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/biz/ - Business & Finance

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17502058 No.17502058 [Reply] [Original]

In a nutshell, IoT is a concept that connects all the devices to the internet and let them communicate with each other over the internet. IoT is a giant network of connected devices – all of which gather and share data about how they are used and the environments in which they are operated. IoTeX proposes a highly scalable and private blockchain solution that is comprised of 4 main innovative features:

1. The implementation of sidechain technology to run parallel to the main blockchain in order to achieve high scalability.

2. The truly private blockchain, based on reliable payment code, constant size ring signature and one of the first implementations of bulletproof.

3. Creating high-throughput with instant finality and reduced transaction costs with the Randomized Delegates Proof of Stake (Roll-DPoS) consensus mechanism.

4. Lightweight IoTeX system architecture specifically designed for the variety of IoT industries.

Website; http://iotex.io
News; https://twitter.com/iotex_io
Resources; https://iotex.zendesk.com/hc/en-us/articles/360025618693

You can DYOR. IoTeX is a "Technology First" project, proposing IoT devices with more secured, private and for the future of blockchain.

>> No.17502091

Products;
>UCam
The first way Ucam uses blockchain is for one-click setup to create a secure IoTeX blockchain identity (i.e., public/private key pair) for the user. Unlike traditional app/device logins, blockchain public/private keys are impossible to brute force hack. Furthermore, this public/private key pair is unique from all other username/password combos (“Internet Identity”) used to login to websites and apps. This application of blockchain-based identity is an important consumer safeguard, and will greatly mitigate the largest sources of device-level security camera hacks described in the above section. Pre-order is available now; ucam.iotex.io

>Pebble Tracker
Under development with its partner, Nordic Semiconductor. To meet the most stringent security and privacy requirements demanded for “trusted” professional tracking applications, the nRF9160 SiP features Arm TrustZone™ for trusted execution and Arm CryptoCell 310 for application-layer security. In addition, the nRF9160 is the first secure hardware device to sync with the IoTeX blockchain, enabling large scale, decentralized asset tracking applications. Source; https://www.nordicsemi.com/News/2020/02/IoTeXs-Cellular-IoT-based-tracker-delivers-environmental-and-condition-data-for-assets-in-transit?utm_campaign=SoMe%20promotion&utm_source=facebook&utm_medium=social&utm_content=News%20release:%20IoTeX

>> No.17502106

>>17502058
been stacking with this shit for a while now while the price is low in numbers

>> No.17502126
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17502126

>>17502106
OP said, this is a "Technology First" project. So while the price is cheap, you'll still earn passive income through their staking program.

>> No.17502129

>>17502058
Why should I pick this over IOST that has much larger following and it's actually being used, unlike this garbage.

>> No.17502142

>>17502058
Unironically putting money in on Kucoin tonight. The model looks promising, and I like staking. The charts are full of good signs. Its a buy for me.

>> No.17502146

>>17502058
so when mainnet? i like how raullen chai designed his project's roadmap. but i am excited when will mainnet happen and see the devopment of iotex.

>> No.17502218

>>17502146
It is Q2. These are some developments will happen after Mainnet GA;
>Further improvement of Roll-DPoS: Delegate accountability, including slashing/rewarding policy; Migrate to pure Native IOTX staking/voting.

>Future-proofing of the protocol: Embrace off-chain techniques (i.e., off-chain DAG, off-chain endorsements of txs); Quantum resistance via cryptographic agility; Support of new middleware components.

>Developer & Enterprise-ready Toolkits: Enhanced dev docs, Integrated Developer Environment (IDE); C/C++/Rust Embedded SDK; Hardware dev kits; Sandboxes & testing frameworks, and more!

>> No.17502266
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17502266

>>17502218
OK cool. i am expecting there will be no bugs to happen anymore when staking or voting.

Em just planning to accumulate again later i got home.

>> No.17502323
File: 741 KB, 1044x1784, hgjbks2vRxvg8UxeSLgxDr4fLmi3UjY9R9bzhepujgW9Wb4bUDbK6zCYjxwZteCcWYjXHfcqpF9T341nB72rr7qynN.png [View same] [iqdb] [saucenao] [google]
17502323

>>17502129
>larger following
they just organize free airdrop tokens to attract poor airdroppers and followers

>it's actually being used?
with what aspect? you dumb asshole, they don't even have any proof that they have ahieved anything that is written on their fucking whitepaper

this is for you to read fag https://steemit.com/cryptocurrency/@cryptoincn/a-900-millions-scam-iostoken-iost


i am not a follower of iotex nor iota. but when you compare iotex to any iot projects, they stand firm at the top.

>> No.17502345

>>17502058
How to stake? I have 6K iotx I bought last week

>> No.17502542

>>17502345

>Stake with MetaMask (desktop): https://medium.com/@iotex/voting-for-iotex-delegates-official-kickoff-a98aadd42df2

>Stake with TrustWallet (mobile): https://medium.com/iotex/trustwallet-launches-iotex-staking-voting-dapp-b94bdc2afbf7

>> No.17502577
File: 26 KB, 702x395, images.jpg [View same] [iqdb] [saucenao] [google]
17502577

>>17502058
Trading = Risk

Staking = Earn passively

How that does sound?

>> No.17502593

>>17502058
seems more legit than fucking iota

https://www.google.com/amp/s/nakedsecurity.sophos.com/2020/02/18/iota-shuts-down-network-temporarily-to-fight-wallet-hacker/amp/

>> No.17503125

>>17502106
where to BUY?

>> No.17503327

>>17503125
Kucoin, Binance or even Uniswap bro

>> No.17503872

>>17502146
Seeing how Raullen being enthusiastic upon his project and bringing it to progress, no way man!

https://mobile.twitter.com/iotex_io/status/1232373734570217472