Discover and read the best of Twitter Threads about #chrysalis

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Life is all about the journey and the people we share it with.

The 2021 rollercoaster with the usual ups and downs has seen a fundamental transformation of #IOTA, our direction and our ecosystem.

2021 Highlights & What to expect in 2022 👇

#Shimmer #Assembly
We started 2021 with "A New Dawn" - the start of IOTAs transformation.

The #Chrysalis mainnet upgrade has introduced a complete rewrite of #IOTA, with only the Tangle (DAG) remaining.

✅ UTXO
✅ EdDSA
✅ Firefly
✅ #Rust and #Go only
...much more

blog.iota.org/iota-chrysalis…
The #Chrysalis upgrade was a big success, with 90% of the #IOTA supply fully migrated (more than $3.5b)

With this upgrade, we began to broaden our vision by introducing exciting new utility features on L1 and L2, and accelerate the transition to IOTA 2.0 (Full Decentralization).
Read 5 tweets
Let's take a trip through the major releases on the @iota network since #chrysalis this April. 🧵(1/13)
Their brand new wallet, #Firefly, was released on April 21 in preparation for the token migration to the new #chrysalis network (#IOTA 1.0 -> #IOTA 1.5). (2/13)
firefly.iota.org
Then the #chrysalis network (1.5) went live on April 28. The coordinator is still active, but this sets the stage for #coordicide (#IOTA 2.0) in the future. (3/13) blog.iota.org/the-new-chrysa…
Read 13 tweets
Initially, #IOTA was designed with the IoT in mind - lightweight, highly scalable, no transaction fees, parallel transactions, no miners.

Turns out this is also a great technical basis for every other scenario as well.

Since 17/18 a lot of things have happened:
The project is one of the most ambitious in the whole DLT space. The aim is so high that some don't believe it's possible: "scam" "garbage" etc. And 18/19 was a valley of despair. There were technical misconceptions and unnecessary dirty laundry.
Also - research is not a straight road - no organization has ever researched a feeless DLT system based on a DAG.

But the team took all the learning from the past and redesigned a whole new system with the same principles in mind. The birth of the current #Chrysalis network.
Read 12 tweets
I want to start a new thread story. Not sure how long it will be and I may use different prompts: #vss365 #vssmagic #vssnature etc etc ... I love reading about legends and folk lore, and in my fantasy writing I often create my own myths. So this will be just a fun exercise...
According to #lore &myths of old,griffins nestled on these cliffs long ago. They swooped down on the unsuspecting;carried them off never to be seen again.
Griffins were not elemental creatures,but air & earth did have dominion over them; their only enemy -fire.
#vss365 #vssmagic
"I helped your troupe avoid #shadow and #gore," said the dark wizard simply, implying that he saved us from the mythical griffins. I gaped at him. "And now for what you promised."

"No," I was careful not to get trapped in words, "I said: after you summon her."
#vss365 #vssmagic
Read 132 tweets
(1/15) The #Coordicide project at #IOTA is naturally an important milestone that will need to be delivered. But too often other progress on IOTA is overlooked. There are soo many pieces that together form the vision of IOTA. Let's have a look what my colleagues are working on!
(2/15) The #IOTA Engineering department has 9 different projects: #Bee, #Hornet, #Chronicle, #Firefly, #Client Libraries, #SmartContracts, #Identity, #Streams and #Stronghold. It also maintains our websites, the coordinator and nodes.
(3/15) In those projects, #Bee, #Hornet and #Chronicle directly build out the first layer of #IOTA. Implementing new features to the first layer for updates like #Chrysalis and #Coordicide.
Read 15 tweets
Thank you @MikeThaInvestor for hosting @DanSimerman! Dan starts out with "IOTA has seen quite a transformation" "We have taken a step back and really wanted to focus, build, and deliver." "The sleeping giant is awakening!" People don't realize the scale and scope of our vision.
Anyone can copy #Bitcoin or #Ethereum and say they are unique, but #IOTA really is unique in a very literal sense. Mike comments on the Tangle, a DAG instead of a normal blockchain. Dan: in 2015 the #IOTA founders realized a new architecture was needed to break out of limits.
Read 28 tweets
1/n Short summary for the English world:
@BoschGlobal Research runs a project "Economy of Things" focusing on digital (decentralized) #marketplaces based on their experiences in
1⃣#DLT
2⃣#MPC multi-party computing
3⃣decentralized identity management (#SSI)
4⃣digital marketplaces
2/n The principles for #platform's they have researched are very well suited for #GaiaX. That's the reason why they have been engaged in and support it heavily.
Their vision of a fair and neutral digital marketplace is based on criteria such as
- openness
- neutrality
- transparency
- souvereignty
- integrity
- coopetion
(which fully coincide with #GaiaX's vision of their #European #dataspace & #servicespace.
Read 7 tweets

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