FacebookTwitterLinkedInTelegramCopy LinkEmail
Fintech

IOTA Mainnet Launches and Rebases, New Wallet Available

IOTA Mainnet Launches and Rebases, New Wallet Available

The IOTA Foundation has officially announced the successful launch and rebase of its mainnet.

Users can now access the rebased network via the new explorer: explorer.iota.org.

Alongside the mainnet launch, a new wallet is available for users, with setup instructions provided at docs.iota.org/about-iota/iot…. The rebase represents a fundamental restructuring of the IOTA network architecture.

The Foundation also noted that the reactivation of the IOTA Ethereum Virtual Machine (EVM) compatibility is still underway, with updates to follow. The “Road to IOTA Rebased” graphic indicates this as the next key step after the mainnet launch.

This long-awaited rebase marks a pivotal moment for IOTA, promising improved functionality and laying the groundwork for future development and wider adoption of its distributed ledger technology. The community anticipates further updates regarding the EVM integration.

Author
Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.

Learn more about crypto and blockchain technology.

Glossary