The upgraded IOTA mainnet will support smart contracts based on the Move language at layer one, while maintaining EVM compatibility at layer two.
As one of the most anticipated updates in IOTA's history, the IOTA Foundation has successfully completed the Rebased upgrade. This significant update greatly enhances the network's technical capabilities, making it the first dual smart contract ecosystem. The upgraded IOTA mainnet will support smart contracts based on the Move language at layer one, while maintaining EVM compatibility at layer two.
As one of the oldest and most prestigious institutions in the blockchain field, the IOTA Foundation has been continuously building innovation since 2015. The early network relied on a centralized Coordinator. To achieve a fully decentralized and scalable architecture, the foundation launched the "Coordinator Removal Plan," a significant milestone later known as IOTA 2.0 (Coordicide), aimed at achieving complete decentralization and significantly enhancing scalability and security.
With the L1 smart contract revolution brought by the Move virtual machine—this breakthrough in secure, high-performance programming technology—the IOTA Foundation reassessed its technical roadmap. Most networks are hindered by inefficiencies and weakened native token functionality due to hierarchical fragmentation, while IOTA is committed to strengthening the value of its core asset rather than diluting it. After long and careful deliberation, it was decided to restructure the main layer and add instant L1 programmability, which is seen as key to future success. Sticking to the IOTA 2.0 route would require multiple disruptive changes, while the Rebased plan can achieve a decisive transformation in one go, allowing the network to move forward with full force.
Since its inception, IOTA has chosen a different development path—creating real value by solving real-world problems. With the Rebased upgrade, IOTA is fully equipped to lead the industry into the era of practical application, pushing blockchain technology beyond speculation and achieving large-scale real-world applications.
Core Data Metrics of IOTA Rebased
This protocol upgrade makes IOTA an early adopter of the Move programming language, becoming the third leading L1 network to adopt Move, following Aptos and Sui, further solidifying its industry leadership.
Key features of the new network include:
• 50,000+ TPS processing capability
• 500 milliseconds confirmation speed
• The first dual smart contract ecosystem (L1 MoveVM + L2 EVM)
• A token burn mechanism that can trigger deflation when the network is active
• Up to 15% annualized staking yield (fluctuating based on total staking amount)
To ensure strong security and decentralization, the upgraded IOTA network will receive node support from top industry institutions, including well-known companies such as LugaNodes, KILN, Twinstake, Ankr, and P2P.
Building Transformative Technology
As a pioneer of DAG technology, IOTA's philosophy has been followed by heavyweight projects like Aptos and Sui. With a proven expert team and one of the largest R&D departments in the crypto field, IOTA continues to push the boundaries of technology. A new version currently under active development will further enhance the network's technical capabilities.
Today, IOTA possesses all the elements necessary to continue leading the industry: an active developer ecosystem, a clear regulatory position, and a well-defined future vision. Notably, IOTA has also become the first officially registered DLT foundation in the Abu Dhabi Global Market (ADGM), marking an important milestone in its global layout.
With a powerful mainnet upgrade and a globally distributed architecture, IOTA is driving the implementation of real-world applications. After successfully completing the EU Blockchain Pre-commercial Procurement project, IOTA is actively shaping innovative practices within the EU, solidifying its position as a trusted partner for enterprise and government projects.
(See the attached article: solidifying its role as a trusted partner)
IOTA's influence extends far beyond Europe. The foundation has recently established partnerships with authoritative organizations such as the World Economic Forum, the UK Export and International Trade Institute, and the Tony Blair Institute for Global Change, working together to revolutionize global trade through comprehensive digitalization of key processes, paving the way for a more efficient and transparent future.
(See the attached article: The foundation recently joined forces with leading organizations)
The Rebased upgrade marks a critical turning point in IOTA's mission to connect blockchain technology with real-world applications. For more details on the upgrade, the latest developments, and future plans, please follow IOTA's official social media platforms and join the thriving community:
LinkedIn: https://www.linkedin.com/company/iotafoundation/
Discord: https://discord.iota.org/
Telegram: https://t.me/IOTAOfficialCommunity
For more information, please visit: www.iota.org
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