Trac Network vs IoTeX

Trac Network — unlike traditional blockchains — does not utilize blocks to process transactions. Instead it operates in favor of a constant stream of transactions that are peer-to-peer-validated and settled on decentralized ledgers. The topology of Trac Network allows for near-instant transaction settlement and a better user-experience. Trac Network uses DAGs as well as distributed clocks to maintain linearized and causal order of network messages.

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.