How does IOTEX 2.0 promote the DEPIN revolution?

Source: Chen Jian Source: X,@jason_chen998

Full -circulating DEPIN leader IOTEX released version 2.0

Today, as a full -circulating DEPIN leader, IOTEX officially released version 2.0.The release of version 1.0 has passed for a full 7 years. The new version of the white paper is rich in content, which reflects the team’s strong willingness to do things.As shown in the following ROADMAP, the main tone of version 2.0 is to completely upgrade the original Internet of Things Layer1 public chain to a set of DEPIN solutions and open platform systems.EssenceAlthough it looks just like OP, it supports the construction of Layer2 above IOTEX, but the specific improvement is far more than these, including four parts: W3BSTREAM, DIM, Public Good, and economic models.

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W3BStream: Calculation and certification under the chain

As the DEPIN public chain, the main responsibility is to ensure that the workload of many devices under the chain is true and credible, and it is uploaded to the chain to complete the certification and reward distribution on the chain in a timely manner.W3BSTREAM claims to be the world’s first decentralized chain computing network. Through ZK, full -state encryption, trustworthy execution environment, multi -party computing real -time real world activity proof, and publish these proofs to the chainHolders.In order to achieve the fastness of calculation, the latest published papers of IOTEX have increased the performance of ZKP by 30%, becoming the fastest ZKSNARK proofer in the world.W3BSTREAM can also be used to calculate AI under the chain and ensure the credibility of the calculation process, and build an AI data set, which is similar to the position of AO at this point.In addition, it is necessary to ensure the consistency of the wallet and the device under the chain, and the unity of the hardware equipment access, which also has corresponding solutions in subsequent DIMs.

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DIM: modular infrastructure

DIM (DEPIN Infra Modules) provides the ability to open the box for the DEPIN project through a series of modular methods. Firstly, it includes the MSP modular security pool to create a unified and trusted layer of the DEPIN infrastructure, so as to make the L2 start faster.Because DEPIN also includes the content on a large number of chains and under the chain, it is necessary to build its own decentralized architecture from scratch to enhance the credibility.MSP can be understood as Eigenlayer in the field of DEPIN, including three roles: the builders, pledges and verifications of DIM.Among them, builders are the most important, that is, third -party developers have modules, processing, storage, and automation created by third -party developers for DEPIN.MSP provides a bribery mechanism to ensure that pledges can get enough incentives from it.

The existence of IOID is also to solve the problem of inconsistent identity occurred during the interaction between the DEPIN field at the same time and the interaction of the under -chain device.IOID uses the wallet address as the identity on the chain, DID is used as a chain identity, and it is maximized.The identity authentication of the device under the chain is a difficult point because there are many types of equipment.In IOID, the DEPIN device can directly generate DID in the device through the integrated IOTEX SDK, that is, create a NFT for each device.The user logs in to the website through Metamask, and stores a minimum of 10 IOTX Token as the GAS fee during the startup process of the device. After the device generates DID, read the corresponding DID on the website and bind to register to achieve the upper chain and the under the chain under the chain.Related.

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IOCONNECT: General Embedded SDK

IoConnect is a universal embedded SDK that is used to eliminate the complexity of the DEPIN hardware device.Although IOID can generate DIDs for various types of hardware, the problems with many types of hardware and chips and poor standards still exist.To this end, IOTEX has developed a more common standard SDK, which is easy to connect to the network.

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IODDK: build L2 application chain

At the end of DIM, IODDK allows the DEPIN project to build the L2 application chain based on IOTEX and inherit the security of IOTEX.In recent years, IOTEX has not occurred or hacked theft.

In addition to the modular components provided by DIM, IOTEX also provides DEPINSCAN in the field of Public Good to allow users, miners and investors to monitor the growth of the DEPIN project, so as to find early projects.DEPIN Liquidity Hubs is a DEX dedicated to DEPIN token, providing liquidity for the early DEPIN project.

Economic model: inflation and shrinkage mechanism

Finally, the adjustment of the economic model.In version 2.0, IOTEX has the inflation and shrinkage mechanism at the same time, forming a dynamic balance hedge.In terms of inflation, IOTEX’s pledge node will receive the corresponding token as a reward.At the same time, IOTEX introduced the GAS combustion and shrinking mechanism similar to Ethereum in 2.0. It also needs to destroy a certain number of token when using the IOID to create the identity on the device.If the IOTEX network can achieve a good growth at the business level, a positive flywheel will be formed. The more people use, the more the number of token destroys.

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