IoTeX (IOTX)ICO Crypto currency IoTeX is a digital token platform for collecting and storing information collected by devices connected to the Internet Things. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is IoTeX
IoTeX decouple that state transition mechanism with the consensus canonicalization mechanism by throwing away concepts like blocks and chain. Instead, transaction issuers are also transaction approvers and transaction verification is constructed using a Directed Acyclic Graph (DAG) to make transaction fast and zero cost. This scheme is obtained by losing globally definite states, which make desired features like Simple Payment Verification SPV for light clients and smart contracts quite challenging.
The IoTeX project does not position itself as an ICO. The team abolished the token sale and decided to focus on building an active global community and regularly publishes programs for their remuneration. At the moment, they do Charity Programs (charity programs), where everyone can donate a certain amount of ETH and get bonuses.
LegalBlockchain Platform: Ethereum | Token infoTicker: IOTX |
IoTeX Roadmap
Kick off research on lightweight privacy-preserving techniques for blockchain.
White paper writing.
Design and prototype of key components.
Testnet preview launch.
Lightweight crypto lib preview launch; Testnet beta launch.
Mainnet launch (w/ support of cross chain communication and lightweight crypto lib).
Kick off research on Lightweight privacy-preserving techniques for blockchain.
White paper writing.
Design and prototype of key components.
Testnet preview launch.
Lightweight crypto lib preview launch; Testnet beta launch.
Mainnet launch(w/ support of cross chain communication and lightweight crypto lib).
Subchain SDK preview launch; 1st Pilot DApp launch.
Lightweight client launch; Hardware-based security enhancement for IoT devices.
2nd Pilot IoT DApp on subchain launch.
Subchain SDK GA; Mainnet GA ( w/ support of transactional privacy).
Lightweight virtual machine (LVM) preview launch.