IOTA wants to ditch its most centralized component, but the timeline is still murky

IOTA, a distributed ledger protocol for the Internet of Things, has released a new white paper detailing an upcoming software upgrade that promises to improve scalability and get rid of the network’s most centralized component – the Coordinator. The plan, more commonly known as the Coordicide, will ensure the network remains stable and secure without the need for a central entity. While the IOTA research team is confident it has found a workaround, the timeline for implementing the solution remains unclear. “The IOTA Foundation is already working on implementation, but the timeline will depend on a number of variables,” an…

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