Behold! IOTA, that enigmatic creature of the crypto jungle, has decreed that its grand metamorphosis—dubbed the Rebased network upgrade—shall unfurl its splendor on the 5th day of May in the year 2025. Pray, adjust your monocles for this historic leap from the humble Stardust to the flamboyantly novel IOTA network.
This upgrade does not merely whisper of change; it bellows the dawn of an era replete with scalability that rivals a gossip’s reach, security tighter than Lady Bracknell’s corset, and decentralization so vast, even the most fastidious aristocrat would applaud.
5.5.2025 → A new IOTA begins.
Built on nearly a decade of research.
Inspired by the best of Web3. Committed to open-source values
🔗
Smart contracts, decentralization, real-world adoption – just 2 weeks to launch🧵⤵️ 1/4— IOTA (@iota) April 22, 2025
As pithily proclaimed on the vast digital town square known as Twitter, post-May 5, IOTA shall wield full decentralization with up to 150 validators—enough to make a parliament blush; scalability soaring above 50,000 transactions per second with a speed that might shame the very wind; staking rewards so generous they’d coax even the most miserly aristocrat to loosen purse strings (10-15% APY), all crowned by the debut of MoveVM for Layer 1 smart contracts.
What Bewitchments Await on 5.5.25?
In the solemn pages of its official blog, IOTA reveals that almost all trading exchanges will bow gracefully to the Rebased upgrade. Trading shall proceed without interruption, though—do prepare your patience—the ritual of deposits and withdrawals may momentarily pause, like actors taking a brief intermission. Fear not: the curtain will rise again posthaste.
The upgrade’s pièce de résistance? A 13-Validator Genesis Ceremony, a ritual so ceremonious and thoroughly choreographed it could give a royal wedding a run for its money. Led by the IOTA Foundation and a trusted council of twelve, this will usher in the new network with all the gravitas deserving of such an occasion.
The Quintet of Progress: Road to Rebased
The upgrade proceeds in five stately acts:
- Shutdown and preparations—a graceful bow to the Stardust mainnet and IOTA EVM.
- Creation of the Genesis data—a task as delicate as painting a masterpiece.
- Validator verification and signature—the grand approval of this digital aristocracy.
- Finalizing Genesis—the moment the final seal is slapped with dramatic flourish.
- Launching the network—the curtain rises on a fresh stage.
The Stardust ledger state, meticulously gathered from numerous Hornet nodes, shall be scrutinized with the intensity of a scandalous novel. A signed “genesis blob” will be crafted (oh, what a name for a masterpiece!), and a new node software version bearing a singular chain ID shall be unveiled.
Validators, like devoted footmen, will deploy, connect, and bootstrap the resplendent new network whilst the IOTA Foundation pulls behind the scenes levers: activating RPC endpoints, node APIs, explorers, and wallet applications. Expect the IOTA EVM to make its triumphant return within a mere 4 to 8 hours—a blink in the grand theatre of time.
Read More
- Becky G Shares Game-Changing Tips for Tyla’s Coachella Debut!
- Moo Deng’s Adorable Encounter with White Lotus Stars Will Melt Your Heart!
- Carmen Baldwin: My Parents? Just Folks in Z and Y
- Jelly Roll’s 120-Lb. Weight Loss Leads to Unexpected Body Changes
- Meet Tayme Thapthimthong: The Rising Star of The White Lotus!
- Jellyrolls Exits Disney’s Boardwalk: Another Icon Bites the Dust?
- Gold Rate Forecast
- Lisa Rinna’s RHOBH Return: What She Really Said About Coming Back
- Despite Strong Criticism, Days Gone PS5 Is Climbing Up the PS Store Pre-Order Charts
- `Tokyo Revengers Season 4 Release Date Speculation`
2025-04-22 18:42