The IOTA Rebased proposal introduces a transition from the UTXO model to an object-based architecture for improved programmability, resource management, and throughput exceeding 50,000 TPS
It also incorporates a deflationary tokenomics model, nominal transaction fees, and validator incentives to enhance network resilience and scalability.
IOTA Foundation has recently developed a revolutionary proposal to rebuild its blockchain framework, referred to as the IOTA Rebased protocol. This endeavor seeks to establish a completely decentralized Layer 1 (L1) network with the addition of advanced features. These new features include Move Virtual Machine (MoveVM), Ethereum Virtual Machine (EVM) support, and a revised tokenomics model.
IOTA’s Rebased Proposal Highlights
This proposal revolves around the transition from the current UTXO model to an object-based architecture powered by MoveVM. The change would improve programmability and enable resource-oriented programming, static verification,

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