IoTeX will launch the L2 network W3bstream designed specifically for DePIN

2024-01-04 10:43:26

Collection

ChainCatcher news, according to the official blog, the IoTeX Foundation stated that the team is preparing to launch the L2 network W3bstream, specifically designed for DePIN. W3bstream is capable of compressing (aggregating) large amounts of off-chain data into smaller, verifiable zk-proofs to trigger on-chain transactions.

In addition, W3bstream can support existing DePIN projects on any blockchain.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.