IoTeX

IoTeX is a blockchain platform designed specifically for the Internet of Things (IoT) industry. It aims to address the scalability, privacy, and security challenges associated with connecting billions of devices to the internet. IoTeX utilizes a unique architecture that combines blockchain, decentralized identity, and secure hardware to create a trusted and privacy-centric infrastructure for IoT applications. It offers lightweight and efficient consensus mechanisms, support for trusted computing environments, and privacy-preserving techniques such as zero-knowledge proofs.

Token symbol:
IOTX

Metrics Overview:
IoTeX TPS is 5.51 transactions per second
IoTeX Max TPS is 830 transactions per second
IoTeX Max Theoretical TPS is 1,000 transactions per second
IoTeX block time is 5s
IoTeX time to finality is 0s
IoTeX is a Layer 1 blockchain
IoTeX governance model is on-chain
IoTeX was launched on Apr 22, 2019 (6 years ago)