IOTA 2.0 incentives and token economics white paper has been recently released. According to the white paper, IOTA 2.0 provides access to the network as a reward for maintaining the network, to create an inclusive and accessible cryptocurrency ecosystem, and to achieve digital autonomy for a wider user base. IOTA 2.0's leaderless consensus eliminates the cost for token holders, who can destroy the resource Mana generated by tokens to produce their own blocks. By rewarding users who participate in the network with Mana instead of basic token rewards, IOTA 2.0's token economics prevents value acquisition and exploitation by profit-driven validators. The method aims to eliminate inflation, ensure a fixed token supply, and prevent wealth centralization. Directly linking rewards to the system's utility also encourages continuous, long-term participation by early adopters and accommodates users who are limited in obtaining cryptocurrency rewards.
All Comments