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Modular Infrastructure for Verifiable DePINs

For DePINs, the use of “off-chain” data and computation is not simply a design decision but a necessity. How can we verify what happened in the real world before bringing it on-chain?

News

IoTeX Ecosystem Deep Dive

In this blog, we provide a holistic overview of the current IoTeX ecosystem across DePIN projects, DeFi projects, third party infrastructure/tools, integrations with other L1 ecosystems, wallets, and much more.

News

IoTeX Q3 In Review

There has never been a more exciting time for DePIN, and this quarter was extremely productive for IoTeX with a huge influx of new users, products, partnerships, integrations, events and more.

DePIN

USDC.e on IoTeX: A New Stablecoin Standard for DePIN

With an overwhelming majority vote, the IoTeX community passed Improvement Proposal (IIP) 30 following the Bridged USDC Standard specification from Circle to the IoTeX network via it’s decentralized bridge (ioTube); the current ioUSDC will be migrated to USDC.e.

Thought Leadership

The Building Blocks of DePIN

Currently, most DePIN projects depend on traditional Web2 architectures that activate blockchain token rewards. We now explore what a modular architecture for DePINs might look like. Building a DePIN application involves a complex tech stack, consisting of composable and modular layers.

Developers

Drop Wireless, Switch Electric, IoTeX to Establish Community-Built LoRaWAN Coverage for Smart Meters Across Sub-Saharan Africa

The IoTeX ecosystem strikes again in its quest to bring DePIN to everyone! Switch Electric and Drop Wireless, long term members of the IoTeX ecosystem, are partnering up to enable Switch Electric's sustainable and decentralized energy initiative through the establishment of LoRaWAN coverage in underserved regions of Sub-Saharan Africa. Switch

News

Foresight X Joins Forces with DePIN Surf Program as Accelerator Partner

In a groundbreaking partnership, Foresight X, in collaboration with IoTeX Foundation and FutureMoney Group, is fully committed to assisting in the planning, promotion, and recruitment of mentors and venture capitalists for the DePIN Surf Accelerator Program. Foresight X is the Web-3 accelerator under Foresight Ventures (AUM $400m), offering approximately $200,

News

IoTeX: 2023 Year in Review

In 2023, IoTeX thrived by harnessing DePIN's potential, launching innovative products and fostering global partnerships. Our advancements in blockchain and DePIN technology pave an exciting path for 2024.

Developers

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:

Developers

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 work" in DePIN)

Developers

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 zk-proofs of

Thought Leadership

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 acronym that's beginning to

Developers

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 hardfork, set to activate

Thought Leadership

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.

Thought Leadership

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.

Thought Leadership

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.

Thought Leadership

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 out in a decentralized

Developers

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

Community

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.

Developers

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

Developers

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

DePIN

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

Governance

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 protocols on Ethereum and

DePIN

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]