IOTA

Author Enrico Marconi
Status Draft
Type Informational
Created 2025-07-28

Table of Contents

Namespace for IOTA networks

IOTA is a Move-based smart contract platform designed for high performance. Unlike traditional blockchains that use accounts and process transactions sequentially, IOTA uses an object-centric data model. This allows transactions to operate on individual objects, enabling them to be executed in parallel without needing to be coordinated. This architecture ensures high throughput while maintaining security and consistency.

The IOTA network is maintained by a committee of validators. These validators are responsible for processing transactions and creating checkpoint digests, which are cryptographic summaries of the network’s state at regular intervals. These checkpoints are crucial because they serve as the official, canonical state of the network.

Each IOTA network has a unique identity, established by its genesis checkpoint digest. This is the cryptographic hash of the very first checkpoint, signed by the original validators. This digest acts as a verifiable anchor for the network’s identity.

Rationale

This distinct design - which focuses on checkpoints and objects instead of blocks and accounts - requires a special approach to integrate with standard cross-chain identifiers (CAIPs).

This new namespace provides the necessary framework to map IOTA’s architecture to these standards, ensuring compatibility and interoperability with multi-chain tools.

Governance

The IOTA Foundation coordinates protocol upgrades and standards by working with core contributors and the developer community. Proposed changes go through an open process called IOTA Improvement Proposals (IIPs), with discussions and reference implementations maintained on GitHub.

References

  • IOTA Docs - Developer documentation and cencept overviews for for building on IOTA.
  • IOTA GitHub - Official GitHub repository for the IOTA smart contract platform.
  • IOTA IIPs - Official GitHub repository for IOTA Improvement Proposals.

Copyright and related rights waived via CC0.

Citation

Please cite this document as:

Enrico Marconi, "namespaces/iota: IOTA [DRAFT]," Chain Agnostic Namespaces, iota, July 2025 / . [Online serial]. Available: https://github.com/ChainAgnostic/namespaces/iota.md