Close Menu
  • Home
  • Marketcap
  • Advertise
  • Wallets
    • Bitcoin Wallets
    • Ethereum Wallets
    • Dogecoin Wallets
    • Monero Wallets
  • Bitcoin
    • Dogecoin News
    • Ripple
    • IOTA
    • Shiba Inu
    • Cardano
    • VeChain
  • All Posts
What's Hot

VeChain’s Journey is Only Beginning, According to Sunny Lu—$VET Will Fuel the New Digital Economy

Jun. 6, 2025

VeChain Introduces ‘Renaissance’ Upgrade: A New Chapter for VET and Blockchain Adoption

Jun. 4, 2025

Analyst Outlines Bullish Case for SHIB: Potential 503% Surge for Shiba Inu?

Jun. 3, 2025
Facebook X (Twitter) Instagram
  • Advertise
  • Bitcoin
  • Marketcap
  • Wallets
Facebook X (Twitter) Instagram Pinterest Vimeo
OneBitBay
  • Home
  • Marketcap
  • Advertise
  • Wallets
    • Bitcoin Wallets
    • Ethereum Wallets
    • Dogecoin Wallets
    • Monero Wallets
  • Bitcoin
    • Dogecoin News
    • Ripple
    • IOTA
    • Shiba Inu
    • Cardano
    • VeChain
  • All Posts
SUBSCRIBE
OneBitBay
Home » IOTA Announces May 5 Launch for Significant Rebased Upgrade—A New Era Commences
Bitcoin

IOTA Announces May 5 Launch for Significant Rebased Upgrade—A New Era Commences

By adminApr. 23, 2025No Comments4 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
IOTA Announces May 5 Launch for Significant Rebased Upgrade—A New Era Commences
IOTA Announces May 5 Launch for Significant Rebased Upgrade—A New Era Commences
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

IOTA Announces Launch Date for Rebased Network Upgrade

IOTA has officially set the launch date for its Rebased network upgrade—May 5, 2025. The launch comes after much anticipation from the industry and aims to improve the current IOTA ecosystem. The upgrade will shift the current IOTA Stardust network to a new system called simply the IOTA network. These changes will remove the need for token migration, too.

5.5.2025 → A new IOTA begins. Built on nearly a decade of research. Inspired by the best of Web3. Committed to open-source values.

https://t.co/CR2O6rocM4

Smart contracts, decentralization, real-world adoption – just 2 weeks to launch⤵️ 1/4

— IOTA (@iota) April 22, 2025

Accessing Wallets and Compatibility

Still, the users need to securely access their wallets via private keys, mnemonic phrases, or stronghold files from Firefly or Bloom. Once the new system is live, a new browser wallet extension will replace the old Firefly wallet. Further, IOTA also plans to roll out a detailed wallet dashboard panel for the token vesting schedules and asset management tools.

Source: IOTA

Ledger devices remain compatible, although the Ledger Nano S, now deprecated on Ledger Live, will require manual setup. For the Rebased IOTA Mainnet, users will need to install the updated IOTA Ledger app, ensuring secure access to assets after the migration.

13 Validators Kickstart Rebased Mainnet

The shift on May 5 begins with what IOTA calls the “Genesis Ceremony.” This event initiates the Rebased Mainnet through a structured sequence involving 13 validators, including the IOTA Foundation and other trusted names like Twinstake, Stakin, and Nansen. It all starts with shutting down both the Stardust mainnet and IOTA EVM, followed by capturing snapshots of the ledger state.

Source: IOTA

The IOTA Foundation and validators internally verify the data before creating mappings of old and new addresses—especially for treasury funds now managed by a third-party custodian. These mappings and other vital data will be openly published, reinforcing IOTA’s push for transparency.

A member of the Foundation acts as the “Master of the Ceremonies,” building the Stardust Objects Snapshot. Validators upload their metadata to a shared repository, leading to the creation of the initial checkpoint and migration files. These files document transactions that will jumpstart the new network upon launch.

