized IOTA network for the first time. Pollen will be a rapidly evolving research test network where the community, researchers and developers will be able to test and validate the concepts of IOTA 2.0, which will serve as the basis for IOTA’s coordinator-free network.

As we reported earlier today, IOTA will release components of IOTA 2.0 in three phases, with pollen being the first of these phases. Phase two will include the next major release, called Nectar, where the remaining components will be released onto the IOTA 2.0 incentivized test network, and rewards will be distributed to node operators/attackers to test the resilience of the protocol.

In Nectar, IOTA will work to finalize the node software until it is ready to be an official release candidate for the mainnet. The final milestone (phase three), known as Honey, will be the official release of IOTA 2.0 and the first fully decentralized version of IOTA on the mainnet, and will be the production-ready version of the protocol.

IOTA has spent the last year researching a solution that will ultimately replace its current network in the first half of 2021. Led by IOTA’s team of researchers, developers and academic institutions, the multidisciplinary team developed a distributed ledger that can scale to meet the needs of industry without compromising speed, security or decentralization.

With this new release, IOTA has introduced a new architecture made up of three separate layers (Application layer, Communication Layer and Network Layer). This new architecture will provide support for upcoming features like Tokenization, Scalable Smart Contracts, feeless dApps and Sharding.

Launching ahead of schedule, Pollen has benefited from a new modular development approach that IOTA implemented last year.  Now, components  of the future network such as rate limiting, Mana (the network’s reputation based system), and Fast Probabilistic Consensus (the network’s new consensus algorithm) can all be tested and worked on independently.

The release includes the following feature updates:

  • Fast Probabilistic Consensus – IOTA’s new algorithm that allows the IOTA 2.0  network to come to consensus without the centralized node known as ‘The Coordinator’
  • Value transactions – developers and node operators can now send test network tokens and test conflict resolution on the network
  • Building blocks for feeless dApps – This release lays the groundwork for the development of feeless decentralized applications (dApps).  Developer documentation will be released in the near future.

As components mature and evolve, it will be relatively easy to adapt the network as new research is conducted and optimizations are developed. Jakub Cech, Director of Engineering at the IOTA Foundation stated in a CNF submitted statement:

The community has always been an important part of IOTA’s development. With this release, we look forward to allowing our research and developer community, along with others to test out and validate the Coordicide components. We look forward to continuing to build the future of the IOTA protocol together with the community and our academic partners towards its production-readiness.

All interested parties are now invited to test pollen: https://github.com/iotaledger/goshimmer.

Our top recommendation: Buy Bitcoin, Ethereum, XRP and Cardano from eToro
Brokerddtrgegr
Etoro

✔️ Buy 15 cryptocurrencies
✔️ Bitcoin CFD with leverage
✔️ Insurance up to €20.000
✔️ PayPal, SEPA, credit card

etoro
**= Risk warning: 62% of retail CFD accounts lose money when trading CFDs from this provider.
Last updated on

About Author

Jake Simmons

Jake Simmons has been a crypto enthusiast since 2016, and since hearing about Bitcoin and blockchain technology, he's been involved with the subject every day. Beyond cryptocurrencies, Jake studied computer science and worked for 2 years for a startup in the blockchain sector. At CNF he is responsible for technical issues. His goal is to make the world aware of cryptocurrencies in a simple and understandable way.

Comments are closed.

Follow us to the moon!

Send this to a friend