IOTA is bringing smart contracts with zero fees, Ethereum interoperability, and compatibility for next-gen distributed apps

IOTA is bringing smart contracts with zero fees, Ethereum interoperability, and compatibility for next-gen distributed apps

IOTA is unveiling its smart contracts, with a clear onboarding path and many interesting features for developers.

Remember IOTA? IOTA was designed to rethink blockchain and achieve mainstream adoption. It took a few wrong turns somewhere along the way, but now it seems to be back on track.

After relaunching in March 2021, today IOTA is releasing a beta version of its smart contracts implementation, with a few notable features such as zero fees, Ethereum interoperability and compatibility.

Smart contracts are programs stored on a blockchain that run when predetermined conditions are met. You can think of them as code with crypto guarantees and security, and they power some of blockchain’s most advanced functionality, such as DAOs and DeFi.

We caught up with IOTA Foundation co-founder and CEO Dominik Schiener to discuss the rollout, as well as progress made since March 2021.

Read the full article on ZDNet

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