
IoTeX to Host Community Call on July 15th
IoTeX will hold a community call on X on July 15th at 17:00 UTC to present its new vision and address questions on artificial intelligence, physical intelligence and the evolution of DePIN. Refer to the official tweet by IOTX: the town hall you’ve been waiting for.join the IoTeX team live to ask anything about our new vision.why AI? what is physical intelligence? how does DePIN evolve?we're answering it all next tuesday, july 15th at 9am PST right here on X. IOTX InfoIoTeX (IOTX) is an open-source blockchain platform specifically designed for the Internet of Things (IoT) with a strong emphasis on scalability, privacy, isolation, and the ability to develop decentralized applications and IoT ecosystems.IoTeX was created to address the technical challenges faced by existing IoT ecosystems, such as security issues, high maintenance costs, and scalability limitations. The project is developing a new blockchain architecture to support a large number of IoT devices.At the core of IoTeX is the concept of "blockchain within a blockchain." The main network, or "root blockchain," is responsible for network management and security, while internal blockchains, or "sub-blockchains," are used to manage various IoT devices and process transactions.The IoTeX network utilizes its native token, IOTX, for operations such as transaction fee payments and participation in network governance.