IoTeX, a pioneering blockchain platform seamlessly merging the realms of fast, secure blockchain technology with the Internet of Things (IoT) and smart devices. IoTeX stands at the forefront, revolutionizing data integrity and trust by facilitating the seamless integration of trusted data from trusted devices for trusted Decentralized Applications (DApps).
At its core, IoTeX is engineered to uphold the highest standards of security and efficiency, empowering users with a robust framework to harness the potential of IoT-driven data in blockchain applications. With full compatibility with Ethereum and other leading Ethereum Virtual Machine (EVM) chains, IoTeX ensures seamless interoperability and accessibility across diverse blockchain ecosystems, thanks to its decentralized bridge.
Enter W3bstream, IoTeX’s groundbreaking solution bridging the gap between off-chain data sources and blockchain applications. Through the power of zero-knowledge proofs, W3bstream enables DApps to conduct verifiable processing, ensuring data integrity and authenticity while unlocking new realms of possibility for decentralized applications.
Experience the future of blockchain and IoT convergence with IoTeX, where trust, security, and innovation intersect to redefine the landscape of decentralized technologies. Join us as we pioneer a new era of trusted data utilization and DApp development, setting the stage for a decentralized future powered by IoTeX.
How can I earn with IoTeX?
Engage in the process of mining IoTeX, where consensus management for the entire IoTeX Network takes center stage. Mining within IoTeX, often dubbed as “mining”, involves a sophisticated consensus mechanism known as Roll-DPoS (Delegated Proof of Stake).
In this innovative system, 24 out of the top 36 voted Delegates are randomly selected to produce blocks every hour. These Delegates play a pivotal role in maintaining the integrity and functionality of the IoTeX blockchain. For their efforts, Delegates are rewarded with a fixed incentive of 8 IOTX for every block they successfully mine, with a new block being produced every 5 seconds.
Furthermore, the top 36 voted Consensus Delegates enjoy additional perks in the form of a bonus. These Consensus Delegates, deemed crucial for the stability and progress of the network, earn an extra 80 IOTX per epoch courtesy of the IoTeX Foundation.
By participating in the mining process, individuals not only contribute to the operational efficiency of IoTeX but also stand to benefit from lucrative rewards. Join us in shaping the future of decentralized consensus and blockchain innovation with IoTeX, where every contribution counts towards a more robust and inclusive ecosystem.
