IOTA is now officially EVM compatible 🚀

What does that mean?
IOTA, a six year old blockchain with DAG tech processes that enables Parallel transaction processing for scalability.

And the news its that after two years of testing, it has released the
🤝 Seamless Solidity #SmartContract deployment!

That means it's EVM compatible and now IOTA can have Ethereum's projects working along or those can be moved to the 'Tangle'.🚀

IOTA (MIOTA) is a cryptocurrency launched in 2015

IOTA

IOTA is now officially EVM compatible 🚀

What does that mean? 
IOTA, a six year old blockchain with DAG tech processes that enables Parallel transaction processing for scalability.

And the news its that after two years of testing, it has released the
🤝 Seamless Solidity #SmartContract deployment!

That means it's EVM compatible and now IOTA can have Ethereum's projects working along or those can be moved to the 'Tangle'.🚀

Taiamã Demaman

IMG_7123.jpeg

Changes to IOTA Leadership

Much has been moving and progressing in the $IOTA project, and since the launch of their IOTA EVM we’ve seen a great deal of announcements and technology partnerships being made. This is all really great stuff from a once super promising project - that has pretty much been next to flatlined throughout the entire pandemic era - as it has risen like a Phoenix coming into Q2 of 2024.

More welcome announcements to share about the project here as they have shaken up the leadership structure of the IOTA Foundation, with significant developments that mark a new phase for the organization.

Here are the headlines:

Dr. Navin Ramachandran** joins the IOTA Supervisory Board
Dr. Anja Raden, Jan Misselwitz and Luca Moser** join the Board of Directors
Dr. Christoph Strnadl* will head the *new Technology Adoption department.**

https://blog.iota.org/iota-leadership-transitions/

On the surface, the timing of the overall project’s cadence is actually quite welcome as it means that the IOTA didn’t feed on the whole pre-FTX valuation frenzy; something that many, many projects have had to face as the tide went out and left their bits exposed to the bear naked wind. Maybe not so with IOTA, as they look to face fiercer competition with the likes of Kaspa and other notable and well-funded directed acyclic graphs (DAG) infrastructures rise to the forefront of innovation and interoperability.

**Changes to IOTA Leadership**

Much has been moving and progressing in the $IOTA project, and since the launch of their IOTA EVM we’ve seen a great deal of announcements and technology partnerships being made. This is all really great stuff from a once super promising project - that has pretty much been next to flatlined throughout the entire pandemic era - as it has risen like a Phoenix coming into Q2 of 2024.

More welcome announcements to share about the project here as they have shaken up the leadership structure of the IOTA Foundation, with significant developments that mark a new phase for the organization.

**Here are the headlines:**

- **Dr. Navin Ramachandran** joins the IOTA Supervisory Board
- **Dr. Anja Raden, Jan Misselwitz and Luca Moser** join the Board of Directors
- **Dr. Christoph Strnadl** will head the **new Technology Adoption department.**

https://blog.iota.org/iota-leadership-transitions/

On the surface, the timing of the overall project’s cadence is actually quite welcome as it means that the IOTA didn’t feed on the whole pre-FTX valuation frenzy; something that many, many projects have had to face as the tide went out and left their bits exposed to the bear naked wind. Maybe not so with IOTA, as they look to face fiercer competition with the likes of Kaspa and other notable and well-funded directed acyclic graphs (DAG) infrastructures rise to the forefront of innovation and interoperability.

Kawin Rungsimuntakul

Pyth launches on IOTA EVM
https://blog.iota.org/pyth-launches-on-iota-evm/

Just one week after launching its EVM, the IOTA Foundation ($IOTA) announced today that Pyth Network has deployed its oracle services on IOTA EVM. As a leading oracle service provider, Pyth will be the primary decentralized data stream for IOTA, followed shortly by Supra which will launch later this year.

Oracles play a crucial role in getting trusted real-world data “from the outside” on-chain, making them ready for use in smart contracts.

Accurate, reliable, and secure data feeds are a necessity for every DeFi protocol. Pyth currently provides this service for more than 500 assets, making it a great solution for projects and innovators and reflecting the hype that surrounded its airdrop and token distribution launch.

Shimmer is the official L1 staging and validation network of IOTA's distributed ledger technology. The platform offers an innovation playground with short development cycles and features not yet available on the IOTA mainnet.

This integration marks a major milestone towards bootstrapping a successful ecosystem and enabling builders to utilize IOTA EVM’s powerful properties to build the digital economy of the future.

**Pyth launches on IOTA EVM**
https://blog.iota.org/pyth-launches-on-iota-evm/

Just one week after launching its EVM, the IOTA Foundation ($IOTA) announced today that Pyth Network has deployed its oracle services on IOTA EVM. As a leading oracle service provider, **Pyth** will be the primary decentralized data stream for IOTA, followed shortly by **Supra** which will launch later this year.

Oracles play a crucial role in getting trusted real-world data “from the outside” on-chain, making them ready for use in smart contracts.

Accurate, reliable, and secure data feeds are a necessity for every DeFi protocol. Pyth currently provides this service for more than 500 assets, making it a great solution for projects and innovators and reflecting the hype that surrounded its airdrop and token distribution launch.

Shimmer is the official L1 staging and validation network of IOTA's distributed ledger technology. The platform offers an innovation playground with short development cycles and features not yet available on the IOTA mainnet.

This integration marks a major milestone towards bootstrapping a successful ecosystem and enabling builders to utilize IOTA EVM’s powerful properties to build the digital economy of the future.

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