IoTeX Coin is an ERC-20 token and was launched in 2017. Founded as an open source project, IoTeX is building a decentralized platform to power the Internet of Trusted Things, an open ecosystem where humans and machines can interact with trust, free will and privacy. Detailed information about the IoTex coin IOTX and how does it work, how to buy it, how much is the IOTX price, etc. is located in the continuation of the article. You can browse here for information about Bytecoin (BCN).
What is IoTeX coin (IOTX) and how does it work?
IOTX Coin is the native cryptocurrency of the IoTeX platform. IoTeX Coin is an ERC-20 token and was launched in 2017. IoTeX’s mission is to be a privacy-centric blockchain that manages the entire information lifecycle of the Internet of Things (IOT) network, including data collection, transport, storage and use.
IoTeX uses a Proof of Stake (“Roll-DPoS”) consensus mechanism to provide “higher scalability with instant certainty without sacrificing decentralization or security.” IoTeX uses a Proof of Stake (“Roll-DPoS”) consensus mechanism to provide “higher scalability with instant certainty without sacrificing decentralization or security.”
IoTeX’s Research and Development team consists of cryptography, artificial intelligence and IoT engineers who have previously worked for Google, Facebook, Uber and Bosch, with PhD degrees from the University of Waterloo and the National University of Singapore.
How to buy IoTex token? How much does IOTX cost?
IOTX Coin is the native cryptocurrency of the IoTeX platform. At the time of publication, that is, on August 13, 2021, 1 IOTX is traded at $0.10. As of August 12, 2021, the circulating IOTX supply in the market is 9,540,779,324 units. The total IOTX supply is 9,626,124,332 units.
Note: The information contained in this content is for informational purposes only. It is not investment advice.
For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency
