IOTA was once a crypto-market sensation but largely went silent during the pandemic. But the project is being pulled into the spotlight once again with a 10% gain today after an intervention by Dominik Schiener, IOTA’s cofounder, during an Ask Me Anything (AMA) session held yesterday.

Schiener’s comments—which confirmed the forthcoming IOTA Ethereum Virtual Machine (EVM) launch and the debut of IOTA’s new alpha version—sparked a market flurry. But he also recommended that IOTA holders stake their tokens on the IOTA EVM by the second quarter, a tip that may have also sparked a buying hype among token farmers.

The IOTA Foundation’s recent release of the alpha version of iota-ore last week marked a significant step toward refining protocol parameters and bolstering network usability. Hans Moog, a key developer at the foundation, announced the upgrade on his social media account.

The alpha release brings fixes to its docker network integration, mitigating future hacks by nightly tests, expedited error detection, and better code management for its diverse team members. Developers can now use local snapshots, reducing the burden of continual uploads and downloads.

While the alpha release may not be brimming with updates, Moog emphasized its significance “Nobody cares about an alpha for a testnet but the community can maybe

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Author: Jose Antonio Lanz

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