- IOTA Pollen minor version 0.2.2 has come with several improvements.
- IOTA noted that the new Pollen version achieved over 10,000 transactions per second.
- Pollen v0.2.1 handled only up to 1,500 TPS.
As per a recent tweet by IOTA, the new Pollen minor version 0.2.2 comes with several improvements. After a synchronization process test, the firm found that the new Pollen version achieved over 10,000 transactions per second (TPS).
The new #Pollen v0.2.2 has major improvements in the solidification process. With just these improvements in the synchronization process, we registered TPS of over 10k, more than 6X faster than Pollen v0.2.1. Stay tuned for future updates! https://t.co/eEb5YY7rdg#IOTA pic.twitter.com/hDwwcM9dmE— IOTA (@iotatoken) July 28, 2020
According to an earlier BTCManager report, the Pollen v0.2.1 handled up to 1,500 TPS, which was a significant improvement compared to the previous mainnet. According to a blog post published recently, the latest upgrade has improvements in different areas. Message and transaction validation saw an update that includes signature validation before issuance. The maximum transaction input has also been changed in the new upgrade.
In addition to Pollen, IOTA’s Chrysalis also witnessed a peak performance in TPS. According to Dominik Schiener, IOTA co-founder, Chrysalis crossed the 1,000 TPS milestone. Schiener also noted that transactions within the network took 10 seconds to be verified.
IOT/USD daily chart
IOT/USD bears have stayed in control for the second straight day, having already taken the price down from $0.301 to $0.2971 in the early hours of Saturday. The MACD shows sustained bullish momentum. The RSI, which was hovering at the edge of the overbought zone, has dipped down.
IOT/USD has one strong resistance level at $0.305. On the downside, we have four healthy support levels at $0.279, $0.2665 (SMA 20), $0.255 and $0.244 (SMA 50).
|Today last price||0.29666|
|Today Daily Change||-0.00357|
|Today Daily Change %||-1.19|
|Today daily open||0.30023|
|Previous Daily High||0.30284|
|Previous Daily Low||0.29401|
|Previous Weekly High||0.30525|
|Previous Weekly Low||0.2547|
|Previous Monthly High||0.30525|
|Previous Monthly Low||0.22143|
|Daily Fibonacci 38.2%||0.29738|
|Daily Fibonacci 61.8%||0.29947|
|Daily Pivot Point S1||0.29521|
|Daily Pivot Point S2||0.2902|
|Daily Pivot Point S3||0.28638|
|Daily Pivot Point R1||0.30404|
|Daily Pivot Point R2||0.30786|
|Daily Pivot Point R3||0.31287|
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.