Germany-based network, IOTA releases its new node software, Hornet v.0.4.0. The latest node upgrade further brings the network closer to IOTA 1.5 which is also known Chrysalis. IOTA 1.5 aka Chrysalis Earlier this year, the devs at IOTA decided to give their mainnet an upgrade and make it more compatible with the demands of the industry.
The release of IOTA’s lightweight node is expected to be out as early as next week. Dubbed the Hornet, the team said the new version (whose implementation is in Go—a programming language) will be easy to install, manage, and run. Most importantly, it will make the network more performant as it requires less resources and
Hornet, which is IOTA’s lightweight node, is under test and impressively, the network can process over 40 TPS, which is almost 6X the speed of Bitcoin and 3X of Ethereum’s. This is a mark of progress and supporters couldn’t wait to express their optimism and how this will help IOTA cement its position as a
At press time, IOTA is changing hands at 24 cents against the greenback and up an impressive 27% in the past 7 days of trading. However, from some quarters, optimism and confidence in the project could see it soar to astronomical levels. Gems from the Fundstrat Report Earlier, a Fundstrat report suggested that if IOTA