IOTA
IOTA
The IOTA ecosystem enables programmability in both Layer 1 and Layer 2 using Move and EVM/Solidity smart contracts respectively.
The IOTA Mainnet is the L1 "production" network of IOTA. The IOTA Mainnet's tokens have a real-world value, so we recommend that you use the IOTA Testnet or Devnet to develop your application.
IOTA uses a delegated proof-of-stake (DPoS) consensus mechanism to validate on-chain transaction blocks. Validators must secure a certain amount of IOTA tokens to participate in the network, where they actively run the Mysticeti protocol to finalize transactions. This approach incentivizes honest behavior, enhances security, and ensures an efficient and scalable blockchain while avoiding the high energy demands of Proof-of-Work (PoW) systems, which rely on computationally intensive mining.
You can find the link to the block explorer below:
Staking Guide
Validator Address
Validator address
Staking Mechanics
Reward Frequency
End of each epoch
Auto-compounding
Yes
Penalty
Validators that receive a low score can be penalized with slashed stake rewards
Slashing
The validator set actively monitor's itself and if a validator is clearly non-performant, then the other validators score that validator with a 0 and slash its rewards.
Stake Lockup
No lockup
Unbonding Period
No unbonding period
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