⚡️ The IOTA Foundation has unveiled a proposal to rebase @Iota's $IOTA Layer 1

IOTA Foundation announces an upcoming community governance vote on a proposed protocol upgrade called IOTA Rebased. The firm proposes implementing an object-based ledger architecture on a DAG, using the Move programming language to enable smart contract functionality directly on the L1 ledger. If approved, the upgrade will bring multiple new features, including full decentralization with 150 validators, 10-15% $IOTA staking APY, 50k+ TPS with <500ms finality, and more.

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