IOTA Launches Shimmer Network to Drive Zero-Fee Micro-Transactions

• IOTA launched Shimmer Network which serves as a testbed before introducing main features to the IOTA mainnet.
• The major purpose behind unveiling the IOTA tangle was to drive zero-fee micro-transactions with near-instant transfers.
• Recently in September 2022, the IOTA also unveiled a new staging network dubbed Shimmer which caters to the Web3 and NFT requirements of IOTA.

IOTA, the open source distributed ledger technology, has recently launched its Shimmer Network which serves as a testing ground before introducing main features to its mainnet. The main purpose behind the launch of the IOTA tangle was to facilitate zero-fee, near-instant micro-transactions which have been designed to cater to the needs of government and industry.

In September of 2022, IOTA unveiled a new staging network known as Shimmer which is designed to cater to the Web3 and NFT requirements of the IOTA ecosystem. Through this staging network, IOTA users and developers alike are able to test out features before they are integrated into the mainnet. This helps to ensure that any bugs or issues are identified and fixed prior to the full implementation of the feature.

The IOTA tangle and Shimmer networks are two major pillars of the IOTA ecosystem. Through the Tangle, IOTA is able to provide a secure, reliable, and efficient platform for users to conduct transactions without any fees. On the other hand, Shimmer allows users to test out new features and applications before they are implemented into the mainnet. This helps to ensure that any bugs or issues are identified and addressed before the feature is rolled out.

Ultimately, the IOTA ecosystem is expanding rapidly and is well-positioned to serve the needs of government and industry. The tangle and Shimmer networks are two major components of this ecosystem and are designed to facilitate secure, zero-fee micro-transactions with near-instant transfer times. With IOTA’s vision for the future, users and developers alike are sure to benefit from the platform’s many features.