IOTA (MIOTA) Making Significant Progress Toward IOTA 2.0 Launch 

The IOTA (MIOTA) team has released the details concerning the progress made so far in the journey toward IOTA 2.0 network upgrade. The research team has been able to launch Pollen, the first IOTA 2.0 testnet which features the Fast Probabilistic Consensus, according to a blog post on July 9, 2020.

In addition to the Fast Probabilistic Consensus integrated into Pollen, the decentralized testnet comes with several other important features including Value Transactions, a feature that enables IOTA network participants to send payments via a wallet, use an automated faucet to receive tokens, and test conflict resolution on the network. Other areas the IOTA team has made major improvements include networking, random number generator (dRNG), protocol, and technical specifications.

Timeline of Iota