W3bstream: A Layer-2 Rollup for DePIN The recent ascendance of the DePIN space into the crypto mainstream poses several questions and challenges, such as decentralization, scalability, verifiability, identity management and data trust. The article below will delve into some of these challenges and the solutions proposed by the IoTeX core team through one of its products:
W3bstream "Sprout": Community Update Introduction We are excited to share the latest developments in the W3bstream project with our community. Our upcoming release, "Sprout", will mark a significant leap forward towards providing a fully decentralized infrastructure essential for applications that require custom proofs derived from off-chain data (like "proofs of physical
DePIN Ads with Dropwireless and W3bstream DropWireless aims to pioneer a new era of decentralized peer-to-peer advertising through its DePIN platform DropWireless Media, leveraging the the IoTeX stack and W3bstream. Here's a deep dive into the application flow and a diagram for the tech savvies to show how DW is using W3bstream to generate
What are Real World Assets (RWA) and DePIN? What is RWA? The crypto industry loves to assign clever acronyms to things and then slowly wait for these acronyms to take hold, first through the crypto "space" and then in the broader, non-crypto zeitgeist. "RWA" or real world assets is a perfect example of an
IoTeX Mainnet Hardfork on v1.12.0 - What You Need to Know The IoTeX core release v1.12.0 is just around the corner. Here's a rundown of what's new, and what you need to do to stay synced with the blockchain. Important Dates and Info First and foremost, please mark your calendars: v1.12.0 introduces a
Let's Make the World a Better Place with Raullen Chai, IoTeX CEO As IoTeX is building a middle layer between the decentralized world and the real world, the development of IoTeX has actually shaped the entire industry, including the derivation of terms such as DePIN from its achievements.
Decentralized Verification in DePIN In this article, we dive into the topic of decentralized verification within DePINs, critically analyze existing solutions, and suggest innovative avenues that promise scalability without compromising on security and decentralization.
Guest Post: On Decentralized Physical Infrastructure Networks (DePIN) DePIN captures the value of physical infrastructure in the form of real world assets (RWA) through tokens. In a bottom-up self-organized way, it attracts users through economic mechanisms and gives full play to the economies of scale of the distributed economy.
Featured What are Decentralized Physical Infrastructure Networks (DePIN)? What does DePIN stand for? DePIN stands for Decentralized Physical Infrastructure Networks. It's a new way to build and maintain infrastructure in the physical world. This "infrastructure" can be anything from WiFi hotspots in wireless networks to solar-powered home batteries in energy networks. DePINs are built
The Essential Guide to Account Abstraction on IoTeX: A Practical Guide to p256 Signatures With our community voting in full favor on the IoTeX Improvement Proposal 14, Account Abstraction has finally hit the IoTeX Mainnet and Testnet, and its features are now available for all ecosystem devs. So, what is AA, how does it work, and how can you use it in your next
Unseen Heroes: Celebrating the IoTeX Moderators Introducing the Best Moderators initiative. Moderators have built a sense of unity within the IoTeX community – often working behind the scenes.
IoTeX Core 1.11.0: A Significant Leap Forward The IoTeX Core Release 1.11.0 opens a new frontier for developers, introducing the much-anticipated IIP-13 (Represent Staking Buckets As Non-fungible Tokens) and IIP-14 (Account Abstraction via EntryPoint Contract) features. With overwhelming support from our community, these updates are set to revolutionize the way staking mechanisms and account operations
News W3bstream’s Devnet Makes DePIN Building Faster With the launch of W3bstream Devnet, IoTeX has massively reduced the amount of time, resource and investment required to build and develop DePIN (Decentralized Physical Infrastructure Networks) projects. Devnet does this by abstracting away multiple middleware layers into a single solution, meaning projects which once took years for a team
W3bstream Devnet Release W3bstream, developed by the IoTeX core team, is a cutting-edge computational infrastructure designed to revolutionize the way applications can verify and utilize real-world data to tokenize user behaviors in the physical world. W3bstream effectively acts as the underlying infrastructure for DePIN (Decentralized Physical Infrastructure Network) projects, driving innovation and collaboration
Part III: A Totally New Design Space Powered by R3al-World Use Cases DePIN is the world’s most ambitious startup sector, taking on web2 and realigning digital infrastructure to meet modern demand. But building a DePIN app requires a seven-layer tech stack spanning hardware and token economics. Thankfully, W3bstream abstracts multiple middleware layers into a single, uniform interface that cuts development time
IIP-21: Why CIOTX on Ethereum is Beneficial As recently announced, the IoTeX blockchain's governance community has voted to approve the IIP-21 to bridge the native IOTX from the IoTeX network to Ethereum and implement CIOTX (Cross-chain IOTX) token on Ethereum. This plan aims to improve our native token's utilization and demand in DeFi
Part II: The R3al World Engine “We emphasize a billion users coming into Web3, and for me that’s gonna come from real-world applications that are a part of daily life.” –Firdosh Sheikh, founder and CEO of DRIFE DePIN is a multi-trillion dollar opportunity addressing the base problems of society. But DePIN is hard. “[DePIN founders]
Part I: Driving Real World Adoption: DePIN first IoTeX was founded in 2017 to supercharge the decentralization and productivity of real-world technology. Six years later, physical devices are transitioning from centralized ownership to decentralized physical infrastructure networks (DePINs). With the launch of W3bstream, IoTeX is established as a DePIN leader and a catalyst for one of the most
IoTeX and Safe Integration Gnosis Safe is a popular Ethereum-based multi-signature wallet designed for teams and organizations to manage their digital assets securely. GS has been widely used by many decentralized applications in the web3 space and it has become the go-to tool for many developers wishing to add an extra layer of security
IoTeX 2022: Year in Review What a year! 2022 was one of the most productive times in IoTeX's five-year history with monumental product releases, new world-class investors, game-changing partnerships, and rapid expansion of our global ecosystem. With widespread recognition that the "Real World ⇔ Digital World" sector is the next big thing,
What is a Trusted Execution Environment? A Trusted Execution Environment is one of those fundamental topics that doesn’t get enough attention in discussions on IoT / connected devices. There are many areas where the integrity of data and the ability to execute programs in a protected environment is of paramount importance. Having highly sensitive information such
Connecting the Real World to Web3 - MachineFi Use Cases Over the past few years, Web3 has captured the attention of millions via DeFi, GameFi, NFTs, DAOs, and other use cases. However, we believe the key to mass adoption is connecting the real world to Web3 via the combination of blockchain and the Internet of Things (IoT). By using smart
News W3bstream Launch: Smart Devices to Smart Contracts #BuildAnything Own, earn and build amazing and unique dApps with W3bstream, a world’s first. For over a year and a half, we've been building a groundbreaking off-chain data compute technology that has never existed before. It is a unique blockchain-agnostic framework that connects devices and data. It will
IoTeX and the Ethereum Merge As most people in the blockchain community are aware, Ethereum will be moving from Proof-of-Work to Proof-of-Stake. This transition, being called the Merge, is scheduled to take place roughly on Thursday, Sept. 15 at 04:25 2022 UTC. IoTeX fully supports the Merge and in a TechTimes article last month
IoTeX Governance As IoTeX continues to expand at a rapid pace, we are excited to introduce a new governance framework to ensure the network grows sustainably, transparently, and fairly. Ensuring the voice of the people is heard is paramount for any decentralized network -- our goal is to bring together users, developers,