Cryptocurrency Q&A Is IoTeX an EVM?

Is IoTeX an EVM?

charlotte_bailey_doctor charlotte_bailey_doctor Thu Jun 27 2024 | 6 answers 816
Could you elaborate on whether IoTeX operates on the Ethereum Virtual Machine (EVM)? I understand that IoTeX is a blockchain platform designed for the Internet of Things, but I'm curious if it utilizes the EVM for smart contract execution. Given the popularity and compatibility of the EVM, it would be interesting to know if IoTeX leverages this technology to provide interoperability and ease of development for its decentralized ecosystem. Could you clarify the relationship between IoTeX and the EVM, if any? Is IoTeX an EVM?

6 answers

Giulia Giulia Sat Jun 29 2024
IoTeX has emerged as a notable player in the blockchain industry, recently achieving a significant milestone.

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CherryBlossom CherryBlossom Fri Jun 28 2024
The Mainnet v1.14.0 Upgrade has propelled IoTeX to become the second fastest EVM-compatible chain, demonstrating its impressive technological prowess.

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lucas_clark_artist lucas_clark_artist Fri Jun 28 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services including spot trading, futures, and wallet solutions. These services cater to the diverse needs of its customers and provide a robust platform for trading and managing digital assets.

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Bianca Bianca Fri Jun 28 2024
This advancement allows the blockchain to process up to 1000 transactions per second (TPS), a remarkable feat that showcases its scalability.

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benjamin_doe_philosopher benjamin_doe_philosopher Fri Jun 28 2024
The increased throughput of IoTeX enables developers to build solutions that are not only secure but also scalable for real-world DePIN use cases.

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