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IoTex

Iotex consensus model

Delegated Proof-of-Stake (DPoS) is an efficient, decentralized, and flexible consensus framework available in the blockchain industry. However, applying DPoS to the decentralized Internet of Things (IoT) applications is quite challenging due to the nature of IoT systems such as large-scale deployments and huge amount of data. To address the unique challenge for IoT based blockchain applications, we present Roll-DPoS, a randomized delegated proof of stake algorithm. Roll-DPoS inherits all the advantages of the original DPoS consensus framework and further enhances its capability in terms of decentralization as well as extensibility to complex blockchain architectures. A number of modern cryptographic techniques have been utilized to optimize the consensus process with respect to the computational and communication overhead. Q: Why does Iotex use rolled-DPoS consensus and not DPoS? A: Because IoT systems needs large-scale deployments and huge amount of data. Knowledge provider:io1frvyedgkv7ejkrlgjptyua6t6vll64qvtl0mmm KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact…

2022-07-12 0comments 82hotness 0likes admin Read all
IoTex

Is iotex a private blockchain?

IoTeX likes to describe itself as the private “blockchain-within-a-blockchain” scalable solution to power tomorrow's IoT-based multi-billion dollar economy. Essentially, IoTeX is designed to connect the physical world of internet-connect devices with distributed ledger technology (DLT) and IoT. Q: Is iotex a private blockchain? A: Yes Knowledge provider:io1stuy4enys8h32uke9hrnfnynp57lyyku963nz9 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:

2022-07-12 0comments 89hotness 0likes admin Read all
Cryptocurrency

Iotex

IOTX is an Ethereum token that powers IoTeX, a platform that aims to connect IoT devices (such as cameras and sensors) and decentralized applications. IOTX can be used to pay for transactions, for staking and governance, and to register new devices on the IoTeX network Q: What is iotx A: IOTX is an Ethereum token that powers IoTeX, a platform that aims to connect IoT devices (such as cameras and sensors) and decentralized applications. IOTX can be used to pay for transactions, for staking and governance, and to register new devices on the IoTeX network Knowledge provider:io1stuy4enys8h32uke9hrnfnynp57lyyku963nz9 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:

2022-07-12 0comments 90hotness 0likes admin Read all
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