IOTA Chrysalis Upgrade — What’s behind it and what users have to consider

TheLuWizz
Coinmonks
Published in
5 min readApr 26, 2021

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Currently, the Berlin-based crypto project IOTA is one of the most exciting phases since its founding in 2015. With the upgrade christened Chrysalis, IOTA paves the way to the final “coordicide,” i.e., the end of the Tangle coordinator.

Chrysalis transitions IOTA to version 1.5 before the end of the coordinator finally awaits in version 2.0. The mainnet of the new version is to be launched before the end of April. We explain what exactly is behind it and what investors need to know now.

Chrysalis Transitions IOTA to Version 1.5

As per the official roadmap, the IOTA Foundation paved the way to the final version of IOTA in April 2021. However, before the project ends its upgrade cycle with version 2.0, the most important upgrade in the project’s history to date awaits IOTA with Chrysalis.

Chrysalis is intended to give the already very fast Tangle — IOTA’s alternative to blockchain technology — a noticeable performance boost. Both users and developers should…

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TheLuWizz
Coinmonks

Yoga-inspired Crypto Nomad. Balancing #Bitcoin and asanas. Join me for a joyride through #crypto, #yoga, and the digital nomad life. Good vibes only! 💡🧘‍♂️💰