All Eyes on May 5: Final Steps Before Go-Live

Before booting up the new network, all validators must sign off on the checkpoint and verify the integrity of migration data. This finalization phase ensures the genesis.blob includes all validator signatures, confirming consensus across the board. Once ready, the file gets distributed through public repositories and Amazon S3.

From there, each validator sets up nodes using the finalized genesis data. IOTA will simultaneously roll out new infrastructure—wallet apps, explorers, RPC endpoints, and node APIs—laying the groundwork for the ecosystem’s growth. IOTA EVM services are scheduled to come back online within four to eight hours post-upgrade.

Users can continue leveraging MetaMask for EVM interactions. A new tool, the IOTA EVM Bridge Web App, will assist in token transfers across the IOTA Layer 1 and EVM. However, users are urged to manage their positions wisely as downtime is expected during the transition window.

Wallets, Validators, and the Road Ahead

The new IOTA wallet experience is geared towards simplicity. Alongside the browser extension, IOTA offers migration guides, transaction instructions, staking steps, and asset management resources. Nightly Wallet also supports the upgrade and can be accessed via web or mobile platforms.

Two explorer tools—explorer.rebased.iota.org and IOTAscan.com—provide real-time network insights. These trackers help users follow validator activities, transaction histories, and smart contract interactions with clarity.

The Rebased network launches with 13 validators, but that’s just the beginning. IOTA plans to onboard roughly 10 validators per day post-launch, aiming for a validator count of around 50 by the end of the first week. Over the following months, this figure will grow to 150, expanding both reliability and decentralization.

Recommended for you:

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

VeChain’s Journey is Only Beginning, According to Sunny Lu—$VET Will Fuel the New Digital Economy

Jun. 6, 2025

VeChain Introduces ‘Renaissance’ Upgrade: A New Chapter for VET and Blockchain Adoption

Jun. 4, 2025

Analyst Outlines Bullish Case for SHIB: Potential 503% Surge for Shiba Inu?

Jun. 3, 2025
Leave A Reply Cancel Reply

Top Posts

Innovative Solution for Widespread Use of IOTA and Distributed Ledgers: Transforming User-Node Interaction

Jul. 21, 2023

IOTA’s Stablecoin with 0% Interest Rates to Launch on Shimmer Network, Poised to Compete with Ethereum, Solana, and Cardano.

Jul. 24, 2023

IOTA Co-Founder Affirms Promising Strategies for Cardano, Shimmer, and IOTA Prior to 2023 Summit

Aug. 6, 2023

IOTA: Anticipate the Launch of Shimmer-Based Web 3 GroupFi Protocol in Q4 2023 – Get Ready for What’s Coming

Sep. 1, 2023
Don't Miss

VeChain’s Journey is Only Beginning, According to Sunny Lu—$VET Will Fuel the New Digital Economy

Jun. 6, 2025

VeChain (VET), the blockchain platform founded in 2015 by former Louis Vuitton China CIO Sunny Lu, i…

VeChain Introduces ‘Renaissance’ Upgrade: A New Chapter for VET and Blockchain Adoption

Jun. 4, 2025

Analyst Outlines Bullish Case for SHIB: Potential 503% Surge for Shiba Inu?

Jun. 3, 2025

VeChain to Introduce StarGate on July 1—Significant $VET Staking Rewards and Fee Burn Opportunities Await

Jun. 3, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
About Us
About Us

OneBitBay is your preferred news website to explore the digital currency market, stay updated on the latest news, and trends. We offer in-depth coverage and professional analysis to help you understand the pulse of the market.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Most Popular

Cardano Founder Acknowledges Ripple’s Advancements, Envisions Expansion for XRP and ADA

Dec. 31, 2024

Spanish University Launches Pioneering Master’s Program Dedicated Exclusively to Bitcoin

Apr. 24, 2025

Dogecoin Price Prediction: Is a 300% Surge to $0.60 Possible for DOGE?

Mar. 11, 2025
  • Advertise
  • Bitcoin
  • Marketcap
  • Wallets
© 2025 OneBitBay All rights reserved.

Type above and press Enter to search. Press Esc to cancel.