Experience a New Decentralized Digital Economy with IOTA and Shimmer

• The IOTA Coordicide upgrade will solve the issue of a central coordinator in the Tangle architecture, making the network more decentralized and transparent.
• The IOTA Foundation is making key developments at every junction, and has launched the Shimmer Network as a Layer 1 staging network to test new innovations and features.
• The IOTA blockchain and Shimmer will serve as a gateway to the social, financial, and entertainment functions, allowing users to participate in governance, earn staking yield and fees, and trade, save and invest.

The IOTA Foundation is making strides towards a more decentralized and transparent network with the development of the Coordicide upgrade. The upgrade is set to solve the issue of a central coordinator in the Tangle architecture, and is a key milestone for IOTA’s development. With the upgrade, users can have greater control over their data and transactions, as well as benefit from improved security and scalability.

To ensure a smooth transition towards full decentralization, the IOTA Foundation has launched the Shimmer Network, a Layer 1 staging network to test new innovations and features before introducing them to the IOTA mainnet. The Shimmer Network will allow users to experience and experiment with the new features before they are implemented on the main network. This will help to protect the main network from any potential risks arising from the new innovations.

The IOTA blockchain and Shimmer will also serve as a gateway to the social, financial, and entertainment functions. With the IOTA blockchain and Shimmer, users will be able to buy books, art and music; trade, save and invest; play games; and earn staking yield and fees. Additionally, users will be able to participate in protocol voting, giving them a greater say in how the network is governed and how it develops.

The IOTA Foundation is committed to providing users with the best possible experience, and is continuously working on the Coordicide upgrade to make the network more decentralized and transparent. With the IOTA blockchain and Shimmer, users can enjoy a new digital economy with a variety of functions, giving them greater control over their data and transactions.

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