Official announcements from the tech companies and IoTeX

IoTeX Launches IoTeX 2.0 with DIMs and MSP, Transforming Blockchain Infrastructure

Jul 18, 2024, 10:02 AM

IoTeX has launched IoTeX 2.0, a significant upgrade to its Layer 1 blockchain, transforming it into an open Modular Infrastructure for all Decentralized Physical Infrastructure Networks (DePINs). The upgrade includes composable modules, a unified trust layer, new tokenomics, DePIN Infra Modules (DIMs), and a Modularity Security Pool (MSP) aimed at democratizing access to DePIN. This development is expected to push beyond the boundaries of crypto and revolutionize the legacy infrastructure economy. The launch has been widely praised within the crypto community, with many highlighting its potential to enhance integration and collaboration in the tech space.