IOTA has just concluded its governance voting on the Rebased Protocol with 98% of the participants supporting the upgrade.
Currently, partners and application builders are testing the new technology with many independent validators also onboarding to participate in the operational procedure.
IOTA (IOTA) recently subjected what could be the most important upgrade in its history (Rebased Protocol) to a governance vote. As we earlier reported, the process started on December 2 through December 17 with the voting prompt – “Do you support upgrading the IOTA Mainnet to the proposed IOTA Rebased Protocol?”
According to our research, the majority of the voters approved the upgrade with a voting percentage of 98.37%. Specifically, the IOTA Rebased received 31,647,575,919,696,580 “Yes” votes, with 1.48% (474,777,288,656,110) of the total participants voting against the upgrade. Meanwhile, 0.15% (48,806,799,459,141) of the qualified voters chose “Abstain”.
The biggest upgrade in I
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