220 Million+ IOTA Locked in Just 12 Hours Ahead of Chrysalis Launch

220 Million+ IOTA Locked in Just 12 Hours Ahead of Chrysalis Launch
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Yuri Molchan

IOTA co-founder has tweeted that over 220 million coins has been locked in as IOTA users are preparing for the migration to Chrysalis network

Dominik Schiener, who cofounded IOTA, has announced on his Twitter page that in just twelve hours, over 220 million tokens has been locked in as IOTA has started moving to the Chrysalis protocol.

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Image via Twitter

As reported by U.Today earlier, the migration started Wednesday and will last a calendar week. Chrysalis will be launched on April 28.

Chrysalis is the major upgrade that will allow IOTA to lay the basis for adding smart contracts and launching native assets.

When the shift to Chrysalis is completed, dev teams will be able to launch dapps on IOTA and make other solutions.

editorial staff