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IOTA to Complete Pyth Pro Migration on August 18th

By Exbasi Intelligence
Sourced from Coindar
IOTA to Complete Pyth Pro Migration on August 18th
IOTA will complete the transition to Pyth Pro on August 18th, when Pyth Core support on IOTA L1 ends. Pyth Pro provides lower-latency data and access to more than 3,000 price feeds across equities, foreign exchange, commodities, and cryptocurrencies.Refer to the official tweet by IOTA:This replaces the older Pythnet/Wormhole-based feed with 's faster, subscription-based service covering 3,000+ feeds across equities, FX, commodities, crypto & more.🗓️ Today: Pyth Pro live, migration opens🗓️ Aug 18: Pyth Core support ends on IOTA L1Read more 👇…IOTA InfoIOTA is a distributed ledger technology (DLT) that uses a unique directed acyclic graph (DAG) architecture called the Tangle. It enables decentralized, secure, and direct data and value transfers without traditional blockchain limitations. IOTA’s open-source tools support Web3 applications for individuals, businesses, and institutions.IOTA’s mechanism of operation relies on the Tangle, which allows parallel transaction processing and overcomes scalability issues found in traditional blockchains. Unlike standard blockchains, IOTA operates without miners or validators, ensuring transactions are fee-free and efficient. This structure enhances operational efficiency and security, making it suitable for handling high volumes of transactions.MIOTA is the native token of the IOTA network, used to facilitate transactions and interactions within the ecosystem. Its fee-less nature enables cost-effective transactions, supporting IOTA’s mission of enabling scalable and secure decentralized applications.

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