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Dominik Schiener

Verified account IOTA

@DomSchiener

Building sovereign digital infrastructure
iota.org Joined March 2014
196 Following 71K Followers 6.8K Posts

Latest posts 5

Dominik Schiener Verified account @DomSchiener
This week, we shared difficult news internally: as part of an organizational restructuring, the IOTA Foundation is reducing the size of its team to lower our burn rate and further extend our runway.

These decisions are never easy. Our industry is going through a significant structural shift, and like every serious project we are making hard choices now so that we can emerge from it stronger and more financially independent. We are saying goodbye to talented colleagues who have contributed greatly to IOTA, and we want to thank each of them for everything they have helped build.

The purpose of this change is to align our organization more tightly around our highest-priority initiatives and to give us the focus and runway to execute on the opportunities ahead. Most important among them is TWIN - our work to turn our cross-border trade infrastructure into a growing, revenue-generating business that can support IOTA and the Foundation's mission for the long term. Our broader focus remains unchanged: advancing digital public infrastructure, trusted trade, and real-world adoption.

If there is one word that defines IOTA, it is perseverance. We have lived through every market cycle, won many battles and lost others, and have always pushed forward. We have succeeded through all these markets because we genuinely care about each other and about the mission we're on. That is exactly why a decision like this is so hard to make - but essential for the longevity of IOTA.

We're confident that these changes leave IOTA more focused, more resilient, and built to last.
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Dominik Schiener Verified account @DomSchiener
Really proud of the pioneering work we're doing together with the AfCFTA, the Tony Blair Institute and other partners to digitize trade across Africa.

Kenya, Morocco and Nigeria will be the first ADAPT implementations.

Lots more to follow once the trade routes are fully operational.
IOTA Verified account @iota May 19
Kenya, Nigeria, and Morocco have been selected as the first countries to implement ADAPT - the Africa Digital Access and Public Infrastructure for Trade initiative.
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39 replies 118 reposts 460 likes 30K views View on X
Dominik Schiener Verified account @DomSchiener
Before and after Starfish

Huge impact on reliability and robustness on the IOTA network. Especially during high throughput, Starfish consensus delivers predictable and reliable confirmation times. Exactly what businesses need.

Next up: Making it even faster (below 500ms) 馃殌
21 replies 85 reposts 365 likes 25K views View on X
Dominik Schiener Verified account @DomSchiener
Just a year ago we officially unveiled Rebased - a complete overhaul of the IOTA Layer 1. With that upgrade, IOTA has become one of the oldest Layer 1's without any technical debt.

Over the past year our team has worked on many improvements to protocol. Today, with Starfish, we have completed the biggest upgrade and improvement to the IOTA mainnet.

Really proud of what the team has achieved. The improvements are clearly visible and the Starfish consensus will make IOTA more resilient, scalable and performant.

Let's bring the real world onchain!
IOTA Verified account @iota Apr 28
The IOTA Mainnet just got a major consensus upgrade.
Starfish is now live.
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