TL;DR:
We current the official outcomes of the governance vote for the IOTA Rebased protocol improve proposal. A big majority of IOTA token holders have voted to improve IOTA to the brand new Rebased protocol.
We’re blissful to announce that the latest governance proposal to improve IOTA to the Rebased protocol has acquired a big majority of constructive votes. IOTA token holders have voted in favor of what we consider to be an important improve in IOTA’s lengthy historical past. Scroll to the top of this weblog publish for a full breakdown of the vote outcomes.
The choice by IOTA token holders to observe the event path proposed by the IOTA Basis and the overwhelming assist and constructive responses we’ve acquired over the previous few weeks from our ecosystem and companions promise a brilliant future forward. We welcome the mandate given to us by the IOTA neighborhood to steer the undertaking in what we consider to be the best route.
The Path Ahead
As already highlighted in IOTA Rebased: Technical view, the IOTA Basis’s engineering group is making ready the IOTA Rebased mainnet launch . The Public Testnet is dwell, and companions and software builders are making ready and testing the brand new expertise stack. We invite all builders to hitch the motion and develop purposes for our thrilling new protocol.
An incredible signal of the elevated curiosity in IOTA’s new protocol is that many unbiased validators are already onboarding the testnet to take part in hardening our tech stack and operational procedures in order that the Rebased mainnet can begin with a decentralized set of entities, making certain its resilience. You’ll be able to apply to change into a testnet validator by way of this type, and we’ll evaluation your software primarily based on feasibility standards and technical maturity.
Wrapping it up
For the mainnet launch of Rebased, these situations have been set to make sure a easy transition:
- Minimal two months testnet part, together with a radical stress check.
- Readiness evaluation of all validators on the testnet.
- Completion of safety audits in the course of the testnet part.
- Integration of IOTA Rebased by main exchanges.
As soon as these situations are fulfilled, we’ll announce a launch date for IOTA’s new Mainnet.
Official Vote Outcomes
The governance vote, which ran from December 2nd by December seventeenth, requested, “Do you assist upgrading the IOTA Mainnet to the proposed IOTA Rebased Protocol?”
- Reply “Sure, I assist the improve to IOTA Rebased” acquired 31,647,575,919,696,580 votes (98.37%)
- Reply “No, I don’t assist the improve to IOTA Rebased” acquired 474,777,288,656,110 votes (1.48%)
- Reply “Abstain” acquired 48,806,799,459,141 votes (0.15%)
