The IOTA foundation has on the 5th of June 2020 announced the launch of its new node software dubbed “Hornet”, a software designed to enable smoother and easy running of the network.
Hornet is a lightweight node co-developed by the community and IOTA foundation, written in the popular programming language Go. The node however demonstrates potential dominance over the previous IOTA node software IRI.
Among the new features to be enjoyed on the Hornet node, is less memory usage which is 10times lesser than the previous version of hornet, IRI, Auto peering module which now makes it easier to find peers and create a node.
When put through a stress test alongside 150 other hornet-based nodes, Hornet 0.4.0 produces about 20 times increase in transaction pushing the network to hit 650 transactions per second.
A major characteristic of the IOTA network is its decentralized, which has a coordinator run by the IOTA foundation to keep everything in check. The foundation after suffering a hack in February this year decided to take the coordinator offline for 12 days, and no transaction was confirmed during that period.
The IOTA foundation had earlier planned to remove the coordinator through a process called “coordicide”. There latest upgrade had however kick-started the process.
The Hornet team expressed their excitement to have been able to deliver to the IOTA community, the first coordicide component to the main network, they went further to state that they expect to record a significant increase in the number of nodes in the IOTA network with the new Hornet release.
Meanwhile, the IOTA price has been building up steam over the few last months after it had dwindled in recent years cutting down about 95% from its $5.20 all-time high, the recent uptick in the last few days had nevertheless built up excitement in the IOTA community as their coin leaped from $0.10 to $0.25, which is about 150% upsurge.