)WELCOME TOThe first version of a fully decentralized IOTA network
The brand new, completely decentralized IOTA network is here: the very best implementation of a feeless Distributed Ledger based on a directed acyclic graph (DAG), able to host smart contracts, DeFi platforms and second layer applications. This research implementation will be thoroughly tested and iteratively developed into a production IOTA 2.0 network.
BenefitsWelcome to the new IOTA Test-networkNo Coordinator anymore, new message structure, new consensus mechanism. The brand new IOTA network is here to stay.
Decentralized, secure & permissionlessBased on a leaderless consensus protocol, IOTA 2.0 is the most decentralized distributed ledger protocol able to handle more than just payments.
Finality within secondsTransactions reach finality in seconds without having to wait for confirmations by centralized entities, and regardless of the amount of network participants.
Lightweight and modularLow-power devices do not have issues running a node as message creation and validation are not expensive operations. Our modular approach enables countless extensions of the base protocol through additional modules.
Feeless transactionsIOTA 2.0 enables the secure transfer of data and value between humans and machines, opening up new business models based on micro-payments.
EXPLORE NOWNetwork visualizerYou can witness the Tangle network running with all of the new cutting-edge Nectar features.
Building blocks
Module 1Node identities and ManaNodes receive rewards for being good actors in a system that secures the network and provides Sybil protection. Details
Module 2New message layoutThe concept of payloads creates infinite possibilities while also improving data processing efficiency. Details
Module 3AutopeeringA mechanism for automatically finding neighbors to build a robust ever-changing network.Details
Module 4TimestampsA declared time variable for messages that allows message ordering, rate control and identifies malicious behavior.Details
Module 5Tip selectionFaster, more secure and simpler. The new tip selection is not part of consensus anymore, but it allows us to reach finality within seconds.Details
Module 6Tangle accessKeeps spammers from harming the network and allocates bandwidth during congested times.Details
Module 7Ledger stateThe Unspent Transaction Output (UTXO) model with the Parallel Reality Ledger State enables nodes to efficiently keep track and update all the balances while managing potential conflicts.Details
Module 8ConsensusDecentralized random number generator to provide security, fast voting algorithm to provide quick conflict resolutions and effective finality criteria to fit all applications needs.Details