![]() There have been incredible improvements in DLT since the early days of Bitcoin. As long as they adhere to the core idea of what a DLT is supposed to be, DLTs are impartial, incorruptible, and unstoppable. The most likely candidate is a distributed ledger technology (DLT). Such a system can only be established by someone or something free from profit-driven motives. We can’t even interact with each other without going through siloed applications run by centralized service providers that extract as much profit – which is usually your data – as possible.įor these reasons and more, it is impossible for any profit-driven entity or state actor inclined to act in the best interest of their shareholders or citizens to establish a world-spanning network that is accepted, trusted, and used by everyone. It fails to guarantee that anyone is who they say they are, and its centralized nature allows business and political powers to decide who can access and participate, leaving us vulnerable to manipulation, exclusion, and predatory value extraction. Web2 falls short of providing us with the freedom we yearn for. There’s no doubt that almost all aspects of our lives will eventually be digitized, one way or another, and that we'll need to safely navigate the digital world in order to interact with anyone else.īut among the convenience of Web2 (the current version of the internet), something vital remains missing – trust, autonomy, and true equality. The internet has turned the world digital, overcoming physical barriers and borders and effectively turning the world into a global village. Together they are blueprints for a future where everyone can enjoy digital autonomy.įor a more detailed take on this article, we recommend the Wiki version of this article, to be published on October 5th. This blog post is the first in a series of upcoming blog posts, wiki articles, and videos that will share with you the details of IOTA 2.0 in its entirety. The entire architecture of IOTA has been meticulously rebuilt from scratch, emerging as a resolute and robust system. In the realm of technical innovation, patience is a virtue.Īfter an extensive period of research and prototyping, the IOTA Foundation proudly presents IOTA 2.0, a protocol that encapsulates our vision of Digital Autonomy For Everyone. ![]() Future blog posts, videos, and wiki articles will delve into the core principles and other aspects of IOTA 2.0, explaining its architecture and advantages. With our research concluded and implementation well underway, the time has come to explain IOTA 2.0 in detail. To achieve this reality, we need an infrastructure that enables it: That is what we are building with IOTA 2.0. Join us as we forge a future where digital autonomy is not just an ideal, but a tangible reality. This blog post is the first in a series that explains the IOTA 2.0 protocol update before it is introduced as a network.
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