![]() ![]() ![]() We plan to address inflation by fixing the total supply of IoTeX tokens at the start. One of the concerns for monetary evaluation is inflation.What is an IoTeX token? How does it work? No, we do not have plans for public ICO at the current moment.Subchain-as-a-service (SAAS) to facilitate fast prototyping and production of new IoT applications and ecosystems. Real-time consensus with instant finality, which improves the throughput of the network, and reduces transactional cost, and boosts efficient cross-blockchain communication 4. Built-in privacy based on lightweight cryptography 3. Blockchain-in-blockchain architecture which ensures privacy and prevents IoT information leakage 2. At the highest level, we have four main innovations: 1.IoTeX’s competitive advantage is the vibrant, global network of tech communities, who are interested in developing new IoT applications and ecosystems utilizing IoTeX blockchain platform. Although many would compare IoTeX with IOTA (an open source blockchain platform that focuses on M2M payment), we believe that that would be comparing apples to oranges.By combining token incentives with community efforts, we believe we can crowdsource industry and community talents to address these technical challenges in IoT development. IoTeX solves these problems by introducing a blockchain-in-blockchain architecture with token economy. IoT has rapidly evolved over the years, but there are roadblocks ahead: lack of scalability, privacy concerns, and lack of functional values.Website: Twitter: Telegram: Medium: Email: Related Subreddits: /r/CryptoCurrency /r/Bitcoin /r/IOT Nonetheless, one to watch.Welcome to IoTeX's official subreddit! IoTeX is the next generation IoT-oriented blockchain platform with strong scalability, privacy, isolatability and developability for incubating new IoT applications and ecosystems. What worries me a little is the fairly high market cap, and it is unclear if such a solution is really needed. ![]() The combination of hardware and software is a unique selling point, and the development is very active. Verdict and RatingĦ/10 Very interesting supply-chain management project. Overall development is very active and ongoing. The mass production of blockchain RFID tags is planned for 2019. The launch of a WTC Android wallet is also scheduled for 2018. Waltonchain works on forming partnerships, raising brand awareness and improving the UI. You can sell WTC for cash on several cryptocurrency exchanges that have fiat-pairings, for example, Coinnest. You can buy WTC on several cryptocurrency exchanges, most notably Binance and OKEx. The maximum supply of WTC is 70,000,000 and the circulating supply at the time of writing is 31,144,099 WTC. What is the total and the circulating supply? The combination of blockchain and hardware in the form of RFID-chips is a clever idea and differs Waltonchain from its competitors in the supply-chain management market. What differs Waltonchain from other Cryptocurrencies? ![]() Therefore you cannot mine, but you can stake your tokens to help secure the network and get additional tokens as compensation. No, the consensus mechanism is Proof-of-Stake. To find out insider news, before-the-public, we advise you to bookmark: Can Waltonchain be mined? March 2018, WTC was issued as an ERC20-interim token.Ģ5 million USD was raised during the ICO in late 2017. WALTON stands for Wisdom Alters Label, Trade, Organization, and Network and is additionally an homage to Charlie Walton, inventor of the RFID-technology. Waltonchain uses their own consensus mechanism called Proof of Stake and Trust (POST), which is similar to traditional Proof-of-Stake but has a node reputation system added. A sub chain can be created by anyone and have their own specific tokens and voting mechanisms. The parent chain tracks WTC (native asset) transactions, oversees sub-chains and executes smart contracts. The network is divided into a parent chain and several sub-chains. What is the total and the circulating supply?.What differs Waltonchain from other Cryptocurrencies?. ![]()
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