This article was first published on IOTA - Medium
The first phase of IOTA 1.5 (also known as Chrysalis) — the mainnet’s intermediate stage before Coordicide — is complete. You can read more about the strategy for releasing Chrysalis here.
The Chrysalis Phase 1 components have been deployed on the IOTA mainnet today. This is a major milestone for IOTA, and we would like to thank the community, the Hornet team and our partners for the support, contributions and last but not least, for upgrading to Hornet.
Chrysalis Phase 1 is a set of components improving the reliability, performance, and usability of the IOTA network. The components are based on Coordicide research. Thanks to Chrysalis, we are able to deliver some of these improvements to our existing network before IOTA 2.0.
Network capacity improved to over 1000 TPS
Up until now, the network was only able to consistently handle Transactions per Second (TPS) in the 5 to 20 range. Nodes, especially those running older node software, would start to struggle above 40 TPS. With the whole network upgraded to Hornet nodes, improved tip selection and milestone selection algorithms, and the addition of white flag, the network is now able to support over 1000 TPS.
The same implementation that is now deployed on the mainnet has been able to reach 1500 TPS on our community testnet (comnet) during testing.
This improvement makes the IOTA networks capable of serving a significantly larger number of use cases and business partners simultaneously, bringing us one step closer to an enterprise-ready network.
Improved token transfer experience
The technological upgrades brought by Chrysalis components improve the network’s confirmation rate and maintain a high confirmation rate in scenarios in which the previous version of the network could not. This means that sending tokens from one address to another has become a much better experience. It also means that the vast ...
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