July 17: IoTeX, an Ethereum appropriate blockchain platform optimized for decentralized bodily infrastructure tasks (DePIN), is launching its 2.0 platform to democratize entry to DePIN by partnering with NEAR, Filecoin, RISC Zero, Espresso and extra, “to reinforce information availability, storage, computation and sequencing,” based on the crew: “IoTeX 2.0 options DePIN Infrastructure Modules (DIMs) and Modularity Safety Pool (MSP) to chop improvement prices and help sustainable development for DePIN tasks, positioning itself as the most important decentralized hub for units and information that will likely be deployed by each people and AI brokers.” In accordance with a press launch: “The introduction of Modularity Safety Pool (MSP) permits DePIN layer-1s to restake their Proof-of-Stake safety to DIMs, fueling development and fostering sustainability throughout the ecosystem. Initiatives can then achieve speedy publicity, liquidity, and verification as they evolve. As they mature, DePIN tasks can transition to their very own DePIN-specific L2, attaining true sovereignty.”
