TechFlow news: The IoTeX Foundation has announced the launch of W3bstream, an L2 network designed specifically for DePIN.
IoTeX can compress large volumes of off-chain data into verifiable zk-proofs, which can then trigger on-chain transactions. Key components include sovereign smart devices, a data availability layer, a Decentralized Sequencing Network (DSN), a Decentralized Aggregation Network, and a Layer-1 network.
W3bstream significantly enhances the throughput and efficiency of DePIN applications by efficiently managing data preprocessing and supporting aggregated proof generation.
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