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220 Million+ IOTA Locked in Just 12 Hours Ahead of Chrysalis Launch

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Thu, 22/04/2021 - 8:54
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220 Million+ IOTA Locked in Just 12 Hours Ahead of Chrysalis Launch
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Dominik Schiener, who cofounded IOTA, has announced on his Twitter page that in just 12 hours, over 220 million tokens have been locked in as IOTA has started moving to the Chrysalis protocol.

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As reported by U.Today earlier, the migration started Wednesday and will last a calendar week. Chrysalis will be launched on April 28.

Chrysalis is the major upgrade that will allow IOTA to lay the basis for adding smart contracts and launching native assets.

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When the shift to Chrysalis is completed, dev teams will be able to launch dapps on IOTA and create other solutions.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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